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DIET CENTER offers innovative weight management programs.
Franchisor Background
Year Established: 1972Franchising Since: 1972
Operating Units: Franchised Units: 325 100% Company-Owned Units: 0 0% ______ _____ Total Operating Units: 325 100% Geographic Distribution: U.S.: 313 96.3% In 44 States Canada: 11 3.4% In 4 Canadian Provinces International: 1 0.3% In 0 Foreign Countries ______ _____ Total: 325 100% North America: States/Provinces with the largest number of operating units: Density Units 1. New York 28 2. North Carolina 19 3. California 18
Registered in Following Registration States: California, Florida, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, Oregon, Rhode Island, South Dakota, Virginia, Washington, Wisconsin, District Of Columbia Financial Requirements
Investment: Minimum Net Worth: $50-75K Cash Investment: $16.4-34.9K Total Investment: $16.4-34.9K Average Total Investment: $26K Fees: Initial Franchise Fee: $15K Average Franchise Fee: $15K On-Going Royalty: 8%/$100/Wk. Average Royalty: 8% Advertising Fee: 8%/$500/Mo.
Average Number of Employees: 2 Full-time, 1 Part-timeSpace Needs (in square footage): 700-1,200Preferred Sites: Free-standing Building, Storefront, Strip CenterOther Sites: Encourage Conversions? YesEarnings Claims Provided? NoListed in the SBA Registry? NoSupport and Training
International Franchise Association: No Canadian Franchise Association: No Franchisee Association/Member: No Size of Corporate Staff: 40 Site Selection Assistance? Yes Lease Negotiation Assistance? Yes Financial Assistance? No Marketing Support: Co-Op Advertising: No National Advertising: No Regional Advertising: No Local Advertising: No Marketing Materials: None Specified Additional Services: None Specified Other Marketing Support: None Specified On-Going Support: Central Data Processing: Not Applicable Central Purchasing: Not Applicable Field Operation Evaluation: Included in Fees Field Training: Included in Fees Initial Store Opening: Included in Fees Inventory Control: Not Applicable Franchisee Newsletter: Included in Fees Regional or National Meetings: Included in Fees 800 Telephone Hotline: Included in Fees Training: 1. Akron, OH 3 Weeks
Franchisee Qualifications
Ranked from 1 (unimportant) to 5 (important): Financial Net Worth: 3 General Business Experience: 3 Specific Industry Experience: 3 Formal Education: 2 Psychological Profile: 3 Personal Interview(s): 5
Minority Representation
Units Owned by Minorities: African-American: N/A Asian-American: N/A Hispanic: N/A Native American: N/A Other: N/A Specific Minority: N/A
Terms of Contract
Term of Initial Contract: 5 Year(s) Term of Renewal Period: 5 Year(s) Passive Ownership: Allowed, But Discouraged Area Development Agreements? No Sub-Franchising Contracts? No Franchisees Allowed to Expand Within Territory? Yes
Expansion Plans
Projected New Units Over Next 12 months: 8-10
U.S.: Yes, All United States Canada: Yes, All Canada Overseas: No
