Start-Up Costs and Fees |
||
| Star Lady Fitness | Medifast | |
| Investment | 33500 - 33500 | 148000 - 269000 |
| Franchise Fee | ||
| Royalty Fee | $2/member | |
| Advertising Fee | ||
| Year Founded | 2003 | 1980 |
| Year Franchised | 2003 | 2007 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Star Lady Fitness | Medifast | |
| Experience | ||
Financing Options |
||
| Star Lady Fitness | Medifast | |
| Franchise Fees | ||
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Star Lady Fitness | Medifast | |
| Training | At franchisee's location: 3-4 days | 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 | * 0% of all franchisees own more than one unit * Number of employees needed to run franchised unit: 2 - 2 * Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | |
Expansion Plans |
||
| Star Lady Fitness | Medifast | |
| US Expansion | ||
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Star Lady Fitness | |
| Medifast | |
| Franchise Fee | |
| Star Lady Fitness | |
| Medifast | |
| Royalty Fee | |
| Star Lady Fitness | $2/member |
| Medifast | |
| Advertising Fee | |
| Star Lady Fitness | |
| Medifast | |
| Year Founded | |
| Star Lady Fitness | 2003 |
| Medifast | 1980 |
| Year Franchised | |
| Star Lady Fitness | 2003 |
| Medifast | 2007 |
| Term Of Agreement | |
| Star Lady Fitness | 5 years |
| Medifast | |
| Renewal Fee | |
| Star Lady Fitness | $1,000 |
| Medifast | |
Business Experience Requirements |
|
| Experience | |
| Star Lady Fitness | |
| Medifast | |
Financing Options |
|
| Franchise Fees | |
| Star Lady Fitness | |
| Medifast | |
| Start-up Costs | |
| Star Lady Fitness | |
| Medifast | |
| Equipment | |
| Star Lady Fitness} | |
| Medifast | |
| Inventory | |
| Star Lady Fitness | |
| Medifast | |
| Receivables | |
| Star Lady Fitness | |
| Medifast | |
| Payroll | |
| Star Lady Fitness | |
| Medifast | |
Training & Support |
|
| Training | |
| Star Lady Fitness | At franchisee's location: 3-4 days |
| Medifast | Comprehensive Training Programs: Program and product training Operational training Weight-loss consultation and member management training Sales training Continuing education programs |
| Support | |
| Star Lady Fitness | |
| 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 |
| Marketing | |
| Star Lady Fitness | |
| 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 |
| Operations | |
| Star Lady Fitness | * 0% of all franchisees own more than one unit * Number of employees needed to run franchised unit: 2 - 2 * Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
| Medifast | |
Expansion Plans |
|
| US Expansion | |
| Star Lady Fitness | |
| Medifast | |
| Canada Expansion | |
| Star Lady Fitness | |
| Medifast | |
| International Expansion | |
| Star Lady Fitness | |
| Medifast | |