Well Respected Drug & Alcohol Testing Facility
Medical - General | Specialty ยท MI
About This Business
Excellent opportunity to acquire a well-established highly reputable Substance Abuse Testing Facility serving the public and courts throughout Michigan. Since early 1990s, this business has been specializing in drug and alcohol testing and developed a solid referral network consisting of various courts, attorneys and probation officers. Payments for services collected in cash or by credit card at the time the services are provided.
The office staff consists of 5 part time employees responsible for data entry, drug testing and reports, both working an average of 30 hours per week. The owner is responsible for financials and office administrative duties and only works part time.
This business is highly profitable and offers a perfect reputation in the industry with plenty of room for growth including full DNA testing set up, which is becoming increasingly popular. No licensing is required for testing portion of the business offered for sale.
This business would be ideal for another testing facility looking to grow its market share or for an individual investor looking to get into the industry. Licensed therapist practicing in behavioral and drug/alcohol fields would be an excellent candidate as well.
Facility
The company currently operates out of a central, highly visible and accessible, spacious leased facility. The lease is on a month to month basis allowing the new owner to move the facility to a different location if desired.
Market outlook
Competition: Although competition exists, this highly reputable facility offers solid name with outstanding public reviews with an established referral network.
Growth & expansion
Currently no marketing efforts are in place and most business comes from referrals and word of mouth. With excellent long standing of the business in the industry and fresh energy of a buyer this business is poised for continued growth and expension.
About the sale
Support/Training: Seller will provide all necessary training to insure smooth transition.
Terms: Negotiable to a well-qualified buyer.
Reason Selling: Retirement
Highlights
- Established in 1993
- Leased facility with month-to-month lease
- No licensing required for testing portion