Medi-Weightloss Franchising USA LLC

At a Glance

Products & Services: Medical weight-loss and wellness program

Number of Locations: 72

Total Investment: $101.6K - $338.1K

Founded: 2004

Began Franchising: 2008

About Medi-Weightloss Franchising USA LLC

After retiring from a career in financial services, diet and health enthusiast Edward Kaloust founded Medi-Weightloss in 2004 to offer physician-supervised weight-loss and fitness programs. The company began franchising in 2008.

Franchise Units

Year U.S. Canadian International Company Owned
2013 66 0 0 6
2012 83 0 0 6
2011 74 0 0 4
2010 66 0 0 0
Where Seeking Franchisees: Franchisor is seeking new franchise units worldwide.
Direct Capital

Startup Costs, Ongoing Fees and Financing

Total Investment: $101,575 - $338,075
Franchise Fee: $35,000 - $128,000
Ongoing Royalty Fee: $1.5K-$12.5K/mo.
Term of Franchise Agreement: 10 years, renewable
Financial Requirements
Net Worth: $500,000
Liquid Cash Available: $350,000
Operations
25% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 4 - 10. Absentee ownership of franchise is allowed. (80% 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: 3-5 days. At franchisee's location: 2 days.
Ongoing Support: Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives
Marketing Support: Co-op advertising, Ad slicks, National media, Regional advertising,

Franchise Ranking History

Franchise 500®: #322 (2013), #356 (2011),
Fastest-Growing: #83 (2011),
Top New: #16 (2013), #27 (2011),

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