Start-Up Costs and Fees |
||
| Medifast | Personal Training Institute Franchise Ventures LLC | |
| Investment | 148000 - 269000 | 112050 - 221500 |
| Franchise Fee | ||
| Royalty Fee | 6% | |
| Advertising Fee | 4% | |
| Year Founded | 1980 | 1987 |
| Year Franchised | 2007 | 2005 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Medifast | Personal Training Institute Franchise Ventures LLC | |
| Experience | ||
Financing Options |
||
| Medifast | Personal Training Institute Franchise Ventures LLC | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Medifast | Personal Training Institute Franchise Ventures LLC | |
| 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 | Personal Training Institute Franchise Ventures LLC | |
| US Expansion | ||
| Canada Expansion | 0 | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Medifast | |
| Personal Training Institute Franchise Ventures LLC | |
| Franchise Fee | |
| Medifast | |
| Personal Training Institute Franchise Ventures LLC | |
| Royalty Fee | |
| Medifast | |
| Personal Training Institute Franchise Ventures LLC | 6% |
| Advertising Fee | |
| Medifast | |
| Personal Training Institute Franchise Ventures LLC | 4% |
| Year Founded | |
| Medifast | 1980 |
| Personal Training Institute Franchise Ventures LLC | 1987 |
| Year Franchised | |
| Medifast | 2007 |
| Personal Training Institute Franchise Ventures LLC | 2005 |
| Term Of Agreement | |
| Medifast | |
| Personal Training Institute Franchise Ventures LLC | 10 years |
| Renewal Fee | |
| Medifast | |
| Personal Training Institute Franchise Ventures LLC | 25% of franchise fee |
Business Experience Requirements |
|
| Experience | |
| Medifast | |
| Personal Training Institute Franchise Ventures LLC | |
Financing Options |
|
| Franchise Fees | |
| Medifast | |
| Personal Training Institute Franchise Ventures LLC | |
| Start-up Costs | |
| Medifast | |
| Personal Training Institute Franchise Ventures LLC | |
| Equipment | |
| Medifast} | |
| Personal Training Institute Franchise Ventures LLC | |
| Inventory | |
| Medifast | |
| Personal Training Institute Franchise Ventures LLC | |
| Receivables | |
| Medifast | |
| Personal Training Institute Franchise Ventures LLC | |
| Payroll | |
| Medifast | |
| Personal Training Institute Franchise Ventures LLC | |
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 |
| Personal Training Institute Franchise Ventures LLC | |
| 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 |
| Personal Training Institute Franchise Ventures LLC | |
| 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 |
| Personal Training Institute Franchise Ventures LLC | |
| Operations | |
| Medifast | |
| Personal Training Institute Franchise Ventures LLC | |
Expansion Plans |
|
| US Expansion | |
| Medifast | |
| Personal Training Institute Franchise Ventures LLC | |
| Canada Expansion | |
| Medifast | |
| Personal Training Institute Franchise Ventures LLC | 0 |
| International Expansion | |
| Medifast | |
| Personal Training Institute Franchise Ventures LLC | |