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

Leadership

David Claflin, Founder and CEO

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 Articles

Aroma Joe's Leader: "How I Learned to Be a CEO"

Loren Goodridge served in the Navy, learned about business as a Subway franchisee and is now CEO of growing franchise Aroma Joe's. Here's why it was the perfect path.

Why This Serial Entrepreneur Opened a Painting With a Twist - In the Middle of the Pandemic

Dee Clemmons had experienced the brand as a customer, and it made her feel at peace. Now she's out to share that feeling.

Tired of Being Kicked to the Curb? Maybe It's Time To Be Your Own Boss.

There are two ways to go: pursue a dream idea from scratch or bet on a proven concept as a franchisee.

6 Ways to Turbocharge Your Solopreneur Productivity

Essential tips that will help you establish good work habits and achieve a lot more for your business in less time.

How Many Franchise Locations Should You Own?

5 multi-unit franchisees, ranging from 2 locations to 770, share their experience.

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