ARCpoint Labs Franchise Prices, Charges, Revenues, Income (2023 Assessment)
10 min read
On this unique Franchise Chatter FDD Discuss submit, you’ll study the next:
Part I – Estimated preliminary funding (franchise prices) for an ARCpoint Labs franchise, primarily based on Merchandise 7 of the corporate’s 2023 FDD
Part II – Preliminary franchise charge, royalty charge, and advertising and marketing charge for an ARCpoint Labs franchise, primarily based on Objects 5 and 6 of the corporate’s 2023 FDD
Part III – Variety of franchised and company-owned ARCpoint Labs retailers firstly of the 12 months and the tip of the 12 months for 2020, 2021, and 2022, primarily based on Merchandise 20 of the corporate’s 2023 FDD
Part IV – Information updates on the ARCpoint Labs franchise alternative
Part V – Presentation and evaluation of ARCpoint Labs’ monetary efficiency representations (common revenues and/or income), primarily based on Merchandise 19 of the corporate’s 2023 FDD, together with data on the:
- 2022 common, median, highest, and lowest product sales for the highest 20%, center 60%, and backside 20% of the 62 franchised ARCpoint Labs companies that: (a) reported this information for every of the 12 months within the interval from January 1, 2022 to December 31, 2022; and (b) had been in enterprise 24 months or extra as of December 31, 2022
- 2022 common, median, highest, and lowest product sales for the highest 20%, center 60%, and backside 20% of the 15 franchised ARCpoint Labs companies that: (a) reported this information for every of the 12 months within the interval from January 1, 2022 to December 31, 2022; and (b) had been in enterprise for between 12 and 24 months as of December 31, 2022
- 2022 common, median, highest, and lowest scientific gross sales for the highest 20%, center 60%, and backside 20% of the 59 franchised ARCpoint Labs companies that: (a) reported COVID-test associated scientific gross sales information for every of the 12 months within the interval from January 1, 2022 to December 31, 2022; and (b) had been in enterprise 12 months or extra as of December 31, 2022
- 2022 common product sales, price of products bought, gross revenue, basic and administrative bills, and internet working earnings for the 77 franchised ARCpoint Labs Companies that: (a) reported this information for every of the 12 months within the interval from January 1, 2022 to December 31, 2022; and (b) had been in enterprise for between 12 and 24 months, or 24 months or extra as of December 31, 2022
- 2022 common product sales by checks and providers supplied by the 77 franchised ARCpoint Labs Companies that: (a) reported this information for every of the 12 months within the interval from January 1, 2022 to December 31, 2022; and (b) had been in enterprise 12 months or extra as of December 31, 2022
Part VI – Key ratios, comparables, computations, and analyses for the ARCpoint Labs franchise alternative (unique content material for Platinum subscribers)
Part I – ARCpoint Labs Franchise Prices
- ARCpoint Labs franchise prices, primarily based on Merchandise 7 of the corporate’s 2023 FDD:
- Preliminary Franchise Price: $54,500
- Preliminary Coaching Price: $18,500
- New Proprietor Assist Price: $13,500
- Preliminary Expertise Price: $3,500
- Scientific Program Price: $2,500
- Gross sales Coaching Price: $3,000
- Coaching Bills: $0 to $5,425
- Insurance coverage: $4,500 to $24,495
- Skilled Charges: $4,500 to $9,000
- Pc {Hardware} and Software program: $2,550 to $9,800
- Web site Choice Help: $0 to $2,500
- Leasehold Enhancements: $20,000 to $80,000
- Testing Gear: $3,600 to $30,000
- Signage: $2,000 to $7,000
- Furnishings, Fixtures, and Gear: $500 to $8,000
- Workplace Gear and Provides: $500 to $8,000
- Preliminary Stock: $10,750 to $22,500
- Enterprise Licenses and Permits: $100 to $2,000
- Dues, Subscriptions, and Memberships: $300 to $3,500
- Further Funds – 6 Months: $54,000 to $72,000
- Whole Estimated ARCpoint Labs Franchise Prices: $198,800 to $379,720
Part II – ARCpoint Labs’ Preliminary Franchise Price, Royalty Price, and Advertising and marketing Price
- ARCpoint Labs’ preliminary franchise charge, royalty charge, and advertising and marketing charge, primarily based on Objects 5 and 6 of the corporate’s 2023 FDD:
- Preliminary Franchise Price: $54,500
- Royalty: the better of seven% (“Royalty”) of previous month-to-month Gross Gross sales or $350 monthly (“Minimal Royalty”)
- Model Fund Contribution: the better of two% of your month-to-month Gross Gross sales (“Model Fund Contribution”) or $100 monthly (“Minimal Model Fund Contribution”)
- Native Promoting Requirement Compliance Price: the distinction between the quantity you spent on native promoting every year and your required native promoting expenditure ($6,000 in first 3 months after commencing Lab Operations; $9,000 in subsequent 9 months, for a complete of $15,000 for the primary 12 months; the better of three% of your Gross Gross sales per 12-month interval, or $9,000 per 12 months thereafter)
Part III – Variety of Franchised and Firm-Owned ARCpoint Labs Shops
Franchised
2020
- Shops on the Begin of the Yr: 93
- Shops on the Finish of the Yr: 99
- Web Change: +6
2021
- Shops on the Begin of the Yr: 99
- Shops on the Finish of the Yr: 108
- Web Change: +9
2022
- Shops on the Begin of the Yr: 108
- Shops on the Finish of the Yr: 126
- Web Change: +18
Firm-Owned
2020
- Shops on the Begin of the Yr: 2
- Shops on the Finish of the Yr: 2
- Web Change: 0
2021
- Shops on the Begin of the Yr: 2
- Shops on the Finish of the Yr: 5
- Web Change: +3
2022
- Shops on the Begin of the Yr: 5
- Shops on the Finish of the Yr: 5
- Web Change: 0
Part IV – Information Updates on the ARCpoint Labs Franchise
Part V – Monetary Efficiency Representations (Common Revenues and/or Income) for the ARCpoint Labs Franchise (Merchandise 19, 2022 FDD)
- As of December 31, 2022, ARCpoint Labs had 126 franchised and 5 affiliate-owned ARCpoint Labs Companies. The information under solely applies to the franchisee-owned ARCpoint Labs Companies.
Half 1A – 2022 Gross Gross sales Evaluation for the Interval from January 1, 2022 to December 31, 2022
- The Gross Gross sales information represented under is predicated upon the enterprise data and monetary statements ready by the 62 ARCpoint Labs Companies that: (a) reported this information for every of the 12 months within the interval from January 1, 2022 to December 31, 2022; and (b) had been in enterprise 24 months or extra as of December 31, 2022.
- Of the 62 ARCpoint Labs Companies represented within the following desk, Gross Gross sales ranged from $56,976 to $4,511,492.
High 20%
- Variety of Franchisee Areas Whose Gross Gross sales Had been Inside Every Vary: 12
- Low Gross Gross sales: $1,188,749
- Excessive Gross Gross sales: $4,511,492
- Common Gross Gross sales: $1,924,707
- Median Gross Gross sales: $1,643,356
- Quantity and Share of Franchisee Areas That Attained or Surpassed the Common: 4 (33%)
Center 60%
- Variety of Franchisee Areas Whose Gross Gross sales Had been Inside Every Vary: 38
- Low Gross Gross sales: $215,935
- Excessive Gross Gross sales: $1,158,553
- Common Gross Gross sales: $572,180
- Median Gross Gross sales: $497,464
- Quantity and Share of Franchisee Areas That Attained or Surpassed the Common: 17 (45%)
Backside 20%
- Variety of Franchisee Areas Whose Gross Gross sales Had been Inside Every Vary: 12
- Low Gross Gross sales: $56,976
- Excessive Gross Gross sales: $206,270
- Common Gross Gross sales: $135,046
- Median Gross Gross sales: $135,981
- Quantity and Share of Franchisee Areas That Attained or Surpassed the Common: 6 (50%)
- The High 20% of those ARCpoint Labs Companies averaged $1,924,707 in Gross Gross sales, the Center 60% averaged $572,180, and the Backside 20% averaged $135,046.
Half 1B – 2022 Gross Gross sales Evaluation for the Interval from January 1, 2022 to December 31, 2022
- The Gross Gross sales information represented under is predicated upon the enterprise data and monetary statements ready by the 15 ARCpoint Labs Companies that: (a) reported this information for every of the 12 months within the interval from January 1, 2022 to December 31, 2022; and (b) had been in enterprise for between 12 and 24 months as of December 31, 2022.
- Of the 15 ARCpoint Labs Companies represented within the following desk, Gross Gross sales ranged from $46,720 to $728,859.
High 20%
- Variety of Franchisee Areas Whose Gross Gross sales Had been Inside Every Vary: 3
- Low Gross Gross sales: $463,165
- Excessive Gross Gross sales: $728,859
- Common Gross Gross sales: $580,748
- Median Gross Gross sales: $550,220
- Quantity and Share of Franchisee Areas That Attained or Surpassed the Common: 1 (33%)
Center 60%
- Variety of Franchisee Areas Whose Gross Gross sales Had been Inside Every Vary: 9
- Low Gross Gross sales: $127,027
- Excessive Gross Gross sales: $241,437
- Common Gross Gross sales: $187,565
- Median Gross Gross sales: $190,173
- Quantity and Share of Franchisee Areas That Attained or Surpassed the Common: 5 (56%)
Backside 20%
- Variety of Franchisee Areas Whose Gross Gross sales Had been Inside Every Vary: 3
- Low Gross Gross sales: $46,720
- Excessive Gross Gross sales: $111,152
- Common Gross Gross sales: $88,027
- Median Gross Gross sales: $106,210
- Quantity and Share of Franchisee Areas That Attained or Surpassed the Common: 2 (67%)
- The High 20% of ARCpoint Labs Companies averaged $580,748 in Gross Gross sales, the Center 60% averaged $187,565, and the Backside 20% averaged $88,027.
Half 2 – 2022 Scientific Program Gross sales Evaluation for the Interval from January 1, 2022 to December 31, 2022
- The Scientific Program gross sales information represented under is predicated upon the enterprise data and monetary statements ready by the 59 ARCpoint Labs Companies that: (a) reported COVID-test associated scientific gross sales information for every of the 12 months within the interval from January 1, 2022 to December 31, 2022; and (b) had been in enterprise 12 months or extra as of December 31, 2022.
- Of the 59 ARCpoint Labs Companies represented within the following desk, Scientific Program gross sales ranged from ($996) to $3,900,755.
High 20% Scientific Gross sales
- Variety of Franchisee Areas Whose Scientific Gross sales Had been Inside Every Vary: 12
- Low Scientific Gross sales: $601,576
- Excessive Scientific Gross sales: $3,900,755
- Common Scientific Gross sales: $1,261,708
- Median Scientific Gross sales: $1,076,232
- Quantity and Share of Franchisee Areas That Attained or Surpassed the Common: 5 (42%)
Center 60% Scientific Gross sales
- Variety of Franchisee Areas Whose Scientific Gross sales Had been Inside Every Vary: 35
- Low Scientific Gross sales: $32,431
- Excessive Scientific Gross sales: $567,596
- Common Scientific Gross sales: $218,663
- Median Scientific Gross sales: $155,144
- Quantity and Share of Franchisee Areas That Attained or Surpassed the Common: 14 (40%)
Backside 20% Scientific Gross sales
- Variety of Franchisee Areas Whose Scientific Gross sales Had been Inside Every Vary: 12
- Low Scientific Gross sales: -$996
- Excessive Scientific Gross sales: $19,368
- Common Scientific Gross sales: $6,945
- Median Scientific Gross sales: $5,989
- Quantity and Share of Franchisee Areas That Attained or Surpassed the Common: 6 (50%)
- The High 20% of those ARCpoint Labs Companies averaged $1,261,708 in Scientific Program gross sales, the Center 60% averaged $218,663, and the Backside 20% averaged $6,945.
- Scientific Program gross sales embrace Gross Gross sales from a wide range of scientific services along with COVID-related scientific providers. Nevertheless, in the course of the interval mirrored herein from January 1, 2022 to December 31, 2022, COVID-related testing constitutes greater than 85% of Scientific Program gross sales.
- Outcomes above exclude Scientific Program gross sales from labs operated by the franchisor’s associates ACL and ODS and their respective subsidiaries.
Half 3 – 2022 Web Working Earnings Evaluation for the Interval from January 1, 2022 to December 31, 2022
- The Web Working Earnings information represented under is predicated upon the enterprise data and monetary statements ready by the 77 ARCpoint Labs Companies that: (a) reported this information for every of the 12 months within the interval from January 1, 2022 to December 31, 2022; and (b) had been in enterprise for between 12 and 24 months, or 24 months or extra (as indicated under) as of December 31, 2022.
- Set forth on this desk is a comparability desk of Gross Gross sales and sure bills for ARCpoint Labs Companies which have been open for between 12 and 24 months and people which have been open better than or equal to 24 months as of the 12 months ending December 31, 2022.
Open 12-24 Months (Common)
- Gross Gross sales: $246,294 (100.0%)
- Price of Items Bought: $36,031 (14.6%)
- Gross Revenue: $210,263 (85.4%)
- Basic and Administrative Bills: $235,153 (95.5%)
- Web Working Earnings: -$24,890 (-10.1%)
Open ≥ 24 Months (Common)
- Gross Gross sales: $749,353 (100.0%)
- Price of Items Bought: $139,834 (18.7%)
- Gross Revenue: $609,519 (81.3%)
- Basic and Administrative Bills: $438,630 (58.5%)
- Web Working Earnings: $170,889 (22.8%)
Half 4 – 2022 Common Gross Gross sales by Assessments and Providers Offered by the Reporting Group
- The information represented under is predicated upon the enterprise data and monetary statements ready by the 77 ARCpoint Labs Companies that: (a) reported this information for every of the 12 months within the interval from January 1, 2022 to December 31, 2022; and (b) had been in enterprise 12 months or extra as of December 31, 2022.
- The next desk reveals the typical Gross Gross sales per Territory per product/service sort bought that had been reported in 2022 by these ARCpoint Labs Companies.
- Outcomes under don’t embrace information from labs operated by the franchisor’s associates ACL and ODS and their respective subsidiaries.
- High 20% performers have the next mixture of scientific testing and non-traditional testing modalities comparable to oral fluid, hair, and nail testing that are inclined to have larger gross margin than the standard urine testing.
- Assortment for TPA Accounts makes up simply 13% of the Gross Gross sales for the highest 20% performers and center 60% performers, whereas it makes up 27% for the underside 20% performers.
High 20% by Gross Gross sales
- Background Checks: $7,525
- Scientific Testing: $943,100
- Finger Printing: $2,421
- On-Web site/After Hours: $33,534
- Physicals: $4,905
- TPA Assortment and Different: $163,975
- Price for Service Miscellaneous: $1,160,299
- Whole Price for Service Earnings: $1,108,735
- Breath Alcohol Check: $3,859
- DNA Paternity/Immigration: $8,467
- Urine – Mixed: $55,469
- Income Assessments – Different and Hair/Nail/Saliva: $228,948
- Income Assessments Miscellaneous: $71,315
- Whole Income Assessments: $368,058
- Different Miscellaneous: $208,896
- Whole Gross Gross sales: $1,685,689
Center 60% by Gross Gross sales
- Background Checks: $4,991 (1.1%)
- Scientific Testing: $218,680 (47.7%)
- Finger Printing: $2,373 (0.5%)
- On-Web site/After Hours: $11,420 (2.5%)
- Physicals: $1,146 (0.3%)
- TPA Assortment and Different: $103,905 (22.7%)
- Price for Service Miscellaneous: $347,686 (75.9%)
- Whole Price for Service Earnings: $342,032 (74.6%)
- Breath Alcohol Check: $1,735 (0.4%)
- DNA Paternity/Immigration: $10,584 (2.3%)
- Urine – Mixed: $27,712 (6.0%)
- Income Assessments – Different and Hair/Nail/Saliva: $45,099 (9.8%)
- Income Assessments Miscellaneous: $5,373 (1.2%)
- Whole Income Assessments: $90,503 (19.7%)
- Different Miscellaneous: $25,722 (5.6%)
- Whole Gross Gross sales: $458,257 (100.0%)
Backside 20% by Gross Gross sales
- Background Checks: $523
- Scientific Testing: $31,537
- Finger Printing: $114
- On-Web site/After Hours: $1,980
- Physicals: $916
- TPA Assortment and Different: $25,982
- Price for Service Miscellaneous: $61,939
- Whole Price for Service Earnings: $102,473
- Breath Alcohol Check: $1,909
- DNA Paternity/Immigration: $5,106
- Urine – Mixed: $11,101
- Income Assessments – Different and Hair/Nail/Saliva: $43,060
- Income Assessments Miscellaneous: $1,089
- Whole Income Assessments: $62,265
- Different Miscellaneous: $5,581
- Whole Gross Gross sales: $170,319
Part VI – ARCpoint Labs Franchise Ratios, Comparables, Computations, and Analyses (Unique Content material for Platinum Subscribers) ⬇️
To Entry the Remainder of This Article and Different Premium, Earnings-Enhancing Content material, Subscribe Now or Log In.
Achieve the Insider Data (and Precise Earnings Knowledge) You Must Make a Secure and Good Franchise Funding. Click on Right here to Study Extra.
Achieve
the Insider Data (and Precise Earnings Knowledge) You Must Make a
Secure and Good Franchise Funding – See extra at:
https://www.franchisechatter.com/register/#sthash.le7wKJKM.dpuf
