Fastest Labs FDD – Franchise Information, Costs and Fees


Type of Business
Fastest Labs businesses provide drug testing for regulatory compliance, employment compliance, safety and personal purposes and workplace safety purposes for commercial businesses and consumers. The franchisor offers franchises for single FT Businesses and area development franchises for the right to open multiple FT Businesses in a designated development area. Area developers sign individual franchise agreements for each FT Business.


Corporate Information
Fas-Tes Franchise Systems, LLC is a limited liability company formed in the State of Texas on July 21, 2010. Their principal place of business is 5718 University Heights, Suite 105, San Antonio, TX 78249. They began selling FTFS franchises in October 2010.


Investment
The total investment necessary to begin operation of a franchised FT Business with a territory with the number of businesses between 8,500 businesses and up to 12,000 businesses (“Standard Territory”) is between $125,500 and $164,500. This includes $77,500 that must be paid to the franchisor or its affiliates. The total investment necessary to begin operation of a franchised FT Business with a territory with up to 8,499 businesses (“Mid-Size Territory”) is between $111,150 and $150,500. This includes $63,500 that must be paid to the franchisor or its affiliates. The total investment necessary to begin operation of a franchised FT Business with a territory with the number of businesses of more than 12,000 businesses and up to 14,000 businesses (“Large Territory”) is between $146,500 and $185,500. This includes $98,500 that must be paid to the franchisor or its affiliates. The total investment necessary to begin operation of FT Businesses under an Area Development Franchise is between $171,000 to $390,500, depending on the number of FT Businesses you agree to develop. This includes $133,000 to 303,500 that must be paid to the franchisor or its affiliate(s). The low estimate assumes an Area Development Franchise with two Franchised Businesses and the high estimate assumes five Franchised Businesses.


Fastest Labs FDD

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