Nuviva Medical Weight Loss

Medically-supervised weight-loss clinic
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Franchise 500 Rank
N/R Not ranked last year
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Initial investment
$160K - $230K
Unit data is unavailable
N/A

Company Overview

About Nuviva Medical Weight Loss

Related Categories Miscellaneous Health Services, Weight-Loss Services
Founded 2008
Leadership Alex Joseph, Founder and CEO
Corporate Address 13450 Parker Commons Ct., #105
Ft. Myers, FL 33912

Business Overview

Franchising Since 2010 (14 years)
# of employees at HQ 7
Where seeking

This company is offering new franchises throughout the US.

Information for Franchisees

Here's what you need to know if you're interested in opening a Nuviva Medical Weight Loss 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 Information Circle
$75,000
Initial Investment Information Circle
$160,100 - $229,600
Net Worth Requirement Information Circle
$500,000
Cash Requirement Information Circle
$250,000
Royalty Fee Information Circle
7%
Ad Royalty Fee Information Circle
3%
Term of Agreement Information Circle
5 years
Is franchise term renewable? Yes
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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 Nuviva Medical Weight Loss 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 5 days
Classroom Training 2 days
Ongoing Support
Meetings & Conventions
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? Information Circle
No
Can this franchise be run part time? Information Circle
No
# of employees required to run 4-6
Are exclusive territories available? Information Circle
No
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Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise or business opportunity by Entrepreneur Media. Our listings and rankings are solely research tools you can use to compare opportunities. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise or business opportunity. That should include reviewing the company's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees/licensees/dealers.
Updated: December 12th, 2022