Start-Up Costs and Fees |
||
| Orange Shoe Personal Fitness | Medifast | |
| Investment | 96600 - 325000 | 148000 - 269000 |
| Franchise Fee | ||
| Royalty Fee | 6% | |
| Advertising Fee | ||
| Year Founded | 2007 | 1980 |
| Year Franchised | 2009 | 2007 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Orange Shoe Personal Fitness | Medifast | |
| Experience | ||
Financing Options |
||
| Orange Shoe Personal Fitness | Medifast | |
| Franchise Fees | Yes | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Orange Shoe Personal Fitness | Medifast | |
| Training | Available at headquarters: 8 days. At franchisee's location: 8 days. Online training : 4 days. | Comprehensive Training Programs: Program and product training Operational training Weight-loss consultation and member management training Sales training Continuing education programs |
| Support | Newsletter Meetings Toll-free phone line Grand opening Internet Security/safety procedures Field operations/evaluations | 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 | Co-op advertising Ad slicks | 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 | 25% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 4. Absentee ownership of franchise is allowed. (80% of current franchisees are owner/operators). | |
Expansion Plans |
||
| Orange Shoe Personal Fitness | Medifast | |
| US Expansion | ||
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Orange Shoe Personal Fitness | |
| Medifast | |
| Franchise Fee | |
| Orange Shoe Personal Fitness | |
| Medifast | |
| Royalty Fee | |
| Orange Shoe Personal Fitness | 6% |
| Medifast | |
| Advertising Fee | |
| Orange Shoe Personal Fitness | |
| Medifast | |
| Year Founded | |
| Orange Shoe Personal Fitness | 2007 |
| Medifast | 1980 |
| Year Franchised | |
| Orange Shoe Personal Fitness | 2009 |
| Medifast | 2007 |
| Term Of Agreement | |
| Orange Shoe Personal Fitness | 10 years |
| Medifast | |
| Renewal Fee | |
| Orange Shoe Personal Fitness | |
| Medifast | |
Business Experience Requirements |
|
| Experience | |
| Orange Shoe Personal Fitness | |
| Medifast | |
Financing Options |
|
| Franchise Fees | |
| Orange Shoe Personal Fitness | Yes |
| Medifast | Yes |
| Start-up Costs | |
| Orange Shoe Personal Fitness | |
| Medifast | |
| Equipment | |
| Orange Shoe Personal Fitness} | |
| Medifast | |
| Inventory | |
| Orange Shoe Personal Fitness | |
| Medifast | |
| Receivables | |
| Orange Shoe Personal Fitness | |
| Medifast | |
| Payroll | |
| Orange Shoe Personal Fitness | |
| Medifast | |
Training & Support |
|
| Training | |
| Orange Shoe Personal Fitness | Available at headquarters: 8 days. At franchisee's location: 8 days. Online training : 4 days. |
| Medifast | Comprehensive Training Programs: Program and product training Operational training Weight-loss consultation and member management training Sales training Continuing education programs |
| Support | |
| Orange Shoe Personal Fitness | Newsletter Meetings Toll-free phone line Grand opening Internet Security/safety procedures Field operations/evaluations |
| 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 | |
| Orange Shoe Personal Fitness | Co-op advertising Ad slicks |
| 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 | |
| Orange Shoe Personal Fitness | 25% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 4. Absentee ownership of franchise is allowed. (80% of current franchisees are owner/operators). |
| Medifast | |
Expansion Plans |
|
| US Expansion | |
| Orange Shoe Personal Fitness | |
| Medifast | |
| Canada Expansion | |
| Orange Shoe Personal Fitness | |
| Medifast | |
| International Expansion | |
| Orange Shoe Personal Fitness | |
| Medifast | |