Medi-Weightloss Franchising USA LLC

Physician-supervised weight loss program

Background

Founded: 2004 Franchising since: 2008

509 S. Hyde Park Ave.
Tampa, Florida 33606

Phone:
(813)228-6334

Franchisor is a privately-held company with 35 employee(s); 35 employee(s) in franchise department.

Franchise Growth

Year	U.S. Franchises	Canadian Franchises	Foreign Franchises	Company Owned
2009	42	0	0	0
2008	11	0	0	0
2007	N/A	N/A	N/A	0
2006	N/A	N/A	N/A	0
2005	N/A	N/A	N/A	0

Where Seeking Franchisees
In the U.S. Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North carolina, North dakota, New hampshire, New jersey, New mexico, Nevada, New york, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode island, South carolina, South dakota, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West virginia, Wyoming

Exclusive territories available.
Territory size: Upon request

Costs and Fees

Total investment: $157.3K-487.8K
Franchise fee: $50K-100K

Ongoing royalty fee: $6.3K-10.5K/mo.
Term of agreement: 10 years, renewable

Type of Financing Available

	In-House	Third Party
Franchise Fee	No	No
Startup Costs	No	No
Equipment	No	No
Inventory	No	No
Accounts Receivable	No	No
Payroll	No	No

Qualifications
Net worth requirement: $500K
Cash liquidity requirement: $200K
Business Experience:

Industry experience
General business experience
Marketing skills
Health care experience a plus

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)