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2022 Franchise 500 Rank
N/R Not ranked last year
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Initial investment
$105K - $183K
Units as of 2017
44 18% over 3 years

Company Overview

About Physicians Weight Loss Centers

Founded
1979
Parent Company
The Health Management Group Inc.
Leadership
Charles Sekeres, Founder and CEO

Franchising Overview

Franchising Since
1980 (42 years)
# of employees at HQ
20
Where seeking

This company is seeking new franchisees in the following US states:

# of Units
44 (as of 2017)

Franchisor Information

Social
Facebook, Twitter
Corporate Address
395 Springside Dr.
Akron, OH 44333

Information for Franchisees

Here’s what you need to know if you’re interested in opening a Physicians Weight Loss Centers 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
$35,000
Initial Investment
$104,643 - $182,857
Net Worth Requirement
$100,000
Cash Requirement
$50,000
Royalty Fee
5.5-3.5%
Ad Royalty Fee
$249/mo.
Term of Agreement
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
Physicians Weight Loss Centers has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment

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
Additional Training
Ongoing
Ongoing Support
Newsletter
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Security & Safety Procedures
Field Operations
Marketing Support
Ad Templates
Marketing Planning & Support

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
Are exclusive territories available?
Yes
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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