Start-Up Costs and Fees |
||
| Medifast | RedLine Athletics | |
| Investment | 148000 - 269000 | 245733 - 452483 |
| Franchise Fee | ||
| Royalty Fee | 7% | |
| Advertising Fee | 1% | |
| Year Founded | 1980 | 2013 |
| Year Franchised | 2007 | 2013 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Medifast | RedLine Athletics | |
| Experience | ||
Financing Options |
||
| Medifast | RedLine Athletics | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| Medifast | RedLine Athletics | |
| Training | Comprehensive Training Programs: Program and product training Operational training Weight-loss consultation and member management training Sales training Continuing education programs | On-The-Job Training: 20 hours Classroom Training: 20 hours |
| 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 | Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Franchisee Intranet Platform |
| 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 | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing |
| Operations | ||
Expansion Plans |
||
| Medifast | RedLine Athletics | |
| 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 | |
| RedLine Athletics | |
| Franchise Fee | |
| Medifast | |
| RedLine Athletics | |
| Royalty Fee | |
| Medifast | |
| RedLine Athletics | 7% |
| Advertising Fee | |
| Medifast | |
| RedLine Athletics | 1% |
| Year Founded | |
| Medifast | 1980 |
| RedLine Athletics | 2013 |
| Year Franchised | |
| Medifast | 2007 |
| RedLine Athletics | 2013 |
| Term Of Agreement | |
| Medifast | |
| RedLine Athletics | |
| Renewal Fee | |
| Medifast | |
| RedLine Athletics | |
Business Experience Requirements |
|
| Experience | |
| Medifast | |
| RedLine Athletics | |
Financing Options |
|
| Franchise Fees | |
| Medifast | |
| RedLine Athletics | |
| Start-up Costs | |
| Medifast | |
| RedLine Athletics | |
| Equipment | |
| Medifast} | |
| RedLine Athletics | |
| Inventory | |
| Medifast | |
| RedLine Athletics | |
| Receivables | |
| Medifast | |
| RedLine Athletics | |
| Payroll | |
| Medifast | |
| RedLine Athletics | |
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 |
| RedLine Athletics | On-The-Job Training: 20 hours Classroom Training: 20 hours |
| 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 |
| RedLine Athletics | Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Franchisee Intranet Platform |
| 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 |
| RedLine Athletics | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing |
| Operations | |
| Medifast | |
| RedLine Athletics | |
Expansion Plans |
|
| US Expansion | |
| Medifast | |
| RedLine Athletics | 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 | |
| RedLine Athletics | |
| International Expansion | |
| Medifast | |
| RedLine Athletics | |