Nuviva Medical Weight Loss

At a Glance

Products & Services: Medically-supervised weight-loss clinic

Number of Locations: 10

Total Investment: $160.1K - $229.6K

Founded: 2008

Began Franchising: 2010

Franchise Units

Year U.S. Canadian International Company Owned
2012 7 0 0 3
2011 4 0 0 3
2010 1 0 0 3
Direct Capital

Startup Costs, Ongoing Fees and Financing

Total Investment: $160,100 - $229,600
Franchise Fee: $75,000
Ongoing Royalty Fee: 7%
Term of Franchise Agreement: 5 years, renewable
Financial Requirements
Net Worth: $500,000
Liquid Cash Available: $250,000
Operations
75% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 4 - 6. Absentee ownership of franchise is allowed. (100% 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 days. At franchisee's location: 5 days. 3-5 days on-site 30 days after opening
Ongoing Support: Meetings, 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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