Fastest Labs

At a Glance

Products & Services: Drug, alcohol and DNA testing, background screening

Number of Locations: 10

Total Investment: $56K - $69K

Founded: 2000

Began Franchising: 2010

Franchise Units

Year U.S. Canadian International Company Owned
2014 9 0 0 1
2013 8 0 0 1
2012 5 0 0 1
2011 1 0 0 1
2010 0 0 0 1
Where Seeking Franchisees: Franchisor is seeking new franchise units in the U.S.,Canada, Mexico.
Direct Capital

Startup Costs, Ongoing Fees and Financing

Total Investment: $56,000 - $69,000
Franchise Fee: $24,500
Ongoing Royalty Fee: 7%
Term of Franchise Agreement: 5 years, renewable
Veteran Incentives: $2,500 off franchise fee
Financial Requirements
Net Worth: $250,000
Liquid Cash Available: $50,000
Operations
20% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 1 - 3. Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators).
Direct Capital
Financing Type In-House Third Party
Franchise Fee
Startup Costs
Equipment
Inventory
Accounts Receivable
Payroll

How This Franchise Supports Franchisees

Training: Available at headquarters: 5 days.
Ongoing Support: Newsletter, Meetings, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Lease Negotiation
Marketing Support: Ad slicks, Regional advertising,
Other marketing support: SEO

Franchise Search

Looking to Start a Business?

BrightStar Care has opportunities available today.

Request Information

Fund Your Franchise with Guidant

Guidant Financal Learn how to invest your IRA or 401k into a franchise penalty-free. ($50k min)

Featured Franchises For Sale

From the Entrepreneur Bookstore

Franchise Bible, 7th Edition
Franchise Bible, 7th Edition
By Erwin J. Keup and Peter Keup
More Info