Start-Up Costs and Fees |
||
| Medifast | High Altitude Personal Training | |
| Investment | 148000 - 269000 | 261270 - 365520 |
| Franchise Fee | ||
| Royalty Fee | 6% | |
| Advertising Fee | 3% | |
| Year Founded | 1980 | 2009 |
| Year Franchised | 2007 | 2015 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Medifast | High Altitude Personal Training | |
| Experience | If you have a true interest in or even a passion for fitness, then it is not necessary for you to have prior fitness industry experience. Having basic business and computer skills, plus sales and customer relations skills will also be a plus. You or your staff should have proper certifications and credentials to provide personal training services. We prefer owner-operators - or on-site managers - who can commit to the daily management of the business. We welcome single unit owners as well as qualified multi-unit owners. | |
Financing Options |
||
| Medifast | High Altitude Personal Training | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| Medifast | High Altitude Personal Training | |
| Training | Comprehensive Training Programs: Program and product training Operational training Weight-loss consultation and member management training Sales training Continuing education programs | At a corporate location and onsite in your territory, as well as ongoing refresher training and business planning meetings. Modular headquarters-based training for up to 3 people total, lasting up to 18 days and covering sales, administration, personal training techniques and assessments, and much more. One of our representatives will spend up to seven days in two visits assisting you and your staff on-site at your gym. We'll also present you with a copy of our confidential operations manual to help you run your business properly on a day-to-day basis. |
| 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 | * Start-up: including site selection, design and layout of your gym, equipment needs, and more. * Training: both at a corporate location and onsite in your territory, as well as ongoing refresher training and business planning meetings. * Marketing: including help with your Grand Opening campaign so you can hit the ground running. * Operations: a copy of our detailed confidential manual containing the procedures, processes, forms, and tactics you need to run an effective personal training franchise. * Technology: access to our proprietary management software, complete with online business and client management tools - including schedules, personalized progress plans and charts, billing and reporting, and more! |
| 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 | High Altitude Personal Training | |
| US Expansion | ||
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Medifast | |
| High Altitude Personal Training | |
| Franchise Fee | |
| Medifast | |
| High Altitude Personal Training | |
| Royalty Fee | |
| Medifast | |
| High Altitude Personal Training | 6% |
| Advertising Fee | |
| Medifast | |
| High Altitude Personal Training | 3% |
| Year Founded | |
| Medifast | 1980 |
| High Altitude Personal Training | 2009 |
| Year Franchised | |
| Medifast | 2007 |
| High Altitude Personal Training | 2015 |
| Term Of Agreement | |
| Medifast | |
| High Altitude Personal Training | |
| Renewal Fee | |
| Medifast | |
| High Altitude Personal Training | |
Business Experience Requirements |
|
| Experience | |
| Medifast | |
| High Altitude Personal Training | If you have a true interest in or even a passion for fitness, then it is not necessary for you to have prior fitness industry experience. Having basic business and computer skills, plus sales and customer relations skills will also be a plus. You or your staff should have proper certifications and credentials to provide personal training services. We prefer owner-operators - or on-site managers - who can commit to the daily management of the business. We welcome single unit owners as well as qualified multi-unit owners. |
Financing Options |
|
| Franchise Fees | |
| Medifast | |
| High Altitude Personal Training | |
| Start-up Costs | |
| Medifast | |
| High Altitude Personal Training | |
| Equipment | |
| Medifast} | |
| High Altitude Personal Training | |
| Inventory | |
| Medifast | |
| High Altitude Personal Training | |
| Receivables | |
| Medifast | |
| High Altitude Personal Training | |
| Payroll | |
| Medifast | |
| High Altitude Personal Training | |
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 |
| High Altitude Personal Training | At a corporate location and onsite in your territory, as well as ongoing refresher training and business planning meetings. Modular headquarters-based training for up to 3 people total, lasting up to 18 days and covering sales, administration, personal training techniques and assessments, and much more. One of our representatives will spend up to seven days in two visits assisting you and your staff on-site at your gym. We'll also present you with a copy of our confidential operations manual to help you run your business properly on a day-to-day basis. |
| 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 |
| High Altitude Personal Training | * Start-up: including site selection, design and layout of your gym, equipment needs, and more. * Training: both at a corporate location and onsite in your territory, as well as ongoing refresher training and business planning meetings. * Marketing: including help with your Grand Opening campaign so you can hit the ground running. * Operations: a copy of our detailed confidential manual containing the procedures, processes, forms, and tactics you need to run an effective personal training franchise. * Technology: access to our proprietary management software, complete with online business and client management tools - including schedules, personalized progress plans and charts, billing and reporting, and more! |
| 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 |
| High Altitude Personal Training | |
| Operations | |
| Medifast | |
| High Altitude Personal Training | |
Expansion Plans |
|
| US Expansion | |
| Medifast | |
| High Altitude Personal Training | |
| Canada Expansion | |
| Medifast | |
| High Altitude Personal Training | |
| International Expansion | |
| Medifast | |
| High Altitude Personal Training | |