Start-Up Costs and Fees |
||
| Medifast | Ellipse Fitness | |
| Investment | 148000 - 269000 | 80000 - 120000 |
| Franchise Fee | ||
| Royalty Fee | 5% | |
| Advertising Fee | ||
| Year Founded | 1980 | 2002 |
| Year Franchised | 2007 | 2006 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Medifast | Ellipse Fitness | |
| Experience | ||
Financing Options |
||
| Medifast | Ellipse Fitness | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| Medifast | Ellipse Fitness | |
| Training | Comprehensive Training Programs: Program and product training Operational training Weight-loss consultation and member management training Sales training Continuing education programs | |
| 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 | |
| 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 | |
| Operations | ||
Expansion Plans |
||
| Medifast | Ellipse 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 | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Medifast | |
| Ellipse Fitness | |
| Franchise Fee | |
| Medifast | |
| Ellipse Fitness | |
| Royalty Fee | |
| Medifast | |
| Ellipse Fitness | 5% |
| Advertising Fee | |
| Medifast | |
| Ellipse Fitness | |
| Year Founded | |
| Medifast | 1980 |
| Ellipse Fitness | 2002 |
| Year Franchised | |
| Medifast | 2007 |
| Ellipse Fitness | 2006 |
| Term Of Agreement | |
| Medifast | |
| Ellipse Fitness | |
| Renewal Fee | |
| Medifast | |
| Ellipse Fitness | |
Business Experience Requirements |
|
| Experience | |
| Medifast | |
| Ellipse Fitness | |
Financing Options |
|
| Franchise Fees | |
| Medifast | |
| Ellipse Fitness | |
| Start-up Costs | |
| Medifast | |
| Ellipse Fitness | |
| Equipment | |
| Medifast} | |
| Ellipse Fitness | |
| Inventory | |
| Medifast | |
| Ellipse Fitness | |
| Receivables | |
| Medifast | |
| Ellipse Fitness | |
| Payroll | |
| Medifast | |
| Ellipse 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 |
| Ellipse Fitness | |
| 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 |
| Ellipse Fitness | |
| 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 |
| Ellipse Fitness | |
| Operations | |
| Medifast | |
| Ellipse Fitness | |
Expansion Plans |
|
| US Expansion | |
| Medifast | |
| Ellipse 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 | |
| Ellipse Fitness | |
| International Expansion | |
| Medifast | |
| Ellipse Fitness | |