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Fastest Labs Investment Information

What You Need to Open Your Franchise Business

As in any successful start-up business, proper capitalization from Day 1 is key. We qualify candidates on an approximate investment* of $83,309 - $96,650, however, this investment will vary depending on the market and other factors. Either individually or with a financial partner, our minimum net worth and liquid asset requirements are as follows:

  • $75,000 - Cash or liquid assets
  • $175,000 - Equity or other assets to be used as collateral to obtain sufficient bank financing

Why Fastest Labs®:

  • Low $49,500 Franchise Fee
  • Initial Start Up Cost of $83,309 - $96,650
  • World Class Franchise Support
  • No Sales Tax/No Workers Comp (In Texas)
  • Small Office Space Footprint
  • Thorough Franchise Training
  • Low Number of Employees (1-3)
  • No Need for Medical Training
  • Small 7% Franchise Royalty
  • Low Cost PL & GL Insurance
  • High Gross Margins
*Please see the current Franchise Disclosure Document (FDD) for additional information.
Urine test cup and tablet
Investment Information Low High
Initial Franchise Fee $20k $20k
Territory Reservation Fee $0K $5k
Airfare and Living Expense while Training $600K $.5K
Lease and Utility Security Deposits $0K $0K
Exterior Signage and Installation $0K $0K
Office Equipment $0K $0K
Initial Testing Equipment $0K $0K
Insurance and Miscellaneous Opening $0K $0K
Computer Hardware $0K $0K
Start Up Kit and Uniforms $1K $1.5K
Additional Funds (3 months) $5000K $8000K
Total $50000K $70000K

The Fastest Labs Formula

  • Low Start Up Cost
  • High Gross Margins
  • Lowly Monthly Break Even
  • Recession Resistance
Typical Customers
  • DOT Companies
  • Small to Midsize Business
  • B2B Service Companies
Core Services
  • Drug & Alcohol Testing
  • Federal DOT Drug Screens
  • DNA Paternity Testing
  • Background Check
Real Estate/Office
  • Small Office Footprint
  • B and C Retail Space
  • 750 - 1000 square feet
  • Low Number of Employee