- Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$196K - $478K
- Units as of 2014
-
35
Company Overview
About Dr. G's Weight Loss & Wellness
Industry | Health & Wellness |
---|---|
Related Categories | Miscellaneous Health Services, Weight-Loss Services |
Founded | 2010 |
Leadership | Charlotte Russell, CEO |
Corporate Address |
4380 Oakes Rd., #807 Davie, FL 33314 |
Social | Facebook, Twitter |
Business Overview
Franchising Since | 2010 (14 years) |
---|---|
# of employees at HQ | 25 |
Where seeking |
This company is offering new franchises in the following US states: This company is offering new franchises in the following international regions: |
# of Units | 35 (as of 2014) |
|
Information for Franchisees
Here's what you need to know if you're interested in opening a Dr. G's Weight Loss & Wellness franchise.
Financial Requirements & Ongoing Fees
Here's what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
Initial Franchise Fee
|
$75,000 |
---|---|
Initial Investment
|
$196,350 - $478,100 |
Net Worth Requirement
|
$500,000 |
Cash Requirement
|
$300,000 |
Veteran Incentives
|
10% off franchise fee |
Royalty Fee
|
8% |
Ad Royalty Fee
|
3% |
Term of Agreement
|
20 years |
Is franchise term renewable? | Yes |
Financing Options
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
Third Party Financing | Dr. G's Weight Loss & Wellness has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll |
---|
Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
On-The-Job Training | 1 week |
---|---|
Classroom Training | 2 weeks |
Ongoing Support |
Newsletter
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Security & Safety Procedures
Lease Negotiation
Field Operations
|
Marketing Support |
Co-op Advertising
Ad Templates
National Media
Regional Advertising
|
Operations
Additional details about running this franchise.
Is absentee ownership allowed? | Yes |
---|---|
Can this franchise be run from home/mobile unit?
|
No |
Can this franchise be run part time?
|
No |
# of employees required to run | 5 |
Are exclusive territories available?
|
Yes |
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