Medifast vs HOTWORX Studio Franchise Comparison

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

Start-Up Costs and Fees
 
Medifast Franchise
HOTWORX Studio Franchise
Investment $148,000 - $269,000$188,070 - $351,885
Franchise Fee $0 - $35,000$129,500
Royalty Fee -$550/mo.
Advertising Fee --
Year Founded 19802016
Year Franchised 20072017
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements
 
Medifast Franchise
HOTWORX Studio Franchise
Experience --

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

Training & Support
 
Medifast Franchise
HOTWORX Studio 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
HOTWORX Studio 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 HOTWORX Studio

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HOTWORX is a virtually instructed exercise program created for users to experience the many benefits of infrared heat absorption, while completing a 30-minute isometric workout or 15-min High Intensity Interval Training (HIIT) session.
We created this infrared sauna workout program for people who want to flush toxins from their bodies, increase flexibility, balance, tone, and burn massive amounts of calories in the process. So whether you want to polish off your gym workout, or you’re strictly a spa-goer who wants to enhance your regime, this innovation could be a major component of your wellness program in the future. The results will blow you away!