Fastest Labs
#497 Franchise 500| Drug, alcohol, and DNA testing, background screening

About
Founded

2000

Franchising Since

2010 (8 Years)

Corporate Address

12703 Mountain Air, #105
San Antonio, TX 78249

CEO

David Claflin

Parent Company

Fas-Tes Franchise Systems LLC

Financial Requirements
Initial Investment

$74,650 - $88,900

Net-worth Requirement

$100,000

Liquid Cash Requirement

$50,000

Ongoing Fees
Initial Franchise Fee

$45,000 - $45,000

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

Purchasing Co-ops

Newsletter

Meetings/Conventions

Grand Opening

Online Support

Security/Safety Procedures

Field Operations

Franchisee Intranet Platform

Marketing Support

Co-op Advertising

Ad Templates

National Media

Regional Advertising

Social media

SEO

Website development

Email marketing

Classroom Training:

35 hours

Number of Employees Required to Run:

1 - 3

Fastest Labs is ranked #497 in the Franchise 500!
Cost
Initial Investment: Low - $74,650 High - $88,900
Units
+4.8%+1 UNITS (1 Year) +120.0%+12 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: September 26th, 2017
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