Full service consortium management Third Party Admin - Drug Screening
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Health and Safety company with broad revenue streams to support workplace and community safety. This company has existed for decades under the leadership of current owner and existed for another 15 years under the ownership of others. Due to the requirement for federal license holders to participate in random drug screening programs, this industry will carry long into the future. The company is an Accredited Third Party Administrator by the National Drug and Alcohol Screening Association. All DOT collectors are nationally qualified and there are DOT nationally qualified trainers on staff. The company is a founding member of the Nationial Drug and Alcohol Screening Association.
About the Business
- Years in Operation
- 27
- Employees
- 8 (6 Full-time, 2 Part-time)
- Facilities & Assets
- Website, Training programs (online and in person offerings), all associated equipment such as evidential breath testers, phlebotomy supplies, fingerprinting supplies, computers, desks, chairs, all incidental office machines such as printers, laminators, etc
BUSINESS PROPERTIES may be available separately. - Market Outlook / Competition
- Department of Transportation drug screening will always be necessary. As the tourism industry continues to flourish, the drug screening business has consistently grown, over time. One location has zero competition, one location has very minimal competition (a clinic that will do collections, if they have time), and one location has competition on the same block, however, they rarely have staffing for this work.
- Opportunities for Growth
- This company is a full service consortium manager, We provide random program management, support collections across the USA, and also have ancillary services available to our clients. Each client signs an annual contract. There are multiple growth areas available in revamping a safety divisioin to include OSHA support/training, government contracting and B2B sales for drug screening.
About the Sale
- Seller Motivation
- Retirement.
- Transition Support
- Owner could provide 30 days of support. Ideally, buyer would retain Operations Manager, as this person manages the day to day, and would be a solid asset to buyer.
- Financing Options
- Seller financing may be possible, with substantial down payment.
Listing Info
- ID
- 2420446
- Listing Views
- 11
Listing ID: 2420446 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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