Medifast Weight Control Center FDD Summary
Type of Business
The franchise offered is for the establishment and operation of center-based retail weight loss centers that sell Medifast-branded meal replacement products and lifestyle education services to overweight and obese individuals. All franchisees must agree to develop a minimum of three (3) Medifast® Centers within a defined geographic region pursuant to our Development Agreement.
Medifast Franchise Systems, Inc. was incorporated in the State of Delaware on December 5, 2006 for the purpose of offering Medifast Weight Control Center franchises and area development rights. Their principal business address is 11445 Cronhill Drive, Owings Mills, Maryland 21117.
The total investment necessary to begin operation of a Medifast® Weight Control Center business with the rights to open three (3) Medifast® Centers is from $157,.250 – S292,500. This includes from $4,750 to $51,.000 that must be paid to the franchisor or affiliate (representing, in part, the Franchise Fee for the first of the three Medifast Centers and a non-refundable deposit towards the Franchise Fee of an additional two Medifast Centers of $5,000 each).