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

About
Founded

2000

Franchising Since

2010 (9 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

Fastest Labs is ranked #472 in the Franchise 500!
Cost
Initial Investment: Low - $79,900 High - $114,150
Units
+45.5%+10 UNITS (1 Year) +113.3%+17 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

Franchise Articles

24 Top-Ranked, Affordable Franchises You Can Buy for $25,000 or Less

These low-cost franchises are worth your time, energy and investment.

Ice Cream Labs to Open 100 Outlets in India: Vikrant Tomer

The brand known for its unique way of making made-to-order ice-cream instantly using liquid nitrogen has ambitious global expansion plans with major focus on India with 100 stores in the offing.

How This Raymond Franchise has Stood The Test of Time For Last Three Generations

Prakash Aswani, Raymond Franchisee, is ably continuing the business that has stood the test of time for the last three generations. However, he is not alone; the family of five runs the business which has grown big with seven Raymond brand stores.

How Electric Vehicles Rev Up Business Opportunities

India's electric vehicles market received a boost in Budget 2019. Although at the cost of already bleeding internal combustion engine vehicles market, the EV segment offers a slew of lucrative business opportunities.

McDonald's Is Acquiring AI Startup Apprente

Plus, there is a new self-checkout shopping cart making grocery shopping easier, and Google is using AI on its new baby monitor to help keep your baby safe.

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