Start-Up Costs and Fees |
||
| Medifast | Precision Fitness | |
| Investment | 148000 - 269000 | 87550 - 107000 |
| Franchise Fee | ||
| Royalty Fee | ||
| Advertising Fee | ||
| Year Founded | 1980 | 0 |
| Year Franchised | 2007 | 0 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Medifast | Precision Fitness | |
| Experience | ||
Financing Options |
||
| Medifast | Precision Fitness | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| Medifast | Precision Fitness | |
| 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 | Precision Fitness | |
| US Expansion | ||
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Medifast | |
| Precision Fitness | |
| Franchise Fee | |
| Medifast | |
| Precision Fitness | |
| Royalty Fee | |
| Medifast | |
| Precision Fitness | |
| Advertising Fee | |
| Medifast | |
| Precision Fitness | |
| Year Founded | |
| Medifast | 1980 |
| Precision Fitness | 0 |
| Year Franchised | |
| Medifast | 2007 |
| Precision Fitness | 0 |
| Term Of Agreement | |
| Medifast | |
| Precision Fitness | |
| Renewal Fee | |
| Medifast | |
| Precision Fitness | |
Business Experience Requirements |
|
| Experience | |
| Medifast | |
| Precision Fitness | |
Financing Options |
|
| Franchise Fees | |
| Medifast | |
| Precision Fitness | |
| Start-up Costs | |
| Medifast | |
| Precision Fitness | |
| Equipment | |
| Medifast} | |
| Precision Fitness | |
| Inventory | |
| Medifast | |
| Precision Fitness | |
| Receivables | |
| Medifast | |
| Precision Fitness | |
| Payroll | |
| Medifast | |
| Precision Fitness | |
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 |
| Precision Fitness | |
| 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 |
| Precision Fitness | |
| 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 |
| Precision Fitness | |
| Operations | |
| Medifast | |
| Precision Fitness | |
Expansion Plans |
|
| US Expansion | |
| Medifast | |
| Precision Fitness | |
| Canada Expansion | |
| Medifast | |
| Precision Fitness | |
| International Expansion | |
| Medifast | |
| Precision Fitness | |