Medifast vs Legends Boxing Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Medifast vs Legends Boxing including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Medifast Franchise
Legends Boxing Franchise
Investment $148,000 - $269,000$313,951 - $734,835
Franchise Fee $0 - $35,000$51,900
Royalty Fee --
Advertising Fee --
Year Founded 19802017
Year Franchised 20072017
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements
 
Medifast Franchise
Legends Boxing Franchise
Experience --

Financing Options
 
Medifast Franchise
Legends Boxing Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support
 
Medifast Franchise
Legends Boxing Franchise
Training

Comprehensive Training Programs: Program and product training Operational training Weight-loss consultation and member management training Sales training Continuing education programs

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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

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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

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Operations --

Expansion Plans
 
Medifast Franchise
Legends Boxing Franchise
US Expansion -Yes
Canada Expansion --
International Expansion --

Company Overviews

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.

About Legends Boxing

"Legends

The Legends Boxing brand has “put in the hard yards” to ensure that the franchise owner has a spectacular fitness club that provides its members with a safe, respectful, and cutting-edge atmosphere. When you franchise with Legends, you receive a full-service real estate team, prompt turnkey construction processes, a marketing plan that quickly grows membership, ongoing training and support, and a proven business model to follow.

The total investment necessary to begin operation of a Legends Boxing franchise is approximately $313,951 to $621,035. This includes $64,850 that must be paid to the franchisor or their affiliates.
The total investment necessary to begin operation under a Legends Boxing area development agreement is approximately $366,951 to $734,835 for 3-5 Franchised Businesses within a Development Area (with 2 as the minimum). This includes $117,850 to $178,650 that must be paid to the franchisor or their affiliates.