Start-Up Costs and Fees |
||
| Honor Yoga | Medifast | |
| Investment | 146608 - 270608 | 148000 - 269000 |
| Franchise Fee | ||
| Royalty Fee | ||
| Advertising Fee | ||
| Year Founded | 2015 | 1980 |
| Year Franchised | 2016 | 2007 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Honor Yoga | Medifast | |
| Experience | ||
Financing Options |
||
| Honor Yoga | Medifast | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| Honor Yoga | Medifast | |
| 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 |
||
| Honor Yoga | Medifast | |
| US Expansion | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming | |
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Honor Yoga | |
| Medifast | |
| Franchise Fee | |
| Honor Yoga | |
| Medifast | |
| Royalty Fee | |
| Honor Yoga | |
| Medifast | |
| Advertising Fee | |
| Honor Yoga | |
| Medifast | |
| Year Founded | |
| Honor Yoga | 2015 |
| Medifast | 1980 |
| Year Franchised | |
| Honor Yoga | 2016 |
| Medifast | 2007 |
| Term Of Agreement | |
| Honor Yoga | |
| Medifast | |
| Renewal Fee | |
| Honor Yoga | |
| Medifast | |
Business Experience Requirements |
|
| Experience | |
| Honor Yoga | |
| Medifast | |
Financing Options |
|
| Franchise Fees | |
| Honor Yoga | |
| Medifast | |
| Start-up Costs | |
| Honor Yoga | |
| Medifast | |
| Equipment | |
| Honor Yoga} | |
| Medifast | |
| Inventory | |
| Honor Yoga | |
| Medifast | |
| Receivables | |
| Honor Yoga | |
| Medifast | |
| Payroll | |
| Honor Yoga | |
| Medifast | |
Training & Support |
|
| Training | |
| Honor Yoga | |
| Medifast | Comprehensive Training Programs: Program and product training Operational training Weight-loss consultation and member management training Sales training Continuing education programs |
| Support | |
| Honor Yoga | |
| 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 | |
| Honor Yoga | |
| 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 | |
| Honor Yoga | |
| Medifast | |
Expansion Plans |
|
| US Expansion | |
| Honor Yoga | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| Medifast | |
| Canada Expansion | |
| Honor Yoga | |
| Medifast | |
| International Expansion | |
| Honor Yoga | |
| Medifast | |