FYZICAL Therapy & Balance Centers Claimed
FYZICAL Therapy & Balance Centers Franchise For Sale
FYZICAL is the largest physical therapy franchise in the world with over 580 open locations in 46 states. This includes 60 company-owned clinics. We provide traditional Physical therapy services including injury and surgery rehabilitation, as well as specialty services like pelvic health, audiology etc. Our core differentiator is our proprietary Balance and Vestibular therapy for people who suffer from balance disorders like vertigo.
Approximately 40% of the U.S adult population will experience balance and dizziness issues in their lifetime and there are very few medical professionals that treat these disorders.
We have franchisees that are physical therapists as well as non-clinical owners that own our franchises and hire good PT’s to provide the clinical care. The typical location will be 2500 sf of space with 3-5 total employees. Franchisees also like the fact that we are a business that operates from 8-6 during the week and is not open during weekends. The demand for physical therapy services is growing exponentially and there are very few healthcare related franchises which makes this a truly unique opportunity.
Franchise Background
Franchised Units: 580
Company Owned Units: 60
States Not Registered: California
Not offering franchises to non Physical Therapists in: NY
International Franchises: No
Financial Terms
Minimum Net Worth: $650,000
Minimum Liquid Capital: $225,000
Franchise Fee for 1 unit: $49,000
Franchise Fee for 2 units: $35,000*
Franchise Fee for 3 units: $20,000*
*If these units are purchased as a package upfront.
Royalty: 6%
Ad: N/A
Item 19: Yes
Average Number of Employees: 5 -8
Visa Candidates: No
Passive Ownership: No
Semi-Passive Ownership: Yes (20-25hpw)
Home-Based: No
B2B: No
Master Franchise Opportunities: No
Area Representative: Yes
Area Representative is what we call a Master Franchisee. The minimum buy in for an AR territory is 1M population = $300k. A typical AR territory is between $300-500k. The AR gets 65% of franchise fees collected for locations in their territory. They pay no franchise fees for locations that they open in their territory. They receive 2.1% of royalties for locations that open in their territory and a reduced royalty of 3.9% vs 6% for locations that they open in their territory.
Veteran Discount: Yes (10% off franchisee fee for first license - $4900)
Support & Training
Lease Negotiation Assistance: Yes
Recruiting Assistance: Yes
Cooperative Advertising: Yes
Training:
Multi-day in-person training that covers both the basics of PT and business operations. Separate marketing-related training as well.
Ideal Candidate
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