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Below is an in-depth analysis and side-by-side comparison of Fitness Together vs MD Diet Weight Loss & Nutrition including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $189,162 - $328,576 | $100,000 |
Franchise Fee | $39,900 | N/A |
Royalty Fee | 6% | - |
Advertising Fee | 2% | - |
Year Founded | 1984 | - |
Year Franchised | 1996 | - |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | 25% of current franchise fee | - |
Business Experience Requirements |
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Experience | - | |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/Yes | -/- |
Start-up Costs | No/Yes | -/- |
Equipment | No/Yes | -/- |
Inventory | No/Yes | -/- |
Receivables | No/Yes | -/- |
Payroll | No/Yes | -/- |
Training & Support |
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Training | Classroom Training: 40 hours | - |
Support | Newsletter Meetings/Conventions Grand Opening Online Support Field Operations Site Selection Proprietary Software Franchisee Intranet Platform | - |
Marketing | Network Support Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app | - |
Operations |
International franchisees required to buy multiple units/master licenses; 10% of all franchisees own more than one unit Number of employees needed to run franchised unit: 3 - 5
Absentee ownership of franchise is allowed. (95% of current franchisees are owner/operators) | - |
Expansion Plans |
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US Expansion | Yes | - |
Canada Expansion | No | - |
International Expansion | No | - |
Established by Rick Sikorski in 1983, Fitness Together offers individual instructional courses to customers between the ages of 15 and 80. The organization, which started diversifying in 1996, works diversified studios over the United States.
Best 5 reasons why you ought to consider owning a Fitness Together establishment:
- A one of a kind private preparing idea
- Solid establishment bolster with more than 30 years involvement in the individual preparing industry.
- Set up working frameworks that use best business hones.
- The chance to change lives with enhanced wellness and wellbeing
MD Diet Weight Loss and Nutrition Centers are committed to providing our patients with the best quality information, services, and nutritional products. Our commitment to science and research has helped us establish a variety of weight loss methods, ensuring that we can find the optimal method to suit a patients specific needs. Currently there are several MD Diet Weight Loss and Nutrition Centers operating in two states and we are now planning an aggressive expansion of our operations through the western United States. It has been estimated that about 45 million Americans diet each year and this sector spends up to $2 billion per year on wight-loss programs. According to the Center for Disease Control America has experienced a dramatic increase in overweight individuals in the past 20 years, and that in 2008, only one state had a prevalence of obesity less than 20%. The results is that the diet and nutrition industry has seen a tremendous amount of growth and, as an MD Diet Weight Loss and Nutrition Franchisee, you'll receive the training, support, and tools needed to succeed in the weight loss and nutrition market.