ARCpoint Labs vs Relocation Strategies Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of ARCpoint Labs vs Relocation Strategies including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
ARCpoint Labs Franchise
Relocation Strategies Franchise
Investment $156,250 - $377,725$62,500 - $88,200
Franchise Fee $49,500$52,000 - $68,000
Royalty Fee 7%3%-6%
Advertising Fee 2%-
Year Founded 20051993
Year Franchised 20052001
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee --


Business Experience Requirements
 
ARCpoint Labs Franchise
Relocation Strategies Franchise
Experience - 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
 
ARCpoint Labs Franchise
Relocation Strategies Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/YesYes/Yes
Start-up Costs -/Yes-/-
Equipment -/Yes-/-
Inventory -/Yes-/-
Receivables -/Yes-/-
Payroll -/Yes-/-

Training & Support
 
ARCpoint Labs Franchise
Relocation Strategies Franchise
Training 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 On-The-Job Training: 50 hours Classroom Training: 50 hours Additional Training: At client/prospect offices
Support 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 Purchasing Co-ops Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Proprietary Software Franchisee Intranet Platform
Marketing Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Co-op Advertising Ad Templates National Media Regional Advertising Social media Website development Email marketing
Operations Number of Employees Required to Run: 2Number of Employees Required to Run: 2 - 5

Expansion Plans
 
ARCpoint Labs Franchise
Relocation Strategies Franchise
US Expansion YesYes
Canada Expansion --
International Expansion --

Company Overviews

About ARCpoint Labs

ARCpoint specializes in affordable Drug, Alcohol, DNA, Steroid, Background Screening and Preventive Care Wellness Testing. This multi-billion dollar testing industry continues to experience strong growth; encompassing all areas of business, government, judicial agencies, school systems, businesses and consumers. Preventive care and corporate wellness programs are the new trend in today's society. Consumers want to be better informed about their health and are looking for affordable alternatives without a physicians order. Corporations are being proactive with employee wellness programs as industry studies are proving a substantial Return on Investment with future claim expenses and costs. Companies are requiring wellness screens in order to better assess corporate insurance premiums. As we continue to expand, we're seeking franchise partners who possess a strong entrepreneurial spirit, that share our vision for achieving nationwide brand dominance in a proven system. Previous medical industry experience is not required to become an ARCpoint franchise owner.

The total investment necessary to begin operation of one ARCpoint Labs Business ranges from $156,250 to $251,425, including $83,100 - $88,300 which must be paid to the franchisor or its affiliates. This includes an initial franchise fee of $49,500, $24,500 of which is attributable to the online operations of your ARCpoint Labs Business, and $24,500 of which is attributable to the lab operations of your ARCpoint Labs Business from an approved location.
The total investment necessary to begin operation of 2-4 outlets under a Multi-Franchise Addendum ranges from $200,850 to $377,725. This includes $137,700 to $237,300 that must be paid to the franchisor or affiliate. Additional territories may be purchased, upon the franchisor’s approval, for $34,900 each.
Veteran Incentives  $5,000 off training fee

About Relocation Strategies

If you’re not just looking for another quick-serve restaurant or home repair business model, then Relocation Strategies could be the franchise for you! Relocation Strategies has worked with more Fortune 500 companies than any other independent project consulting firm in the United States!
Relocation Strategies was founded in 1994 to provide corporate entities and privately owned businesses with a viable option to manage and coordinate the immense task of relocation of office, industrial, medical and manufacturing locations. Our business model has proven successful and necessary time and time again for companies both large and small. RSI’s service offerings have taken our business not only all over the country, but also around the world to provide quality move management and relocation consulting services. Therefore, Relocation Strategies has developed a network of franchise locations to better serve the needs of the local corporations and businesses across multiple territories. Our goal is to continue to build a strong family of franchise locations that will provide bilateral support and referrals in order to corner this incredibly profitable and niche market, which as of today is virtually untapped! As a new franchisee, you’ll not only be the owner of your own business with tremendous potential, but you will also be part of the national Relocation Strategies network; providing revenue opportunities across the United States. You are affiliating yourself with a successful business with a long standing history and strong service reputation. Additionally, you will share the following advantages:

Veteran Incentives  Varies