Medifast vs PickUp USA Fitness Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Medifast vs PickUp USA Fitness including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Medifast Franchise
PickUp USA Fitness Franchise
Investment $148,000 - $269,000$533,266 - $1,150,054
Franchise Fee $0 - $35,000$45,000
Royalty Fee -6%
Advertising Fee -1% - 2%
Year Founded 19802011
Year Franchised 20072016
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements

 
Medifast Franchise
PickUp USA Fitness Franchise
Experience -

While not required, a passion for fitness and basketball is a huge plus! Owning a fitness club is a tremendous opportunity to build a business doing something you love. To get started, franchise candidates, either individually or cumulatively amongst a group of investors, should have a minimum of $150,000 in liquid capital and $300,000 in net worth. This gives a new franchisee the base financials to attempt to obtain necessary bank financing to be properly capitalized to launch a PickUp USA.


Financing Options

 
Medifast Franchise
PickUp USA Fitness Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support

 
Medifast Franchise
PickUp USA Fitness Franchise
Training

Comprehensive Training Programs: Program and product training Operational training Weight-loss consultation and member management training Sales training Continuing education programs

* Comprehensive 8 day training at our headquarters in Irwindale, CA for you and your two managers

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

PickUp USA provides comprehensive support from the day you sign your franchise agreement. * Pre-Open Support * Grand Opening Support * Ongoing Support o Assistance with site-selection, club layout, design & construction o Comprehensive 8 day training o On-site guidance for 5 days from our corporate team o Support with marketing, sales and operations o Continuous, on-site, telephone and email support will be with you during your entire journey o Your success is our success!

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 -

We require an owner/operator Approximately 10 staff are needed to run a PickUp USA Fitness club.


Expansion Plans

 
Medifast Franchise
PickUp USA Fitness Franchise
US Expansion -Yes
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 PickUp USA Fitness


Basketball-Focused Fitness Clubs!

PickUp USA Fitness clubs are full-service, basketball-focused gyms. Our clubs offer: group & private basketball training, officiated games of pickup basketball, full weight & cardio rooms, retail merchandise, lounges, and much more! We started our unique fitness concept in 2011, and spent 5 years refining our product, processes, and brand before franchising in 2016.

Limitless Opportunity

* In 2014, total US health club revenues increased 7.4% to $24.2 billion with 54.1 million Americans belonging to at least one health club nationwide (IHRSA data)
* Over 23 million people/year participate in basketball activities in the US (Statista data)
* PickUp USA Fitness is the only basketball-focused fitness club operating in the US, and generates revenue from 4 diverse channels:

     o Membership Dues
     o Private Training Packages
     o Merchandise Sales
     o Private Court Rental Fees


Streamlined Operating Model
  • Plug- and-play, refined and simple operating model
  • Less than 10 total employees needed to run a PickUp USA
  • Passionate staff that love fitness and basketball are naturally attracted to PickUp USA
  • Polished marketing, sales, and operating processes allow your gym to operate seamlessly 365 days/year
  • Established relationships with reputable suppliers and vendors:
    • Gatorade
    • SportCourt
    • Wilson Basketball
    • StarTrac
    • ClaytonKendall
  • Minimal inventory management with simple processes for ease of operating
  • Bottom-line: A polished operating system allows you to have fun, interact with customers, and grow your business!