Earnings Claims of Top Franchises Revealed

Earnings Claims of Top Franchises Revealed

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FDD Talk: Average Gross Sales of Any Lab Test Now Outlets By Years of Operation (2013 FDD)

by Franchise Chatter on January 9, 2014

in Franchise Earnings, Healthcare Franchise



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Highlights of Any Lab Test Now’s Item 19 Financial Performance Representations (2013 FDD)

  • Any Lab Test Franchising, Inc. (“Any Lab Test Now”) offers franchises to operate a business which specializes in the collection of blood, urine, or other human specimens for analysis and to administer therapeutic injections and immunizations under the trade name Any Lab Test Now.
  • Any Lab Test Now PhotoYou are required to utilize the services of the franchisor’s preferred Lab testing partners. These companies will perform the analysis of all the collected samples for your customers.
  • A Lab employed courier will pick up test samples on a daily basis, or specimens will be shipped. There is no charge for this pick-up service.
  • You will only accept checks, cash, and credit cards as payments. Franchises will not accept any insurance claims, Medicare, or Medicaid payments.
  • The franchisor is not engaged in any other business. From time to time, the franchisor may also own or operate a similar business, but does not do so at the present time.
  • The total investment necessary to begin operation of an Any Lab Test Now franchised Stand Alone business is $97,600 to $163,100, which includes $40,000 that must be paid to the franchisor or its affliate(s).
  • The total investment necessary to begin operation of an Any Lab Test Now franchised Satellite business is $30,100 to $69,400, which includes $15,000 that must be paid to the franchisor or its affliate(s).
  • The total investment necessary to begin operation of an Any Lab Test Now Territory Developer franchised business is $177,600 to $575,600. This includes $160,000 to $450,000 that must be paid to the franchisor or its affliate(s).
  • The total number of locations that existed in the relevant period (that is, during 2012) was 145.

Explanatory Notes for Part I – Average 2012 Gross Sales – Outlets Open At Least Four Years

  • The following data shows the average unaudited gross sales of Any Time Lab Now locations that meet the following criteria:
  • (i) are standalone units,
  • (ii) were operating on December 31, 2012, and
  • (iii) and have been open for at least four years as of December 31, 2012.
  • This is a historic financial performance representation about the company’s existing outlets.

Explanatory Notes for Part II – Average 2012 Gross Sales – Outlets Open Three to Four Years

  • The following data shows the average unaudited gross sales of Any Time Lab Now locations that meet the following criteria:
  • (i) are standalone units,
  • (ii) were operating on December 31, 2012, and
  • (iii) and have been open between three and four years as of December 31, 2012.
  • This is a historic financial performance representation about the company’s existing outlets.

Explanatory Notes for Part III – Average 2012 Gross Sales – Outlets Open Two to Three Years

  • The following data shows the average unaudited gross sales of Any Time Lab Now locations that meet the following criteria:
  • (i) are standalone units,
  • (ii) were operating on December 31, 2012, and
  • (iii) and have been open between two and three years as of December 31, 2012.
  • This is a historic financial performance representation about the company’s existing outlets.

Part I – Average 2012 Gross Sales – Outlets Open At Least Four Years



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