Medi-Weightloss Franchising USA LLC

Medi-Weightloss Franchising USA LLC

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Promoted Opportunities

Medi-Weightloss Franchising USA LLC
#305

Initial Investment

LOW: $215,252
HIGH: $417,752

Change in Units

+10.3% +8 UNITS (1 Year)
+19.4% +14 UNITS (3 Years)

Company Profile

Founded

2004

Franchising Since

2008 (9 Years)

Corporate Address

509 S. Hyde Park Ave. Tampa, FL 33606

CEO

Edward Kaloust

About Medi-Weightloss Franchising USA LLC

After retiring from a career in financial services, diet and health enthusiast Edward Kaloust founded Medi-Weightloss in 2004 to offer physician-supervised weight-loss and fitness programs. The company began franchising in 2008.

Financials

Financial Requirements

Initial Investment

$215,252 - $417,752

Net-worth Requirement

$500,000

Liquid Cash Requirement

$300,000

Ongoing Fees

Initial Franchise Fee

$75,000

Ongoing Royalty Fee

$3.8K-$12.2K/mo.

Ad Royalty Fee

$250-$1.5K/mo.

Financing Options

Medi-Weightloss Franchising USA LLC has relationships with third-party sources which offer financing to cover the following: 
franchise fee, startup costs, equipment, inventory, accounts receivable, payroll

Units (Locations)

Where Seeking Franchisees:
Franchisor is seeking new franchise units worldwide.

Operations & Franchisor Support

Training Onsite: 3-5 days

Training at headquarters: 4-5 days

Ongoing Support
Purchasing Co-ops
Newsletter
Meetings
Toll-Free Line
Grand Opening
Internet
Security
Field Operations

Marketing Support
Co-op Advertising
Ad Slicks
National Media
Regional Media

Absentee Ownership Allowed

Number of employees required to run: 4 - 10

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Disclaimer

The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise.

Updated: September 29th, 2016

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