Industry Expert in Drug and Alcohol Testing | SBA Pre-Qualified
Listing Number: 52941-732665
Listing Details
- Down Payment: $470,000
- Sales: $856,115
- Seller's Discretionary Earnings: $157,422
- Inventory: $2,000
- Furniture, Fixtures, and Equipment: $20,000
- Rent: $3,500
- Employees: 11
- Year Established: 1995
- Reason for Selling: Retiring
Business Description
This long-established Texas-based company provides drug and alcohol testing programs and regulatory compliance services for both DOT-regulated and non-regulated clients. Operating continuously for over 30 years, the business has developed a recurring customer base supported by long-term service agreements with employers, municipalities, and transportation companies across Texas and surrounding states.
The company operates from two offices and offers on-site and remote testing services, allowing flexible coverage for a broad client base. Its diversified revenue mix includes follow-up, post-accident, pre-employment, random, and return-to-duty testing; non-regulated services such as drug screen cards, hair testing, and collection programs; and additional income streams from training programs, background checks, and state reporting services.
Backed by experienced supervisors and cross-trained staff, the company runs with minimal owner involvement. It maintains a resilient business model with consistent revenues and stable profit margins year after year, even through economic disruptions such as the COVID-19 period. This makes it a strong fit for buyers seeking a semi-absentee operation with a dependable, compliance-based income stream.
Business Highlights
- Client Retention: Majority of new business comes through referrals and long-standing relationships.
- Trusted Partnerships: Widely recognized and trusted by Substance Abuse Professionals (SAPs), Medical Review Officers (MROs), and partner clinics.
- Proven Stability: Consistent year-over-year revenues and profit margins across multiple market cycles.
- Established Reputation: Among the first TPAs in Texas, known for reliability and regulatory expertise.
- Operational Flexibility: Combination of in-office, on-site, and remote testing ensures broad regional reach.
- Recurring Revenue Base: Supported by long-term client contracts and compliance-driven demand.
- Semi-Absentee Ownership: Experienced staff manage day-to-day operations with minimal owner involvement.