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Updated RecentlyAmerican Family Care vs Fastest Labs Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of American Family Care 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 | $114,500 - $1,441,500 | $79,900 - $114,150 |
| Franchise Fee | $60,000 | $49,500 |
| Royalty Fee | 6% | 7% |
| Advertising Fee | 1% | - |
| Year Founded | 1982 | 2000 |
| Year Franchised | 1985 | 2010 |
| Term Of Agreement | - | - |
| Term Of Agreement | - | - |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | *A motivated, self-starter *Totally focused and 100% committed to the business *A people person *Communicative – they reach out and ask for advice *Understands and executes marketing *Follows the system *Supportive of other franchisees – team player *Passion for helping others *Have family and friends that support their business | - |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | -/- | -/Yes |
| Start-up Costs | -/Yes | -/Yes |
| Equipment | -/Yes | -/Yes |
| Inventory | -/Yes | -/Yes |
| Receivables | -/- | -/Yes |
| Payroll | -/- | -/Yes |
Training & Support |
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| Training | American Family Care will provide a multi-day detailed training session prior to the time of your opening plus on-site assistance as you initiate operations. There is no additional charge for this training service but you must pay any travel and living expenses while attending the training at our offices. On-The-Job Training: 86 hours Classroom Training: 24 hours Additional Training: At master locations | Classroom Training: 35 hours |
| Support | We will continue to provide ongoing support services to you by phone, email, and periodic on-site visits to your location. We will also provide you with access to our online support website. Plus, we regularly update our operations manual with new procedures and other information designed to improve operations for all franchisees. There is support and training available for your operations, medical, marketing and other personnel. Purchasing Co-ops Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Franchisee Intranet Platform | 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 Social media Loyalty program/app | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing |
| Operations | Absentee Ownership Allowed Number of Employees Required to Run: 8 | Number of Employees Required to Run: 1 - 3 |
Expansion Plans |
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| US Expansion | Yes | Yes |
| Canada Expansion | - | - |
| International Expansion | - | - |
Company Overviews
About American Family Care
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The first American Family Care Clinic (AFC) was opened in 1982 by D.
Bruce Irwin, M.D. Since then, our model of “putting the patient first”
and providing an alternative, non-emergency room option for urgent care
has made us an industry leader and a patient favorite at our clinics
throughout the country. All AFC centers provide access to primary care,
urgent care, minor emergency treatment, and occupational medicine.The demand for comprehensive and convenient health care services increases
every year.
People want and need access to health care on their terms -
without endless waiting in hospital emergency rooms or staggering bills.
Healthcare franchises have rapidly become a popular alternative to traditional
means of seeking urgent care and primary care medical services. The
United States public health care system is increasingly strained by
factors such as a rapidly aging population, the rising costs of
insurance, and an increasing percentage of the population without
adequate health insurance or convenient access to medical care. Private
healthcare franchises address these issues by creating an affordable and
convenient healthcare option which patients can turn to without an
appointment, a long wait, an unaffordable bill, or a lengthy commute.
The total initial investment necessary to begin operation of a
franchised business (in which you are not converting an existing urgent
care business), ranges from $1,008,000 - $1,441,500. This includes
$190,000 - $210,000 that must be paid to the franchisor or its
affiliates.
If you are converting an existing urgent care facility to be
an American Family Care center that you will manage, the total
initial investment necessary to begin operation of a franchised business
ranges from $114,500 - $480,500. This includes $45,000 that must be
paid to the franchisor or affiliate. If you sign an Area Development
Agreement to develop a certain number of franchised businesses, you must
pay the franchisor a development fee of $60,000 for your first
franchise and a non-refundable deposit of $10,000 for each additional
franchise to be developed. The number of units for an Area Development
Agreement will be negotiated between the parties but will be no less
than 2. The initial franchise fee for subsequent franchises under the
Area Development Agreement is $45,000.
Seeking new franchise units throughout the U.S., Africa, Asia, Australia/New Zealand, Canada, Central America,
Eastern Europe, Middle East, Mexico, Philippines, South America and Western Europe
#82 in Franchise 500 for 2021. Not on 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.