Question 1

Does Medi-Weightloss franchise offer exclusive territory?

Accepted Answer

Medi-Weightloss offers Protected territory protection to its franchisees. This means you have limited protection from nearby competition, though some restrictions may apply.

Question 2

What is the Medi-Weightloss franchise agreement term length?

Accepted Answer

The initial franchise agreement term for Medi-Weightloss is 10 years. Franchisees may renew up to 2 times for 5-year periods. The total potential term is 20 years.

Question 3

What is the non-compete clause for Medi-Weightloss franchise?

Accepted Answer

The Medi-Weightloss franchise non-compete clause extends for 2 years within a 25-mile radius after termination or expiration of the franchise agreement.

Question 4

Can you transfer or sell a Medi-Weightloss franchise?

Accepted Answer

Yes, Medi-Weightloss allows franchise transfers, subject to franchisor approval and conditions outlined in the agreement. A transfer fee of $18,750 applies.