What do you want your life to look like?
What types of people do you want to surround yourself with? And how are you going to find deeper meaning and purpose in what you do?
“To provide our franchisees with the tools, operational support and resources equipping them to meet their personal, professional, and financial goals.”
At ARCpoint, we understand that buying into a franchise system is more than a new job. It is a new way of life. Our team of dedicated staff members works hard to ensure that once you are a part of the ARCpoint family, you have the support to meet all of your goals.
ARCpoint Labs is a leader and a game changer in our industry. In fact, we are proud to be ranked the #1 franchise in laboratory services in the country by Entrepreneur Magazine. From the beginning, we have been a leader in drug and alcohol screening. Now, with our expansion and growth in the health and wellness space, we are well positioned to change the way patients and physicians receive their diagnostic testing.
Four Pillars of Business
The expansion of ARCpoint’s business model to include increased offerings in the clinical diagnostics space has provided the platform for exponential growth. We focus on four distinct business segments, or pillars; Employer Solutions, Legal and Judicial Solutions, Physician Solutions and Individual Solutions.
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The expansion of ARCpoint’s business model to include increased offerings in the clinical diagnostics space has provided the platform for exponential growth.
Rising healthcare cost and increasing complexity in insurance reimbursement has led to fragmentation in the clinical diagnostics market. More Americans than ever are faced with high deductible healthcare plans and skyrocketing out-of-pocket expenses for routine blood work at their physician’s office. With nationally negotiated rates and up-front pricing, ARCpoint is now poised to help consumers and their physicians to navigate the challenges of rising costs for diagnostic testing by providing cost-effective access to these tests outside the typical insurance channels through our nationally negotiated direct access pricing.
The American Clinical Laboratory Association estimates that 70 percent of medical decisions are based on lab tests, resulting in a diagnostic testing market that was valued at $51.2 billion in 2015 and is expected to reach $62.9 billion by 2024.
Multiple Profit Centers
ARCpoint has continued to be an industry leader with its unique and comprehensive suite of service offerings and multiple target markets. Our unique model offers solutions for both the business-to-business market and direct-to-consumer solutions, giving you multiple channels to profitability.
Take Control of Your Schedule
Our facilities typically operate only 5–6 days a week during standard business hours and require only a few employees to operate. Enjoy what’s most important to you in life while still having time to focus on being a business owner, such as generating leads and growing your business.
High Margins/Residual Income
The ARCpoint product mix offers solutions with profit margins ranging from 45 up to 100 percent, and the business-to-business solutions we provide are residual in nature, as our clients continue to onboard new employees and implement ongoing random and “for cause” testing.
Additionally, our physician-based solutions provide an ongoing stream of referral business for new and existing patients as well as repeat and follow-up testing.
Meeting a Need in Your Community
More than 80 percent of American employers conduct pre-employment testing, and many of these companies also require ongoing randomized testing or federally mandated testing. Yet no single national brand is dedicated to drug and alcohol testing for this market.
At the same time, healthcare costs continue to rise, and more and more families find themselves facing large deductibles.
ARCpoint is revolutionizing the way Americans receive healthcare diagnostics.
With our direct-access model, health and wellness–conscious consumers and business owners can take control of their health and the safety of their workplace with self-directed testing and clear, up-front pricing.
- A minimum net worth of $350K
- Liquidity of $75K (stocks, 401K, cash, etc.)
- A personal credit score above 710
- No personal or business bankruptcies within the last 5 years
- Strong communicator who relates well to others
- A desire to build strong relationships with customers
- The potential to manage a small group (two to four) of employees
- Focus on training and motivating to create operational efficiency
After 20+ years in the corporate world I wanted to take my experience and do something on my own. I spent an entire year looking at different start-up opportunities, franchises, and existing businesses I could purchase, and in the end I decided to purchase an ARCpoint franchise resale (3 territories). I knew very little about the lab testing business at that point, but I saw both the business potential, as well as, the potential to do good in the world by making my community a better and safer place. Two years later I am a local expert in this business and have created a profitable operation with my first two labs. I love running my own business and I appreciate the support I’ve received from both the franchise HQ as well as other franchisees.”
– Taylor Collyer, ARCpoint Labs of West Seattle Bridge, Wisconsin (since 2011)
“I was looking for a franchise opportunity and really, I had no knowledge of the drug and alcohol or DNA testing industry… but I felt that I was well suited for sales and business development. The staff at ARCpoint Franchise Group has helped get me trained and launched to be successful. And they also give me the latitude I desire to have a local, personal footprint on my business.”
– Jeff Howard, ARCpoint Labs of Salem, Virginia (since 2013)
“I thoroughly enjoy being able to have a hand in all aspects of a project and knew when I opened my own business, I wanted to focus on business-to-business, not retail. When looking into franchising, opportunities in the growing medical field jumped out at me because it’s a lucrative industry with small niche segment opportunities in a much larger market. Beyond that, the business offers 9 a.m. to 5 p.m. hours and allows me to spend the weekend with my family. ARCpoint allows me to use my marketing expertise to grow my business and I hope to use that skill to build relationships within the community.”
– Gauri Bhalakia, ARCpoint Labs of Southboro-Framingham, Massachusetts (since 2016)
“Tony and I decided to purchase a franchise with ARCpoint Labs because we felt this was an industry with tremendous growth opportunities to serve the needs of companies and individuals regarding Drug, Alcohol and DNA testing. We also looked to find an industry and business opportunity that would benefit our local community. One of the many benefits of being affiliated with a national franchise network is the support and expertise of our Corporate office and other franchise owners within our National Franchise Network. We are very pleased with our decision to open our ARCpoint Labs office/lab and we look forward to growing our business and opening another location soon.”
– Theresa Oliver, ARCpoint Labs of Santa Fe Springs. California (since 2015)
Get Started On Your Lab Today
(1)Dark Daily. (January 20, 2017). Consumers Increasingly Purchase Medical Laboratory Self-Test Kits for Blood Glucose, Cholesterol, and Colon Cancer Screening, according to Consumer Reports: Dark Daily. Retrieved from https://www.darkdaily.com/consumers-increasingly-purchase-medical-laboratory-self-test-kits-for-blood-glucose-cholesterol-and-colon-cancer-screening-according-to-consumer-reports-12017
(2) Quest Diagnostics. (October 2014) 70% of Medical Decisions are Based on Lab Results.: Hospital Lab Management. Retireved from http://www.questdiagnostics.com/dms/Documents/PLS/35841-FIN-WP-Hospital_Lab_Management-WP4289.pdf
(3) Transparency Market Research. (January 28, 2014). Drugs of Abuse Testing Market is Expected to Reach USD 3.4 Billion Globally in 2018: Transparency Market Research.
Retrieved from http://www.prnewswire.com/news-releases/drugs-of-abuse-testing-market-is-expected-to-reach-usd-34-billion-globally-in-2018-transparencymarket-research-242361771.html.