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Updated RecentlyMedifast vs Extreme Gym Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Medifast vs Extreme Gym including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $148,000 - $269,000 | $75,453 - $96,998 |
| Franchise Fee | $0 - $35,000 | $10,000 |
| Royalty Fee | - | - |
| Advertising Fee | - | - |
| Year Founded | 1980 | 2002 |
| Year Franchised | 2007 | 0 |
| Term Of Agreement | - | - |
| Term Of Agreement | - | - |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | - | You need a desire to own your own business and to be financially free. You also need to be people oriented with excellent customer service skills. If you are going to be leasing your equipment, we can set you up with a top notch leasing company who we highly recommend. You also have the option of paying in full if that is your desire. You can have your own gym for the price of a nice luxury car. |
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 | 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 | - | - |
Expansion Plans |
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| US Expansion | - | - |
| Canada Expansion | - | - |
| International Expansion | - | - |
Company Overviews
About Medifast
The need for quality healthcare continues to expand even during tough economies. This is a Ground floor business opportunity with a NYSE listed public company (MED:NYSE). With more than 30 years of experience we offer a proven and profitable business system to help people significantly improve their health. Clinically proven weight loss, guaranteed results, clinically proven safe and effective. We are seeking experienced business operators who are passionate about helping others. Inquire about territorial development opportunities. Seeking Area Developer Opportunities. Seeking Master Licensees.
About Extreme Gym
There are a number of reasons why the Extreme Gym franchise is a far smarter choice than other fitness franchising programs or trying to obtain a club on your own.
Primarily the lower initial cost and lower ongoing monthly fee. However, there are also virtually no controls or restrictions, no reporting requirements, no non-competition agreements, and no performance criteria with us as
compared to other gym franchises.
In regards to some of the world's most expensive fitness franchises, franchisees often find themselves sinking their entire life savings into the business or taking out huge loans only to wait many years for profitability. The Extreme Gym program is 1/6 to 1/4 the cost so you start profiting in months.