- Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$207K - $435K
- Units as of 2024
-
104 13.0% over 3 years
Company Overview
About Medi-Weightloss
Industry | Health & Wellness |
---|---|
Related Categories | Miscellaneous Health Services, Weight-Loss Services |
Founded | 2004 |
Parent Company | Medi-Weightloss Franchising USA LLC |
Leadership | Ken Hall, CEO |
Corporate Address |
509 S. Hyde Park Ave. Tampa, FL 33606 |
Social | Facebook, Instagram, YouTube |
More from Medi-Weightloss
Shape the Wellness of Society with Proven and Effective Weight Loss Services
Increase your impact on the world by empowering people to lose weight for good and keep it off with a clinically proven program from Medi-Weightloss. Breakthrough weight loss medications are one tool but people need a step-by-step plan, community, the right foods, recipes, products & supplements, as well as personalized guidance to safely achieve their wellness goals. Our system is proven and has delivered results to 420,000 patients who have lost over 9,000,000 pounds to date!
Will you join us in giving people hope and inspiring confidence with real results?
An alarming number of people are fighting their own bodies for control to achieve a healthy weight. Many of our franchise owners are people who initially went through our weight loss program or witnessed the transformation of a friend or colleague.
Known as “the one that works”, the Medi-Weightloss program offers people a chance to finally take the future of their health into their own hands and regain confidence by shedding weight without surgery or solely relying on medication to achieve their wellness goals.
There’s a reason that the weight loss industry grew to $90 billion dollars in 2023, and that’s because the number of overweight or obese people in America has significantly grown year over year to reach record levels. People who have tried to lose weight and failed are happy to pay for results, and that’s what keeps Medi-Weightloss clients in our ecosystem. They’re able to lose weight and maintain that weight loss.
There’s a growing market for people who want weight loss results right now
- 74% of Adults are overweight (BMI 25-29) or obese (BMI >30)
- 22% of Children 12-19 years old are obese (BMI >30)
- Obesity is a disease that raises the risk of death
- It can trigger a range of chronic diseases such as hypertension, lipid disorders, Diabetes, heart disease, stroke, osteoarthritis, sleep apnea and cancer
- Obesity adds an estimated $173 Billion in excess medical costs every year
With an increasing number of people focusing on their health, they’re taking action and investing in what’s most important to them - their bodies. This includes the weight-loss medications you see in the news, but expands to an increased demand for health, wellness, nutrition, appearance, sleep, and mindfulness products and services.
The Medi-Weightloss program is effective because we focus on the many human needs that accompany weight loss to deliver a new lifestyle.
Revenue:
Medi-Weightloss partners enjoy diverse revenue streams from happy patients who are thrilled to increase their odds to lose weight and keep it off. The turnkey system provides the opportunity for in-person patient visits and treatments, custom-tailored community programs to help even more people, plus the right foods, supplements, and weight-loss products that help people stay on track.
Getting Started:
Partner with us and you can access:
- A highly effective, easily replicable weight-loss system
- Simple training that covers everything you need to learn
- A 50+ person corporate support team
- Clinical support with Medical and scientific experts
- Regional Franchise Consultants to support growth
- Done-for-you marketing materials designed to bring you in patient leads
- Advantage Clinic Management Software: a turnkey software package for managing your clinic operation
Business Overview
Franchising Since | 2008 (16 years) |
---|---|
# of employees at HQ | 44 |
Where seeking |
This company is offering new franchises throughout the US. |
# of Units | 104 (as of 2024) |
|
Information for Franchisees
Here's what you need to know if you're interested in opening a Medi-Weightloss 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
|
$45,000 |
---|---|
Initial Investment
|
$207,000 - $435,000 |
Net Worth Requirement
|
$500,000 |
Cash Requirement
|
$300,000 |
Royalty Fee
|
10% |
Ad Royalty Fee
|
1% |
Term of Agreement
|
10 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 | Medi-Weightloss has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll |
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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 | Ongoing |
---|---|
Classroom Training | 40 hours |
Ongoing Support |
Purchasing Co-ops
Newsletter
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Security & Safety Procedures
Lease Negotiation
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform
|
Marketing Support |
Co-op Advertising
Ad Templates
National Media
Regional Advertising
Social Media
SEO
Website Development
Email Marketing
Loyalty Program/App
|
Operations
Additional details about running this franchise.
Is absentee ownership allowed? | No |
---|---|
Can this franchise be run from home/mobile unit?
|
No |
Can this franchise be run part time?
|
No |
# of employees required to run | 3-6 |
Are exclusive territories available?
|
Yes |
Franchise 500 Ranking History
Compare where Medi-Weightloss landed on this year's Franchise 500 Ranking versus previous years.
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