Start-Up Costs and Fees |
||
| Medifast | Soldierfit | |
| Investment | 148000 - 269000 | 144950 - 305495 |
| Franchise Fee | ||
| Royalty Fee | 7% | |
| Advertising Fee | ||
| Year Founded | 1980 | 2007 |
| Year Franchised | 2007 | 2015 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Medifast | Soldierfit | |
| Experience | Prior experience in the fitness industry may be helpful, but is not a requirement. The ideal candidate will have an interest in fitness and the desire to help people in their communities to get fit. We also prefer franchise owners who will be directly involved in the full-time operations and growth of their Soldierfit franchises. In turn, we'll provide the support franchisees need to run their businesses. We do, of course, also expect that franchisees have the right amount of capital to invest in the business. | |
Financing Options |
||
| Medifast | Soldierfit | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| Medifast | Soldierfit | |
| Training | Comprehensive Training Programs: Program and product training Operational training Weight-loss consultation and member management training Sales training Continuing education programs | We provide comprehensive training in critical areas, including business management, sales and member retention, fitness training programs, equipment purchasing and usage, hiring and retaining staff, marketing and promotional activities, and much more. |
| 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 | Our highly skilled and experienced corporate team is fully committed to helping you build and boost your business. And we will be available to you via phone, text, or email to answer your questions, troubleshoot, or discuss your business' progress and future. And of course we will conduct periodic visits to provide ongoing advice and counsel to help you continue to grow your business the Soldierfit way. |
| 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 | You'll get our expert guidance with advertising, promotions, social media and more. Our corporate website helps drive business to your local franchise 24/7. Plus, you'll benefit from combined franchisee dollars in our system-wide marketing fund. |
| Operations | ||
Expansion Plans |
||
| Medifast | Soldierfit | |
| US Expansion | ||
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Medifast | |
| Soldierfit | |
| Franchise Fee | |
| Medifast | |
| Soldierfit | |
| Royalty Fee | |
| Medifast | |
| Soldierfit | 7% |
| Advertising Fee | |
| Medifast | |
| Soldierfit | |
| Year Founded | |
| Medifast | 1980 |
| Soldierfit | 2007 |
| Year Franchised | |
| Medifast | 2007 |
| Soldierfit | 2015 |
| Term Of Agreement | |
| Medifast | |
| Soldierfit | |
| Renewal Fee | |
| Medifast | |
| Soldierfit | |
Business Experience Requirements |
|
| Experience | |
| Medifast | |
| Soldierfit | Prior experience in the fitness industry may be helpful, but is not a requirement. The ideal candidate will have an interest in fitness and the desire to help people in their communities to get fit. We also prefer franchise owners who will be directly involved in the full-time operations and growth of their Soldierfit franchises. In turn, we'll provide the support franchisees need to run their businesses. We do, of course, also expect that franchisees have the right amount of capital to invest in the business. |
Financing Options |
|
| Franchise Fees | |
| Medifast | |
| Soldierfit | |
| Start-up Costs | |
| Medifast | |
| Soldierfit | |
| Equipment | |
| Medifast} | |
| Soldierfit | |
| Inventory | |
| Medifast | |
| Soldierfit | |
| Receivables | |
| Medifast | |
| Soldierfit | |
| Payroll | |
| Medifast | |
| Soldierfit | |
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 |
| Soldierfit | We provide comprehensive training in critical areas, including business management, sales and member retention, fitness training programs, equipment purchasing and usage, hiring and retaining staff, marketing and promotional activities, and much more. |
| 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 |
| Soldierfit | Our highly skilled and experienced corporate team is fully committed to helping you build and boost your business. And we will be available to you via phone, text, or email to answer your questions, troubleshoot, or discuss your business' progress and future. And of course we will conduct periodic visits to provide ongoing advice and counsel to help you continue to grow your business the Soldierfit way. |
| 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 |
| Soldierfit | You'll get our expert guidance with advertising, promotions, social media and more. Our corporate website helps drive business to your local franchise 24/7. Plus, you'll benefit from combined franchisee dollars in our system-wide marketing fund. |
| Operations | |
| Medifast | |
| Soldierfit | |
Expansion Plans |
|
| US Expansion | |
| Medifast | |
| Soldierfit | |
| Canada Expansion | |
| Medifast | |
| Soldierfit | |
| International Expansion | |
| Medifast | |
| Soldierfit | |