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Best
Top 5 Vitamin & Nutrition Franchises
Key Facts For HYPOXI America
-
- Franchising Since:
- 1995
-
- Franchise Units:
- 241
-
- Cash Investment:
- $35K
-
- Total Investments:
- $250 - 350K
-
- Royalty Fee Rate:
- 6%
-
- Financing Available:
- 1
-
- Website:
- www.hypoxi.com
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Key Facts For Charter Fitness of Levitt...
-
- Franchising Since:
- 2002
-
- Franchise Units:
- 35
-
- Cash Investment:
- $300,000
-
- Total Investments:
- $577,708 - $1,201,802
-
- Royalty Fee Rate:
- 5%
-
- Financing Available:
- 1
-
- Website:
- www.charterfitness.com
Key Facts For Max Muscle
-
- Franchising Since:
- 1991
-
- Franchise Units:
- 150
-
- Cash Investment:
- $18.5-35KK
-
- Total Investments:
- $122,500 to $296,700
-
- Royalty Fee Rate:
- 6%
-
- Financing Available:
- 1
-
- Website:
- www.maxmuscle.com
Key Facts For Complete Nutrition
-
- Franchising Since:
- 2004
-
- Franchise Units:
- 160
-
- Cash Investment:
- $50,000
-
- Total Investments:
- $186,425 - $253,275
-
- Royalty Fee Rate:
- 8-9%
-
- Financing Available:
- 1
-
- Website:
- www.completenutrition.com
Key Facts For Medifast Weight Control C...
-
- Franchising Since:
- 2002
-
- Franchise Units:
- 66
-
- Cash Investment:
- $500,000
-
- Total Investments:
- $152,250 - $287,500
-
- Royalty Fee Rate:
- 7%
-
- Financing Available:
- 1
-
- Website:
- www.medifastcenters.com
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Evaluation Critieria: Best Vitamin & Nutrition Franchise Opportunities
Growth Prospect
Entrepreneurs investigating opportunities for vitamin and nutrition franchises look for franchises with an extensive history of successful businesses and established long-term growth and expansion. We spend time comparing the amount of growth of the top competing vitamin and nutrition franchises in order to recommend the franchises which have a grasp of how to create successful and cultivated businesses.
Marketing Support
One of the common concerns entrepreneurs express during our analysis involves the advertising and marketing initiatives of the nutrition and vitamin franchises which we evaluate. We investigate the internal methodologies and strategies which guide how the franchises market the products which they offer, any sales they are offering, their membership programs, and their overall ability to reach a relevant audience.
Training
Those looking for vitamins and nutritional products may not be entirely certain what they are looking for. It is important for franchises to ensure individuals selling products under their brand have an in-depth grasp of vitamins and nutrients to guide potential customers to the right product to ensure client retention and the growth of their business.
Ongoing Support
Due to the changing nature of vitamins and nutrients it is important for franchises to ensure their franchised businesses remain aware of new offerings within the industry and new developments uncovered in the scientific community. We investigate how much communication and assistance the top vitamin and nutrition franchises have with each of their franchised businesses and the effect it has on them.
Value
How we determine the relative value of a franchise involves a close look at the long-term financial performance of a franchise and the brand recognition achieved in a franchises target market. It is important for the brand to develop a sense of trust and authority amongst those which have a primary interest in purchasing and using vitamins and other nutrition products.