Fastest Labs Continues to ‘Pass the Test’ as Demand for Drug, Alcohol and DNA Testing Grows
Nation’s Leading Drug Testing Franchise Capitalizes on Billion Dollar Industry; Sets Sights on Nationwide Expansion
May 22, 2017 // Franchising.com // SAN ANTONIO - Fastest Labs, the nation’s leading drug testing franchise, is experiencing fast-paced growth as demand in the $1.5 billion drug testing industry rises. The need for affordable and fast drug testing in response to increased alcohol and drug use, combined with the growing demand for workplace safety is fueling the company’s growth with Fastest Labs debuting in new markets such as Dallas, Houston, Las Vegas, Indianapolis, Phoenix and Chicago this year.
Fastest Labs was founded in 2008 by entrepreneur Dave Claflin and offers clean, fast, drug, alcohol and DNA testing services with a high level of customer service. Clients are seen within five minutes of arrival and no appointment is necessary. Test results are immediately sent within minutes of the test, which differentiates the brand from competitors.
“We have carved out a niche in the ultra-competitive drug testing market by creating a solution to the most common problems in the industry: long wait times during testing and waiting too long for results,” said Claflin, Founder of Fastest Labs. “Fastest Labs is able to outperform competitors each and every time and we’re seeing tremendous growth in the business and franchise opportunity.”
By fulfilling the growing need for faster and more reliable testing options currently lacking in the industry, the Fastest Labs business model continues to see rapid growth in both the private and business sectors. Companies between 25 and 100 employees who need testing services for their employees or job candidates make up the majority of Fastest Labs’ customers. These numbers will only go up, as four out of five U.S. employers now require pre-employment drug testing and nearly 40 percent are conducting ongoing “random” testing, according to the Society for Human Resource Management (SHRM).
“There is now a need for long-term drug testing programs at companies of all sizes. This is facilitating an increased demand for Fastest Labs and our franchise owners are seeing the ongoing revenue as part of these recurring clients,” said Claflin.
Fastest Labs currently has 22 units open in eight states. With goals to be the largest drug testing franchise in America, the company aims to have 50 to 60 units by the end of 2017 and is currently seeking franchise partners to continue its expansion across the country. The total initial investment is $74,650 to $88,900 and Fastest Labs offers a simple to operate, turnkey system that includes low operating costs and high margins. Fastest Labs has prime territories available for development including metropolitan areas such as Atlanta, Chicago, Cincinnati, Dallas, among others. For more information regarding the Fastest Labs franchise opportunity, please visit http://fastestlabs.com/franchise.
About Fastest Labs
Fastest Labs (owned by Fas-Tes® Franchise Systems LLC) is the premier drug, alcohol, and DNA testing franchise providing certified testing for both private and legal purposes. Fastest Labs delivers clean, fast testing with an extremely high level of customer service. With 22 units open in eight states, the brand offers affordable lab tests for businesses, individuals, students, teens, and corporations. Fastest Labs is currently ranked No. 314 on Entrepreneur magazine’s prestigious Franchise 500 list and was chosen as one of the top franchise opportunities in 2017 by Franchise Business Review. For more information about Fastest Labs franchise opportunity, please visit: http://fastestlabs.com/franchise.
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SOURCE Fastest Labs