Recession Resistant Drug Testing Service
Asking Price: | $190,000 |
Gross Revenue: | $375,000 |
Rent: | $900 |
Established Year: | 2003 |
Cash Flow: | $56,000 |
Inventory: | $1,000 |
FF&E: | $18,000 |
Recession Resistant
Want to buy a service that always has business, regardless of the economy? Buy a drug testing business, the business that other businesses need to operate legally!
From truck drivers to boat captains, there are plenty of people who are required to be regularly tested for drugs or alcohol. These tests are mandatory and businesses that don't comply are unable to operate. Therefore, the drug testing industry always has some business, so long as other businesses want to keep their licensing.
Right now, need for drug testing is expected to increase by 10-15% in the next few years. This is due to there being an increase in the transportation industry across the United States and because the government is changing the types of testing required, which will likely also cause an increase in random testing.
Furthermore, this business is in a rapidly developing area, with new people and businesses moving in by the droves. As the area grows, so will potential business prospects and eventually gross revenue.
For more information, please fill out the BizBuySell contact form. An automated email will deliver the link to the NDA fifteen minutes after. Please take care not to mistype any information, as that would mean you won't receive the email. We look forward to working with you!