About Fastest Labs
Liquid Capital: $50,000
Net Worth Requirement: $200,000
Franchise Fees: $59,500
Royalty: 7%
Training and Support: Available
Home Office: San Antonio, TX
CEO: David Claflin
Investement Range $125,500 - $164,500
Fastest Labs stands out as the first and only non-medical drug, alcohol, and DNA testing franchise in the United States, offering a unique and efficient approach to testing services. With its proprietary technology and fast processes, Fastest Labs provides both B2B and B2C services that drive recurring revenue and deliver a positive customer experience. Operating with a simple business model that leads to rapid profitability, Fastest Labs is a compelling opportunity for entrepreneurs in a high-demand market.
Why Choose Fastest Labs?
- First to Market National Brand: Fastest Labs is a pioneer in the drug, alcohol, and DNA testing industry, focusing on non-medical testing to reduce operating costs and complexity.
- Proprietary Testing Technology: Utilizes industry-disruptive technology and fast processes to provide clients with efficient and reliable testing services.
- Simple and Low-Cost Operation: A straightforward business model with minimal overhead, operating with 1-2 employees and standard M-F 9-5 banker’s hours.
- Strong Franchise Support: Benefits from world-class franchisor systems, including a lead generation program and national vendor partnerships that enhance business operations.
- Scalable Earnings Potential: Offers a rare opportunity for multi-unit, semi-absentee ownership with a fast path to breakeven and high-profit margins.
Ideal Franchisee Profile
Fastest Labs is looking for driven entrepreneurs who are ready to innovate in the testing industry. Ideal candidates should:
- Innovative and Customer-Focused: Eager to leverage Fastest Labs’ proprietary technology to offer top-tier services and enhance the customer experience.
- Business Savvy: Able to utilize the Fastest Labs model to develop a successful business with strong skills in leadership and management.
- Efficiency-Driven: Focused on optimizing operations to maximize profitability and customer satisfaction.
- Growth-Oriented: Interested in seizing the opportunity for multi-unit development to expand their business footprint.
- Financially Prepared: With a net worth of $200,000 and liquidity of $50,000, ready to invest in a growing market.
Searching for more information? Download the 2024 Fastest Labs FDD below.
This web page does not constitute a franchise offering or an offer to sell a franchise. A franchise offering can be made by the franchise only in a state if first registered, excluded, exempted or otherwise qualified to offer franchises in that state, and only if provided with an appropriate franchise disclosure document.
