Medi-Weightloss vs Red Effect Infrared Fitness Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Medi-Weightloss vs Red Effect Infrared Fitness including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Medi-Weightloss Franchise
Red Effect Infrared Fitness Franchise
Investment $135,250 - $417,752$149,500 - $1,037,500
Franchise Fee $75,000$45,000
Royalty Fee $3,800/mo.-$12.200/mo.7%
Advertising Fee $250/mo-$1.5K/mo2%
Year Founded 20052016
Year Franchised 20082016
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee --


Business Experience Requirements
 
Medi-Weightloss Franchise
Red Effect Infrared Fitness Franchise
Experience

Our franchisees are changing lives daily in a positive atmosphere. We're looking for physicians and non-physician investor franchisees to join our brand. Investors can partner with or employ a physician. Physicians: you can now implement a corporate-owned Medi-Weightloss� into your practice with no capital investment. Offer a clinically-proven medical weight loss program, receive profit sharing benefits, and attract new patients to your practice. (Subject to state and federal law.)

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Financing Options
 
Medi-Weightloss Franchise
Red Effect Infrared Fitness Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/-No/Yes
Start-up Costs -/-No/Yes
Equipment -/-No/Yes
Inventory -/-No/Yes
Receivables -/-No/Yes
Payroll -/-No/Yes

Training & Support
 
Medi-Weightloss Franchise
Red Effect Infrared Fitness Franchise
Training

Franchisees work one-on-one with a Franchise Field Consultant as well as our team of industry specialists. Training begins at our corporate headquarters in Tampa, FL, where you will receive comprehensive classroom and hands-on instruction covering all aspects of operations, compliance, medical and dietary guidelines, sales, and advertising. Ongoing support and training is provided. Prior to the clinic open date, your entire clinic staff will participate in Systems Standards Training hosted at our corporate facility in Tampa, Florida, where they will receive comprehensive classroom and hands-on instruction on all aspects of your clinic operations including: *Clinic Management and Operating Systems *Quality Assurance and Compliance *Dietary Considerations and Nutrition *Marketing and Advertising *Medical Guidelines and Patient Management *Financial Planning *Telephone and Product Sales *Data Analysis, KPI, and Benchmarks You will also receive ongoing continuing education through the virtual university on Advantage, regional trainings, onsite audits and business reviews, and national conventions.

 On-The-Job Training: 386 hours Classroom Training: 94 hours Additional Training: 15 hours annually
Support Financial Assistance Provided: Yes Site Selection Assistance: Yes Lease Negotiation Assistance: Yes Recruiting Assistance: Yes Co-Operative Advertising: No Training: Four days of comprehensive, hands-on training at our corporate location in Tampa, FL required for each new franchisee prior to opening. Prefer as many as possible; do 2 trainings/mo with most 2 clinics/class Other Info: Prequalifying document (required for candidate prospects) Latest marketing support documents for your prospects interested in this unique franchise opportunity Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform
Marketing Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Co-op Advertising Ad Templates Regional Advertising Social media SEO Website development Email marketing Loyalty program/app
Operations

25% of all franchisees own more than one unit.

Number of employees needed to run franchised unit: 4 - 10.

Absentee ownership of franchise is allowed. (80% of current franchisees are owner/operators).

 Number of Employees Required to Run: 5

Expansion Plans
 
Medi-Weightloss Franchise
Red Effect Infrared Fitness Franchise
US Expansion YesYes
Canada Expansion --
International Expansion YesYes

Company Overviews

About Medi-Weightloss

Medi-Weightloss Clinics has proven itself as the leading Brand in physician-supervised weight loss by equipping Franchisees with the resources and tools they need to succeed. In our system, we help franchise owners reach their goals in a business that has well-documented systems, excellent training, strong support, and ongoing coaching. With Medi-Weightloss Clinics as your Franchisor, you'll have everything you need to start and build your business. Our extensive training and ongoing support includes: *Extensive classroom instruction and training *Clinic design, layout and set-up *On site pre-opening employee and operations training *Dedicated Franchise Field Consultant *Compliance trainings and clinic audits *A completely web-based system that includes: ^Practice Management System ^EMR, accounting, and prescription labeling ^Inventory and online ordering ^Training and protocol support ^Full HIPPA compliance *Ongoing support form experienced operations, marketing, clinic management, and sales professionals *Regional and national advertising and marketing *National promotions and public relations *Marketing support and tools *Branded marketing material such as radio and television commercials, newspaper ads, direct mail, posters, and signage that can be customized for your individual location.

The total initial investment necessary to begin operation of a Medi-Weightloss Clinic with a Stand-Alone Site ranges from $215,252 to $417,752. This includes $145,000 to $154,000 that must be paid to the franchisor and its affiliates
The total initial investment necessary to begin operation of a Medi-Weightloss Clinic with a Co-Location Site ranges from $135,250 to $251,750. This includes $99,500 to $104,500 that must be paid to the Franchisor and its affiliates. The total initial investment necessary to begin operation of a Development Business ranges from $265,252 to $492,752. This includes $195,000 to $229,000 that must be paid to the franchisor and its affiliates.




About Red Effect Infrared Fitness

"Red

Imagine being an integral part of the next big thing in fitness!
At Red Effect Infrared Fitness we provide a unique, life-changing approach to wellness.
Our group fitness classes combine infrared therapy, heart rate monitoring and
high-intensity interval training to provide our customers with a fitness routine they love.
Our members, trainers, and staff feel the effect from more than just the infrared.
We have seen our members experience changes in body composition, energy levels,
self-confidence, muscle recovery, health conditions and more.
With each success story, we pass on the effect.
Red Effect is now offering franchising opportunities.
Discover the benefits of being a Red Effect gym owner.

The total investment necessary to begin operation of a Standard Studio is from $283,000 to $718,000. This includes $157,000 to $594,000 that must be paid to the franchisor or its affiliates.
The total investment necessary to begin operation of a Red Effect for Women Studio is from $149,500 to $349,200. This includes $101,750 to $228,500 that must be paid to the franchisor or its affiliates.
The total investment necessary to begin operation of an Executive Club is from $863,500 to $1,037,500. This includes $479,000 to $873,000 that must be paid to the franchisor or its affiliates.