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Updated RecentlyMedifast vs BodyTek Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Medifast vs BodyTek 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 | $249,600 - $384,500 |
| Franchise Fee | $0 - $35,000 | $19,900 |
| Royalty Fee | - | 6% |
| Advertising Fee | - | 1% |
| Year Founded | 1980 | - |
| Year Franchised | 2007 | - |
| Term Of Agreement | - | - |
| Term Of Agreement | - | - |
| Renewal 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 | -/- | Yes/- |
| Start-up Costs | -/- | -/Yes |
| Equipment | -/- | Yes/Yes |
| Inventory | -/- | Yes/- |
| Receivables | -/- | -/- |
| Payroll | -/- | Yes/- |
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 | On-The-Job Training: 4 hours Classroom Training: 43 hours |
| 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 | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection |
| 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 | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Operations | - | Absentee Ownership Allowed Number of Employees Required to Run: 8 - 12 |
Expansion Plans |
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| US Expansion | - | Yes |
| Canada Expansion | - | - |
| International Expansion | - | Yes |
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 BodyTek
Join the Bodytek movement, a challenging, yet exciting, HIIT group fitness workout program.
The workout that is designed to help maximize your potential and live what we call the BODYTEKLIFE. A high-intensity lifestyle where you choose to maximize your results & live everyday with MOTIVATION, EXCITEMENT, and ENERGY.
Experience that was designed with you in mind - our total body workout program. No two classes are ever the same, focusing on Your Mind, Your Time, & Your Body. Structured on group fitness, our one-hour classes welcome clients of all fitness levels to participate from beginner to advanced, clients pushing themselves to be challenged and reach their personal best. Designed to significantly improve your fitness level through High Intensity Interval Training or (HIIT). Our highly skilled coaches provide personalized guided assistance to ensure you maximum your one hour and achieve proven results.