Any Lab Test Now
$90,000
$54,900
228
2004
Atlanta,GA
Clarissa Bradstock
Overview
ANY LAB TEST NOW is the first and leading retail lab testing service provider in the U.S. We make it easy for consumers to take control of their health and healthcare budgets by empowering them to purchase lab tests with affordable transparent prices.
What are some of the other advantages to franchising with Any Lab Test Now?
- We offer a menu of diverse product offerings, fulfilling the needs of different demographics and business verticals. This model creates multiple revenue opportunity streams.
- We provide a comprehensive initial onboarding and training program at no cost. We also host a robust Training Portal for you and your medical assistants.
- We offer a call center option to franchisees. Medical assistants can focus on providing an exceptional brand experience with customers in the store, while we answer questions and schedule appointments for their callers.
- We provide one of the most robust and targeted marketing programs in our industry.
- Supply costs are nominal, as most collection supplies are provided by our partner laboratories.
Franchise Unit Trends and Revenue
228
16
$339,892
* in 2023
Franchise Fees
$54,900
Veteran's Fee: $18,000 - $36,000
7.0%
Gross Revenues
2.0%
Gross Revenues
Why Choose Any Lab Test Now?
Any Lab Test Now is on the leading edge, driving the trend of healthcare consumerism. Every community benefits from easy, direct access lab testing. Each location offers thousands of lab tests, ranging from general health and wellness to paternity, drug and alcohol, and HIV/STD testing. Customers simply walk in, choose their tests and receive results- most available in only 24-72 hours. The process provides a simple, affordable way for consumers to monitor and manage their health and high-deductible healthcare budget.
Multiple Revenue Streams
In addition to consumer sales, Any Lab Test Now supports numerous B2B sales verticals targeting multiple revenue channels. The brand has a proven track record with physicians, attorneys, vocational institutions, DNA referrals and employers.
Minimal Start-Up, Easy to Manage
Any Lab Test Now is part of a high demand industry with low start-up costs that is easy to build out and manage. Franchisees are not required to hire a lot of employees. You only need one or two people in the store during the first year, along with minimal inventory.
Comprehensive Training and Daily Support
The Any Lab Test Now support system stretches from site selection to use of our training, marketing and results portals, sales training and continual access to a designated support representative. Franchisees are also offered access to a call center that can not only schedule appointments but also upsell/cross-sell consumers to larger testing packages.
Any Lab Test Now supports franchise owners with digital marketing, local listings management, website maintenance and SEO, creative content and email marketing.
Starting Costs and Investment Requirements
$166,900 - $293,900
$300,000
$90,000
Training and Support
Franchisee Support
One benefit of franchising is becoming a part of a proven business model with support and resources available when you need them. ANY LAB TEST NOW® provides you multiple systems to support your business efforts.
After the Franchise Agreement is signed, you will be introduced to our Implementation and Onboarding Team. They will guide you through site selection, build-out, establishing accounts with our vendors, sharing best practices in every aspect of the business, and more. They will provide you a detailed Getting Started Guide as reference.
You will also be assigned an ongoing support representative after your Grand Opening. In addition, Any Lab Test Now has category experts available to help you at any time. Specialists are focused on clinical lab testing, toxicology testing, DNA testing, finance, marketing and sales.
We are also the only retail healthcare franchise that offers an optional call center solution. The call center is bi-lingual, and will answer incoming customer calls, answer questions and schedule appointments for your store location. This allows your medical assistants to focus on their customers in the store and reduce labor costs.
Training
Training and education is an integral part of our support system, and is offered in a variety of ways. During the onboarding process, you will gain access to our Training Portal. The training portal includes over 500 active courses, including a brand certification program for medical assistants.
The franchise owner and their first medical assistant will then attend New Franchisee Training, a week-long event at our corporate office in Alpharetta, GA covering the business, operations, lab tests, compliance, customer experience, marketing, and sales. After the Grand Opening, members of our support team will work with you at your location.
Any Lab Test Now provides continuous training and education through webinars, regional meetings, and our franchisee conference.
History
ANY LAB TEST NOW® began offering retail, direct access lab testing in Atlanta, GA in 1992 under the Any Test name and founder Dr. David Perlow. In 2007, Any Test Franchising, Inc., acquired the rights to franchise the Any Lab Test Now concept. Choosing the right franchisees is more important to our organization than growing fast; therefore, our Core Values, created in conjunction with our Franchise Advisory Council, are the guiding star throughout the discovery process.
We make it easy for consumers to take control of their health by empowering them to purchase lab tests with affordable, transparent prices. Common types of customers we serve include:
- People who want to monitor and manage their health;
- Individuals managing a budget with a high deductible or catastrophic medial insurance plan;
- People with Health Savings Accounts (HSAs) and Flexible Spending Accounts (FSAs);
- Consumers who want access to lab tests not covered by their insurance; and
- Individuals who desire confidentiality, convenience or anonymity
We also serve a variety of business industries that provide recurring revenue streams to our franchise owners.
Ideal Candidate
Franchise owners do not need a medical or healthcare background. Alignment with our company's Core Values is a must-Integrity, Accountability, Teamwork, Empowerment, Value and being Proactive.
We are looking for candidates who have the experiences and characteristics we've learned are important to the success of our business model, as well as align with cooperative franchisee relationships. Here is what we look for in Ideal Candidates during the discovery process:
- Leaders
- Sales and growth mindset
- Involved in their community
- Make a great neighbor to other franchise owners
- No fear of working hard
- Passionate about wellness and healthy lifestyles.
- Management, sales or marketing experience and success in hiring and managing people
- Desire for future multi-unit growth
Required Qualifications
Persons interested in becoming an Any Lab Test Now franchise owner must meet the following qualifications:
- Financial Requirements (Minimum For Single Unit)
- Liquid Capital: $90,000
- Net Worth: $300,000
- We require a franchise owner to be a hands-on Owner/Operator with the first unit
- Clean background check
- Strong communication skills