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Updated RecentlyNitro Fitness for Men vs Medifast Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Nitro Fitness for Men vs Medifast including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $55,500 - $76,500 | $148,000 - $269,000 |
| Franchise Fee | $39,800 | $0 - $35,000 |
| Royalty Fee | $498/month | - |
| Advertising Fee | - | - |
| Year Founded | 2004 | 1980 |
| Year Franchised | 2004 | 2007 |
| Term Of Agreement | 7 years | - |
| Term Of Agreement | 7 years | - |
| Renewal Fee | $5000 | - |
Business Experience Requirements |
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| Experience | - | - |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | No/Yes | -/- |
| Start-up Costs | No/Yes | -/- |
| Equipment | No/Yes | -/- |
| Inventory | No/Yes | -/- |
| Receivables | No/Yes | -/- |
| Payroll | No/No | -/- |
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 | No | - |
| International Expansion | No | - |
Company Overviews
About Nitro Fitness for Men
The Nitro franchise business was created by experienced businessmen with systems, solutions and services designed for franchise owners. Franchising opportunities are available for a total capital investment of $55,500 to $76,500. Liquid capital required is only $30,000.
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.