Fas-Tes 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 Fas-Tes Labs franchise cost?
Fas-Tes Labs has a franchise fee of up to $45,000, with a total initial investment range of $74,650 to $88,900.- Initial Franchise Fee: $45,000
- Total Investment: $74,650 to $88,900
- Working Capital: $9,000 to $12,000
- Royalty Fee: 7%
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 Fas-Tes 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 2017 Franchise Disclosure Document, there are 32 franchised Fas-Tes Labs locations in the USA.Are there any Fas-Tes Labs franchise opportunities near me?
Based on 2017 FDD data, Fas-Tes Labs has franchise locations in 13 states. The largest region is the South with 20 franchise locations.AZ
CA
CO
FL
GA
IL
MA
NC
NE
OH
PA
TX
WI
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: 2017
Fas-Tes Labs is graded based on our most recent research.
Fas-Tes Labs Franchise Stats
Total Investment
$74,650 - $88,900
Franchise Fee
$45,000
Franchise Agreement
Initial Term
5 Years
5 Years
Renewal Term
N/A
N/A
Franchisee Outlet Growth
2014
9
9
2016
19
19
Ongoing Fees
Royalty
7.0%
7.0%
Ad Fees
2.0%
2.0%
# of Franchised Outlets
19
Additional Questions
Do they provide any initial training and opening assistance?
Yes, they have an initial training program of 48 hours. This includes 44 hours of classroom training and 4 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 | 4 |
| Classroom | 44 |
| Total | 48 |
Do they offer Territory Rights?
Fas-Tes Labs offers exclusive territories. For an explanation of territorial rights, unlock this franchise for important details.Do they provide Veteran or First Responder Discounts?
Yes, unlock to find out the amount of the discount.When did they begin franchising?
They began franchising in 2010. The average Healthcare franchise began franchising in 2010.Do they offer financing support?
No, but you can click here to fill out our affordability calculator and understand your financing options.
Our Franchise Analysts have prepared detailed notes about Fas-Tes Labs, covering topics such as system growth, closures and turnover, financial transparency, initial and renewal terms, and royalties. Access is free, instant, and unlimited!
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Unlocking gives you access to this and the questions below. Signing up lets you see all franchises, you get access to our entire research team and industry experts and free advice.
- What are the historical franchisee revenues?
- Do they have any lawsuits?
- Do they have computer and technology support in place?
- Do they provide Minority Discounts?
- Do they use public figures to promote their franchise?
- Do they disclose any bankruptcies?
- Are they affiliated with any other franchise brands?
- How many new outlets have they sold in the last 5 years?
- How many franchised outlets have closed in the last 5 years?
- How many franchised outlets have terminated in the last 5 years?
- Do they operate any company or affiliate outlets?
- How long is their initial term length?
- How do they solve franchisee disputes?
- Are you required to work in the outlet or is this a passive investment opportunity?
- Do they provide discounts for buying more than one franchise?