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
Private Owned
Franchise Units
| Year | U.S. | Canadian | International | Company Owned |
| 2012 | 7 | 0 | 0 | 3 |
| 2011 | 4 | 0 | 0 | 3 |
| 2010 | 1 | 0 | 0 | 3 |
| 2009 | 0 | 0 | 0 | 2 |
| 2008 | 0 | 0 | 0 | 1 |
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
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).| Financing Type | In-House | Third Party |
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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,
Marketing Support: Co-op advertising, Ad slicks, National media, Regional advertising,
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