Start-Up Costs and Fees |
||
| Medifast | Hy-Tech Weight Loss | |
| Investment | 148000 - 269000 | 44100 - 117500 |
| Franchise Fee | ||
| Royalty Fee | ||
| Advertising Fee | ||
| Year Founded | 1980 | 2004 |
| Year Franchised | 2007 | 2005 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Medifast | Hy-Tech Weight Loss | |
| Experience | ||
Financing Options |
||
| Medifast | Hy-Tech Weight Loss | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| Medifast | Hy-Tech Weight Loss | |
| 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 | Hy-Tech Weight Loss | |
| US Expansion | ||
| Canada Expansion | 0 | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Medifast | |
| Hy-Tech Weight Loss | |
| Franchise Fee | |
| Medifast | |
| Hy-Tech Weight Loss | |
| Royalty Fee | |
| Medifast | |
| Hy-Tech Weight Loss | |
| Advertising Fee | |
| Medifast | |
| Hy-Tech Weight Loss | |
| Year Founded | |
| Medifast | 1980 |
| Hy-Tech Weight Loss | 2004 |
| Year Franchised | |
| Medifast | 2007 |
| Hy-Tech Weight Loss | 2005 |
| Term Of Agreement | |
| Medifast | |
| Hy-Tech Weight Loss | |
| Renewal Fee | |
| Medifast | |
| Hy-Tech Weight Loss | |
Business Experience Requirements |
|
| Experience | |
| Medifast | |
| Hy-Tech Weight Loss | |
Financing Options |
|
| Franchise Fees | |
| Medifast | |
| Hy-Tech Weight Loss | |
| Start-up Costs | |
| Medifast | |
| Hy-Tech Weight Loss | |
| Equipment | |
| Medifast} | |
| Hy-Tech Weight Loss | |
| Inventory | |
| Medifast | |
| Hy-Tech Weight Loss | |
| Receivables | |
| Medifast | |
| Hy-Tech Weight Loss | |
| Payroll | |
| Medifast | |
| Hy-Tech Weight Loss | |
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 |
| Hy-Tech Weight Loss | |
| 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 |
| Hy-Tech Weight Loss | |
| 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 |
| Hy-Tech Weight Loss | |
| Operations | |
| Medifast | |
| Hy-Tech Weight Loss | |
Expansion Plans |
|
| US Expansion | |
| Medifast | |
| Hy-Tech Weight Loss | |
| Canada Expansion | |
| Medifast | |
| Hy-Tech Weight Loss | 0 |
| International Expansion | |
| Medifast | |
| Hy-Tech Weight Loss | |