Start-Up Costs and Fees |
||
| Medifast | Bally Total Fitness | |
| Investment | 148000 - 269000 | 1000000 - 2500000 |
| Franchise Fee | ||
| Royalty Fee | ||
| Advertising Fee | ||
| Year Founded | 1980 | 1962 |
| Year Franchised | 2007 | 1997 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Medifast | Bally Total Fitness | |
| Experience | ||
Financing Options |
||
| Medifast | Bally Total Fitness | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| Medifast | Bally Total Fitness | |
| Training | Comprehensive Training Programs: Program and product training Operational training Weight-loss consultation and member management training Sales training Continuing education programs | |
| 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 | |
| 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 | |
| Operations | ||
Expansion Plans |
||
| Medifast | Bally Total Fitness | |
| US Expansion | ||
| Canada Expansion | 0 | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Medifast | |
| Bally Total Fitness | |
| Franchise Fee | |
| Medifast | |
| Bally Total Fitness | |
| Royalty Fee | |
| Medifast | |
| Bally Total Fitness | |
| Advertising Fee | |
| Medifast | |
| Bally Total Fitness | |
| Year Founded | |
| Medifast | 1980 |
| Bally Total Fitness | 1962 |
| Year Franchised | |
| Medifast | 2007 |
| Bally Total Fitness | 1997 |
| Term Of Agreement | |
| Medifast | |
| Bally Total Fitness | |
| Renewal Fee | |
| Medifast | |
| Bally Total Fitness | |
Business Experience Requirements |
|
| Experience | |
| Medifast | |
| Bally Total Fitness | |
Financing Options |
|
| Franchise Fees | |
| Medifast | |
| Bally Total Fitness | |
| Start-up Costs | |
| Medifast | |
| Bally Total Fitness | |
| Equipment | |
| Medifast} | |
| Bally Total Fitness | |
| Inventory | |
| Medifast | |
| Bally Total Fitness | |
| Receivables | |
| Medifast | |
| Bally Total Fitness | |
| Payroll | |
| Medifast | |
| Bally Total Fitness | |
Training & Support |
|
| Training | |
| Medifast | Comprehensive Training Programs: Program and product training Operational training Weight-loss consultation and member management training Sales training Continuing education programs |
| Bally Total Fitness | |
| Support | |
| Medifast | 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 |
| Bally Total Fitness | |
| Marketing | |
| Medifast | 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 |
| Bally Total Fitness | |
| Operations | |
| Medifast | |
| Bally Total Fitness | |
Expansion Plans |
|
| US Expansion | |
| Medifast | |
| Bally Total Fitness | |
| Canada Expansion | |
| Medifast | |
| Bally Total Fitness | 0 |
| International Expansion | |
| Medifast | |
| Bally Total Fitness | |