Medifast vs Look Good Naked Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Medifast vs Look Good Naked including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
  Medifast Look Good Naked
Investment 148000 - 269000 6367 - 21100
Franchise Fee
Royalty Fee 20% (up to 10% available in performance and quality rebates)
Advertising Fee $15 /mo.
Year Founded 1980 2004
Year Franchised 2007 2013
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements
  Medifast Look Good Naked
Experience

Financing Options
  Medifast Look Good Naked
 
Franchise Fees
Start-up Costs
Equipment
Inventory
Receivables
Payroll

Training & Support
  Medifast Look Good Naked
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 Since your success is directly tied to our success, whether it's your first business or your last business, our support team is there to help you achieve the results you're looking for in a business. Franchisees will learn how to construct a business and marketing plan based on the size of business you want to run and then we'll coach you along the way to help you get there. Franchisees receive weekly education and training for ongoing development, plus we provide the educational tools and support needed for all LGN participants.
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 Look Good Naked
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
Look Good Naked
Franchise Fee
Medifast
Look Good Naked
Royalty Fee
Medifast
Look Good Naked 20% (up to 10% available in performance and quality rebates)
Advertising Fee
Medifast
Look Good Naked $15 /mo.
Year Founded
Medifast 1980
Look Good Naked 2004
Year Franchised
Medifast 2007
Look Good Naked 2013
Term Of Agreement
Medifast
Look Good Naked 3 years
Renewal Fee
Medifast
Look Good Naked


Business Experience Requirements
Experience
Medifast
Look Good Naked

Financing Options
 
Franchise Fees
Medifast
Look Good Naked
Start-up Costs
Medifast
Look Good Naked
Equipment
Medifast}
Look Good Naked
Inventory
Medifast
Look Good Naked
Receivables
Medifast
Look Good Naked
Payroll
Medifast
Look Good Naked

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
Look Good Naked
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
Look Good Naked Since your success is directly tied to our success, whether it's your first business or your last business, our support team is there to help you achieve the results you're looking for in a business. Franchisees will learn how to construct a business and marketing plan based on the size of business you want to run and then we'll coach you along the way to help you get there. Franchisees receive weekly education and training for ongoing development, plus we provide the educational tools and support needed for all LGN participants.
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
Look Good Naked
Operations
Medifast
Look Good Naked

Expansion Plans
US Expansion
Medifast
Look Good Naked 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
Look Good Naked
International Expansion
Medifast
Look Good Naked