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Below is an in-depth analysis and side-by-side comparison of MD Diet Weight Loss & Nutrition vs PickUp USA 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 | $100,000 | $533,266 - $1,150,054 |
Franchise Fee | N/A | $45,000 |
Royalty Fee | - | 6% |
Advertising Fee | - | 1% - 2% |
Year Founded | - | 2011 |
Year Franchised | - | 2016 |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | - | While not required, a passion for fitness and basketball is a huge plus! Owning a fitness club is a tremendous opportunity to build a business doing something you love. To get started, franchise candidates, either individually or cumulatively amongst a group of investors, should have a minimum of $150,000 in liquid capital and $300,000 in net worth. This gives a new franchisee the base financials to attempt to obtain necessary bank financing to be properly capitalized to launch a PickUp USA. |
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 | - | * Comprehensive 8 day training at our headquarters in Irwindale, CA for you and your two managers |
Support | - | PickUp USA provides comprehensive support from the day you sign your franchise agreement. * Pre-Open Support * Grand Opening Support * Ongoing Support o Assistance with site-selection, club layout, design & construction o Comprehensive 8 day training o On-site guidance for 5 days from our corporate team o Support with marketing, sales and operations o Continuous, on-site, telephone and email support will be with you during your entire journey o Your success is our success! |
Marketing | - | - |
Operations | - | We require an owner/operator Approximately 10 staff are needed to run a PickUp USA Fitness club. |
Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | - | - |
International Expansion | - | - |
MD Diet Weight Loss and Nutrition Centers are committed to providing our patients with the best quality information, services, and nutritional products. Our commitment to science and research has helped us establish a variety of weight loss methods, ensuring that we can find the optimal method to suit a patients specific needs. Currently there are several MD Diet Weight Loss and Nutrition Centers operating in two states and we are now planning an aggressive expansion of our operations through the western United States. It has been estimated that about 45 million Americans diet each year and this sector spends up to $2 billion per year on wight-loss programs. According to the Center for Disease Control America has experienced a dramatic increase in overweight individuals in the past 20 years, and that in 2008, only one state had a prevalence of obesity less than 20%. The results is that the diet and nutrition industry has seen a tremendous amount of growth and, as an MD Diet Weight Loss and Nutrition Franchisee, you'll receive the training, support, and tools needed to succeed in the weight loss and nutrition market.