ARCpoint Labs vs M3Linked Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of ARCpoint Labs vs M3Linked including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$156,250 - $377,725 | $80,245 - $197,645 |
Franchise Fee |
$49,500 | $67,500 - $80,000 |
Royalty Fee |
7% | - |
Advertising Fee |
2% | - |
Year Founded |
2005 | 2018 |
Year Franchised |
2005 | 2020 |
Term Of Agreement |
10 years | - |
Term Of Agreement |
10 years | - |
Renewal Fee |
- | - |
Business Experience Requirements |
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 |
|
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 |
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
| - |
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
| - |
Marketing |
Ad Templates
National Media
Regional Advertising
Social media
SEO
Website development
Email marketing
| - |
Operations |
Number of Employees Required to Run: 2 | - |
Expansion Plans |
US Expansion |
Yes | Yes |
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 M3Linked
M3Linked was founded in 2013 in Phoenix, Arizona as Eliances and
quickly grew to over a thousand members with more than 300 weekly
experiences, hundreds-of-millions-of-dollars in business ventures
generated, with robust professional and personal relationships developed
along the way. Since 2019 M3Linked™ has been taking that winning
formula and scaling it for National expansion so that entrepreneurs
around the country have the same opportunity to get involved with these
communities. M3Linked™ allows you to Connect, Energize and Grow by
cultivating and deepening key relationships, developing targeted
alliances of business communities, and discovering relevant, innovative
mentors and masterminds.
The
M3Linked™ communities host CEOs, Inventors, Investors, Startups,
Lawyers, Politicians, Mentors, and so much more. Our members cover a
wide range of talents from experienced millionaires, celebrities, and
athletes to startups in their nascent stages. Our members gather at
various
M3Linked™ experiences to receive inspiration and support that
encourages and pushes them to the top of their industry's cutting edge.
There are also many members in the development or incubator stages,
finding mentorship, investors, and other support systems within our
communities.
M3Linked™ contains various experts in fields of
intellectual property, business development and management, marketing,
and funding; virtually anything you might need to move the needle for
your business.
The franchise fee is $80,000. Second and subsequent unit franchise fee is discounted to $67,500