How much does a Fyzical franchise cost?
- Initial Franchise Fee: $70,000
- Total Investment: $138,750 to $390,000
- Working Capital: $25,000 to $35,000
- Royalty Fee: 6.0%
How much do Fyzical franchise owners make a year?
Average gross revenue for franchise locations was $1.12 million in 2019.
How many Fyzical locations are there?
With more than 430 centers in over 40 states, FYZICAL's revolutionary business model is designed to optimize profitability and growth, and offers comprehensive patient care through unique balance protocols and healthy lifestyle products and services.
Who started Fyzical?
Jim AbramsProven industry disruptor and legendary innovator, Jim Abrams, founded FYZICAL in 2012, continuing his track record as a successful business mogul and problem solver.
Who owns Fyzical Therapy & Balance Centers?
Justin Fesler - OwnerJustin Fesler - Owner at FYZICAL Therapy & Balance Centers - Lake Forest, California, United States | LinkedIn.
What is vestibular therapy?
Vestibular rehabilitation uses exercise to address dizziness and balance impairments. Treatments may include patient and caregiver education as well as in-clinic and home exercises, such as: Repositioning maneuvers for BPPV.
How much does a Fyzical franchise make?
Franchise revenue depends on a wide range of factors, as does profit. How much money you can make from any franchise depends on a number of specific factors such as franchise location, labor costs, commercial lease rates and a number of other factors . Unlock this franchise for franchise-specific data and insight.
What does it mean to find the best franchise?
Finding the best franchise means comparing several brands to determine the ideal fit for you.
How many franchise locations do they have?
As of the 2017 Franchise Disclosure Document, there are 339 franchised Fyzical locations in the USA.
When did they begin franchising?
They began franchising in 2013. The average Healthcare franchise began franchising in 2012.
What is a FYZICAL membership?
You are an individual with goals uniquely your own. Whether you seek wealth, community impact, freedom of time, a secure future for your business and team, or something else entirely, FYZICAL is here to help. Your membership is designed specifically to move you closer to YOUR goals.
Why add a FYZICAL balance center?
If you own an ENT or Audiology practice, adding a FYZICAL Balance center to your practice will enhance your patient care and financial opportunity. Learn why a FYZICAL Balance center is the perfect add on to an ENT or AuD practice.
Who is the Chief Development Officer of FYZICAL?
Followed by Q&A with FYZICAL's Chief Development Officer, Scott Wendrych.
Does FYZICAL have a private practice?
If you currently own a private physical therapy practice, FYZICAL will partner with you as physical therapy consults and will provide you with the knowledge, tools, and support you need to get more out of your business as it exists today and position it for greater success in the future . Learn more about aligning your practice with the FYZICAL Family.
When is franchise payable?
Payable when you transfer or sell your franchise.
How long does it take for a fyzical to charge a fee?
Fyzical reserves the right to charge this fee upon 30 days’ prior written notice to you.
What happens if you are sued by Fyzical?
If Fyzical is sued for claims relating to the operation of your Center or for damages that Fyzical incurs due to your breach of the Franchise Agreement, then you will reimburse Fyzical.
How much royalties do you pay for a therapist?
If the applicable laws or regulations do not permit payment of Royalty based on Gross Revenue, then you will pay Fyzical monthly Royalty in an amount equal to $800 per Therapist.
How much of gross revenue is marketing fund?
4. Marketing Fund Contribution: up to 2% of Gross Revenue per month
What is Fyzical responsible for?
Fyzical may choose to provide such training in person or virtually via live or pre-recorded training modules.
Is fyzical a franchise?
Fyzical is a member of the International Franchise Association (“IFA”) and participates in the IFA’s VetFran program, which provides financial incentives to qualified veterans to help them acquire franchised businesses. In support of this program, Fyzical reduces the initial franchise fee by 10% for qualified veterans.
About Fyzical Therapy and Balance Centers
We are much more than your typical physical therapy clinic. At FYZICAL Therapy & Balance Centers, we focus on improving the quality of life by using a holistic, whole-body approach to connect diagnosis with a customized plan of care.
Values & History
FYZICAL is the leader in the health and wellness space, providing private practices with business systems, operational support, clinical education, proprietary technology and protocols. We're actively changing the healthcare landscape by providing patients with wellness programs and clinical care in Fall Prevention, Orthopedic, and Vestibular Rehabilitation..
Industry Performance
With over $3 million in resources already dedicated, FYZICAL has created the world's most sophisticated brain trust of PTs, private practice owners, medical professionals, and business experts to bring growth, success, and prosperity to PT owners who want to remain 100% independently owned.
Purchasing a TRUE Franchise
Franchise Fee: $45,000. Net Worth Required: $400,000. Total Investment: $112,000 - $364,000.
Training & Support
After initial training is complete, it's time to get your FYZICAL location up and running. We'll work with you through virtually every aspect of the setup. We help assist you with things like territory selection, practice design, layout, setup, and vendor introductions. FYZICAL has world-class marketing support for your practice.
