Dr. G's Weight Loss vs Red Effect Infrared Fitness Franchise Comparison

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

Start-Up Costs and Fees
 
Dr. G's Weight Loss Franchise
Red Effect Infrared Fitness Franchise
Investment $196,350 - $478,100$149,500 - $1,037,500
Franchise Fee $75,000$45,000
Royalty Fee 8%7%
Advertising Fee 3%2%
Year Founded -2016
Year Franchised -2016
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements
 
Dr. G's Weight Loss Franchise
Red Effect Infrared Fitness Franchise
Experience --

Financing Options
 
Dr. G's Weight Loss 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
 
Dr. G's Weight Loss Franchise
Red Effect Infrared Fitness Franchise
Training - On-The-Job Training: 386 hours Classroom Training: 94 hours Additional Training: 15 hours annually
Support -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 Regional Advertising Social media SEO Website development Email marketing Loyalty program/app
Operations - Number of Employees Required to Run: 5

Expansion Plans
 
Dr. G's Weight Loss Franchise
Red Effect Infrared Fitness Franchise
US Expansion -Yes
Canada Expansion --
International Expansion -Yes

Company Overviews

About Dr. G's Weight Loss

Dr. G's Weight Loss & Wellness was founded by Dr. Charles Goldsmith in 1994. Over the past 30 years, he has helped over 125,000 patients lose more than one million pounds through his specialized weight loss system. The Dr. G's system is a physician-supervised medical weight loss plan that uses its proprietary software and a full medical evaluation including blood work, EKG, metabolic rate, body composition, behavioral history and lifestyle aspirations to create customized plans for safe and effective weight loss. Plans may incorporate a combination of FDA-approved medication, herbal supplements, a custom meal plan, nutritional products and detailed exercise programs to help clients lose weight and keep it off. For more information on how to implement the Dr. G's Weight Loss & Wellness business system into your medical practice, please visit www.drgsweightloss.com , or fill out the form to the right.
 
Veteran Incentives  10% off franchise fee


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.