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Health & Beauty

Fastest Labs

A Independent brand

Total Investment
Cash Investment
Minimum Net Worth
$400,000
Franchised Units

About Fastest Labs

Fastest Labs is a sales and marketing company that just happens to be in the drug testing business

We require full time owner operators and are looking for those that are both experienced in and also enjoy sales and marketing. They should also be interested in a primarily BtoB business.

Fastest Labs Business Overview Fastest Labs Technology & Marketing

Fastest Labs Training & Support

Summary:

• Ranked #36 Fastest Growing on Entrprenuer

• 5.3 Billion Drug Testing Industry • 46% year-over-year growth for franchisees

• First & Only Non-Medical Drug, Alcohol & DNA Testing Franchise in the United States

• No HIPPA requirements. No Medical Director. No medical liability. • Small Real Estate Footprint. Minimal overhead. 1- 3 Employees. M-F 9-5 banker's hours

• Proprietary & Industry Disruptive Drug Testing Technology & FAST Processes

• 70% BtoB and 30% BtoC (approximately)

• BtoB & BtoC rapid services that drive recurring revenue and a positive customer experience

• Simple Business Model with Low Operating Cost

• World-Class Franchisor Systems

• Values-based, Franchisee-focused organization built by experienced Franchisees

• Rare ~$130K Brick & Mortar Investment

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 230 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.

We require full time owner operators and are looking for those that are both experienced in and also enjoy sales and marketing. They should also be interested in a primarily BtoB business.

Having started franchising in October 2010, Fastest Labs is now servicing over 100 markets in over 24 states. We are a franchise company built by Franchisees, for Franchisees. Our Founders, Dave and LeDona Clafin, have over 28 years of experience as franchise owners of two other service based franchise businesses. They understand what it is like to be a Franchisee from a startup owner operator to a Franchisor. This is a unique strength that few Franchisors have as a skill set.

Fastest Labs has a proven client acquisition system utilizing Zoom Info and HubSpot CRM. We provide customized proprietary incoming and outgoing sales guides developed in-house and also utilize Scorpion for local digital marketing, support, customized budget, strategy for SEO, Organic and PPC online marketing.

Employment & Personnel
Health, Beauty & Nutrition

Inside Fastest Labs

Established
2008
First Unit Franchised
Franchised Units
Company Owned Units
States Registered In
Cash Investment
Total Investment
Minimum Net Worth
$400,000
Single Unit Franchise Fee
$45,500 - Mid, $59,500 - Standard, $80,500 - Large
Royalty
Ad
Average Number of Employees
Item 19
Home-Based
B2B
Master Franchise Opportunities
Veteran Discount
10% off initial territory franchise fee
Financial Assistance Provided
Site Selection Assistance
Lease Negotiation Assistance
Recruiting Assistance
Cooperative Advertising
Category
Employment & Personnel, Health, Beauty & Nutrition, Miscellaneous & Unique

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