Discovery 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

 
Discovery Map International Franchise
ARCpoint Labs Franchise
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 19812005
Year Franchised 19932005
Term Of Agreement 10 years +5+510 years
Term Of Agreement 10 years +5+510 years
Renewal Fee --


Business Experience Requirements

 
Discovery Map International Franchise
ARCpoint Labs Franchise
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

 
Discovery Map International Franchise
ARCpoint Labs Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/Yes
Start-up Costs -/--/Yes
Equipment -/--/Yes
Inventory -/--/Yes
Receivables -/--/Yes
Payroll -/--/Yes

Training & Support

 
Discovery Map International Franchise
ARCpoint Labs Franchise
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

 
Discovery Map International Franchise
ARCpoint Labs Franchise
US Expansion YesYes
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

* A proven record of success: over 125 established maps with 5% - 10% projected growth in 2013.

"Entrepreneur
#386 in Franchise 500 for 2020.

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