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Below is an in-depth analysis and side-by-side comparison of Nuviva Medical Weight Loss vs Medi-Weightloss including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $160,100 - $229,600 | $135,250 - $417,752 |
Franchise Fee | $75,000 | $75,000 |
Royalty Fee | 7% | $3,800/mo.-$12.200/mo. |
Advertising Fee | 3% | $250/mo-$1.5K/mo |
Year Founded | 2010 | 2005 |
Year Franchised | 2010 | 2008 |
Term Of Agreement | 5years | 10 years |
Term Of Agreement | 5years | 10 years |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | #1 - A commitment to helping people succeed *If you are NOT committed to the #1 requirement then we thank you for your interest and suggest you seek an alternative franchise. *Liquid assets above $250,000 *Physician or physician group with an existing patient base *Investors are welcome if they have a physician or physician group with a patient base to partner with. If you do not have a physician available Nuviva can help you in identifying and recruiting a suitable candidate. *A commitment to protecting and enhancing the Nuviva brand and ethos | Our franchisees are changing lives daily in a positive atmosphere. We're looking for physicians and non-physician investor franchisees to join our brand. Investors can partner with or employ a physician. Physicians: you can now implement a corporate-owned Medi-Weightloss� into your practice with no capital investment. Offer a clinically-proven medical weight loss program, receive profit sharing benefits, and attract new patients to your practice. (Subject to state and federal law.) |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/- | -/- |
Start-up Costs | -/- | -/- |
Equipment | -/- | -/- |
Inventory | -/- | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
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Training | *Onsite and online program and product training *Weight-loss consultation training *Nutrition Coach training *Ongoing onsite and online training | Franchisees work one-on-one with a Franchise Field Consultant as well as our team of industry specialists. Training begins at our corporate headquarters in Tampa, FL, where you will receive comprehensive classroom and hands-on instruction covering all aspects of operations, compliance, medical and dietary guidelines, sales, and advertising. Ongoing support and training is provided. Prior to the clinic open date, your entire clinic staff will participate in Systems Standards Training hosted at our corporate facility in Tampa, Florida, where they will receive comprehensive classroom and hands-on instruction on all aspects of your clinic operations including: *Clinic Management and Operating Systems *Quality Assurance and Compliance *Dietary Considerations and Nutrition *Marketing and Advertising *Medical Guidelines and Patient Management *Financial Planning *Telephone and Product Sales *Data Analysis, KPI, and Benchmarks You will also receive ongoing continuing education through the virtual university on Advantage, regional trainings, onsite audits and business reviews, and national conventions. |
Support | *You are NEVER alone! *Dedicated franchise team *step-by-step support *Opportunity for personal, professional growth and development | Financial Assistance Provided: Yes Site Selection Assistance: Yes Lease Negotiation Assistance: Yes Recruiting Assistance: Yes Co-Operative Advertising: No Training: Four days of comprehensive, hands-on training at our corporate location in Tampa, FL required for each new franchisee prior to opening. Prefer as many as possible; do 2 trainings/mo with most 2 clinics/class Other Info: Prequalifying document (required for candidate prospects) Latest marketing support documents for your prospects interested in this unique franchise opportunity |
Marketing | *Local and national marketing support *Signage *Public relations *Proven advertising and marketing, including print, radio, and television *Testimonial campaigns *Interactive web site - www.nuvivamedicalweightloss.com | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing |
Operations | - | 25% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 4 - 10. Absentee ownership of franchise is allowed. (80% of current franchisees are owner/operators). |
Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | - | - |
International Expansion | - | Yes |
A franchise program supervised by medical doctors and a variety of staff. "A growing medical trend has local doctors buying weight-loss clinics to boost sinking revenue and more properly treat overweight patients," according to Frank Graff, a marketer for Medi-Weightloss Clinics. "Americans spend $150 billion on weight-loss products and services every year, and local physicians, many who are seeing revenue steadily decline, want a piece of the pie - in the right portion of course." Weight loss American-style may be an exercise in big business, but it's also an exercise in big thought. Thinking - the mere act of thinking about food - may be as important as reducing consumption of poor food or merely exercising.Nuviva Medical Weight Loss Clinics combine safe, effective and proven medical weight loss methods with easy to follow diet, nutrition and exercise plans to ensure your weight loss success. Proven Business Model *Profitable *Experienced management and medical team *Current locations *Exclusive 4 phase methodology *Exclusive products Real Estate *Site selection assistance *Lease review *Clinic design services and support Development *General ongoing business development support *Continual onsite and online training *Annual Franchisee meetings Please complete the form on our website and a member of our Business Development team will contact you. http://www.nuvivaweightloss.com/forms/fanchiseapplication/