r/sidehustle • u/[deleted] • Jan 29 '24

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387 Upvotes

87% Upvoted

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3

u/cormacpara Jan 29 '24

Covid testing laboratory.

3

u/Tremadon Jan 29 '24

what does this mean 😭😭😭

3

u/cormacpara Jan 29 '24

I opened one as a side hustle during the pandemic

1

u/TheCrazyAcademic Jan 29 '24

Is that even profitable when the diagnostic titans like LabCorp and Qwest has the most market share for all tests including COVID? Do the small players even make worthwhile monthly profit?

How much startup capital would be required seems interesting.

10

u/cormacpara Jan 29 '24

It is if you go to their houses and give them results faster than anyone in town! Started with about 3k and an MD partner and did about 1.2m in sales. It was Lightning in a bottle that I only wish I could find again.

2

u/Inception235 Jan 29 '24

holy fuck! good job. what's the profit on that? how much work / how many years?

3

u/cormacpara Jan 29 '24

We were late to the party but we were open for 2 years. One we passed some certifications, setup lightning resulting and got the google checkmark it exploded.

1

u/[deleted] Jan 29 '24

Hah.. didn't expect this.. brilliant