Nuviva Medical Weight Loss

Medically-supervised weight-loss clinic
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2021 Franchise 500 Rank
N/R Not ranked last year
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Initial investment
$160K - $230K
Units as of 2012
10

Company Overview

About Nuviva Medical Weight Loss

Founded
2008
Leadership
Alex Joseph, Founder and CEO

Franchising Overview

Franchising Since
2010 (11 years)
# of employees at HQ
7
# of Units
10 (as of 2012)

Franchisor Information

Corporate Address
13450 Parker Commons Ct., #105
Ft. Myers, FL 33912

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
$75,000
Initial Investment
$160,100 - $229,600
Net Worth Requirement
$500,000
Cash Requirement
$250,000
Royalty Fee
7%
Ad Royalty Fee
3%
Term of Agreement
5 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
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
Additional Training
3-5 days on-site 30 days after opening
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?
No
Can this franchise be run from home/mobile unit?
No
Can this franchise be run part time?
No
# of employees required to run
4
Are exclusive territories available?
No

Franchise 500 Ranking History

Compare where Nuviva Medical Weight Loss landed on this year’s Franchise 500 Ranking versus previous years.

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Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise by Entrepreneur Media. Our franchise listings and rankings are solely research tools you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise. That should include reviewing the franchisor's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees.
Updated: February 8th, 2021