Start-Up Costs and Fees |
||
| LA Weight Loss Centers | Medifast | |
| Investment | 67200 - 120400 | 148000 - 269000 |
| Franchise Fee | ||
| Royalty Fee | 7% | |
| Advertising Fee | ||
| Year Founded | 1989 | 1980 |
| Year Franchised | 1998 | 2007 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| LA Weight Loss Centers | Medifast | |
| Experience | ||
Financing Options |
||
| LA Weight Loss Centers | Medifast | |
| Franchise Fees | Yes | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| LA Weight Loss Centers | Medifast | |
| Training | Comprehensive Training Programs: Program and product training Operational training Weight-loss consultation and member management training Sales training Continuing education programs | |
| Support | Meetings, Toll-free phone line, Grand opening, Field operations/evaluations | Real Estate, Construction and Business Development: Comprehensive Real Estate & Construction Manual Comprehensive Business Start-Up Manual Demographics research and site selection assistance Dedicated center start-up specialists General Operations Support: Program and product support teams Grand opening support Product ordering support Member management |
| Marketing | Ad slicks, National media, Regional advertising | Corporate branding corporate website, national TV, and national print Public relations support Best practices support in advertising and marketing, including print, radio, television, and local campaigns Lead management system Interactive content managed website for your local business Local search engine optimization and search engine management Social media resources and applications |
| Operations | ||
Expansion Plans |
||
| LA Weight Loss Centers | Medifast | |
| US Expansion | Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North Carolina, North Dakota, New Hampshire, New Jersey, New Mexico, Nevada, New York, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West Virginia, Wyoming, | |
| Canada Expansion | 0 | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| LA Weight Loss Centers | |
| Medifast | |
| Franchise Fee | |
| LA Weight Loss Centers | |
| Medifast | |
| Royalty Fee | |
| LA Weight Loss Centers | 7% |
| Medifast | |
| Advertising Fee | |
| LA Weight Loss Centers | |
| Medifast | |
| Year Founded | |
| LA Weight Loss Centers | 1989 |
| Medifast | 1980 |
| Year Franchised | |
| LA Weight Loss Centers | 1998 |
| Medifast | 2007 |
| Term Of Agreement | |
| LA Weight Loss Centers | 10 years |
| Medifast | |
| Renewal Fee | |
| LA Weight Loss Centers | |
| Medifast | |
Business Experience Requirements |
|
| Experience | |
| LA Weight Loss Centers | |
| Medifast | |
Financing Options |
|
| Franchise Fees | |
| LA Weight Loss Centers | Yes |
| Medifast | Yes |
| Start-up Costs | |
| LA Weight Loss Centers | |
| Medifast | |
| Equipment | |
| LA Weight Loss Centers} | |
| Medifast | |
| Inventory | |
| LA Weight Loss Centers | |
| Medifast | |
| Receivables | |
| LA Weight Loss Centers | |
| Medifast | |
| Payroll | |
| LA Weight Loss Centers | |
| Medifast | |
Training & Support |
|
| Training | |
| LA Weight Loss Centers | |
| Medifast | Comprehensive Training Programs: Program and product training Operational training Weight-loss consultation and member management training Sales training Continuing education programs |
| Support | |
| LA Weight Loss Centers | Meetings, Toll-free phone line, Grand opening, Field operations/evaluations |
| Medifast | Real Estate, Construction and Business Development: Comprehensive Real Estate & Construction Manual Comprehensive Business Start-Up Manual Demographics research and site selection assistance Dedicated center start-up specialists General Operations Support: Program and product support teams Grand opening support Product ordering support Member management |
| Marketing | |
| LA Weight Loss Centers | Ad slicks, National media, Regional advertising |
| Medifast | Corporate branding corporate website, national TV, and national print Public relations support Best practices support in advertising and marketing, including print, radio, television, and local campaigns Lead management system Interactive content managed website for your local business Local search engine optimization and search engine management Social media resources and applications |
| Operations | |
| LA Weight Loss Centers | |
| Medifast | |
Expansion Plans |
|
| US Expansion | |
| LA Weight Loss Centers | Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North Carolina, North Dakota, New Hampshire, New Jersey, New Mexico, Nevada, New York, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West Virginia, Wyoming, |
| Medifast | |
| Canada Expansion | |
| LA Weight Loss Centers | 0 |
| Medifast | |
| International Expansion | |
| LA Weight Loss Centers | |
| Medifast | |