LabXpress™is a franchise opportunity in the high-margin, high growth medical laboratory testing industry.
Industry Overview:
Healthcare is a $2.6 TRILLION industry
In Growth stage of industry development
Medical Laboratory business is a $50 Billion testing niche
The industry's two (2) largest labs account for only $11 Billion revenue
About Us:
LabXpress™ has worked extremely hard to earn the trust and respect of the local medical communities in which we serve.
LabXpress™ has developed relationships and referrals from insurance companies, to industrial and municipal clients
LabXpress™ is here to back you up, and if need be, send in our experts to assist upon your request.
Since there is a growing unmet demand for local, high-quality rapid laboratory testing services, LabXpress™ has destined itself to be the national leader in this high-growth market.
Key Business Features:
Started in 1989 in Phoenix by Founder and CEO, Scott Farrell
Model refined in 1993
Consolidation of labs into a few major players
Miniaturization of technology
Resulting business growth
Franchisee will have one (1) laboratory with a “Draw Site” and three (3) additional “Draw Sites”
Ideal Candidate:
"Corporate America Refugee" looking to build wealth through regional development opportunity
Understands marketing strategies and sales relationships
Candidate is a motivator with relationship skills, people skills, consultation abilities, and mentorship abilities.
Role of Regional Development Franchisee:
Promote LabXpress Brand to local Medical Community within their designated service area
Utilize corporate marketing programs and provide feedback on results
Designed as the ideal concept for business people willing and able to develop, serve and manage the Medical Laboratory Testing industry in their markets.
Competitive Advantage:
Cottage industry with 2 giant national players
Express results vs. Slow results
Professional and speedy customer service vs. “Take a number!”
Cheaper Prices because of In-Market Laboratory
Click "Contact Me" for more information.
Total Investment
Minimum
$791,900
Maximum
$1,114,500
Min Cash Requirement
$400,000
Min Net Worth Requirement
$1,000,000
Franchise Fee
180,000
Number of Open Units
9
Year Began Franchising
2009
0 /14 Complete
on the Franchise Potential Questionnaire, continue below: