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LabXpress
LabXpress is medical testing laboratory chain with a reputation for fast, high-quality testing, great customer service, and reasonable prices. LabXpress facilities offer more than 6,000 tests performed by skilled and experienced staff members at convenient locations and quick results. LabXpress is franchising locations across the United States. Customer service is the backbone of LabXpress’s spreading success and expansion to small and large communities in need of fast, accurate and friendly lab testing services. More about the cost of owning a LabExpress franchise below.
Facts & figures
A LabXpress franchise offers the benefits of owning and operating a business with a company that has compiled years of valuable experience and knowledge in the medical lab testing industry, and has cornered a lucrative market with a unique niche in a multibillion, high-margin, high-growth industry. A LabXpress franchisee is provided with all the technical training and support necessary to assure business success. The company seeks franchisees who are dedicated business people, not necessarily experts medical testing, but passionate about operating a successful business.
LabXpress Franchise Opportunities – History
LabXpress has been providing clinical laboratory testing since 1989, when the company was founded by Scott Farrell with the goal of providing low-income individuals with medical testing services, as an alternative to high-priced facilities with long wait times. LabXpress serves customers in an average five-minute wait time. Since LabXpress first opened in Arizona, it has expanded through franchising, since 1009, to Connecticut, Nevada, Texas and other locales.
What Does A LabXpress Franchise Cost?
LabXpress is offering Area Development opportunities for franchisees. The Area Development franchise fee is $180,000, and the total investment ranges from $792,000 to $1.12 million, with minimum liquid capital available of $1 million.
LabXpress Franchise Business Opportunities: Other Information
One aspect that accounts for the success of LabXpress and the service’s strong appeal to customers is its quick turnaround time on tests. Instead of visiting a doctor and having tests done only to wait 10 days for the test results, LabXpress, with a laboratory in each location, typically turns around test results in a matter of hours, often on the same day the test is performed.
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