Medifast Opens First Franchise Clinic

Medifast Opens First Franchise Clinic
October 10, 2008

Owings Mills, Md.-based Medifast Inc. announced the opening of the first franchisee-owned Medifast Weight Control Center in the Baltimore market located in the Festival at Bel Air Shopping Center. This marks a milestone for the company as it continues to expand the brick-and-mortar clinic model throughout the United States using a combination of both corporate and franchisee-owned clinics. The first clinic opening in the Baltimore market is part of the previously announced sale of four franchise rights agreements in this market. The franchisee also has the right to open four additional Medifast Weight Control Centers in the Baltimore area over the next two years, bringing the total to eight locations. In addition to the recently opened franchise clinic, the company currently operates 20 corporate-owned clinics, including 10 in Dallas, eight in Houston and two in the Orlando, Fla., market. The company continues to seek opportunities to expand its reach throughout the United States in both corporate- and franchisee-owned clinics with an additional five clinics expected to open through the end of the year.

Produced by: Nielsen Business Media, a part of the Nielsen Company
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