Start-Up Costs and Fees |
||
| Medifast | Hungry Heart | |
| Investment | 148000 - 269000 | 43000 - 57000 |
| Franchise Fee | ||
| Royalty Fee | 6% | |
| Advertising Fee | ||
| Year Founded | 1980 | 1996 |
| Year Franchised | 2007 | 2006 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Medifast | Hungry Heart | |
| Experience | ||
Financing Options |
||
| Medifast | Hungry Heart | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Medifast | Hungry Heart | |
| 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 | Hungry Heart | |
| US Expansion | ||
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Medifast | |
| Hungry Heart | |
| Franchise Fee | |
| Medifast | |
| Hungry Heart | |
| Royalty Fee | |
| Medifast | |
| Hungry Heart | 6% |
| Advertising Fee | |
| Medifast | |
| Hungry Heart | |
| Year Founded | |
| Medifast | 1980 |
| Hungry Heart | 1996 |
| Year Franchised | |
| Medifast | 2007 |
| Hungry Heart | 2006 |
| Term Of Agreement | |
| Medifast | |
| Hungry Heart | 7 years |
| Renewal Fee | |
| Medifast | |
| Hungry Heart | $500 |
Business Experience Requirements |
|
| Experience | |
| Medifast | |
| Hungry Heart | |
Financing Options |
|
| Franchise Fees | |
| Medifast | |
| Hungry Heart | |
| Start-up Costs | |
| Medifast | |
| Hungry Heart | |
| Equipment | |
| Medifast} | |
| Hungry Heart | |
| Inventory | |
| Medifast | |
| Hungry Heart | |
| Receivables | |
| Medifast | |
| Hungry Heart | |
| Payroll | |
| Medifast | |
| Hungry Heart | |
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 |
| Hungry Heart | |
| 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 |
| Hungry Heart | |
| 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 |
| Hungry Heart | |
| Operations | |
| Medifast | |
| Hungry Heart | |
Expansion Plans |
|
| US Expansion | |
| Medifast | |
| Hungry Heart | |
| Canada Expansion | |
| Medifast | |
| Hungry Heart | |
| International Expansion | |
| Medifast | |
| Hungry Heart | |