The retail healthcare clinic market, upon which the business model of Any Lab Test Now is based, is flourishing, which is great news for the brand’s 190+ locations across the U.S. today. But what’s driving this phenomenon? And how does the predicted growth of retail healthcare play into the hands of Any Lab Test Now’s franchise development program? At its core, retail healthcare is all about consumers taking more control over their own healthcare preferences and decisions. Which proves that marketing your business model using empowerment as a key value proposition is an effective strategy for Any Lab Test Now owners and consumers alike.


Even before the global pandemic accelerated the need and urgency of rapid lab test results, the retail healthcare marketplace was expanding rapidly. Traditional health care models, which previously relied upon paternalistic doctor-patient relationships, were already losing out to retail healthcare options that promised a more collaborative approach to individual care and choices. Acquisitions and new partnerships that touted this approach—including the rising popularity of telehealth—have awakened consumers
to a fresh healthcare shopping experience in which their active participation is not just tolerated but solicited. 

 

What’s currently helping the adoption of retail healthcare to flourish? We’ll illustrate several of the most common examples, but a consumer’s freedom of choice is the centralized theme.

 

Today’s Healthcare Shoppers

Think about buying a car, a computer, jewelry, or even a new lawnmower. When consumers shop for any major purchase, what are the determining factors that lead to a decision? Let’s start with affordability, which 72% of healthcare consumers claim they consider first. Following the cost factor, healthcare consumers want discretion (privacy), value and, increasingly—convenience. The traditional healthcare model hasn’t exactly done itself any favors. Their complicated plans, internal and external provider networks, referral procedures, and a bloated, outdated, and often inaccurate billing system, have all combined to leave the door wide open for a better way of doing business. As such, today’s healthcare shoppers have become their own entrepreneurial advocates.

 

Retail Healthcare Options

Telehealth appointments, digitized wearable devices, and retail lab testing are three prime examples of the growing retail healthcare marketplace. Each provides a beneficial, streamlined experience delivered in a collaborative environment. It’s fast becoming a pro-choice retail environment, where consumers are increasingly free to search and shop for the best options for care—especially as it pertains to lower costs, the best value, and—most of all, the highest level of convenience.

This changing marketplace dynamic is quickly becoming fertile ground for the Any Lab Test Now franchise opportunity, among the many independent small businesses well positioned to capture a larger share of retail-based revenue at the expense of major healthcare providers. Any Lab Test Now meets the very definition of retail healthcare, as our focus is squarely on the customer experience. We’re the affordable and discreet option, with up-front pricing, appointments completed in as little as 15 minutes, and results delivered in 24-48 hours. In the American Hospital Association’s (AHA) “Top-10 Emerging Trends in Health Care for 2021”, the second highest ranked item is a phenomenon they refer to as “cooperative competition” or “coopetition”. Taken directly from the report:

“Cooperative competition, or coopetition, is a key trend in health care. While some providers view big-box stores, nationwide pharmaceutical chains and other new entrants as threats, other organizations see opportunity. Their strategy is to leverage the capabilities of these power players to lower the cost of care, increase downstream market capture and focus on core specialty services while remaining highly connected to the patient.”

 

That’s a business model that sounds very familiar to our Any Lab Test Now franchise owners. Is it any wonder that the retail health care’s $99 million annualized marketplace was originally predicted to triple in the five-year span between 2017 and 2022? If you’d like to be a part of this outlook, reach out to Any Lab Test Now’s franchise development team to get started on your own entrepreneurial journey.

When it comes to financing the purchase of a franchise, many candidates don’t have a complete picture of the financial and lending options available to them. What are the best options? Best practices? To get you up to speed, Any Lab Test Now and a couple of our lending partners collaborated to bring you the basics of financing a franchise. Below, we take a look at franchise financing from the top down…


The Franchise Registry

As far as lenders are concerned, for any franchise concept to establish legitimacy and be eligible to finance, it must appear in the Franchise Registry, a searchable database that helps financial institutions evaluate the creditworthiness of franchise brands. You can view the Any Lab Test Now’s verified status here.


How Much Capital Will I Need?

The requested loan amount is very important, as most banks prefer to write loans for a minimum of $200K. Although there are other options, there are fewer and fewer banks willing to underwrite loans under this amount. To reiterate, the minimum financial qualifications needed to franchise with Any Lab Test Now, we require $90K in liquid capital and a total net worth of $300K.


Costs to Consider

All franchises require a franchise fee, royalties, and startup costs necessary to establish operations. After an Any Lab Test Now franchise opens for business, additional operating capital is required to sustain operations prior to the breakeven point.   


Franchise fees
: also referred to as the initial franchise fee, this one time payment covers upfront costs for the brand’s trademarks, products, systems, and intellectual property involved in getting an Any Lab Test Now business up and running. The franchise fee is disclosed in the FDD, and payment signifies the execution of the franchise agreement


Royalties
: these are recurring fees required to uphold the franchise agreement and are set according to a percentage of gross profits or a flat monthly fee


Startup costs
: the startup costs associated with Any Lab Test Now include site selection, lease, build-out, office supplies, and initial inventory


Financing Options

It’s common for Any Lab Test Now franchising candidates to require financial assistance to close the deal. There are numerous options and lending avenues to investigate—including some alternatives you may not have considered. Loans processed for Any Lab Test Now tend to be SBA and Rollovers as Business Startups (ROBS), as conventional financing is not available for single unit franchisees. The average loan term is 10 years, with an average interest rate of 5.25% (Wall Street Journal prime rate + 2%). It’s highly recommended that candidates do the proper amount of due diligence to locate the ideal funding route, but here are the most common options:


Bank/Credit Union Loans
: if you’ve done business with your personal bank or credit union long enough, you should at least investigate the amount and terms they’re willing to offer


SBA Loans
: a popular route is a loan guaranteed through the Small Business Administration. Just like the Franchise Registry, the SBA does not arrange financing for concepts that do not appear on the SBA Franchise Directory. Any Lab Test Now is a verified entry (S0121). Keep in mind that the SBA doesn’t make the loan, but rather secures it on your behalf through a network of financial institution partners. The two most popular SBA loans for the franchising industry are SBA 7(a) Loans, and SBA 504/CDC Loans.


Retirement Funds
: 401Ks can be an inviting way to finance your own business, commonly known as Rollovers as Business Startups (ROBS). Essentially, you can access your retirement funds for franchise investment without incurring penalties, fees, or taxes. However, proceed with caution when going this route and enlist the help of a professional tax and accounting advisor to avoid the associated risks.


Portfolio Loans
: this is a security-backed loan which leverages the amount against your own portfolio as collateral. 


VetFran
: Any Lab Test Now is an accredited member of the VetFran program, which provides a 10% discount on the franchise fee for any U.S. military veteran.


Applying for Funding

When you begin the process to secure the funds necessary to purchase an Any Lab Test Now franchise, make sure you have the following documentation available: 1) your credit score/history, 2) personal financial records, and 3) your business plan (pro-forma).

 

According to DeAngelou Stevenson, VP of Franchise Lending/SBA Franchise Banker at Atlantic Capital Bank, development of the business plan is a key element in the loan process. “I have worked on a few Any Lab Test Now franchise start-up deals and the most crucial piece of the deals were the business plans. You want to make sure you’re as thorough and as detailed as possible. You’ll want your projections to be both realistic and attainable based on your specific market territory.”

 

We are thrilled to announce that ANY LAB TEST NOW has earned a coveted spot on Franchise Business Review’s (“FBR”) second annual “Culture 100” list. The new FBR compilation is based on a survey that quizzed thousands of franchisees from several franchise brands about company culture.

ANY LAB TEST NOW has more than 195 locations nationwide, and our direct access lab testing company is a consistent leader in the retail healthcare industry. “A strong business culture is the backbone of a company’s success, especially when you are part of a franchise, says Terri McCulloch, Vice President of Business Development. “Landing a spot on FBR’s “Culture 100” list is quite an honor following the ups and downs of 2020. We worked hard during the pandemic to collaborate with our franchise owners – providing them knowledge, resources and support they needed while listening to where they were finding nuggets of success that led to new programs. As a result, 2020 turned into a record-breaking year for ANY LAB TEST NOW.”

ANY LAB TEST NOW was among 224 franchise brands, representing nearly 25,000 franchise owners, that participated in Franchise Business Review’s research on the best franchise cultures. Franchisees were surveyed on 33 benchmark questions about their experience and satisfaction regarding critical areas of their franchise systems. The brands that were selected received the highest overall ratings based on 12 questions specifically focused on leadership, core values, whether they enjoy being part of the organization, and if they would recommend their franchise to others.

“The impact of the pandemic this past year on small businesses has put the spotlight on franchise culture more than ever,” said Michelle Rowan, President and COO of Franchise Business Review. “Our research into hundreds of brands really shows which ones held up the best when rated by their franchise owners. The franchise companies that have the honor of being named to our “Culture100” list are clearly among the best of the best franchise opportunities.”

Bob Gray, Any Lab Test Now Owner, Sarasota and Venice, FL

Bob Gray, owner of Any Lab Test Now of Sarasota, FL, and Venice, FL. shared his story with us about his passion in the nursing profession. After experiencing high-cost lab tests himself, Bob became a franchisee and quickly set out to help bring about better healthcare options to his local community.

 

Expensive Lab Bills Lead to Business Opportunity

As we got started, we asked Bob how he first heard of Any Lab Test Now.

“I always had a job with extremely good medical benefits, and always had annual visits to my physician with the same annual tests. Three or four years ago I went to my regular physician who ordered the same tests as he always did. I went to the lab, and they took my credit card and I was expecting my usual co-pay to be billed to my card. Then I went back to my physician for a follow-up and my tests came back looking good with no problems.”

“And then I got a bill from the lab, $722 for my lab tests. So, I said no, no, that can’t be right. Last year my copay was $65.00. So, I reach out to them to try to figure out what’s going on. And they told me my insurance denied the claim for my tests. I said no, no, no, I have health care insurance, and all this other stuff went round and round with them repeatedly trying to get my insurance to cover the tests. Then I finally got through to the insurance company, and they said, oh, we no longer have to cover WellCare annually because I wasn’t in the Affordable Care Act and I was on self-pay insurance.”

“So, no one ever told me that I would be liable for this $722 lab bill. The long and short of it, I paid it.

Then, the following year, I went back to my physician again. I told him the story and said this year, I am not going to go through all of these tests which were always normal. I said, you get one or two tests this year for me because I can’t afford $722 again.”

“My doctor said, oh…we need to go to Any Lab Test Now this year. I said, okay, and I go to my local Any Lab Test Now office in Sarasota. They ran my tests and did everything the other lab did the year before, all the same—the bill came to $202.”

“And I said, Okay, I don’t understand how they could do all the same tests for $202. So, I got very interested since I have a medical background myself. I started investigating whether or not franchises were available for the south portion of the county where I lived. And lo and behold, the owner of the Sarasota, Florida office was ready to retire, and I negotiated with him and ended up buying his franchise. Then, eight, nine months later I opened my second location in Venice Florida.”

“I was a prime candidate to learn the ins and outs of this business because of what happened to me. I was also in medical sales and a registered nurse and knew a lot of medical people. Also, I knew that there were an abundance of people out there who have no insurance or had high deductibles and were in the same situation, I was in. So, I felt that I could assist those people much more readily in this capacity, to help bring about even better healthcare in this area.”

 

A Career Military Man Chooses to Continue to Serve His Community

We asked Bob what his background is and what drew him to Any Lab Test Now on a personal level.

“I have an honorable discharge from the Army, Navy and Air Force. I was in all three services; in the Army as an OR Tech, the Navy as a Flight Corpsman for Sub Chasers, and the Air Force as a Flight Nurse and ended my service as a Lieutenant.”

“When I was in the military, I became a Combat Medic Operating Room Technician and later I went to nursing school, got my Registered Nurse License in Michigan, and then became an Operating Room Supervisor. At the same time, I was offered a job in medical sales because I understood the surgical aspect of what companies were looking for. During that time, I got my certification to do critical care nursing, and went into flight nursing, became a high-end Flight Nurse, and traveled all over the world in a Learjet.”

“In 2013, the company I worked for downsized, and I found myself prematurely retired and that is when I came across the Any Lab Test Now opportunity. With my background in medical sales and nursing, it was a perfect fit because I was already comfortable with consultive sales in the medical field. My business approach now is to be a valuable asset to my customers.

 

Being Boss is Fun!

We asked Bob what he enjoyed the most about owning his own business.

“Having the ability to work and do this myself. The thing that is the best is that I don’t have to answer to a boss, I don’t have to get things approved that I want to try or ask if I can do something different. So, having the ability to make a decision where I don’t have to get financial approval from anybody if I believe in it, I’ll do it. Just to be able to do that is very rewarding.”

 

Community Driven Business Model

Bob shared how his business has impacted his local community.

“So, primarily the businesses, our local businesses have utilized us for either pre-employment testing for drugs or work-related injuries and or accidents on the job for drug testing. We enjoy that relationship with them. And when other medical offices close at three o’clock, and somebody has an accident at five o’clock or four o’clock, we can still take them in and take care of their employees.

And those employers, who started using us for COVID testing for their employees, who might come to work with a sniffle or a sore throat or something, they would send them over to us, we’d have them tested, and back to work in an hour. So having the resource for them that we deliver what we tell them we’re going to do is great.”

 

Gratifying Work That Pays Off

We asked Bob if he wakes up every morning saying, “I love my job” and how he feels about his work life and who he works with now as a franchisee and business owner.

“Generally, by the end of the day, when I’ve finished all the tests that we’ve done, I’ve met some great people and, you know, and taking care of their needs and things, that’s when that gratification feels the best.”

“I’ve been very fortunate, the employees that I have, one of them, Sarah, has been with me for two years, she’s an ex-nurse, and offers a very good foundation. She’s run both of my stores and has done very well. My second longest employee, Hannah, has been with me for the last two years. While she was working with me she went to nursing school at night. Now, she finally graduated from nursing school, and she’ll be moving on to the hospital environment as an RN. Then I have another young lady, Melvina, who’s also very experienced, worked for another well-known laboratory for many years, and now she works for us.”

“My employees tell me that number one reason we’re great to work for is because we consider their feelings.”

 

Empowering People to Understand Their Health

We asked Bob what the most unusual thing he’s learned about this business model has been.

“I enjoy the feeling of being able to help somebody with the skills that I have and making a difference for people and giving them something they wouldn’t have gotten in other places. We’re well established and accepted in the community, and we do a lot of testing.”

 

Being in Service to Others

We know nursing is a profession tied to helping and serving others on a very deep level and he responded with some very personal thoughts.

“Nursing, in and of itself, doing the nursing job is not what I do this for what I do it for is I like being close to people. I’m a people person. I like being close to people evaluating their needs and seeing if I can help them. And then, part of it is, I’m a hands-on kind of person and I like doing procedures because there’s a challenge to it. There’s an opportunity throughout the day to feel that you’re making a difference and feel good about what you’re doing. And that’s why I like doing what I do.”

 

Working to Feed Your Soul

As we closed our discussion, we asked Bob what he felt this business did for him on a personal level.

“When I got into this, I was on my third retirement, and because I just not ready to retire, I began looking for something else that I could do where I could make a difference. Where I could feed my soul and my needs and continue to enjoy going to work and everything. So, this business with Any Lab Test Now has given me the opportunity to do exactly that. So, from being in medical sales, working as a nurse, and now to running my Any Lab Test Now location, this has done what I was looking for it to do.”

“If I had to do it all over again I would do it without any hesitation because I like to set goals. I like to measure my value for what I’m doing for people and for myself and for my family and I have been able to attain those things working with Any Lab.”

“We didn’t talk much about what I did just after I was put into an unexpected retirement. In the four years before I became a franchisee, I actually bought and flipped 40 houses. I also have a real estate broker’s license, so I have my own real estate company buying and flipping houses, however, buying and flipping houses is dirty work.”

“This is clean work, I get to go home clean or pretty close to as clean as when I went in. I like this type of clean work, and I use my head, I use my brain more to help people and to problem solve, to make a living. For me, it’s better than pounding a nail and cutting a piece of wood, and so the gratification of my education has paid off for me with this business.”

 

My Son Is Following In My Footsteps Now

We asked Bob if he was happy doing what he’s doing for work today.

“I’ve always said that the best thing I ever did was go to nursing school because for me my entire career, I have utilized and parlayed that education in just about everything. So, it was the best decision I ever made. Now, my son is a Registered Nurse. And so he’s working on becoming a Nurse Practitioner, so he has seen the value of what I’ve been able to accomplish through my career, and he’s following in my footsteps.”

 

The Last Career of Life Should Be Filled With Life’s Passion

Finally, we asked Bob if he felt like this business opportunity was one of the best decisions of his life.

“Yes, it is. Because it has given me the opportunity to, I’ll say, for the last career of my life, my last job to utilize the skills that I have attained throughout my life, put them to work, validate what I feel, how I do things, how I treat people, and how I believe that I can make a difference for our community. So yes, I think that I’ve been extremely pleased with what I’ve done, how I’ve done it, and I’m proud of the current position of our company, our standing in the community, and what we have to offer. And I feel that I have dramatically affected that.”

“This business gives me the opportunity to continue to work with people, and problem solve for people while helping. Then, using my skills that I have, and my hands-on

technical skills it feeds a lot of needs, and I enjoy it. I love my work because I can see that I can make a difference for somebody by getting the right tests in a timely manner, consulting, and helping people.”

A big thank you to Bob for taking the time out of his busy schedule to share his story and perspective of what it’s been like working as a health care professional, franchisee, and business owner!

If you’re looking around at what business opportunities are open to you, please reach out to us directly. We’re more than happy to provide you with information and answer questions. Learning about the available opportunities in your local area is the first step in discovering how you can find success with an Any Lab Test Now® franchise business.

 

 

We’re proud to announce our membership with VetFran! Any Lab Test Now offers a 10% discount off our franchisee fee for honorably discharged veterans. Consider joining our growing family of franchisees today!

About VetFran

VetFran was founded in 1991 as a strategic initiative of the International Franchise Association and the IFA Foundation. The mission of this organization is to educate veterans and franchisors about the value veterans bring that closely matches the skills needed to succeed inside the franchise business model.

The Value of a VetFran Membership

The Leadership team at VetFran has a majority of members who are veterans themselves and enjoy volunteering their time and expertise in helping their fellow veterans find prosperous opportunities that are unique to the business of franchising.

In order for a franchisor to become a member of VetFran they’re required to meet quality criteria that includes; being a member of the International Franchise Association with a clean audit report, in business for a minimum number of years, and offer their best discount off their franchise fee to veterans.

Overall, veterans can count on VetFran to be a helpful guide in searching, identifying, and verifying what opportunities best match their future and goals. Any Lab Test Now is excited to be a part of this supportive community and looks forward to offering focused and personalized care and assistance to our service men and women.

If you’re looking around at what business opportunities are open to you, please reach out to us directly. We’re more than happy to provide you with information and answer questions. Learning about the available opportunities in your local area is the first step in discovering how you can find success with an Any Lab Test Now® franchise business.

Susan Lynch, owner of Any Lab Test Now of Wilmington, NC shared her story with us about how she became a franchisee and what the value is to be recession-proof to those she serves in her local community. For Susan, she found her way to owning her own location by circumstance and a rare opportunity that presented to her at the right time for all the right reasons.

 

One Part-Time Job = One BIG Business Opportunity

We asked Susan how she got her start in the healthcare industry and she said:

“It came to me. I did not go out and find it.  I had taken a part-time job at Any Lab Test Now, here in North Carolina, the one I own now.

At first, I was interested in the business model, because I’ve worked in a clinical lab since I was 20 years old. Over the years, in some capacity or another, I’ve worked in every position from management, all the way down to just drawing blood on the weekends. I was intrigued by the fact that you didn’t need your own doctor’s order. So, I took a part-time job there. And over the years, ended up buying it from the physician who actually started it.”

 

Growing a Career in the Medical Field

Next, we asked, how she got her start in her medical career path and she replied:

“I went to college for phlebotomy and medical assisting and after that I started my technology program, and then got married. I then took a little step back and went to work in the lab. And back then you could do what we used to call “bench work”.

I fell in love with what seemed like a very different kind of job. I have always loved sales and even through my whole medical career, I’ve always sold something on the side.”

 

Combining a Medical Career with a Sales Career

As we talked with Susan, we asked her which career path she liked the most and she said:

“So that piece of this business was a total combination for me. It was the perfect package. The doctor I was working for at this location had come to me and said he was leaving the country for a couple of years. Then he asked me if I wanted to run the lab since I was already here working part-time.  And I said, of course, that would be wonderful. He offered a buy-in so that I would treat it as my own and that option had never entered my mind, you know, being able to own one of these businesses.

It was really perfect because I was now able to sell something I already knew so much about.”

 

Supporting Her Community with an Affordable Choice

Susan also shared her passion behind the value she offers to her community and said:

“Yes, so my biggest driver is that in all the years I’ve been in the hospitals, in the doctor’s offices, one of the biggest complaints is that people can’t afford their medical bills. The doctors say you need to do these tests. And patients say no, I can’t afford the bill. Now, many people don’t get what they need because of money. And I felt like I could offer them an affordable way to get what they need without having to involve their insurance company and get outrageous bills at the end of the sale at the end of the process.”

 

Selling Solutions Is Better Than Selling Big Bills

While we were talking with Susan, we also inquired on what she felt her business value was to her local community and she replied:

“Here’s the reality, people say I’ve got insurance, this test is going to be free. The doctor doesn’t have a financial conversation with them about 90% of the time. The doctors just tell them that this is the test, and they need to go down to the lab.

At what point does it occur to the person that they are going to get an invoice in the mail before they get the invoice in their mailbox? And then at what point does the doctor turn around and say, this is going to cost you X amount of dollars? How do you handle selling that? Because isn’t that really what you’re selling?

For me, I’m selling a solution before the problem actually comes about. Right. And typically, most people have gotten the lab bill for something that was so outrageous, they could not believe that the lab tests could cost that much. Now, they can come to me and find out that they could have many tests done for a fraction of what they paid before.”

 

Painful Insurance Bills Led to Providing the Solution Herself

As we talked, we asked Susan, what is it like to offer a solution ahead of the problem and she responded:

“There’s a lot of people who prefer to pay upfront. Because of that shock in the mail, six weeks after you go to the lab is horrible. I had this happen myself where I let my doctor do my labs one time, I said, “Look, we will try this one time. But if my insurance doesn’t pay, it never happens again.”

I ended up getting a bill. And I told him, “I’m not doing this ever again”. Then my bill was about three times what I would have had to pay here at my store. Most people do not understand how insurance works. They don’t pay attention. They don’t investigate, they don’t call in to check their benefits.

They assume it’s free and they just use it. At the end, a lot of people don’t pay the bill. Now, I’m an easy sell at that point.”

 

A Service-Based Business That Supports Others

At the end of our discussion, we asked Susan to share how she felt about having a business model that’s in service to others and she said:

“Our service is affordable and enjoyable. I mean, we get a lot of reviews about how enjoyable it was to come in and how clean and how fast we are. If you make it enjoyable, and you make it affordable, and your customer service is impeccable… they will just keep coming and people will tell everyone they know, who will tell everyone what options are out there.

It just snowballs from there. Our business model and service give people a place to go that doesn’t feel like a normal medical office where no one cares and you’re just a number. People look at medicine as big business. They think it is all about getting money and no one cares about the patient.

And we just FLIP IT.

We care about the patient and not so much about the money.”

A big thank you to Susan for taking the time out of her busy schedule to share her story and perspective of what it’s been like finding her way to becoming a franchisee!

If you’re looking around at what business opportunities are open to you, please reach out to us directly. We’re more than happy to provide you with information and answer questions. Learning about the available opportunities in your local area is the first step in discovering how you can find success with an Any Lab Test Now® franchise business.

Kenny Peterson and Business Partner Team Up With ANY LAB TEST NOW®

ANY LAB TEST NOW®, is proud to announce the newest addition to their family of franchisees.  Retired NFL player and successful entrepreneur with strong ties to the region, Kenny Peterson and his business partner, Nicole Flores, have been awarded three territories in Northeast Ohio. Kenny and Nicole are planning to open the first of three ANY LAB TEST NOW locations later this year in their hometown of Canton, Ohio.

“We are excited to start this new journey with ANY LAB TEST NOW,” explains Peterson. “Nicole and I both have years of experience in the healthcare industry and franchising, and we are looking forward to helping our neighbors take control of their health by providing them direct access to affordable lab testing.”

Kenny Peterson and Nicole Flores Any Lab Test Now Franchisees

The ANY LAB TEST NOW concept dates back nearly 30 years. The company was the first to offer consumers walk-in access to lab tests at its flagship location in Atlanta. Today, there are more than 190 locations across the nation and each one, including the future locations in Northeast Ohio, provides thousands of tests without an appointment.

“Our future ANY LAB TEST NOW franchises will fill a huge void in this part of the state,” says Flores, a veteran business leader with a master’s degree in healthcare finance. “Our customers will be able to stop by at their convenience and learn about affordable lab testing. No matter if it is a test to help someone manage a chronic condition like diabetes or a drug test needed for a job applicant at a local business, every test comes with a transparent price, so there are no surprise bills at the end of the process.”

Peterson and Flores are planning to open their first ANY LAB TEST NOW by early November 2021. The second and third locations will follow with grand openings in the Akron area next year.

“We are ecstatic to have Kenny and Nicole join our team, and we look forward to helping them expand their business portfolio in Northeast Ohio,” says Terri McCulloch, Vice President of Business Development of ANY LAB TEST NOW. “The combination of their entrepreneurial track record and ANY LAB TEST NOW’s proven business model is a perfect match.”

Ranked #1 in Laboratory Services, ANY LAB TEST NOW Is Recognized By Entrepreneur With Its 2021 Best Of the Best Franchises Award.

Any Lab Test Now is honored to be named to Entrepreneur’s 2021 Best Of The Best Franchises award.  To receive this prestigious recognition, the franchise must be listed on Entrepreneur’s Franchise 500 list and be first in their industry category.

Since 2007, Any Lab Test Now has partnered with major, high-quality laboratories throughout the U.S. to provide affordable and comprehensive lab testing services directly to the public. These lab testing services are offered in a diverse variety of categories that most commonly include clinical, DNA, and drug & alcohol testing. With over 190+ locations, Any Lab Test Now is the largest lab testing franchise in the U.S. and operates as a retail storefront, offering consumers an empowering value proposition — the ability to take control of their health and wellness choices.Any Lab Test Now Entrepreneur Best of the Best 2021

“This is a proud moment for our entire team and family of franchisees to be ranked #1 in our industry category, Laboratory Services,” says Clarissa Bradstock, CEO of Any Lab Test Now. “Our franchisees continue to empower and support local communities nationwide with direct access to lab services and maintained our role as an essential business throughout 2020.  This award validates the strength of our business model as a successful business opportunity in the retail healthcare field.”

Any Lab Test Now initially ranked in the highly competitive Franchise 500 list this year, which evaluated franchises on more than 150 data points in the areas of costs and fees, size and growth, franchisee support, brand strength, and financial strength and stability.

Terri McCulloch, VP of Business Development, shares “We find it exhilarating to be at the center of healthcare consumerism, providing direct access to lab testing services where we offer significant value to local communities, individual consumers, and businesses. This esteemed award is a very special recognition and shines a light on the challenging work our franchisees committed themselves to in making lab testing easily accessible throughout the pandemic. We’re excited to share this accomplishment with our franchisees who are a much-needed health care resource to their local consumer base.”

The Best of the Best 2021 award means Any Lab Test Now is honored with being #1 in their industry category and further validates their successful direct-to-consumer lab testing business model.

 

Christy Marcantel, Any Lab Test Now Owner, Winter Park, FL

Christy Marcantel, Any Lab Test Now Owner, Winter Park, FL

 

Franchise Business Review (FBR) surveyed over 8,000 female franchise owners and recently completed their Top Franchises for Women 2021 study. FBR uncovered 27 inspirational women during their study and highlighted them in their most recent publication, The Powerful Women of Franchising. We found their remarkable stories of businesswomen who forged through the COVID-19 Pandemic to find success more than motivational. In a year that showered business hardships for many business owners, these women chose to rise and overcome their challenges and move gracefully through them with unwavering strength resilience.

Help Us Celebrate One of Our Very Own

Powerful Women in Franchising!

We hope you’ll take a moment to share in our celebration of one of our very own franchisees, Christy Marcantel, Owner of Any Lab Test Now, Winter Park, Florida, who was featured in the Powerful Women of Franchising!

Congratulations Christy!!!  You are such a wonderful example for your sons!!!

Thank you for all you do for Any Lab Test Now and your community!

-Clarissa Bradstock, CEO of Any Lab Test Now®

 

According to Small Business Forum, 41 percent of all United States franchises are owned or co-owned by women. Additionally, women-owned franchises have skyrocketed by 83 percent in comparison to 13 percent growth in franchises owned by men since 2011.

Thank you, Christy, for pivoting and growing strong through the pandemic of 2020. We’re so proud of all your hard work and for being a pillar of strength to your family! Congratulations on being a true leader and for empowering your community with affordable on-demand healthcare services!

Marcee Locke, Any Lab Test Now Owner, Wichita, KS

Marcee Locke, Any Lab Test Now Owner, Wichita, KS

Over 300 franchise brands participated in an independent study conducted by Franchise Business Review (FBR) between July 2019 and February 2021. Each franchise brand requested their franchisees fill out an FBR satisfaction survey that asked 33 benchmark questions about their experience and satisfaction regarding critical areas of their franchise systems, including training and support, operations, franchisor/franchisee relations, and financial opportunity. After collecting more than 31,000 franchisee responses, Franchise Business Review (FBR) awarded Any Lab Test Now® as a Top Recession-Proof Business for 2021.

With an honor this high, our corporate team wanted to get a home team insider’s perspective on the real-time value of exactly what recession-proof meant through the eyes of one of our very own Franchisees. Marcee Locke, owner of Any Lab Test Now of Wichita, KS shared her story with us about what it was like to open her franchise location in the middle of the economic downturn of 2020. For Marcee and her husband Nick, their story of success started with a personal need they turned into a local community solution. As they moved through the process of becoming entrepreneurs, they pushed beyond overwhelming fears and instead chose to step into their dream opportunity with the courage and resolve to succeed despite the challenges they faced during the height of the pandemic. As you can imagine their story is inspiring, motivating, and most of all, a tribute to how important it is to support independent businesses that provide health and wellness services to their local communities.

Personal Needs Turned into Community Solutions

At the onset of our conversation, we asked Marcee if she had always wanted to own a business in the healthcare industry and she said:

“My husband and I, Nick, had always wanted to start our own business that we felt was new to Wichita. Then, one day I was looking for some lab testing, and I wasn’t able to find any pricing online, I wasn’t able to go anywhere without a doctor’s order. Even though I had insurance, I had no way of knowing what I was going to pay. And that was really frustrating for me, because I’m a firm believer in pricing transparency.

I just thought, you know, there has to be a better way. I did some research trying to figure out, is there a better way, and, you know, it turns out there is, and it’s called Any Lab Test Now.

I noticed that there weren’t any locations in Kansas, but that there were a lot of locations all across the country. So, I thought, wow, this could really be my opportunity to bring something unique to Wichita. We just fell in love with the concept. It was really easy for us to feel passionate about the idea of bringing affordable, and convenient access to lab testing for all of Wichita.”

Good Old-Fashioned Customer Service Wins Their Hearts

Next, we asked, what made her, and her husband choose Any Lab Test Now® as their business model and she shared:

“Any Lab Test Now jumped to the front immediately with the variety of services that they offer the focus on customer service.

I love good customer service, and it’s so rare these days, that I just felt like I really wanted something where customer service would be a huge competitive advantage for us, because I knew that I could provide that. We also wanted to find something that that would really make a difference to people. Ultimately, that focus on good customer service was really appealing to me because the whole company is all about that customer experience.”

Starting a Business in the Middle of a Recession

As we talked with Marcee, we asked her or her husband had ever felt scared about taking the plunge to open their franchise location and she replied:

“My husband and I had countless conversations and asked ourselves is this crazy? We didn’t want to let the excitement of the concept cloud the reality of the situation that we’re in the middle of the pandemic, but, you know, ultimately, with the scenarios that we ran, we felt confident in the overall demand for these services were for the long-term.

We were willing to take the risk up front. We didn’t want to let something short-term like a pandemic, stop us from moving forward with our dream opportunity.

I remember it was really scary and terrifying in fact. It was the number one thing that almost stopped us to be honest. I’m really happy we had the courage to move forward despite the pandemic, and if I could go back, I would 100% do it again!”

Finding Success with a Healthcare Business Model

Marcee and Nick Locke, Any Lab Test Now Owners, Wichita, KS

Marcee and Nick Locke Grand Opening, Any Lab Test Now, Wichita, KS

Marcee also shared how their location was performing, so it was natural to ask her if she felt confident long-term success was in their future and she responded:

“Our first few months have beat my expectations.

COVID has increased the attention we have for our health and that’s a good thing. People are like, wow, you know, life is short, I need to really take care of this one body that I’ve been given. So, I think we have a new focus on health.

People are so used to dealing with insurance and dealing with having no idea what they’re going to pay for their lab work. So many people are shocked that we provide the doctor’s order, they’re like, wait, so my doctor doesn’t have to send me.

We educate people so they know, we do provide this. You can literally walk through our door and get tested for pretty much anything you want.”

Community-Driven Passion Fills Hearts with Joy

While we were talking with Marcee, we also inquired on what she felt her business value was to her local community and she replied:

“I didn’t have any healthcare background at all and before starting this I worked in corporate America for about 11 years.

Now, my days are filled with people who come in and say, “oh, my goodness, I’m so glad that you guys are open, I have been wanting to get tested for years.”

Some people who don’t have insurance, they haven’t been to the doctor in years, they haven’t been tested for a single thing, not even a standard CDC or CMP.  When I hear them say, “I finally have an affordable option where I can just come in and get some key things checked”, that’s the most rewarding thing for me is to just give people that accessible way of finally getting the lab work that they’ve wanted done forever. That really keeps me going as far as the passion for just helping people.

When people leave, and they say, “wow, that was really fast”, or, “wow, that was such a great experience”, that’s providing a service that people truly value. It doesn’t really get more fulfilling than that!”

Business Thrives When You Wake Up and Love What You Do

As we started to come to the end of our conversation we went out on a limb and asked Marcee, what are the top three things you love about owning an Any Lab Test Now franchise location and she responded:

“Number one, it’s the focus on health. At the end of the day, if somebody has $100, and that’s their total disposable income, if you have an option to go get your hair done, or go buy some clothes, most people are going to pick your health with their limited disposable income that they do have. Health is very important to people.

Number two, I think is accessibility. We do schedule appointments walk-ins are welcome. We also have convenient hours so people can come after work or over their lunch hour and we’re also open on Saturdays. We’re open when people need us.

Number three, we are really focused on the safety and health and well-being of our customers. Just that focus on actually helping and caring about our customers and that huge emphasis on customer experience is what makes it recession-proof.”

Empowering a Community with a Service-Based Business

At the end of our discussion, we asked Marcee to share how she felt about having a business model that is in-service to others and she said:

“One of the trademarked slogans by Any Lab Test Now, is Take Control of Your Health®—that’s exactly what this business allows you to do.

The true service to me is accessible health care for people want to monitor their health. They want other options. They want transparency and price. I think that the ease of accessibility to people who may not have had access to this before is the true service to the community. We make it easy for people because they’re in and out in 10 to 15 minutes. I think our true service is accessible health care.”

A big thank you to Marcee for taking the time out of her busy schedule to share her story and perspective of what it was like to open her franchise location in 2020!

If you’re looking around at what business opportunities are open to you, please reach out to us directly. We’re more than happy to provide you with information and answer questions. Learning about the available opportunities in your local area is the first step in discovering how you can find success with an Any Lab Test Now® franchise business.