Question 1

How many Fastest Labs franchise locations are there?

Accepted Answer

Fastest Labs currently has 229 total units, including 228 franchised locations and 1 company-owned locations.

Question 2

Is the Fastest Labs franchise system growing or shrinking?

Accepted Answer

Fastest Labs has experienced positive net growth of +25.8% over the past year, with a 3-year compound annual growth rate (CAGR) of +35.5%.

Question 3

What is the franchise vs. company-owned ratio for Fastest Labs?

Accepted Answer

Fastest Labs has a franchise ratio of 100%, meaning 100% of all units are franchisee-owned. This is a heavily franchised system.

Question 4

How many Fastest Labs franchise units have opened and closed recently?

Accepted Answer

In the most recent reporting year (2024), Fastest Labs had 65 units opened and 18 units closed.