Weight Loss Industry Overview
The worldwide increase of weight problems, obesity and related health risks has reached near epidemic proportions in both developed and undeveloped countries. Advances in economic growth, modernization and urbanization have all been linked to this global rise in obesity. According to the Centers For Disease Control, in America alone, obesity is the second leading preventable cause of death, second only to cigarette smoking. The National Institute of Health reports that more than 60% of all Americans are overweight. Subsequently the weight loss industry in the U.S. is a $65 billion industry with projected growth of $40 billion over the next few years. The American Society of Bariatrics Physicians reports that between 20% to 40% of the American population is on a diet at any given time.
* Centers for Disease Control, Overweight and Obesity, Health Consequences, May, 2007.
Company Overview
In 1997, the creation of the LA Weight Loss brand grew from a diverse group of independent regional weight loss facilities. Since that time it has garnered an average annual growth of 50% in domestic and international centers, to position itself as one of the industry leaders. Year after year, Entrepreneur Magazine rates LA Weight Loss #1 in the weight loss category, including its ranking for 2008.
Chairman of the Board and Chief Executive Officer, Harold Katz has been with LA Weight Loss since the company’s inception. As the original founder of NutriSystem, Mr. Katz pioneered the concept of the center-based corporation. Recognizing the strength that comes with a consistent image and brand, Mr Katz’s vision encompassed expansion plans and a business model that included franchisees with the ability to own and operate multi-unit territories.
In 2004, the LA Weight Loss Franchise Company was formed. The subsequent outcome for franchisees has been a series of innovations and investments by Mr. Katz in the brand.
With locations worldwide, LA Weight Loss is one of the fastest growing center-based Weight Loss companies in the world. Clearly, there will always be a need for a legitimate and healthful weight loss program that changes peoples’ lives for the better.
The Franchise Opportunity
At LA Weight Loss, the winning combination for lasting franchise success is one that aligns your skills with our time-tested experience. With its modest investment fee, an LA Weight Loss Centers franchise is among the best values in franchising. For the cost of a single fast food franchise, you can open a territory of six or more multi-center units.
An LA Weight Loss Centers franchise offers you a robust business model and extensive ongoing support year after year. Our franchisees routinely attest to the satisfaction that comes with power of ownership in one of the fastest growing and most highly regarded companies in the weight loss industry.
Already established as an industry leader, we believe LA Weight Loss Franchise Company is uniquely positioned for sustained growth.
Center operations are active in the U.S., Canada, Puerto Rico, and Costa Rica. We are currently seeking developers for markets in:
• United States*
• Quebec, Canada
• United Kingdom
• Ireland
• South America
• Mexico
• Spain
* Limited availability.
Success Factors for Entrepreneurs
Research shows that the success rate of franchises is two and a half times greater than independent, non-franchise businesses. Furthermore, 95% of all franchises operate past their first year while less then 35% of independent businesses make it.**
LA Weight Loss Franchise Company takes a two-pronged approach to successful business outcomes. First is the efficacy of the weight loss program we offer our clients. That means coming to the marketplace with more than a diet. It means equipping clients with the tools they need to turn their lives around by living a healthy, active and balanced lifestyle; dropping weight and keeping it off for life.
Secondly, developers receive comprehensive ongoing support from startup through trainings, as well as marketing and promotion. Guidance from our team of seasoned experts covers such crucial areas as site selection and lease negotiations, executive training at headquarters, on-site trainings, In-Center Client Materials (including menu plans, diaries and success kits), year-round special event promotion materials and much, much more. We believe that the combination of your expertise with our unparalleled support and resources maximizes the potential for unlimited growth.
** Facts cited from Entrepreneur Magazine.
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