Nationwide 3rd Party Administrator of Drug Testing Programs.

Seller Financing Available

3rd Party Admin
Asking Price:$3,200,000
Gross Revenue:$3,265,000
Rent:$48,000/Year
Established Year:2001
Cash Flow:$574,000
Inventory:$15,000
FF&E:$50,000
BUSINESS DESCRIPTION

Growing 3rd Party Administrator of Drug and Alcohol Testing

This company implements and manages drug-free workplace programs and professional program monitoring to simplify the testing process, and to ensure regulatory compliance. Details include: Complete DOT Compliance, Drug Free Workplace management, and Professional Recovery Program monitoring. Their goal is to provide complete solutions for substance abuse testing.


DETAILED INFORMATION
Inventory
Included in asking price
Real Estate
Leased
Building SF
5,000
Lease Expiration
01/01/2027
Employees
9
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
5,000 square foot facility. Very strong and competitive lease in place. Has been in its current location for close to 20 years.
Competition
Normal competition within the marketplace currently.
Growth & Expansion
Opportunities for additional sales positions. No active marketing or selling is taking place currently.
Support & Training
Ownership willing to provide both immediate and extended training and transition periods.
Reason for Selling
Retirement
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Jeff
Brasher
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Jeff Brasher