Company Overview
About Medi-Weightloss
Industry | Health & Wellness |
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Related Categories | Miscellaneous Health Services, Weight-Loss Services |
Founded | 2004 |
Parent Company | Medi-Weightloss Franchising USA LLC |
Leadership | Ken Hall, CEO |
Corporate Address |
509 S. Hyde Park Ave. Tampa, FL 33606 |
Social | Facebook, Instagram, YouTube |
Business Overview
Franchising Since | 2008 (17 years) |
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# of employees at HQ | 44 |
Where seeking |
This company is offering new franchises throughout the US. |
# of Units | 104 (as of 2024) |
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Information for Franchisees
Here's what you need to know if you're interested in opening a Medi-Weightloss franchise.
Financial Requirements & Ongoing Fees
Here's what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
Initial Franchise Fee
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$45,000 |
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Initial Investment
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$207,000 - $435,000 |
Net Worth Requirement
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$500,000 |
Cash Requirement
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$300,000 |
Royalty Fee
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10% |
Ad Royalty Fee
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1% |
Term of Agreement
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10 years |
Is franchise term renewable? | Yes |
Financing Options
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
Third Party Financing | Medi-Weightloss has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll |
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Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
On-The-Job Training | Ongoing |
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Classroom Training | 40 hours |
Ongoing Support |
Purchasing Co-ops
Newsletter
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Security & Safety Procedures
Lease Negotiation
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform
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Marketing Support |
Co-op Advertising
Ad Templates
National Media
Regional Advertising
Social Media
SEO
Website Development
Email Marketing
Loyalty Program/App
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Operations
Additional details about running this franchise.
Is absentee ownership allowed? | No |
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Can this franchise be run from home/mobile unit?
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No |
Can this franchise be run part time?
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No |
# of employees required to run | 3-6 |
Are exclusive territories available?
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Yes |
Franchise 500 Ranking History
Compare where Medi-Weightloss landed on this year's Franchise 500 Ranking versus previous years.