Fastest Labs
Business & Professional Services · Security & Investigations
- Active units
- 228
- Avg unit volume
- $145k
Franchised, year-end 2024
About Fastest Labs
Fastest Labs® is a trusted brand specializing in clean, fast, and affordable drug testing services. Unlike medical testing facilities, we are a drug testing franchise dedicated to ensuring the well-being of both employers and employees. In light of COVID-19, we strongly advise employers to keep their workforce away from medical testing facilities for simple drug screens. By doing so, you not only help prioritize medical resources for the infirmed but also protect your employees from potential exposure to illness in waiting rooms. At Fastest Labs®, we pride ourselves on providing expedited services. When your employees or candidates arrive, they can expect immediate attention from our certified lab collectors. We prioritize efficiency, ensuring that individuals are in and out of our facility within 5 to 10 minutes, avoiding long waits in crowded lobbies. Our comprehensive range of services includes individual drug testing, alcohol testing, DNA testing, DOT testing, and more. Whether you're an employer, government agency, athletic organization, or educational institution, we have the expertise and resources to meet your testing needs. With a commitment to accuracy and confidentiality, Fastest Labs® is your trusted partner in maintaining a safe and drug-free environment.
Key terms
Brand Percentile Rankings
Rankings compare brands in the same operating year. Fee and investment figures come from the FDD (2026 filing); filings on file: 2024, 2025, 2026.
Growth
- Total locations243
Franchised units open at year-end
- New openings35
Gross new units opened during the calendar year
- 1-year unit growth rate6.1%
Net unit growth versus prior year
- 3-year unit CAGR15.5%
Compound annual growth rate of unit count over the trailing 3 years
- Unit growth ratio1.8×
Cumulative opens / closures through year-end
Unit economics
- Annual unit volume (Median)$127k
Item 19 cohort year 2025
- Annual unit volume (25th percentile)—
Per FDD Item 19 disclosure
- Annual unit volume (75th percentile)—
Per FDD Item 19 disclosure
- 1-year Median AUV growth rate-18.6%
Year-over-year change in median AUV
- Store-level EBITDA Margin—
Median unit-level EBITDA / AUV
Investment profile
- Estimated initial investment$165k
Midpoint of estimated initial investment range
↓ Lower is better - Time to open135 months
Midpoint of average time from agreement to opening
↓ Lower is better - Royalty rate7.0%
Percent of net sales paid to the franchisor
↓ Lower is better - Sales-to-investment ratio0.8×
Median AUV / estimated initial investment midpoint
- Cash-on-cash returns—
Median unit-level EBITDA / estimated initial investment midpoint. Steady-state estimate; year 1 returns will be lower as the unit ramps to median volumes.
Franchisee healthLocked
- Unit closure ratio
- Transfer vs. closure ratio
- Percent multi-unit franchisees
- Litigation rate
- EBITDA multiple on sales & transfers
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Location footprint
Showing 1 of 1 mapped locations
Sources
Financial and operating figures are sourced from the brand's Franchise Disclosure Documents. Brand percentile rankings are based on comparisons to other brands that include the same metrics in their Franchise Disclosure Documents.