Franchise Deep Dive: Fastest Labs Franchise Costs, Fees, Profit and Data

Fastest Labs is a rapidly growing franchise specializing in fast, accurate drug, alcohol and DNA testing, known for its clean facilities and exceptional customer service.

By Erica InmanStaff Writer

8:08AM • 09/29/24

LAST UPDATED: September 2024

FRANCHISE WEBSITE: https://www.fastestlabs.com/own-a-franchise/

NUMBER OF LOCATIONS: 180+

REPORTED COST TO GET IN: $125,500 - $164,500

REPORTED ROI (Item 19): $310,318 (Average Gross Revenue for Top Third Locations)

Fastest Labs has expanded nationwide, offering comprehensive testing solutions to individuals, businesses and organizations with a focus on affordability and reliability.

How Many Fastest Labs Locations Are There?

Fastest Labs was founded by Dave and LeDona Claflin, who initially operated under the name LabWork NOW Drug Testing in 2008 as part of a larger Texas-based corporation. The business quickly gained a reputation for its high-quality services and clean facilities, prompting the Claflins to expand nationwide.

After rebranding as Fas-Tes in 2010 and eventually as Fastest Labs in 2013, the company grew rapidly, with its franchise network expanding from 9 locations in 3 states in 2015 to 79 franchises across 20 states by 2020. Throughout its history, Fastest Labs has remained committed to providing top-tier testing services and customer care, positioning itself as a leader in the industry.

The brand currently has 180+ locations across the U.S.

What Is Fastest Labs’s Business Model?

Fastest Labs operates a franchise-based business model specializing in drug, alcohol and DNA testing services. The company provides comprehensive training, resources and ongoing support to franchisees, allowing individuals without medical experience to own and operate their testing facilities.

Fastest Labs emphasizes fast, accurate results, superior customer service and the cleanest, most comfortable facilities in the industry. Their services cater to a wide range of clients, including individuals, businesses, schools and government agencies, offering both in-lab and mobile testing options. The brand's reputation is built on affordable pricing, certified collectors and court-admissible results, making it a reliable choice for personal and organizational testing needs.

How Much Can Fastest Labs Franchise Owners Make?

According to the brand’s website, the average gross revenue for the top third of its locations is $310,318.

How Much Does It Cost To Open Fastest Labs?

The total initial investment necessary to begin operation of a Fastest Labs franchise ranges from $125,500 to $164,500.

What Is the Franchise Fee for Fastest Labs?

The franchise fee required to begin operation of a Fastest Labs franchise is $59,500, which must be paid to the franchisor.

Who’s On Fastest Labs’s Leadership Team?

What Helpful Articles Can I Read to Learn More About Fastest Labs?

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