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| Brand | Medi-Weightloss Healthcare Remove | The Covery Healthcare Remove |
|---|---|---|
| Vitals | ||
Investment range | $207K – $435K | $260K – $383K |
Liquid capital | $20K – $60K | $15K – $25K |
Franchise fee | $45K | $43K |
Royalty rate | N/A | N/A |
Ad fund rate | 1.0% | N/A |
| Performance | ||
Avg gross sales | $902K | $709K |
Median gross sales | $753K | N/A |
Avg owner earnings Metric varies by brand. Check type below | $181K | N/A |
Earnings metric | Net Income | Not classified |
| Risk | ||
Rating | ATop Quintile | BAbove Average |
Risk score | 37 / 100 | 62 / 100 |
SBA charge-off rate | 6.3% | 0.0% |
SBA loans on record | 48 | 2 |
| Scale | ||
Total units | 105 | 9 |
Net change (latest yr) | N/A | N/A |
Turnover rate | 2.9% | 11.1% |
| Contract | ||
Initial term (years) | 10 | 10 |
Renewal term (years) | 5 | 10 |
Initial training (hrs) | 290 | 57 |
| Contacts | ||
Franchisee phones | 94 | 13 |
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