Thinique Medical Weight Loss

At a Glance

Products & Services: Medical weight-loss services and low-testosterone treatment

Number of Locations: 11

Total Investment: $156.2K - $299.9K

Founded: 2010

Began Franchising: 2013

Franchise Units

Year U.S. Canadian International Company Owned
2014 9 0 0 2
2013 4 0 0 2
Where Seeking Franchisees: Franchisor is seeking new franchise units throughout the U.S.
Direct Capital

Startup Costs, Ongoing Fees and Financing

Total Investment: $156,185 - $299,885
Franchise Fee: $49,000
Ongoing Royalty Fee: 7%
Term of Franchise Agreement: 10 years, renewable
Veteran Incentives: 10% off franchise fee
Financial Requirements
Net Worth: $250,000
Liquid Cash Available: $100,000
Operations
96% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 6. Absentee ownership of franchise is allowed..

How This Franchise Supports Franchisees

Training: Available at headquarters: 2 days. At franchisee's location: 3 days.
Ongoing Support: Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives, Lease Negotiation
Marketing Support: Co-op advertising,
Other marketing support: Marketing resources

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