Fastest Labs Franchise Review

Franchise Facts

Fastest Labs businesses provide drug testing for regulatory compliance, employment compliance, safety and personal purposes and workplace safety purposes for commercial businesses and consumers.

How much does a Fastest Labs franchise cost?

Fastest Labs has a franchise fee of up to $49,500, with a total initial investment range of $83,309 to $111,650.

Initial Franchise Fee: $49,500
Total Investment: $83,309 to $111,650
Working Capital: $13,959 to $16,050
Royalty Fee: 7.0%

The initial cost of a franchise includes several fees -- Unlock this franchise to better understand the costs such as training and territory fees.

How much does a Fastest Labs franchise make?

Franchise revenue depends on a wide range of factors, as does profit. How much money you can make from any franchise depends on a number of specific factors such as franchise location, labor costs, commercial lease rates and a number of other factors. Unlock this franchise for franchise-specific data and insight.

How many franchise locations do they have?

As of the 2020 Franchise Disclosure Document, there are 41 franchised Fastest Labs locations in the USA.

Are there any Fastest Labs franchise opportunities near me?

Based on 2020 FDD data, Fastest Labs has franchise locations in 16 states. The largest region is the South with 26 franchise locations.

This franchise is expanding into new markets and might be available near you. One of our franchise experts will have detailed knowledge about this brand. Unlock to learn more and connect with our experts.

Last Reviewed: 2020

Fastest Labs is graded based on our most recent research.

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Fastest Labs Franchise Stats

Total Investment

$83,309 - $111,650

Franchise Fee

$49,500

Franchise Agreement

Initial Term
7 Years

Renewal Term
7 Years

Franchisee Outlet Growth

2014
9

2019
41

Ongoing Fees

Royalty
7.0%

Ad Fees
N/A

# of Franchised Outlets

Additional Questions

Do they provide any initial training and opening assistance?

Yes, they have an initial training program of 50 hours. This includes 45 hours of classroom training and 5 hours of on-the-job training. In their FDD they outline who’s in charge of the training. Unlock to find out more.

Online	0
On-the-Job	5
Classroom	45
Total	50

Do they offer Territory Rights?

Fastest Labs offers territory protections. For an explanation of territorial rights, unlock this franchise for important details.

Do they have computer and technology support in place?

Yes. Fastest Labs offers comprehensive support for franchisees. Unlock this franchise to find out more details.

When did they begin franchising?

They began franchising in 2010. The average Healthcare franchise began franchising in 2011.

Do they offer financing support?

No, but you can click here to fill out our affordability calculator and understand your financing options.

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