TEST Recession Proof. 30 Yo Drug Testing Co.

Business Overview:

Here's your chance to acquire a thriving drug testing operation – a business without which organizations across sectors can't operate. From truckers to maritime captains, mandatory substance screening is non-negotiable for keeping the wheels of the industry turning. But compliance isn't a burden here—it's a lucrative opportunity! The Ohio Bureau of Workers' Compensation will subsidize 66% of the costs of implementing a qualified Drug-Free Workplace program. That's essentially free money to build a profitable testing service. It gets better: integrate their program, and eligible employers could save up to 20% on workers' comp premiums. Who doesn't love delighting clients while fattening profits? The numbers solidify this venture's rock-solid potential: - 38-50% of worker's comp claims stem from workplace substance abuse. - 50-80% of inventory losses are due to employee substance use. - 15-17% of companies' workforce underperforms due to substance issues. - Over 90% of addicted individuals are employed. - Inappropriate substance use costs employers $7,000 annually per affected employee. A robust testing service is an investment for businesses prioritizing safety, productivity, and asset protection.

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Property Features and Assets:

Monthly Rent: $4,250.00

Square Units (Foot, Meter): 3,380

Facilities: Offices and Collection

Market Competition and Expansion:

Expansion: The drug testing industry is seeing ever-increasing potential. Ohio Worker's Comp. has the best discount and safety grants in the country. IEBT also specializes in federal Pipeline and CDL truck drivers. New regs always lead to increased testing needs.

Reason for Selling:

Additional Details:

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