Start-Up Costs and Fees |
||
| Nitro Fitness for Men | Medifast | |
| Investment | 55500 - 76500 | 148000 - 269000 |
| Franchise Fee | ||
| Royalty Fee | $498/month | |
| Advertising Fee | ||
| Year Founded | 2004 | 1980 |
| Year Franchised | 2004 | 2007 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Nitro Fitness for Men | Medifast | |
| Experience | ||
Financing Options |
||
| Nitro Fitness for Men | Medifast | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Nitro Fitness for Men | 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 |
||
| Nitro Fitness for Men | Medifast | |
| US Expansion | ||
| Canada Expansion | 0 | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Nitro Fitness for Men | |
| Medifast | |
| Franchise Fee | |
| Nitro Fitness for Men | |
| Medifast | |
| Royalty Fee | |
| Nitro Fitness for Men | $498/month |
| Medifast | |
| Advertising Fee | |
| Nitro Fitness for Men | |
| Medifast | |
| Year Founded | |
| Nitro Fitness for Men | 2004 |
| Medifast | 1980 |
| Year Franchised | |
| Nitro Fitness for Men | 2004 |
| Medifast | 2007 |
| Term Of Agreement | |
| Nitro Fitness for Men | 7 years |
| Medifast | |
| Renewal Fee | |
| Nitro Fitness for Men | $5,000 |
| Medifast | |
Business Experience Requirements |
|
| Experience | |
| Nitro Fitness for Men | |
| Medifast | |
Financing Options |
|
| Franchise Fees | |
| Nitro Fitness for Men | No |
| Medifast | No |
| Start-up Costs | |
| Nitro Fitness for Men | |
| Medifast | |
| Equipment | |
| Nitro Fitness for Men} | |
| Medifast | |
| Inventory | |
| Nitro Fitness for Men | |
| Medifast | |
| Receivables | |
| Nitro Fitness for Men | |
| Medifast | |
| Payroll | |
| Nitro Fitness for Men | |
| Medifast | |
Training & Support |
|
| Training | |
| Nitro Fitness for Men | |
| Medifast | Comprehensive Training Programs: Program and product training Operational training Weight-loss consultation and member management training Sales training Continuing education programs |
| Support | |
| Nitro Fitness for Men | |
| 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 | |
| Nitro Fitness for Men | |
| 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 | |
| Nitro Fitness for Men | |
| Medifast | |
Expansion Plans |
|
| US Expansion | |
| Nitro Fitness for Men | |
| Medifast | |
| Canada Expansion | |
| Nitro Fitness for Men | 0 |
| Medifast | |
| International Expansion | |
| Nitro Fitness for Men | |
| Medifast | |