Start-Up Costs and Fees |
||
| Medifast | Tutu School | |
| Investment | 148000 - 269000 | 73700 - 135200 |
| Franchise Fee | ||
| Royalty Fee | 5% | |
| Advertising Fee | 1% | |
| Year Founded | 1980 | 2008 |
| Year Franchised | 2007 | 2012 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Medifast | Tutu School | |
| Experience | ||
Financing Options |
||
| Medifast | Tutu School | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| Medifast | Tutu School | |
| 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: 74 hours Classroom Training: 17 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 | Newsletter Meetings Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software |
| 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 Templates Regional Advertising Social media Website development Email marketing |
| Operations | Number of Employees Required to Run: 2 | |
Expansion Plans |
||
| Medifast | Tutu School | |
| 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 | |
| Tutu School | |
| Franchise Fee | |
| Medifast | |
| Tutu School | |
| Royalty Fee | |
| Medifast | |
| Tutu School | 5% |
| Advertising Fee | |
| Medifast | |
| Tutu School | 1% |
| Year Founded | |
| Medifast | 1980 |
| Tutu School | 2008 |
| Year Franchised | |
| Medifast | 2007 |
| Tutu School | 2012 |
| Term Of Agreement | |
| Medifast | |
| Tutu School | |
| Renewal Fee | |
| Medifast | |
| Tutu School | |
Business Experience Requirements |
|
| Experience | |
| Medifast | |
| Tutu School | |
Financing Options |
|
| Franchise Fees | |
| Medifast | |
| Tutu School | |
| Start-up Costs | |
| Medifast | |
| Tutu School | |
| Equipment | |
| Medifast} | |
| Tutu School | |
| Inventory | |
| Medifast | |
| Tutu School | |
| Receivables | |
| Medifast | |
| Tutu School | |
| Payroll | |
| Medifast | |
| Tutu School | |
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 |
| Tutu School | On-The-Job Training: 74 hours Classroom Training: 17 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 |
| Tutu School | Newsletter Meetings Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software |
| 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 |
| Tutu School | Ad Templates Regional Advertising Social media Website development Email marketing |
| Operations | |
| Medifast | |
| Tutu School | Number of Employees Required to Run: 2 |
Expansion Plans |
|
| US Expansion | |
| Medifast | |
| Tutu School | 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 | |
| Tutu School | |
| International Expansion | |
| Medifast | |
| Tutu School | |