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Below is an in-depth analysis and side-by-side comparison of Medi-Weightloss vs BeBalanced including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $135,250 - $417,752 | $155,650 - $208,450 |
Franchise Fee | $75,000 | $45,000 |
Royalty Fee | $3,800/mo.-$12.200/mo. | 6% |
Advertising Fee | $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.) | There are some financial and business requirements, and being experienced or educated in the field of health is helpful, but not absolutely necessary. You can run a very successful BeBalanced Hormone Weight Loss Centers franchise without a major degree. |
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. | Complete product/system knowledge, business knowledge, and sales/seminar training. You will receive Dawn Cutillo's book, The Hormone "Shift", which is packed with hormone knowledge. There will also be on-site training at our flagship location in PA, so you can become the hormone "expert" to help your clients, without needing a degree in health. |
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 | - |