Rapidly Growing Proj. $500K+ Sales - Recession Resistant Medical Niche
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3 Estab. & Fully Staffed Fastest Labs Locations with 40%+ Sales Growth
**Own your piece of the $11 BILLION dollar drug screening market!**
Established Medical Testing Franchise - Three Fastest Labs Locations in High-Growth Charlotte Market
This recession-resistant medical testing business operates three fully staffed Fastest Labs locations in the rapidly expanding Charlotte metropolitan area. Established in 2008 as a franchise operation, the business specializes in workplace drug testing, DOT compliance, and related diagnostic services within the $11 billion testing market.
Financial Performance:
- Strong 40%+ sales growth trajectory
- Projected $500K+ sales within next 12 months
- Inventory ($35,000) and FF&E ($45,000) included
- Lease: $2,800/month through May 2028
Business Strengths:
- Established customer base with contracts in place
- Tenured, fully trained staff who love their jobs
- Testing-only model insulated from healthcare volatility
- Benefits from expanding THC legalization and workplace safety requirements
- Easy-to-operate franchise system with proven protocols
Growth Opportunities:
- Mobile testing services for B2B clients (high-margin, underutilized)
- Saturday operations to capture weekend demand
- Territory expansion into unclaimed ZIP codes
- Fingerprinting services for additional recurring revenue
- Local networking and community relationship building
Comprehensive Support Package:
- 1 week franchisor training covering operations and compliance
- 1-3 months seller-provided on-site training
- Ongoing advisory support during transition
- Access to hiring templates and vendor relationships
The Charlotte market's continued economic growth provides consistent B2B opportunities. Current owner, a cybersecurity professional launching a new venture, seeks buyer who can dedicate 20-30 hours weekly to maximize the market potential through localized sales and networking.
Seller financing available. Creative financing options and cash offers accepted.
Established Medical Testing Franchise - Three Fastest Labs Locations in High-Growth Charlotte Market
This recession-resistant medical testing business operates three fully staffed Fastest Labs locations in the rapidly expanding Charlotte metropolitan area. Established in 2008 as a franchise operation, the business specializes in workplace drug testing, DOT compliance, and related diagnostic services within the $11 billion testing market.
Financial Performance:
- Strong 40%+ sales growth trajectory
- Projected $500K+ sales within next 12 months
- Inventory ($35,000) and FF&E ($45,000) included
- Lease: $2,800/month through May 2028
Business Strengths:
- Established customer base with contracts in place
- Tenured, fully trained staff who love their jobs
- Testing-only model insulated from healthcare volatility
- Benefits from expanding THC legalization and workplace safety requirements
- Easy-to-operate franchise system with proven protocols
Growth Opportunities:
- Mobile testing services for B2B clients (high-margin, underutilized)
- Saturday operations to capture weekend demand
- Territory expansion into unclaimed ZIP codes
- Fingerprinting services for additional recurring revenue
- Local networking and community relationship building
Comprehensive Support Package:
- 1 week franchisor training covering operations and compliance
- 1-3 months seller-provided on-site training
- Ongoing advisory support during transition
- Access to hiring templates and vendor relationships
The Charlotte market's continued economic growth provides consistent B2B opportunities. Current owner, a cybersecurity professional launching a new venture, seeks buyer who can dedicate 20-30 hours weekly to maximize the market potential through localized sales and networking.
Seller financing available. Creative financing options and cash offers accepted.
About the Business
- Years in Operation
- 18
- Employees
- 4 Full-time
All Employees with 2+ Years Tenure - Franchise
- This business is an established franchise
- Facilities & Assets
- The sale includes three fully operational, branded storefronts in high-visibility areas of the Charlotte metro region. Each facility is approximately 1,840 sq. ft. and features open-concept testing areas designed for high-volume throughput.
Assets Included: Approximately $10,000–$15,000 in inventory, a full technology stack (including HubSpot and ZoomInfo CRM), all specialized testing equipment, furniture and fixtures.
Intangibles: The business conveys with a unified client base of ~200 active B2B accounts, 50+ existing contracts and established social media accounts, Google Business Profiles and hundreds of 5 star reviews! - Website
- https://www.fastestlabs.com/
- Market Outlook / Competition
- The diagnostic testing industry is currently in a rapidly growing "Regulatory Growth" phase. With the expansion of THC/marijuana legalization and stricter workplace safety requirements, the demand for mandatory workplace drug compliance is at an all-time high.
The Charlotte metropolitan area remains one of the fastest-growing economic hubs in the U.S., providing a consistent influx of new B2B targets. Unlike general medical clinics, our specialized "testing-only" model is insulated from traditional healthcare volatility. - Opportunities for Growth
- Significant "owner-driven" levers exist to immediately increase EBITDA:
Networking: Network locally with schools, chambers of commerce, business networking and more to build local relationships that are critical to sales growth.
Mobile Testing: Expanding on-site workplace testing services for B2B clients, a high-margin area currently underutilized.
Saturday Operations: Capturing demonstrated demand for weekend hours to serve clients unable to visit during the work week.
Territory Expansion: The franchise agreement allows for the acquisition of customers in any unclaimed ZIP codes within the region.
Fingerprinting: Leveraging the recently established fingerprinting partnership to drive additional monthly recurring revenue.
Real Estate
- Owned or Leased
- Leased
- Rent
- $2,800.00 per month
- Lease Expiration
- 5/7/2028
About the Sale
- Seller Motivation
- The owner is a cybersecurity professional whose time constraints have increased
- Transition Support
- We are committed to a seamless transition. The training package includes:
Franchisor Training: 1 week of formal training provided by Fastest Labs corporate, covering operations, testing protocols, and compliance.
Seller Training: 1–3 months of post-close on-site training to transition local relationships and operational workflows.
Advisory Period: 1–3 months of ongoing advisory support (flexible) as the new owner scales.
Hiring/Ops: Full access to existing hiring templates, job descriptions, and vendor relationships for marketing. - Financing Options
- Seller financing available, creative financing available and cash offers accepted.
Listing Info
- ID
- 2503800
- Listing Views
Attached DocumentsAttachment Disclaimer
Public3FastestLabsCIM.pptx.pdf
Business Location
Listing ID: 2503800 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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