Fastest Labs
Drug, alcohol, and DNA testing, background screening

About
Founded

2000

Franchising Since

2010 (10 Years)

Corporate Address

5718 University Heights, #105
San Antonio, TX 78249

CEO

David Claflin

Parent Company

Fas-Tes Franchise Systems LLC

Financial Requirements
Initial Investment

$79,900 - $114,150

Net-worth Requirement

$175,000

Liquid Cash Requirement

$75,000

Ongoing Fees
Initial Franchise Fee

$49,500 - $49,500

Ongoing Royalty Fee

7%

Financing Options

Fastest Labs has relationships with third-party sources which offer financing to cover the following: 
franchise fee, startup costs, equipment, inventory, accounts receivable, payroll

Veteran Incentives

Territory size doubled

Support Options
Ongoing Support

Meetings/Conventions

Online Support

Field Operations

Franchisee Intranet Platform

Marketing Support

Social media

SEO

Website development

Email marketing

On-The-Job Training:

4 hours

Classroom Training:

44 hours

Cost
Initial Investment: Low - $79,900 High - $114,150
Units
+25.0%+8 UNITS (1 Year) +90.5%+19 UNITS (3 Years)

Units (Locations)

Where Seeking Franchisees:

Franchisor is seeking new franchise units throughout the U.S.
Franchise Financing
Using 401(K)/IRA Funds
  • Tax Penalty-Free
  • Debt Free
  • Expert Guidance
Learn More

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Disclaimer

The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise.
Updated: August 5th, 2019

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