Internal Ref: Adelaide
Summary
TDDA is the largest & fastest growing private testing provider in Australia. Opportunity to secure a strong existing business covering Adelaide. Fully set up with 3 mobile testing Vans & Clinic.
Location Details
Adelaide
This well set up business with a strong client base and recurring revenue covers the Adelaide CBD and metro areas. Currently the only franchise for TDDA in Adelaide. Mobile Vans service the metro area + has a Testing Clinic located in Thebarton.
About the Opportunity
Drug & Alcohol use is costing Australian businesses over $5 Billion a year in hidden lost productivity & absenteeism.
Driven by this growing need in the workplace and community, The Drug Detection Agency (TDDA) has established itself as the largest provider of workplace drug detection services in Australia & New Zealand with a fast growing list of major corporate clients and brands.
TDDA provides the following core services:
- Drug & alcohol policy development
- Drug & alcohol training & education programs
- Mobile onsite drug & alcohol testing
- Pre-employment drug testing
- Property Methamphetamine inspections
With workplace drug screening becoming a necessity for most businesses for safety, legislative compliance & productivity reasons, this creates opportunities to win contracts with local, state and national businesses as well as various government organisations. You will also benefit from head office support and large scale clients that need services in the Adelaide area (head office also provide you with clients).
The business for sale spans most of the Adelaide area and is well set up with a strong client list, strong recurring revenue and a service team operating 3 mobile testing Vans and a Clinic in Thebarton. The business is well profitable, has even more growth potential and provides a new owner with strong cashflow and existing staff and clients from day 1.
The business not only benefits from the strong brand and sales support from TDDA head office but carries full NATA accreditation and has no significant competitor in the local market.
The business for sale includes:
- 7 year franchise license from TDDA (with a right of renewal)
- 3 existing branded Testing vans
- Clinic / office (Leased) including office equipment
- Testing equipment and IT set up
- Existing client base with strong recurring revenue
- Handover period and training from current owner
- Additional training and accreditation by head office
If you are looking for an industry that is in a strong growth cycle with an existing local Adelaide business that is performing well, then TDDA Adelaide is a rare opportunity to secure a genuinely good business that can be grown further and suits an entrepreneurial owner seeking to develop a business rather than work out on the road.
Marketing support
The Drug Detection Agency (TDDA) is a rapidly growing franchise network & brand with 65 Clinics in Australia/NZ. Clients include many large National & State level companies from a broad range of blue and white collar industries. Sales & marketing for the larger clients is managed by head office who then send all Adelaide testing jobs to this franchise. You only do local marketing but you have exclusivity to all testing in your territories for both national and local clients. Enjoy repeat work and strong recurring revenue.
Training provided
As this is an established business you will benefit from a handover and training from the existing owner + the Adelaide support team. In addition you will undertake a head office induction programme covering the technical skills & accreditation needed for drug testing.
Every franchisee is further supported with ongoing and structured mentoring from TDDA experts and best practice forums with other franchisees. Our franchisees learn from each other as well as head office. This helps for business planning and growing your business and team.
Skills
This is already a busy business well supported by local staff and head office support teams. However the business also has significantly more growth potential which can be realised by a hands on entrepreneurial owner to manage key client relationships and operations as well as focus on sales and business development. This is a booming industry and TDDA is uniquely placed to keep growing rapidly.
Franchisees do not need prior industry experience but must want a business that is scaleable and enjoy taking this business to the next level.
Length of Agreement
7 years with option for renewal
History
TDDA group has operated in New Zealand for nearly 20 years and in Australia for 13 years. This has cemented the brand as the largest and most successful network of testing providers in both countries.
The Adelaide business has been operating for approximately 6 years via a single franchisee.
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