Question 1

How much does it cost to open a Fastest Labs franchise?

Accepted Answer

The total initial investment for a Fastest Labs franchise ranges from $131K to $200K, according to the latest Franchise Disclosure Document (FDD).

Question 2

What is the Fastest Labs franchise fee?

Accepted Answer

The initial franchise fee for Fastest Labs is $60K.

Question 3

What are the net worth requirements for a Fastest Labs franchise?

Accepted Answer

Net worth requirements for Fastest Labs are specified in the Franchise Disclosure Document.

Question 4

Does Fastest Labs require a personal guarantee?

Accepted Answer

Yes, Fastest Labs requires a personal guarantee from franchisees. A spousal guarantee is also required.

Question 5

What equipment and inventory costs are involved with a Fastest Labs franchise?

Accepted Answer

Equipment costs for a Fastest Labs franchise range from $4K to $5K. Initial inventory costs range from $4K to $5K.