Start-Up Costs and Fees |
||
| Express Train | Medifast | |
| Investment | 73700 - 130000 | 148000 - 269000 |
| Franchise Fee | ||
| Royalty Fee | 5% | |
| Advertising Fee | 3% | |
| Year Founded | 2005 | 1980 |
| Year Franchised | 2005 | 2007 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Express Train | Medifast | |
| Experience | ||
Financing Options |
||
| Express Train | Medifast | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| Express Train | Medifast | |
| Training | * Available at headquarters: 3 days * At franchisee's location: 3 days | Comprehensive Training Programs: Program and product training Operational training Weight-loss consultation and member management training Sales training Continuing education programs |
| Support | National Marketing Campaign On Going Training Support Visits Marketing Support Person Training & Certification Support Person Human Resources Support & Hiring Support Annual Franchisee Conference | 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 |
||
| Express Train | Medifast | |
| US Expansion | ||
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Express Train | |
| Medifast | |
| Franchise Fee | |
| Express Train | |
| Medifast | |
| Royalty Fee | |
| Express Train | 5% |
| Medifast | |
| Advertising Fee | |
| Express Train | 3% |
| Medifast | |
| Year Founded | |
| Express Train | 2005 |
| Medifast | 1980 |
| Year Franchised | |
| Express Train | 2005 |
| Medifast | 2007 |
| Term Of Agreement | |
| Express Train | 5 Years |
| Medifast | |
| Renewal Fee | |
| Express Train | $5,000 |
| Medifast | |
Business Experience Requirements |
|
| Experience | |
| Express Train | |
| Medifast | |
Financing Options |
|
| Franchise Fees | |
| Express Train | |
| Medifast | |
| Start-up Costs | |
| Express Train | |
| Medifast | |
| Equipment | |
| Express Train} | |
| Medifast | |
| Inventory | |
| Express Train | |
| Medifast | |
| Receivables | |
| Express Train | |
| Medifast | |
| Payroll | |
| Express Train | |
| Medifast | |
Training & Support |
|
| Training | |
| Express Train | * Available at headquarters: 3 days * At franchisee's location: 3 days |
| Medifast | Comprehensive Training Programs: Program and product training Operational training Weight-loss consultation and member management training Sales training Continuing education programs |
| Support | |
| Express Train | National Marketing Campaign On Going Training Support Visits Marketing Support Person Training & Certification Support Person Human Resources Support & Hiring Support Annual Franchisee Conference |
| 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 |
| Marketing | |
| Express Train | |
| 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 |
| Operations | |
| Express Train | |
| Medifast | |
Expansion Plans |
|
| US Expansion | |
| Express Train | |
| Medifast | |
| Canada Expansion | |
| Express Train | |
| Medifast | |
| International Expansion | |
| Express Train | |
| Medifast | |