Medi-Weightloss

Medi-Weightloss® is the nation's leading medically supervised weight loss company. Their comprehensive program blends one-on-one support and education with cutting edge technology and a clinically proven protocol to produce REAL RESULTS! As part of the program, physicians and medical professionals provide individualized care based on patients' goals, health, and medical history; as well as provide weekly consultations that focus on nutrition, lifestyle, and exercise. Many locations are now accepting insurance!

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Medi-Weightloss
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Medi-Weightloss Franchise Cost and Requirements for 2024

Background

Business Features:

Proven Program: Medi-Weightloss® utilizes a medically supervised, personalized weight loss program focused on nutrition and fitness. One-on-one doctor/patient counseling tailored, ongoing patient support and education, and state of the art diagnostic tools to help patients maximize their weight loss results, ensure patient safety, and achieve long-term wellness. 
 
Infrastructure: Medi-Weightloss® has an award winning clinical research team, a team of compliance professions, a full-service marketing and in-house advertising agency, dedicated field consultants, and the highest support staff to franchisee ratios in the industry at 1:1 (50+ employees supporting the  franchise system). 
 
Multiple Revenue Streams: There are multiple residual revenue streams (repeat patient visits, injections, proprietary products/supplements, adolescent program and diabetic program, IV Therapy, prescription weightloss and GLP-1 medications), which provide enormous earnings potential! 
 
Financial Performance Representations: In 2023 the top tier of all reporting franchised locations  generated an average of $1,592,417 in gross revenue and $363,250 in net income before other  expenses. In 2023, the average of all reporting franchised locations generated $901,641 in gross  revenue and $180,922 in net income before other expenses. 
 
Proprietary Product Line: Medi-Weightloss® has its own product line of Products and Supplements;  which consists of supplements, meal plans, snacks and more. 
 
Proprietary Software (Advantage): Medi-Weightloss® provides a full suite of world class proprietary  business management software to manage the business, patient data, and inventory. Additionally, Medi Weightloss® has a patient website and corresponding mobile application; which allows patients to track their progress and order products online. 
 
World-Class Training and Turn-Key Opportunity: Medi-Weightloss® offers a comprehensive 5 day  training program at their corporate office in Tampa, Florida; which includes owner/manager training,  medical professional training. Additionally, Medi-Weightloss® provides all the necessary medical  equipment and on-site training, which includes office procedural training to ensure a successful opening.
 

 

Company Details

Established: 2005
First Unit Franchised: 2008
Franchised Units: 130+
Company Owned Units: 17
States Registered In: All - Except HI
Canada Franchises: No
International Franchises: No

CA Regulations are that only a physican can own a Medi-Weightloss location.  Please note that this is the only State that has that requirement.

Support and Training Offered By Medi-Weightloss

Financial Assistance Provided: No
Site Selection Assistance: Yes
Lease Negotiation Assistance: Yes
Recruiting Assistance: Yes
Co-Operative Advertising: Yes

Training:
Medi-Weightloss® offers initial training, on-going training, annual meetings, help lines, marketing and public relations assistance, compliance assistance, and central purchasing. An award-winning clinical research team and the most extensive support staff in franchising that supports franchisees. Franchisees gain access to our advanced, proprietary EMR/CRM Software, which allows them to do business when they are unable to be on-site. And, they are provided the opportunity to share in the residual profit from the Medi-Weightloss® Signature Supplement and Product line.

Medi-Weightloss® offers a comprehensive five-day training program at the Corporate Office in Tampa, FL for both franchisees AND their entire staff. Training encompasses all the following areas:   

  • The Medi-Weightloss® Program  
  • Medi-Weightloss® Adolescent Program 
  • Clinic Management Software with integrated electronic health record (Advantage) 
  • Sales Training and Customer Service  
  • Medical Guidelines and Protocol 
  • Compliance and Pharmacy Management 
  • Signature Supplements and Products 
  • Marketing Policies and Programs 
  • Operations and Finance 
  • Nutrition and Exercise Counseling 
  • IV therapy 

Additionally, your Medi-Weightloss® Regional Franchise Consultant will be on-site for your grand opening to continue training and prepare you for the opening. The areas of focus are: 

  • Daily Operations and Patient Flow 
  • Counseling and Coaching Strategies 
  • Creating a positive and consistent patient experience 
  • Sales and Objection Handling 
  • Inventory Management Products, Supplements, and Medication 
  • Creating Office Procedures and Understanding Reports 
  • Equipment Operations 
  • Compliance 

After your opening, a Franchise Consultant and other corporate employees visit your franchise periodically for:

  • Compliance Education and Auditing 
  • Generalized Continued Training and Support 

There is on-going training via online resources (manuals, standard operating procedures, how-to-guides), online courses, webinars, and periodic events (regional or system wide meetings). 

2024 Franchise Requirements Needed to Own a Medi-Weightloss Franchise.

What does a Medi-Weightloss Franchise Cost?

Medi-Weightloss franchise fees for 2024:

Cash Investment: $100,000 
Total Investment: $208,000- $430,000 per Item 7
Minimum Net Worth: $400,000
Franchise Fee: $45,000, 2 pack is $75,000. 3 pack is $90,000
Royalty: 10%
Ad: 1%
Average Number of Employees: 3 - 5
Item 19: Yes
Visa Candidates: No
Semi-Absentee Ownership: yes
Home Based: No
B2B: No
Master Franchise Opportunities: No
Veteran Discount: Yes- 10%

Other Financial Terms:  Initial Investment and Prospect Qualifications

  • The franchise fee is $45,000, the Initial Package is $49,000, the training fee is $5,000.  Your total initial investment due at time of signing is $99,000.
  • $54,000 of the $99,000 includes all of the medical equipment, capital equipment, product, supplies, ancillary items, and training - basically everything other than your furniture, fixtures, computer and telephones that you need to open your franchise.
  • The $54,000 also includes all of the training for the week in Tampa,  In addition, during opening week our team will come out to your location for the grand opening. 

In order for a candidate to acquire a single Medi-Weightloss(R) location they must have the below assets:

  • Semi-Absentee Owner: $100,000 in liquid assets. $400,000 in Net Worth.
  • Owner Operator: $150,000 in liquid assets. $500,000 in New Worth.


Is Medi-Weightloss a Semi Absentee Franchise with a Passive Ownership Opportunity?

Yes. Medi-Weightloss is a semi absentee franchise and allows passive ownership. A semi-absentee franchise is a business you could start and run while still maintaining a job or other obligation.

Is Medi-Weightloss a Home Based franchise?

No. Medi-Weightloss is not a home based franchise opportunity.

What Do Medi-Weightloss Franchise Owners Make?

Click here to find out how much Medi-Weightloss franchisees make. Medi-Weightloss offers an Item 19 in their Franchise Disclosure Document which provides financial information about select franchisees in their franchise system.

Is Medi-Weightloss a Master Franchise Opportunity?

No. Medi-Weightloss is not a master franchise opportunity.

Does Medi-Weightloss Offer a Veteran Discount?

Yes. Medi-Weightloss franchise does offer a veteran discount.

Does Medi-Weightloss Work with E2 Visa and EB-5 Visa Candidates?

Yes. Medi-Weightloss franchise does work with E2 Visa and EB-5 Visa candidates.

Is Medi-Weightloss Looking for Franchisees in Canada?

No. Medi-Weightloss franchise is not looking for Canada franchisees.

Is Medi-Weightloss Looking for International franchisees?

No. Medi-Weightloss franchise is not looking for International franchisees.

Where can I see Medi-Weightloss's FDD (Franchise Disclosure Document)?

Buying a Franchise Guide: What is a Franchise Disclosure Document?

When evaluating a franchise opportunity, reading and understanding the current version of their FDD is a necessity. Considering the benefits of franchising, such as established brand recognition and support from the franchisor, it's important to also take into account franchise fees and franchising royalty fees. Since most franchisors are privately owned companies, the current versions of their FDDs are typically not available unless requested directly from them.

Click here to connect with a Franchise Consultant who can help you obtain a copy quickly and for free. They can also guide you through the essential franchise questions to ask, ensuring you make a well-informed decision about your investment.

Additional Information

Additional Categories

Health, Beauty & Nutrition, Non Food Franchises

Number of Units Open

100+ UNITS

Cash Required

$50,000 - $100,000

Master Franchise

No

Passive Franchise

Yes

Home Based Franchise

No

Item 19 Franchise

Yes

Veteran Discount

No

B2B

No

Franchise Opportunities in Canada

No

International Franchise Opportunities

No

E2 Visa Franchise

Yes

Medi-Weightloss Franchises for Sale

Click Here to inquire about existing Medi-Weightloss franchises for sale. We may have Medi-Weightloss franchise resales. A franchise resale is an already established franchise owned by a franchisee and the franchisee is looking to sell their franchise.

The International Franchise Professionals Group (IFPG) is an internationally recognized membership-based franchise organization. IFPG Franchise Consultants guide aspiring business owners through the process of identifying and investing in franchise businesses. The IFPG represents more than 550 franchises. We do not represent all franchises listed here. By clicking on "Request a Consultation," you are agreeing to be contacted by one of our Certified Franchise Consultants to discuss franchise ownership.

About our rankings: The IFPG uses its internal data collected from our membership portal to identify which franchises had the most activity in the past week. This ranking system is not based on franchise sales, franchisee success rates or number of units open. Our ranking system should not be used to make a decision on which franchise to buy it was solely created for internal purposes and for our IFPG Members.