Medifast vs Journey 333 Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Medifast vs Journey 333 including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Medifast Franchise
Journey 333 Franchise
Investment $148,000 - $269,000$83,500 - $245,000
Franchise Fee $0 - $35,000$30,000
Royalty Fee --
Advertising Fee --
Year Founded 19802018
Year Franchised 20072018
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements
 
Medifast Franchise
Journey 333 Franchise
Experience --

Financing Options
 
Medifast Franchise
Journey 333 Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support
 
Medifast Franchise
Journey 333 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
Journey 333 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 Journey 333

"Journey

Operate a Journey 333® Fitness training facility with a focus on group personal coaching using the Journey 333 business system.

The total investment necessary to begin operation of Journey 333 Fitness franchise is $83,500 to $245,000. This includes $30,000 that must be paid to the franchisor or an affiliate.
The franchisor offers qualified individuals the right to own and operate multiple facilities in a designated development area by entering into an Area Development Agreement (ADA). The total initial investment necessary to begin operating under the ADA will vary depending on the number of Facilities to be opened in your designated development area. The development fee due under the ADA is equal to $30,000 multiplied by the number of Facilities you commit to opening under the ADA.