LA Weight Loss Centers
Health services & weight-loss counselingBackground
Founded: 1989 Franchising since: 1998
Franchise Growth
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, Pennsylvania, Rhode island, South carolina, South dakota, Tennessee, Texas, United states, Utah, Virginia, Vermont, Washington, Wisconsin, West virginia, Wyoming
Outside the U.S.: Asia, Central america, Eastern europe, Middle east, Mexico, South america, Western europe
Exclusive territories available.
|
420 Dresher Rd., #200 Horsham, Pennsylvania 19044 |
Phone: (888)258-7099 |
Franchise Growth
| Year | U.S. Franchises | Canadian Franchises | Foreign Franchises | Company Owned |
| 2007 | 373 | 73 | 5 | 437 |
| 2006 | 356 | 60 | 12 | 392 |
| 2005 | 340 | 45 | 6 | 375 |
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, Pennsylvania, Rhode island, South carolina, South dakota, Tennessee, Texas, United states, Utah, Virginia, Vermont, Washington, Wisconsin, West virginia, Wyoming
Outside the U.S.: Asia, Central america, Eastern europe, Middle east, Mexico, South america, Western europe
Exclusive territories available.
Costs and Fees
|
Total investment: $84.6K-149.8K Franchise fee: $20K |
Ongoing royalty fee: 7% Term of agreement: 10 years, renewable |
Type of Financing Available
| In-House | Third Party | |
| Franchise Fee | Yes | No |
| Startup Costs | No | Yes |
| Equipment | No | Yes |
| Inventory | No | Yes |
| Accounts Receivable | No | No |
| Payroll | No | No |
Third-party financing source(s): the SBA & various vendors
Qualifications
Net worth requirement: $100K
Cash liquidity requirement: $70K-100K
Business Experience:
- Industry experience
- General business experience
- Marketing skills
Operations
- 100% of all franchisees own more than one unit
- Number of employees needed to run franchised unit: 5
- Absentee ownership of franchise is NOT allowed.
Training and Support
Training
Ongoing Support
Marketing Support
- Available at headquarters: 4 weeks
- At franchisee's location: 3 weeks
Ongoing Support
- Newsletter
- Meetings
- Toll-free phone line
- Grand opening
- Internet
- Field operations/evaluations
- Purchasing cooperatives
Marketing Support
- Ad slicks
- National media
- Regional advertising
Rankings
Franchise 500® rank:
#71 (2008); #60 (2007); #238 (2006); #132 (2005);
Ranked #1 in category in:
2008; 2007; 2005;
Fastest-Growing Franchises:
#56 (2007); #40 (2005);
America's Top Global Franchises:
#65 (2008); #54 (2007); #197 (2006); #105 (2005);
#71 (2008); #60 (2007); #238 (2006); #132 (2005);
Ranked #1 in category in:
2008; 2007; 2005;
Fastest-Growing Franchises:
#56 (2007); #40 (2005);
America's Top Global Franchises:
#65 (2008); #54 (2007); #197 (2006); #105 (2005);