Dr. G's Weight Loss & Wellness

At a Glance

Products & Services: Medical weight-loss services

Number of Locations: 35

Total Investment: $196.4K - $478.1K

Founded: 2010

Began Franchising: 2010

Franchise Units

Year U.S. Canadian International Company Owned
2014 26 0 7 2
2013 21 0 6 2
2012 15 0 4 0
Where Seeking Franchisees: Franchisor is seeking new franchise units worldwide.
Direct Capital

Startup Costs, Ongoing Fees and Financing

Total Investment: $196,350 - $478,100
Franchise Fee: $75,000
Ongoing Royalty Fee: 8%
Term of Franchise Agreement: 20 years, renewable
Veteran Incentives: 10% off franchise fee
Financial Requirements
Net Worth: $500,000
Liquid Cash Available: $300,000
Operations
70% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 5. Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators).
Direct Capital
Financing Type In-House Third Party
Franchise Fee
Startup Costs
Equipment
Inventory
Accounts Receivable
Payroll

How This Franchise Supports Franchisees

Training: Available at headquarters: 2 weeks. At franchisee's location: 1 week.
Ongoing Support: Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Lease Negotiation
Marketing Support: Co-op advertising, Ad slicks, National media, Regional advertising,

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