- What is franchising?
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Franchising is a continuing relationship in which the franchisor provides a licensed privilege to do business under the Medi-Weightloss Clinics® Brand along with assistance in organizing, training, marketing, and management in return for a royalty fee from the franchise.
- Is financing available?
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Although Medi-Weightloss Clinics® does not provide financing, we have taken significant steps to ease the process of financing your franchise investment. To help you get started, we have developed relationships with several preferred lenders who offer competitive and flexible financing options.
- Can I have a business partner even if I don't meet the financial requirements on my own?
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A franchisee applicant may have a business partner; however, the contracting partners must meet the financial requirements.
- What is the profitability of the business?
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There is no simple answer to this question. There are many variables that make it impossible to predict future profitability with certainty, such as location, sales, competition, and your ability to manage and grow the business. For these reasons, we do not predict sales, costs, or profits for any future Medi-Weightloss Clinics®. We encourage you to discuss the business with our existing franchisees as well as a competent attorney and accountant.
- Average actual daily revenue per patient-based clinic: $3,918
- Based on full-time clinic open 247 days annually
- Potential revenue: 247 days × $3,918 = $967,746
- Where can I obtain the following information?
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You will find the following included in the Medi-Weightloss Clinics® Franchise Disclosure Document (FDD):
- Federal Disclosure Document
- Franchisor's financial statements
- A copy of the franchise agreement
- A list of existing Franchisees to contact
- Cost breakdowns
- Advertising fees, royalties and initial franchise fees
- What type of training will I attend before I open my Medi-Weightloss Clinics®?
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Medi-Weightloss Clinics® provides a comprehensive, hands-on training at our corporate location in Tampa, Florida, required for each new franchisee prior to opening.
- What happens after I submit my online application?
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You will be emailed a confirmation receipt that we have received your online application. If you meet pre-approval standards, a Business Development Manager will contact you with next steps.
- How long will it take to get approved as a franchisee?
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Initial qualification involves a series of background checks and interviews that can take up to two months.
- What kind of franchise support can I expect from Medi-Weightloss Clinics®?
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- A comprehensive training program
- Ongoing support from experienced operations, marketing, clinic management and sales professionals
- Regional and national advertising
- Marketing material such as radio and TV commercials, newspaper ads, direct mail, coupons, promotional posters and signage that can be customized for your location
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A completely web-based system that includes:
- Practice Management System
- EMR and Prescription Labeling
- Online Ordering
- Training and Protocol Support
- Full HIPAA Compliance
- Dedicated Clinic Management Specialist for your specific clinic
- Compliance training and clinic audits
- What do I need to do to begin the process of becoming a Medi-Weightloss Clinics® Franchisee?
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Complete and submit the online request form. Once you have submitted the request form, a Business Development Manager will contact you with the next steps.