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Updated RecentlyMedstock vs Fastest Labs Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Medstock vs Fastest Labs including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $54,450 - $67,450 | $79,900 - $114,150 |
| Franchise Fee | $20,000 | $49,500 |
| Royalty Fee | 5% | 7% |
| Advertising Fee | - | - |
| Year Founded | - | 2000 |
| Year Franchised | - | 2010 |
| Term Of Agreement | 10 years | - |
| Term Of Agreement | 10 years | - |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | - | - |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | -/- | -/Yes |
| Start-up Costs | -/- | -/Yes |
| Equipment | -/- | -/Yes |
| Inventory | -/- | -/Yes |
| Receivables | -/- | -/Yes |
| Payroll | -/- | -/Yes |
Training & Support |
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| Training | - | Classroom Training: 35 hours |
| Support | - | Purchasing 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 Regional Advertising Social media SEO Website development Email marketing |
| Operations | - | Number of Employees Required to Run: 1 - 3 |
Expansion Plans |
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| US Expansion | - | Yes |
| Canada Expansion | - | - |
| International Expansion | - | - |
Company Overviews
About Medstock
If you're looking for a franchise with a high earning potential and a great quality of life, Medstock is 'just what the doctor ordered'. As a Medstock franchisee, most of your sales will start in the field. Instead of spending a lot of marketing dollars and waiting for customers to come to you, you'll go to them. This active sales approach sets us apart from our competition and lets our clients know that we care about them. Once a relationship with a client has been established, they can conveniently place and track orders with you through the Medstock Web site. The site features advanced fulfillment, customer management and accounting systems, and generates new business by having priority listings with the top search engines. Best of all, these on-line leads are sorted by zip code so you automatically get all the business within your territory.
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.