Franchise Deep Dive: Any Lab Test Now Franchise Costs, Fees, Profit and Data
With over 230 locations, this brand has grown into the largest lab testing franchise in the U.S. by delivering accessible options to consumers who value control over their health care decisions.
LAST UPDATED: September 2024
FRANCHISE WEBSITE: https://www.anylabtestnow.com/franchise/
NUMBER OF LOCATIONS: 230+
REPORTED COST TO GET IN: $166,900 - $293,900
REPORTED ROI (Item 19): N/A
Any Lab Test Now provides comprehensive lab testing services ranging from clinical tests to DNA and drug testing.
How Many Any Lab Test Now Locations Are There?
Any Lab Test Now was founded in 1992 with the goal of providing direct access to affordable lab testing services. The brand began franchising in 2007 and over the years, it has refined its business model to create a simple, accessible and comprehensive approach to retail health care.
Today, with over 230 locations across the U.S., Any Lab Test Now has become the largest retail lab testing franchise in the country, offering a wide range of clinical, DNA and drug testing services. The brand recently announced it has become the first franchise system to join CRESSO Brands.
What Is Any Lab Test Now’s Business Model?
Any Lab Test Now operates a retail storefront business model where customers can access lab testing services directly without needing a doctor’s order. Franchisees benefit from a recurring revenue model, offering services to both B2C and B2B customers. The brand partners with top-quality laboratories across the country to deliver a wide range of lab tests, including clinical, DNA and drug testing. Customers appreciate the convenience of quick visits and results, typically available within 24-48 hours.
Franchisees do not need a medical or health care background, making this an accessible opportunity for community-focused entrepreneurs with a growth mindset. The business model emphasizes minimal inventory costs and a lean operational structure.
How Much Can Any Lab Test Now Franchise Owners Make?
Any Lab Test Now does not publicly disclose earnings for franchise owners. However, with a growing demand for direct lab testing services and the steady expansion of the health care industry, the brand offers strong potential for profitability, particularly through its recurring revenue model.
How Much Does It Cost to Open an Any Lab Test Now Franchise?
The investment required to open an Any Lab Test Now franchise ranges from $166,900 to $293,900 for a single unit store location, which includes the franchise fee. For micro-market units, the investment range is $57,775 to $230,275.
What Is the Franchise Fee for Any Lab Test Now?
The franchise fee for a single unit is $54,500. Franchisees are required to pay a 7% royalty fee on gross revenue, with a minimum of $500 per month. The brand also requires a 2% National Marketing Fee.
Who’s On Any Lab Test Now’s Leadership Team?
- Clarissa Windham-Bradstock — Chief Executive Officer
- Ekan Essien, MD, MPH — Medical Director
- Terri L. McCulloch — Vice President of Business Development
- Kelly Crompvoets — Vice President of Marketing
What Helpful Articles Can I Read to Learn More About Any Lab Test Now?
- ANY LAB TEST NOW Signs on as First Franchise System to Join CRESSO Brands
- ANY LAB TEST NOW AND ARCPOINT CREATE LARGEST FRANCHISE
- ANY LAB TEST NOW Owner Crowned a Rock Star by Franchise Business Review
Want to learn more about franchise opportunities on 1851 Franchise? Be sure to visit our Power Rankings to read more on brands making moves.
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Every great franchisee had help buying a franchise. Want to learn more about how 1851 helps franchisees find the right franchise opportunity? Visit www.1851growthclub.com and start your journey.
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