Any Lab Test Now logo

Any Lab Test Now Franchise

Audited Financials
HealthcareEst. 2004Atlanta, GA
www.anylabtestnow.com

Risk Score

Pending analysis

Investment Range

$60,025 - $298,400

Franchise Fee

$5,450

Total US Locations

244

Business Summary

Any Lab Test Now businesses offer direct-to-consumer lab testing services, including the collection of blood, urine, saliva, and other human specimens for analysis. They also administer certain injections and immunizations. These businesses utilize approved lab testing partners for specimen analysis and accept various forms of payment but do not process insurance claims, Medicare, or Medicaid. Any Lab Test Now businesses operate under a uniform system of confidential procedures, standards, and marketing programs.

Corporate History

Any Lab Test Now, LLC was originally incorporated as Any Test Franchising, Inc. on September 20, 2004, in Georgia. The company converted to an LLC and changed its name to Any Test Franchising, LLC on August 16, 2024. The Any Lab Test Now business model was developed similarly to an original business concept by ATPC, a Georgia corporation founded on July 7, 1992, which operates 10 Any Lab Test Now businesses and is owned by one of the franchisor's minority shareholders. Any Test Franchising, LLC itself does not operate Any Lab Test Now businesses, focusing solely on franchising the concept. The franchisor's parent company is Cresso Brands, LLC, which has a complex ownership structure involving ALTN Holdings, LLC, ARCpoint Group LLC, and The Lags Trust. An affiliate, ARCpoint Franchise Group, LLC (AFG), previously offered "AccuDiagnostics" franchises from 2005-2010 and has offered "ARCpoint Labs" franchises, providing similar lab screening services, since 2010.

Financial Overview

Investment Range

$60,025 - $298,400

Franchise Fee (Low)

$5,450

Franchise Fee (High)

$54,500

Royalty %

7%

Marketing %

2%

Equipment Costs (Low)

$6,800

Equipment Costs (High)

$162,600

Working Capital

$26,375

Audited Financials

Yes

Offers Financing

No

Audit Opinion

Unqualified opinion

Financial Health Notes

Any Test Franchising, LLC appears to be in a financially healthy position. The company has maintained positive net income over the past three years, although its profitability has seen a downward trend from $2.4 million in 2022 to $654,734 in 2024. Any Test Franchising, LLC demonstrates strong working capital, indicating its ability to cover short-term debts. However, its cash reserves have significantly decreased, largely due to substantial distributions made to owners. The auditors have not raised any concerns about Any Test Franchising, LLC's ability to continue as a going concern, suggesting overall financial stability.

Financing Details

Any Test Franchising, LLC does not offer any direct or indirect financing to its franchisees. The company also explicitly states that it does not guarantee any franchisee's notes, leases, or other financial obligations. This means that Any Lab Test Now franchisees will need to secure their own funding from external sources, such as banks or other lenders.

Performance Metrics

Total US Locations

244

Franchised Units

237

Corporate Units

7

Avg Square Footage

1,025

Franchising Since

2008

Agreement Terms

Initial Term

10 years

Renewal Term

10 years

Renewal Conditions

To renew their Any Lab Test Now franchise, franchisees must be in good standing, which means complying with their current Franchise Agreement, including all payment obligations. They must also renovate and modernize their business, including its décor, signs, and equipment, to align with the franchisor's then-current image. Franchisees are required to sign a new renewal Franchise Agreement, which may contain materially different terms and conditions. A renewal fee of $10,000 must be paid to Any Lab Test Now at least 30 days before renewal, and franchisees and their owners must execute a general release of claims against the franchisor and its affiliates.

Training & Support Program

Franchisor Assistance

Any Lab Test Now provides comprehensive support to its franchisees both before and after opening. Prior to opening, Any Lab Test Now assists with site selection and analysis, provides general guidance on leasing or purchasing a location, and furnishes standard sample floor layouts and architectural plans for business design approval. Any Lab Test Now also advises on necessary equipment, signs, fixtures, initial inventory, supplies, and the recruitment of a licensed medical provider. Franchisees gain access to a confidential Manual detailing operational standards and procedures. Once open, Any Lab Test Now offers ongoing advisory services via telephone during business hours and may provide field representative visits for additional on-site assistance (which may incur a fee). The franchisor includes franchisee business information on its website and may centralize purchasing to negotiate prices with suppliers. Any Lab Test Now can establish pricing guidelines for products and services. Franchisees participate in periodic regional or national conferences to discuss industry changes, operational techniques, and marketing, for which they pay a registration fee and cover travel expenses. Additionally, Any Lab Test Now supplies various marketing and sales materials, including brochures, web banners, and flyers, and facilitates Pay-per-Click advertising through approved vendors.

Initial Training Hours

39

Training Location

Corporate training center in Atlanta, Georgia

Ongoing Support

Any Lab Test Now franchisees receive continuous support after their business opens. This includes ongoing advisory services via telephone and email during normal business hours, and the option for additional on-site assistance from a field representative (which may involve a fee plus travel expenses). Any Lab Test Now businesses are listed on the franchisor's website, and the franchisor may also implement centralized purchasing and negotiate supplier prices, potentially receiving rebates. Any Lab Test Now can establish pricing guidelines for products and services. Franchisees are required to attend periodic regional or national conferences, covering operational techniques, industry changes, and marketing, for which they pay a registration fee and cover their own travel and lodging. Any Lab Test Now also provides marketing and sales strategies, creative materials, and facilitates Pay-per-Click advertising through designated partners. Additional or refresher training courses may be offered, some mandatory, some optional, possibly incurring fees.

Franchise Requirements

Industry Experience Required

No

Management Experience Required

No

Sales Experience Required

No

Technical Skills Required

No

Operational Details

Location Type

retail

Owner Participation

hands-on

Territory Type

limited

Territory Size Requirements

Any Lab Test Now provides franchisees with a geographic territory around their business. For Stand-Alone Businesses, the territory's population is no less than 110,001, based on the latest US Census/MSA information. For Micro Market Businesses, the territory's population is less than 110,000. These territories may be delineated by boundary streets, highways, counties, or zip codes. For Multi-Unit Development (MUD) Agreements, MUD Areas are determined collaboratively based on market and economic factors, typically encompassing a broad area such as a quadrant of a city.

Staffing Notes

An owner or a manager who has completed Any Lab Test Now's training program must directly supervise and participate in the day-to-day operation of the business. This manager, or owner acting as manager, cannot have an interest or business relationship with any existing or prospective business competitor. Initial training is provided for the owner (or principal owner contact if an entity), the first full-time medical assistant (or phlebotomist), and the manager. Any Lab Test Now's training for employees focuses on service delivery reflecting System standards, and the franchisee remains the sole employer, responsible for all employment decisions and ensuring adequate employee training. If the franchisee is an entity, all officers, directors, partners, shareholders, or members with a 20% or greater interest, plus any manager, must sign a Nondisclosure and Noncompetition Agreement. If an owner's spouse is directly involved in operations, they must also sign this agreement.