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Updated RecentlyAspray Ltd vs ARCpoint Labs Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Aspray Ltd 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 | $58,700 - $88,100 | $156,250 - $377,725 |
| Franchise Fee | N/A | $49,500 |
| Royalty Fee | - | 7% |
| Advertising Fee | - | 2% |
| Year Founded | 2005 | 2005 |
| Year Franchised | 2005 | 2005 |
| Term Of Agreement | - | 10 years |
| Term Of Agreement | - | 10 years |
| Renewal Fee | - | - |
Business Experience Requirements |
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| 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 |
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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 | - | 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 |
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| US Expansion | - | Yes |
| Canada Expansion | - | - |
| International Expansion | Yes | - |
Company Overviews
About Aspray Ltd
Since Aspray's launch in 2005, we have enjoyed a steady sustainable growth and to date we have recruited 36 franchisees in the UK and 1 in Ireland since 2007. Come And Join Us History * The Management of Aspray has developed a lucrative and successful business managing building insurance claims, tenanted property refurbishments and general building services on behalf of the general public. * The company has grown into a substantial business with no direct competition and as part of their continued expansion, Aspray are now appointing Franchisees to manage specific areas across the United Kingdom. * Aspray plan to grow the network by 50 over the next twelve monthsand have complete UK National coverage by 2008 The Benefits * Every Franchisee receives comprehensive support from Aspray's national operations centre and a dedicated team of field support personnel. * By joining Aspray and following their "Business Blueprint " Franchisees have the opportunity to launch and build a successful and valuable business locally. * Aspray Franchisees enjoy a business that involves no cold calling, very low overheads (you can work from home), flexible working days and a high level of demand. * Positive cash flow, no minimum fees and high margins make this a business for the true entrepreneur who can see that Aspray will deliver a rapid and high rate of return. What Next * Reseach:- Firstly, research the franchise market in the UK and Ireland and look at all the options available to you. Read through the whole of this website and request an ASPRAY Franchise Brochure to be sent to you. * Apply:- After you have finished reading through the material, and have decided to learn more, complete the franchise application form and call James Whittle on 0800 077 6704 to make an appointment to visit the Aspray Head Office and meet the team. * Investigate:- Talk to our franchise owners to learn more about us. Ask them why they chose the Aspray Franchise. Conduct your own independent research into the industry and your own local market. * Review:- Review the legal document and prepare your own business plan using where required suitably qualified advisors. Discuss financial issues with your bank manager. Many will offer up to 70% finance on start-up costs. * Join the team:- It's as easy as that! Once you have finished your investigation and have secured approval to become an Aspray franchise owner, don't wait. There is a world of opportunity waiting for you once you make your decision.