Start-Up Costs and Fees |
||
| Medifast | Eat the Frog Fitness | |
| Investment | 148000 - 269000 | 522000 - 706500 |
| Franchise Fee | ||
| Royalty Fee | 7% | |
| Advertising Fee | 1% | |
| Year Founded | 1980 | 2015 |
| Year Franchised | 2007 | 2016 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Medifast | Eat the Frog Fitness | |
| Experience | ||
Financing Options |
||
| Medifast | Eat the Frog Fitness | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| Medifast | Eat the Frog Fitness | |
| Training | Comprehensive Training Programs: Program and product training Operational training Weight-loss consultation and member management training Sales training Continuing education programs | On-The-Job Training: 68 hours Classroom Training: 20 hours Additional Training: As needed |
| Support | 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 | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Marketing | 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 | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Operations | Number of Employees Required to Run: 6 | |
Expansion Plans |
||
| Medifast | Eat the Frog Fitness | |
| US Expansion | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming | |
| Canada Expansion | Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Medifast | |
| Eat the Frog Fitness | |
| Franchise Fee | |
| Medifast | |
| Eat the Frog Fitness | |
| Royalty Fee | |
| Medifast | |
| Eat the Frog Fitness | 7% |
| Advertising Fee | |
| Medifast | |
| Eat the Frog Fitness | 1% |
| Year Founded | |
| Medifast | 1980 |
| Eat the Frog Fitness | 2015 |
| Year Franchised | |
| Medifast | 2007 |
| Eat the Frog Fitness | 2016 |
| Term Of Agreement | |
| Medifast | |
| Eat the Frog Fitness | |
| Renewal Fee | |
| Medifast | |
| Eat the Frog Fitness | |
Business Experience Requirements |
|
| Experience | |
| Medifast | |
| Eat the Frog Fitness | |
Financing Options |
|
| Franchise Fees | |
| Medifast | |
| Eat the Frog Fitness | |
| Start-up Costs | |
| Medifast | |
| Eat the Frog Fitness | |
| Equipment | |
| Medifast} | |
| Eat the Frog Fitness | |
| Inventory | |
| Medifast | |
| Eat the Frog Fitness | |
| Receivables | |
| Medifast | |
| Eat the Frog Fitness | |
| Payroll | |
| Medifast | |
| Eat the Frog Fitness | |
Training & Support |
|
| Training | |
| Medifast | Comprehensive Training Programs: Program and product training Operational training Weight-loss consultation and member management training Sales training Continuing education programs |
| Eat the Frog Fitness | On-The-Job Training: 68 hours Classroom Training: 20 hours Additional Training: As needed |
| Support | |
| 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 |
| Eat the Frog Fitness | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Marketing | |
| 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 |
| Eat the Frog Fitness | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Operations | |
| Medifast | |
| Eat the Frog Fitness | Number of Employees Required to Run: 6 |
Expansion Plans |
|
| US Expansion | |
| Medifast | |
| Eat the Frog Fitness | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| Canada Expansion | |
| Medifast | |
| Eat the Frog Fitness | Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory |
| International Expansion | |
| Medifast | |
| Eat the Frog Fitness | |