What does a Fastest Labs Franchise Cost?
Fastest Labs franchise fees for 2023:
Cash Investment (Liquid): $100,000
Item 7 Initial Investment Range: $101,150 -
$132,700 (Two territory minimum when applicable ($184,800 -
Minimum Net Worth: $200,000
Franchise Fee: $49,500
Average # of Employees: 1-3
Registered in Non-Registration States, CA, IN, MI, MN, ND, RI, SD &
Single Unit Gross Revenue: $584,659
Single Unit Adjusted Earnings: $202,689 (34%)
56% YOY Systemwide Gross Revenue Growth 2020 - 2021
Average Weekly Tests: 207
Average Ticket: $57
Participation Type: Owner-Operator & Semi-Absentee options
Royalty Fee Structure: 7%
Veteran Discount: 10% off initial territory franchise fee
International Expansion Opportunities: No
Is Fastest Labs a Semi Absentee Franchise with a Passive Ownership Opportunity?
Yes. Fastest Labs is a semi absentee franchise and allows passive ownership. A semi-absentee franchise is a business you could start and run while still maintaining a job or other obligation.
Is Fastest Labs a Home Based franchise?
No. Fastest Labs is not a home based franchise opportunity.
What Do Fastest Labs Franchise Owners Make?
Click here to find out how much Fastest Labs franchisees make. Fastest Labs offers an Item 19 in their Franchise Disclosure Document which provides financial information about select franchisees in their franchise system.
Is Fastest Labs a Master Franchise Opportunity?
No. Fastest Labs is not a master franchise opportunity.
Does Fastest Labs Offer a Veteran Discount?
Yes. Fastest Labs franchise does offer a veteran discount.
Does Fastest Labs Work with E2 Visa and EB-5 Visa Candidates?
No. Fastest Labs franchise does not work with E2 Visa and EB-5 Visa candidates.
Is Fastest Labs Looking for Franchisees in Canada?
No. Fastest Labs franchise is not looking for Canada franchisees.
Is Fastest Labs Looking for International franchisees?
No. Fastest Labs franchise is not looking for International franchisees.
Where can I see Fastest Labs's FDD (Franchise Disclosure Document)?
Buying a Franchise Guide: What is a Franchise Disclosure Document?
When evaluating a franchise opportunity, reading and understanding the current version of their FDD is a necessity. Considering the benefits of franchising, such as established brand recognition and support from the franchisor, it's important to also take into account franchise fees and franchising royalty fees. Since most franchisors are privately owned companies, the current versions of their FDDs are typically not available unless requested directly from them.
Click here to connect with a Franchise Consultant who can help you obtain a copy quickly and for free. They can also guide you through the essential franchise questions to ask, ensuring you make a well-informed decision about your investment.