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Below is an in-depth analysis and side-by-side comparison of Primary 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 | $142,572 - $285,472 | $135,250 - $417,752 |
Franchise Fee | $29,997 | $75,000 |
Royalty Fee | 6% | $3,800/mo.-$12.200/mo. |
Advertising Fee | 6% | $250/mo-$1.5K/mo |
Year Founded | - | 2005 |
Year Franchised | - | 2008 |
Term Of Agreement | - | 10 years |
Term Of Agreement | - | 10 years |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | - | 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 | - | 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 | - | 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 | - | 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 | Yes |
Canada Expansion | - | - |
International Expansion | - | Yes |
NO LONGER FRANCHISING
Revenue is generated by product sales and by coaching. Our plan gets people to come back again and again, and stay with you. We will teach you how to help others by leading them to live a healthier lifestyle, while generating income at the same time. This is a very rewarding work because it directly impacts customers' health. The start-up cost is modest, and you can be in operation in just a few weeks.