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Below is an in-depth analysis and side-by-side comparison of Physicians Weight Loss Centers vs OrangeTheory Fitness including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $95,643 - $173,857 | $608,172 - $1,800,322 |
Franchise Fee | $26,000 | $59,500 |
Royalty Fee | - | 8% |
Advertising Fee | - | 2% |
Year Founded | 1979 | 2010 |
Year Franchised | 1980 | 2010 |
Term Of Agreement | - | 10 years |
Term Of Agreement | - | 10 years |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | - | $150K liquidity, $500K net worth, business experience, team builder, outgoing demeanor |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/- | -/Yes |
Start-up Costs | -/- | -/Yes |
Equipment | -/- | -/Yes |
Inventory | -/- | -/Yes |
Receivables | -/- | -/Yes |
Payroll | -/- | -/Yes |
Training & Support |
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Training | - | On-The-Job Training: 3.3 hours Classroom Training: 58.25 hours Additional Training: E-learning |
Support | - | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Proprietary Software Franchisee Intranet Platform |
Marketing | - | Co-op advertising, Ad slicks, Regional advertising |
Operations | - | Manual provided Number of Employees Required to Run: 8 - 11 |
Expansion Plans |
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US Expansion | Yes | Yes |
Canada Expansion | - | Yes |
International Expansion | - | Yes |
We realize that not every person responds to the same diet in the same way, or loses weight at the same rate. That's why we developed six distinct and effective weight loss systems to meet different lifestyle needs. At Physicians Weightloss Centers, we take the time to teach healthy habits that will last a lifetime.