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Updated RecentlyDiscovery Map International vs ARCpoint Labs Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Discovery Map International vs ARCpoint Labs including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $35,950 - $45,950 | $156,250 - $377,725 |
| Franchise Fee | $25,000 | $49,500 |
| Royalty Fee | 10% | 7% |
| Advertising Fee | to1% | 2% |
| Year Founded | 1981 | 2005 |
| Year Franchised | 1993 | 2005 |
| Term Of Agreement | 10 years +5+5 | 10 years |
| Term Of Agreement | 10 years +5+5 | 10 years |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | Business and sales experience is certainly helpful, but a major key to the successful operation of a Discovery Map franchise is the personality of the Franchisee. Are you: * Goal oriented? * People oriented? * Organized and detail oriented? * Adequately financed? | - Strong entrepreneurial spirit - Share our vision of nationwide brand dominance - Previous medical industry experience is not required The financial qualifications to purchase a franchise can vary based on the area where you want to operate. First and foremost, you must have good credit and borrowing capacity. At a minimum, you should have a net worth of $350,000, liquid assets of no less than $50,000, and a credit score above 700. ARCpoint Franchise Group makes available a list of third party resources to assist with financing if needed. |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | -/- | -/Yes |
| Start-up Costs | -/- | -/Yes |
| Equipment | -/- | -/Yes |
| Inventory | -/- | -/Yes |
| Receivables | -/- | -/Yes |
| Payroll | -/- | -/Yes |
Training & Support |
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| Training | A crucial benefit of our Franchise Package is our exceptional Training Program. An initial 4 day comprehensive training session at our headquarters in Waitsfield, VT., and supplemental hands-on training in your map territory give you everything you need to run your new business successfully. | Classroom Training ARCpoint Labs University classroom training takes place over a period of 5 days, Monday through Friday, at corporate headquarters in Greenville, SC. Prior to attending ARCpoint Labs University, you will receive the ARCpoint Labs video training series containing approximately 18 hours of instruction on various drug testing and DNA methodologies. After completing the video training, you will take an online exam and be ready to delve more deeply into industry requirements and regulations once you arrive in Greenville. Training consists of: • Reviewing drugs of abuse and testing methodologies • Identification of target markets, sales techniques and marketing strategies • Completion of DOT compliant training • Introduction to drug testing software • Administration and office procedures • Clinical testing and worksite (corporate) wellness On-Site Lab Training While at corporate headquarters attending ARCpoint Labs University, you will have the opportunity to put your training into action. You will spend time at our affiliate lab (in Greenville, SC) shadowing, performing drug tests and learning proper lab procedures and protocols. ARCpoint Labs Training At Your Location When you’re ready to open your business, an ARCpoint Labs operational team member will visit your lab location for comprehensive operations training to include: • Office configuration and work flow • Document management • Regulatory compliance • ARCpoint Labs established protocols • Best practices On-The-Job Training: 32 hours Classroom Training: 78 hours Additional Training: Online training |
| Support | To ensure the success and growth of your operation, Resort Maps provides assistance with all aspects of running your business, including
Site selection research for the map location Map drawing and design Promotions to prospective advertisers Ongoing public relations and new business development | As an ARCpoint franchisee, you will have the support of a management team with 20 years of experience and expertise in this niche industry. We will support you in territory mapping analysis and site selection, third party financing, lease review, and office design and set up as well as: Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Marketing | - | Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing |
| Operations | - | Number of Employees Required to Run: 2 |
Expansion Plans |
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| US Expansion | Yes | Yes |
| Canada Expansion | Yes | - |
| International Expansion | Yes | - |
Company Overviews
About Discovery Map International
THE DISCOVERY MAP OPPORTUNITY
Discovery Map specializes in a unique advertising-based business system. The demand for our medium continues to rise steadily; by becoming a Discovery Maps Franchisee, you can be part of this exciting and rewarding advertising field. Right now opportunities await qualified individuals to develop single or multiple-map franchises in suitable locations in the United States, Canada, and the United Kingdom. We have over 125 successful maps and are growing faster than ever before.
ENSURING THE BEST CHANCE FOR SUCCESS
Here are some Discovery Map franchise advantages:
* Complete start-up marketing package
* Comprehensive map design and publishing support
* Expert training and ongoing support in operating your business
* Experienced and dedicated corporate staff determined to help you succeed
* Personal and financial benefits of business ownership
* Freedom and flexibility to run the business from your home
* Careful pre-screening of the location by experienced professionals
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