National Medical Franchise For Sale

Listing ID: 700331107

Listing Title: National Medical Franchise For Sale

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Industry: Franchises

Industry Segment: Other Franchises

Country: United States

State / Province: Alaska



Asking Price Range: < $250K

Gross Revenues: Seller Will Provide

Cash Flow: Seller Will Provide

Cash Flow Type: EBITDA

Year Established: 2018

Number of Employees: 1 - 3

Business Description:
Nationally branded medical lab (Clinical, Judicial, DNA, & Toxicology/pre-employment screening and HR onboarding background checks). The protected territory covers 70% of Alaska's population, effectively making it a state-wide franchise. National accounts contribute $50,000/year to revenue currently and can be easily increased five-fold or ten-fold by the right person within one year. Open national accounts allow State, Municipal, Borough and Federal agencies to participate without going to RFP. AK DOT/PF already takes advantage of this national account. Owner paid $80K to secure the franchise for a family member. Circumstances no longer allow the family member to pursue this opportunity. All franchise fees are paid in full and a 1-year moratorium on all franchise royalties as well as other fees are in effect until January of 2020. The owner is willing to sell and transfer all rights to the franchise for a $65k cash purchase price and eat the loss. Seller may also consider a strategic partnership with a reputable entity that is well established and positioned to leverage this opportunity. The strategic partner would need to buy out 51% of the $80k in a cash purchase and take over all operational activities. Current owner would assist in marketing on an as needed basis.

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