Start-Up Costs and Fees |
||
| Medifast | QuickHIT Fitness Lab | |
| Investment | 148000 - 269000 | 127830 - 157500 |
| Franchise Fee | ||
| Royalty Fee | ||
| Advertising Fee | ||
| Year Founded | 1980 | 2017 |
| Year Franchised | 2007 | 2018 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Medifast | QuickHIT Fitness Lab | |
| Experience | ||
Financing Options |
||
| Medifast | QuickHIT Fitness Lab | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| Medifast | QuickHIT Fitness Lab | |
| 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 | QuickHIT Fitness Lab | |
| 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 | |
| QuickHIT Fitness Lab | |
| Franchise Fee | |
| Medifast | |
| QuickHIT Fitness Lab | |
| Royalty Fee | |
| Medifast | |
| QuickHIT Fitness Lab | |
| Advertising Fee | |
| Medifast | |
| QuickHIT Fitness Lab | |
| Year Founded | |
| Medifast | 1980 |
| QuickHIT Fitness Lab | 2017 |
| Year Franchised | |
| Medifast | 2007 |
| QuickHIT Fitness Lab | 2018 |
| Term Of Agreement | |
| Medifast | |
| QuickHIT Fitness Lab | |
| Renewal Fee | |
| Medifast | |
| QuickHIT Fitness Lab | |
Business Experience Requirements |
|
| Experience | |
| Medifast | |
| QuickHIT Fitness Lab | |
Financing Options |
|
| Franchise Fees | |
| Medifast | |
| QuickHIT Fitness Lab | |
| Start-up Costs | |
| Medifast | |
| QuickHIT Fitness Lab | |
| Equipment | |
| Medifast} | |
| QuickHIT Fitness Lab | |
| Inventory | |
| Medifast | |
| QuickHIT Fitness Lab | |
| Receivables | |
| Medifast | |
| QuickHIT Fitness Lab | |
| Payroll | |
| Medifast | |
| QuickHIT Fitness Lab | |
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 |
| QuickHIT Fitness Lab | |
| 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 |
| QuickHIT Fitness Lab | |
| 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 |
| QuickHIT Fitness Lab | |
| Operations | |
| Medifast | |
| QuickHIT Fitness Lab | |
Expansion Plans |
|
| US Expansion | |
| Medifast | |
| QuickHIT Fitness Lab | 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 | |
| QuickHIT Fitness Lab | |
| International Expansion | |
| Medifast | |
| QuickHIT Fitness Lab | |