Medi-Weightloss Franchising USA LLC
At a Glance
Products & Services: Physician-supervised weight loss program
Number of Locations: 78
Total Investment: $222.5K - 413K
Founded: 2004
Began Franchising: 2008
Private Owned
Franchise Units
| Year | U.S. | Canadian | International | Company Owned |
| 2011 | 74 | 0 | 0 | 4 |
| 2010 | 66 | 0 | 0 | 0 |
| 2009 | 42 | 0 | 0 | 0 |
| 2008 | 11 | 0 | 0 | 0 |
Where Seeking Franchisees: Franchisor is seeking new franchise units throughout the U.S.
Startup Costs, Ongoing Fees and Financing
Total Investment: $222,500 - $413,000
Franchise Fee: $100,000 - $150,000
Ongoing Royalty Fee: $1.5K-10K/mo.
Term of Franchise Agreement: 10 years, renewable
Franchise Fee: $100,000 - $150,000
Ongoing Royalty Fee: $1.5K-10K/mo.
Term of Franchise Agreement: 10 years, renewable
Financial Requirements
Net Worth: $1,000,000
Liquid Cash Available: $350,000
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).| Financing Type | In-House | Third Party |
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How This Franchise Supports Franchisees
Training: Available at headquarters: 5 days. At franchisee's location: 2 days.
Ongoing Support: Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives,
Marketing Support: Co-op advertising, Ad slicks, National media, Regional advertising,
Franchise Ranking History
Franchise 500®: #356 (2011),
Fastest-Growing: #83 (2011),
Top New: #27 (2011),