Nuviva Medical Weight Loss

Nuviva Medical Weight Loss

Not Ranked

Initial Investment

LOW: $160,100
HIGH: $229,600

Change in Units

Fund Your Franchise with Guidant

Guidant Financal Learn how to invest your IRA or 401k into a franchise. ($50k min)

Promoted Opportunities

Company Profile

Founded

2008

Franchising Since

2010 (6 Years)

Corporate Address

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

CEO

Alex Joseph

Financials

Financial Requirements

Initial Investment

$160,100 - $229,600

Net-worth Requirement

$500,000

Liquid Cash Requirement

$250,000

Ongoing Fees

Initial Franchise Fee

$75,000

Ongoing Royalty Fee

7%

Ad Royalty Fee

3%

Financing Options

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

Units (Locations)

Operations & Franchisor Support

Training Onsite: 5 days

Training at headquarters: 2 days

Additional Training: 3-5 days on-site 30 days after opening

Ongoing Support
Meetings
Grand Opening
Internet
Security
Field Operations

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

Absentee Ownership Allowed

Number of employees required to run: 4 - 6

Related Franchises

Related Articles

This One Thing Is Key to Success in Business and Life

This One Thing Is Key to Success in Business and Life

It's critical for always-on-the-go entrepreneurs to care for their most important asset: themselves.
Entrepreneur Partner Studio Staff
4 Considerations for Entrepreneurs in the Minimum Wage Debate

4 Considerations for Entrepreneurs in the Minimum Wage Debate

If you're a small-business owner who hopes the fuss will die down after November -- it won't.
David Nilssen
20 Subway Facts That May Surprise You

20 Subway Facts That May Surprise You

From fashion shows to 11-inch 'footlongs,' these pieces of trivia may make your jaw drop enough to fit one of the restaurant's signature sandwiches.
Rose Leadem
Franchising's 4 Hottest Categories Offer Small Costs and Big Payoffs

Franchising's 4 Hottest Categories Offer Small Costs and Big Payoffs

As the cost of franchising continues to drop, motivated and cash-strapped entrepreneurs are paying their dues with sweat instead. Here are four of the year's hottest franchise categories that do more with less.
2 Artists Find Second Careers with a 'Paint and Sip' Franchise

2 Artists Find Second Careers with a 'Paint and Sip' Franchise

Using their knowledge and skills, this couple revamped their careers and finances.

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: October 8th, 2012

Reprints & Licensing
Update Your Listing
Submit New Listing

Regions/States List

More Franchise Rankings

Top Low-Cost Franchises

100 franchises for under $60,000

Top Homebased/Mobile Franchises

These 100 businesses can be managed from home

Fastest-Growing Franchises

These companies have shown rapid unit expansion over the last two years

Top New Franchises

The top 75 companies that began franchising in the last five years

Top Global Franchises

200 North American franchisors seeking international franchisees

For reprints and licensing questions, click here.

Previous Years Rankings

2016 2015 2014 2013 2012