ARCpoint Labs Franchise FDD, Costs & Fees (2024)

KEY FRANCHISE STATS

All you need to know about this franchise in a snapshot

Initial franchise fee
$54,500
Investment required
$199,00 - $380,000
Royalty fee
7.00%

ARCpoint Labs: Revolutionizing Diagnostic Testing and Wellness Solutions

ARCpoint Labs is a leading franchise in the health and wellness industry, specializing in diagnostic testing services. Founded in 1998 by Felix Mirando, ARCpoint Labs is headquartered in Greenville, South Carolina. The company began franchising in 2005. 

This franchise offers a broad range of services, including drug and alcohol testing, DNA testing, clinical tests, background screening, and corporate wellness programs. They also provide regulatory compliance services and telehealth options, making it a comprehensive solution for both businesses and individual consumers.

What sets ARCpoint Labs apart from the competition is its dual business-to-business (B2B) and business-to-consumer (B2C) model. This allows franchisees to cater to a wide variety of clients, including employers needing pre-employment testing and individuals seeking personal health insights. 

The franchise benefits from the increasing demand for reliable and accessible health testing services, driven by factors such as rising healthcare costs and the complexity of high-deductible insurance plans.

Initial investment

Here's what you would need to invest if you were to start this franchise. These costs are provided by the franchisor in the Franchise Disclosure Document.

Expenditure Amount (Low) Amount (High)
Initial Franchise Fee $54,500 $54,500
Initial Training Fee $18,500 $18,500
New Owner Support Fee $13,500 $13,500
Initial Technology Fee $3,500 $3,500
Clinical Program Fee $2,500 $2,500
Sales Training Fee $3,000 $3,000
Training Expenses $0 $5,425
Insurance $4,500 $24,495
Professional Fees $4,500 $9,000
Computer Hardware & Software $2,550 $9,800
Site Selection Assistance $0 $2,500
Leasehold Improvements $20,000 $80,000
Testing Equipment $3,600 $30,000
Signage $2,000 $7,000
Furniture, Fixtures & Equipment $500 $8,000
Office Equipment & Supplies $500 $8,000
Initial Inventory $10,750 $22,500
Business Licenses & Permits $100 $2,000
Dues, Subscriptions, and Memberships $300 $3,500
Additional Funds – 6 Months $54,000 $72,000
TOTAL ESTIMATED INITIAL INVESTMENT $198,800 $379,720

Get

more

information

about

ARCpoint Labs

Interested in becoming a franchisee? Get matched with a franchise consultant to discuss your options. For free
Get a free consultation

Number of units

2023
Franchised units

99

108

124

Company-owned units

2

5

4

Total units

101

113

128

Franchise Disclosure Document

Training 

ARCpoint Labs offers a robust training program designed to ensure franchisees have the knowledge and skills necessary to run a successful ARCpoint Labs business. The training is comprehensive and covers various aspects of the business, from operations and management to sales and marketing.

Initial Training Program

The initial training program for new franchisees includes the following components:

  1. Pre-Opening Training:
    • Duration: 1 week
    • Location: Corporate headquarters
    • Content: Introduction to the ARCpoint Labs business model, operational procedures, compliance requirements, and laboratory services. This training ensures that franchisees understand the core aspects of the business before they begin operations.
  2. On-Site Training:
    • Duration: 1 week
    • Location: Franchisee's location
    • Content: Practical training at the franchisee’s site, focusing on setting up the lab, equipment usage, conducting tests, and managing day-to-day operations. This hands-on training helps franchisees apply what they learned during pre-opening training in a real-world setting.
  3. Sales and Marketing Training:
    • Duration: Part of the pre-opening and ongoing training
    • Content: Strategies for local marketing, sales techniques, customer relationship management, and leveraging ARCpoint Labs’ marketing resources. This training is essential for franchisees to effectively promote their services and attract clients.

Ongoing Training and Support

ARCpoint Labs provides continuous training and support to ensure franchisees stay updated with industry standards and best practices.

Territory Protection

ARCpoint Labs franchisees are provided with exclusive territory protection to ensure a secure and competitive business environment. This protection means that no other ARCpoint Labs franchise can operate within a defined geographic area, safeguarding the franchisee’s market share.

The specific boundaries of each territory are determined based on factors such as population density, market potential, and demographic data. Territory protection is a significant advantage for ARCpoint Labs franchisees as it allows them to develop their business without the threat of internal competition.

This exclusivity helps franchisees build strong relationships with local clients and healthcare providers, fostering brand loyalty and repeat business. By guaranteeing a defined territory, ARCpoint Labs supports its franchisees in achieving long-term growth and profitability.

Similar franchises

Health Mart Pharmacy Franchise FDD, Costs & Fees (2024)

Health Mart Pharmacy

Investment required
$2,470 - $674,000
The Joint Chiropractic Franchise FDD, Costs & Fees (2024)

The Joint Chiropractic

Investment required
$215,000 - $479,000
OsteoStrong Franchise FDD, Costs & Fees (2024)

OsteoStrong

Investment required
$276,000 - $616,000
The DripBar Franchise FDD, Costs & Fees (2024)

The DripBar

Investment required
$142,000 - $405,000