See Similar Listings

Top 5% Performing Fastest Labs Franchise Location for Sale

Torrance, CA
Fastest Labs of Gateway Cities

Seller Financing Available

Fastest Labs of Gateway Cities
Asking Price:$299,500
Established Year:2018
Gross Revenue:$420,000
Listing ID: 2266461Listing provided by BizBuySell
BUSINESS DESCRIPTION

Prime Southern California Opportunity: Torrance & Gateway Cities

This is your opportunity to own a top-performing Drug Testing & DNA Testing franchise with Fastest Labs, a franchise that is ranked in the Top 50 Fastest Growing Franchises of 2024 by Entrepreneur.com.

This listing is for two established & operating Fastest Labs Franchise locations in Torrance and Gateway Cities that are offered for sale as a package.

Overview:
Fastest Labs of Torrance is an established and profitable franchise, consistently ranking in the top 5% of Fastest Labs locations nationwide(Over 200 Locations open). This turnkey business offers comprehensive drug, alcohol, and DNA testing services to a wide range of clients, including corporations, small businesses, and individuals. As a brand, Fastest Labs has been around for a decade and has set the standard for quick, accurate, and affordable testing services.

Key Features:

• High customer satisfaction and retention
• Experienced, certified lab collectors
• Wide array of testing services for diverse client needs
• Strong brand presence in Torrance and surrounding areas.

Why Invest:
This is a rare opportunity to own a high-performing franchise with a proven track record of profitability in a prime market. Fastest Labs’ commitment to quality and customer service ensures continued success and growth potential.


Torrance
The Torrance location has been open since 2018 with an average revenue around $25k/mo with several months showing $30k - $35k. This location services approx. 500 walk-in customers per month, with 60-70 contracts with local businesses along with a government agency (LA Dept. Of Child And Family Services. This location also services a local railyard conducting with multiple On-site tests per week. Lease

Gateway Cities
This location has been open since 2022. Services approx. 200 walk-in customers per month. Currently averaging between $6k - 10K in revenue. Tremendous upside with a large territory of zip codes providing opportunity for serious growth. Opportunity to also service LA DCFS with modified hours and staffing.

ATTACHED DOCUMENTS
FL Overview.pdf.pdf Download
DETAILED INFORMATION
Location
Torrance, CA
Inventory
Not Included in asking price
Real Estate
Leased
Employees
3
Facilities
Torrance: • appox. 4.5 years left on lease • Approx. 1,200 SF Retail storefront • 2 bathrooms • 2 collection stations • Separate waiting room • Reception desk • 2 executive L shaped desks with hutch • Easy freeway access -GWC • Long Term Lease with over 8 Years left • Approx. 2400 SF Retail Storefront • 2 bathrooms • 3 collection areas • 2 waiting rooms • Utility room with wash basin • Separate office • Lunch room • Storage room • Easy freeway access • Large parking lot with truck parking • Digital signage in front lobby
Competition
With Quest Diagnostics shifting focus from drug testing to medical testing, and competitors like Concentra and Labcorp unable to match our level of service, Fastest Labs stands out. As the largest drug testing and DNA testing franchise in the country, Fastest Labs offers unparalleled customer experience, quick turnaround times, and a seamless experience for our clients. Our commitment to quality and client satisfaction has positioned us as the leader in the industry, making this a prime opportunity for potential franchisees.
Growth & Expansion
There is tremendous upside, especially with the Gateway Cities location.
Financing
Owner Financing available with approved credit and deposit.
Support & Training
There will be a one-week training out of the home office in San Antonio, along with one month of on-site training and up to two months of additional remote consulting and support provided by the owner.
Reason for Selling
Owner is retiring
Franchise
This business is an established franchise
BUSINESS LOCATION
Report an Issue with this listing
Sammy Dabdoub
Phone Number
Sammy Dabdoub
Call Phone