Fastest Labs
Founder
Dave Claflin
Home Office Location
San Antonio, Texas
Company Founded
2008
Began Franchising
2010
Industry
Drug & Alcohol Testing
Industry Size
$3.83 Billion
Veteran Discount
$1,500 off initial territory franchise fee
Group Health Insurance
No
Company Units Open
1
Franchise Units Awarded All Time
Franchise Units Awarded Last 12 Months
Franchise Units Open
210
Number of franchisees
162
Strong Sales Ability
Relationship Builder
No Industry Experience Required
Values Outstanding Customer Service
Community Centric
Sales or Management Experience
Brand Summary
Fastest Labs is the first and only drug, alcohol and DNA testing franchise in the United States that is non-medical and operates as a brick-and-mortar opportunity. Fastest Labs is already the number one fastest-growing drug testing franchise in this industry, with over 210 physical franchise locations and thousands of drug tests conducted each year. We see clients within 5 minutes rather than a typical 1-hour wait at a medical facility. LabFusion, our proprietary drug testing technology, reads and immediately reports a client’s drug test results in a confidential portal (rather than 1-3 days) enabling Fastest Labs to be an industry disrupter. We offer a Clean, Fast, and Affordable testing experience with the professionalism and comfort of dealing with a nationally branded entity that is locally owned and operated. Low start-up costs, high margins, 9-5 banker’s hours, minimal staffing and square footage requirements, and thorough Franchisee training make a FastestLabs drug testing franchise extremely appealing.
* The Numbers
$125,500 - $164,500
Investment Range
$575,975
Average Franchise Location Gross Income
7%
Royalty
$400,000
Financial Requirements
DISLAIMER: *REFER TO MOST RECENT FRANCHISE DISCLOSURE DOCUMENT ITEM 19. THIS INFORMATION MAY HAVE CHANGED SINCE FIRST PUBLISHED. WE RECOMMEND THAT YOU ALWAYS VERIFY FEES, INVESTMENT AMOUNTS, AND OFFERS FOR THE FRANCHISE OPPORTUNITY DIRECTLY WITH THE FRANCHISOR PRIOR TO DECIDING TO INVEST.
Franchise Features
Proprietary LabFusion drug testing software
A ‘Unicorn’ Business Model
Innovative technology for growing sales
World class Franchisee support, training, and coaching
Fastest growing drug testing franchise
Frequently Asked Questions
DO THEY OFFER FINANCING TO HELP BUY THE FRANCHISE?
3rd Party Recommendations
WHAT KIND OF TECHNOLOGY DO THEY HAVE IN PLACE?
Scheduling, CRM and Billing
DO THEY OFFER FLEXIBLE OWNERSHIP?
No
DO THEY OFFER A DISCOUNT TO VETERANS?
$1,500 off initial territory franchise fee
