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Below is an in-depth analysis and side-by-side comparison of Nuviva Medical Weight Loss vs Primary Weight Loss including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $160,100 - $229,600 | $142,572 - $285,472 |
Franchise Fee | $75,000 | $29,997 |
Royalty Fee | 7% | 6% |
Advertising Fee | 3% | 6% |
Year Founded | 2010 | - |
Year Franchised | 2010 | - |
Term Of Agreement | 5years | - |
Term Of Agreement | 5years | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | #1 - A commitment to helping people succeed *If you are NOT committed to the #1 requirement then we thank you for your interest and suggest you seek an alternative franchise. *Liquid assets above $250,000 *Physician or physician group with an existing patient base *Investors are welcome if they have a physician or physician group with a patient base to partner with. If you do not have a physician available Nuviva can help you in identifying and recruiting a suitable candidate. *A commitment to protecting and enhancing the Nuviva brand and ethos | - |
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 | *Onsite and online program and product training *Weight-loss consultation training *Nutrition Coach training *Ongoing onsite and online training | - |
Support | *You are NEVER alone! *Dedicated franchise team *step-by-step support *Opportunity for personal, professional growth and development | - |
Marketing | *Local and national marketing support *Signage *Public relations *Proven advertising and marketing, including print, radio, and television *Testimonial campaigns *Interactive web site - www.nuvivamedicalweightloss.com | - |
Operations | - | - |
Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | - | - |
International Expansion | - | - |
A franchise program supervised by medical doctors and a variety of staff. "A growing medical trend has local doctors buying weight-loss clinics to boost sinking revenue and more properly treat overweight patients," according to Frank Graff, a marketer for Medi-Weightloss Clinics. "Americans spend $150 billion on weight-loss products and services every year, and local physicians, many who are seeing revenue steadily decline, want a piece of the pie - in the right portion of course." Weight loss American-style may be an exercise in big business, but it's also an exercise in big thought. Thinking - the mere act of thinking about food - may be as important as reducing consumption of poor food or merely exercising.Nuviva Medical Weight Loss Clinics combine safe, effective and proven medical weight loss methods with easy to follow diet, nutrition and exercise plans to ensure your weight loss success. Proven Business Model *Profitable *Experienced management and medical team *Current locations *Exclusive 4 phase methodology *Exclusive products Real Estate *Site selection assistance *Lease review *Clinic design services and support Development *General ongoing business development support *Continual onsite and online training *Annual Franchisee meetings Please complete the form on our website and a member of our Business Development team will contact you. http://www.nuvivaweightloss.com/forms/fanchiseapplication/
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.