Start-Up Costs and Fees |
||
| Physicians Weight Loss Centers | Fitness Together | |
| Investment | 95643 - 173857 | 189162 - 328576 |
| Franchise Fee | 0 | |
| Royalty Fee | 6% | |
| Advertising Fee | 2% | |
| Year Founded | 1979 | 1984 |
| Year Franchised | 1980 | 1996 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Physicians Weight Loss Centers | Fitness Together | |
| Experience | Industry experience | |
Financing Options |
||
| Physicians Weight Loss Centers | Fitness Together | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Physicians Weight Loss Centers | Fitness Together | |
| Training | Classroom Training: 40 hours | |
| Support | Newsletter Meetings/Conventions Grand Opening Online Support Field Operations Site Selection Proprietary Software Franchisee Intranet Platform | |
| Marketing | Network Support Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app | |
| Operations | International franchisees required to buy multiple units/master licenses; 10% of all franchisees own more than one unit Number of employees needed to run franchised unit: 3 - 5 Absentee ownership of franchise is allowed. (95% of current franchisees are owner/operators) | |
Expansion Plans |
||
| Physicians Weight Loss Centers | Fitness Together | |
| US Expansion | Nationwide, | 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 | |
| Physicians Weight Loss Centers | |
| Fitness Together | |
| Franchise Fee | |
| Physicians Weight Loss Centers | |
| Fitness Together | |
| Royalty Fee | |
| Physicians Weight Loss Centers | |
| Fitness Together | 6% |
| Advertising Fee | |
| Physicians Weight Loss Centers | |
| Fitness Together | 2% |
| Year Founded | |
| Physicians Weight Loss Centers | 1979 |
| Fitness Together | 1984 |
| Year Franchised | |
| Physicians Weight Loss Centers | 1980 |
| Fitness Together | 1996 |
| Term Of Agreement | |
| Physicians Weight Loss Centers | |
| Fitness Together | 10 years |
| Renewal Fee | |
| Physicians Weight Loss Centers | |
| Fitness Together | 25% of current franchise fee |
Business Experience Requirements |
|
| Experience | |
| Physicians Weight Loss Centers | |
| Fitness Together | Industry experience |
Financing Options |
|
| Franchise Fees | |
| Physicians Weight Loss Centers | |
| Fitness Together | |
| Start-up Costs | |
| Physicians Weight Loss Centers | |
| Fitness Together | |
| Equipment | |
| Physicians Weight Loss Centers} | |
| Fitness Together | |
| Inventory | |
| Physicians Weight Loss Centers | |
| Fitness Together | |
| Receivables | |
| Physicians Weight Loss Centers | |
| Fitness Together | |
| Payroll | |
| Physicians Weight Loss Centers | |
| Fitness Together | |
Training & Support |
|
| Training | |
| Physicians Weight Loss Centers | |
| Fitness Together | Classroom Training: 40 hours |
| Support | |
| Physicians Weight Loss Centers | |
| Fitness Together | Newsletter Meetings/Conventions Grand Opening Online Support Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Marketing | |
| Physicians Weight Loss Centers | |
| Fitness Together | Network Support Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Operations | |
| Physicians Weight Loss Centers | |
| Fitness Together | International franchisees required to buy multiple units/master licenses; 10% of all franchisees own more than one unit Number of employees needed to run franchised unit: 3 - 5 Absentee ownership of franchise is allowed. (95% of current franchisees are owner/operators) |
Expansion Plans |
|
| US Expansion | |
| Physicians Weight Loss Centers | Nationwide, |
| Fitness Together | 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 | |
| Physicians Weight Loss Centers | |
| Fitness Together | |
| International Expansion | |
| Physicians Weight Loss Centers | |
| Fitness Together | |