Start-Up Costs and Fees |
||
| Medifast | Shape Up Sisters | |
| Investment | 148000 - 269000 | 40000 - 51000 |
| Franchise Fee | ||
| Royalty Fee | $375/mo. | |
| Advertising Fee | ||
| Year Founded | 1980 | 2002 |
| Year Franchised | 2007 | 2002 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Medifast | Shape Up Sisters | |
| Experience | Must enjoy working with & helping people | |
Financing Options |
||
| Medifast | Shape Up Sisters | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Medifast | Shape Up Sisters | |
| 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 | Newsletter, Toll-free phone line, Grand opening, Internet, Field operations/evaluations |
| 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 | Ad slicks, Regional advertising |
| Operations | Number of employees needed to run franchised unit: 2 Absentee ownership of franchise is NOT allowed. | |
Expansion Plans |
||
| Medifast | Shape Up Sisters | |
| US Expansion | ||
| Canada Expansion | 0 | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Medifast | |
| Shape Up Sisters | |
| Franchise Fee | |
| Medifast | |
| Shape Up Sisters | |
| Royalty Fee | |
| Medifast | |
| Shape Up Sisters | $375/mo. |
| Advertising Fee | |
| Medifast | |
| Shape Up Sisters | |
| Year Founded | |
| Medifast | 1980 |
| Shape Up Sisters | 2002 |
| Year Franchised | |
| Medifast | 2007 |
| Shape Up Sisters | 2002 |
| Term Of Agreement | |
| Medifast | |
| Shape Up Sisters | 10 years |
| Renewal Fee | |
| Medifast | |
| Shape Up Sisters | |
Business Experience Requirements |
|
| Experience | |
| Medifast | |
| Shape Up Sisters | Must enjoy working with & helping people |
Financing Options |
|
| Franchise Fees | |
| Medifast | |
| Shape Up Sisters | |
| Start-up Costs | |
| Medifast | |
| Shape Up Sisters | |
| Equipment | |
| Medifast} | |
| Shape Up Sisters | |
| Inventory | |
| Medifast | |
| Shape Up Sisters | |
| Receivables | |
| Medifast | |
| Shape Up Sisters | |
| Payroll | |
| Medifast | |
| Shape Up Sisters | |
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 |
| Shape Up Sisters | |
| 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 |
| Shape Up Sisters | Newsletter, Toll-free phone line, Grand opening, Internet, Field operations/evaluations |
| 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 |
| Shape Up Sisters | Ad slicks, Regional advertising |
| Operations | |
| Medifast | |
| Shape Up Sisters | Number of employees needed to run franchised unit: 2 Absentee ownership of franchise is NOT allowed. |
Expansion Plans |
|
| US Expansion | |
| Medifast | |
| Shape Up Sisters | |
| Canada Expansion | |
| Medifast | |
| Shape Up Sisters | 0 |
| International Expansion | |
| Medifast | |
| Shape Up Sisters | |