Interim Healthcare vs Fastest Labs Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Interim Healthcare vs Fastest Labs including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Interim Healthcare Franchise
Fastest Labs Franchise
Investment $125,500 - $198,500$79,900 - $114,150
Franchise Fee $50,000$49,500
Royalty Fee 3.5% - 5.5%7%
Advertising Fee 0.5%-
Year Founded 19662000
Year Franchised 19662010
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee --


Business Experience Requirements

 
Interim Healthcare Franchise
Fastest Labs Franchise
Experience
  • General business experience
  • Marketing skills
  • -

    Financing Options

     
    Interim Healthcare Franchise
    Fastest Labs Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/Yes-/Yes
    Start-up Costs No/Yes-/Yes
    Equipment No/Yes-/Yes
    Inventory No/No-/Yes
    Receivables No/No-/Yes
    Payroll No/No-/Yes

    Training & Support

     
    Interim Healthcare Franchise
    Fastest Labs Franchise
    Training On-The-Job Training: 40 hours Classroom Training: 40 hours Additional Training: Regional training Classroom Training: 35 hours
    Support Purchasing Co-ops Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet PlatformPurchasing Co-ops Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Franchisee Intranet Platform
    Marketing Co-op Advertising Ad Templates National Media Social media SEO Website development Email marketingCo-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing
    Operations 50% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 2 - 3

    Absentee ownership of franchise is NOT allowed.

    Number of Employees Required to Run: 1 - 3

    Expansion Plans

     
    Interim Healthcare Franchise
    Fastest Labs Franchise
    US Expansion YesYes
    Canada Expansion No-
    International Expansion Yes-

    Company Overviews

    About Interim Healthcare

    Founded in 1966, Interim HealthCare is the nation's first and finest healthcare franchise organization. Through a comprehensive network of more than 300 independently owned franchise offices, Interim HealthCare franchisees are the largest combined provider of community-based home care, health care staffing and hospice services. Interim HealthCare is unique in combining the commitment of local ownership with the support of a national organization that develops innovative programs and quality standards that improve the delivery of service through franchisees that employ thousands of health care workers who serve 50,000 people each day.

    Veteran Incentives  10% off franchise fee
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    #141 in Franchise 500 for 2020.

    About Fastest Labs

    Fas-Tes Franchise Systems, LLC is currently one of the fastest-growing drug, alcohol, and DNA testing lab franchises in the industry. They are always looking to expand their team of dedicated franchisees throughout the nation, especially in Texas, the Great Plains area, and throughout the South and Southwest. 

    The process to owning your own FastestLabs® franchise is easier than you may think! 

    In fact, no medical experience is required to own and operate a drug, alcohol, and DNA testing facility and they provide you with all of the training materials, resources, and knowledge you need to get your franchise up and running.

    Veteran Incentives  Territory size doubled