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Entrepreneur: Start & Grow Your Business

Liberty Weight Loss

Women's fitness, weight-loss & wellness programs

Background

Founded: 2002 Franchising since: 2002
1850 S.E. 17th St.
Fort Lauderdale, Florida 33316
Phone:
(800)988-4712


Franchisor is a privately-held company with 8 employee(s); 2 employee(s) in franchise department.

Franchise Growth
Year U.S. Franchises Canadian Franchises Foreign Franchises Company Owned
2007 31 0 0 0
2006 30 0 0 0
2005 51 0 0 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, United states, Utah, Virginia, Vermont, Washington, Wisconsin, West virginia, Wyoming

Exclusive territories available.
Territory size: 4-mile radius

Costs and Fees

Total investment: $74.1K-214.3K
Franchise fee: $25.6K-30.6K
Ongoing royalty fee: Varies
Term of agreement: 10 years, renewable


Type of Financing Available
In-House Third Party
Franchise Fee No Yes
Startup Costs No Yes
Equipment No Yes
Inventory No Yes
Accounts Receivable No Yes
Payroll No Yes

Qualifications
Net worth requirement: $250K
Cash liquidity requirement: $75K
Business Experience:
  • General business experience

Operations
  • 10% of all franchisees own more than one unit
  • Number of employees needed to run franchised unit: 2
  • Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators)

Training and Support

Training
  • Available at headquarters: 5 days
  • At franchisee's location: 2 days
  • Ongoing web training

Ongoing Support
  • Meetings
  • Grand opening
  • Internet
  • Field operations/evaluations

Marketing Support
  • Ad slicks
  • National media

Rankings

Franchise 500® rank:
#460 (2006); #415 (2005);

Fastest-Growing Franchises:
#101 (2005);

Top New Ranking:
#42 (2006); #39 (2005);