Medi-Weightloss Franchising USA LLC
Physician-supervised weight loss programBackground
Founded: 2004 Franchising since: 2008
Franchisor is a privately-held company with 35 employee(s); 35 employee(s) in franchise department.
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, Oregon, Pennsylvania, Rhode island, South carolina, South dakota, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West virginia, Wyoming
Exclusive territories available.
Territory size: Upon request
|
509 S. Hyde Park Ave. Tampa, Florida 33606 |
Phone: (813)228-6334 |
Franchisor is a privately-held company with 35 employee(s); 35 employee(s) in franchise department.
Franchise Growth
| Year | U.S. Franchises | Canadian Franchises | Foreign Franchises | Company Owned |
| 2009 | 42 | 0 | 0 | 0 |
| 2008 | 11 | 0 | 0 | 0 |
| 2007 | N/A | N/A | N/A | 0 |
| 2006 | N/A | N/A | N/A | 0 |
| 2005 | N/A | N/A | N/A | 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, Utah, Virginia, Vermont, Washington, Wisconsin, West virginia, Wyoming
Exclusive territories available.
Territory size: Upon request
Costs and Fees
|
Total investment: $157.3K-487.8K Franchise fee: $50K-100K |
Ongoing royalty fee: $6.3K-10.5K/mo. Term of agreement: 10 years, renewable |
Type of Financing Available
| In-House | Third Party | |
| Franchise Fee | No | No |
| Startup Costs | No | No |
| Equipment | No | No |
| Inventory | No | No |
| Accounts Receivable | No | No |
| Payroll | No | No |
Qualifications
Net worth requirement: $500K
Cash liquidity requirement: $200K
Business Experience:
- Industry experience
- General business experience
- Marketing skills
- Health care experience a plus
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)
Training and Support
Training
Ongoing Support
Marketing Support
- 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