Cash Investment (Liquid): $50,000
Minimum Investment: $83,309
Maximum Investment: $96,650
Minimum Net Worth: $400,000
Franchise Fee: $49,500
Royalty Type: Flat Percentage Fee
Royalty Fee Structure:
Average # of Employees:
Year Established: 2008
Year First Franchised: 2010
WHO ARE WE?
Fastest Labs offers drug, alcohol, DNA paternity and background screening. They focus on SPEED and the customer experience. $1.5 billion growth industry. Fastest Labs will see clients within 5 minutes rather than a typical 1 hour wait at a medical facility, they send rapid test results immediately, rather than in 1 to 3 days and they can meet or beat competitor pricing. Low cost start up, high margins, 9-5 banker's hours and thorough franchisee training make a Fastest Labs drug testing franchise extremely appealing.
While owning a business is a goal for many people, turning that dream into a reality is often a difficult and complex path. Starting a business from scratch typically requires a ton of time, money, resources, knowledge, and industry experience. Making that business a successful one can be even more difficult. With FastestLabs, they offer all of the assistance you need to not only get your own business up and running but also to experience great personal and professional success. With their 10+ years of industry experience and their proven Fastest Labs operations system on your side, not to mention continual support, guidance, and training, you'll have everything you need to own and operate your very own drug, alcohol, and DNA testing laboratory facility.
While there are many ways to start your own business, Fastest Labs offer a unique advantage that you simply can't find anywhere else. Their franchise process is tried and true, and they've worked for years to craft a reputation within their industry that's second to none. When you choose to join their franchise team, you'll benefit from their established name, tested practices, and high-speed support.
Training is invaluable, so there are no shortcuts at Fastest Labs. Franchisees receive (2) two weeks of training before coming to their training facility in San Antonio for (1) one full week of hands-on training. They utilize a combination of online university training, live webcam training and in person certifications. There is approximately (3) three weeks of training. All training, operations manuals, sales and marketing training, day to day operational training and ALL certifications are included as part of the franchise fee. In addition, the hotel suite, lunches, graduation dinner and daily transportation during training week are included and provided so that you can focus on training for your new business.
Franchisee must be a full-time owner operator with critical skill sets in sales, marketing and/or customer service. They must enjoy networking and serving others because they are in the people business. They look for franchisees that are committed to their Fastest Labs model and have a passion for their industry. They search for extremely positive people that are driven to succeed.
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