Fyzical is a physical therapy and wellness center providing rehabilitation and balance training services. The franchise utilizes proprietary methods and licensed therapists to improve physical health and quality of life.
Key Insights
- Fyzical began with a vision to transform physical therapy, growing from a single clinic into a comprehensive network offering a broad spectrum of wellness and rehabilitation services. The business model emphasizes evidence-based practices and patient-centered care, fostering a unique approach to health and recovery.
- The franchise operates a multi-faceted service model, integrating traditional physical therapy with specialized programs such as balance training, concussion management, and pain relief. This approach allows for a wide range of patient needs to be addressed within a single, accessible location.
- Operating within the growing health and wellness sector, Fyzical addresses the increasing demand for accessible and effective rehabilitative and preventative care. The industry is characterized by a focus on improved patient outcomes and proactive health management.
Franchise Fee and Costs to Open
Exploring the financial picture of Fyzical gives insight into both the upfront commitment and the potential revenue opportunity. According to FDD Item 7, opening this franchise typically involves an investment in the range of $167,850 - $418,600, along with a franchise fee of $49,000 - $49,000.
Financial Performance and Revenue
Yearly gross sales of $631,413 and estimated earnings of $94,712 - $126,283 show the potential financial performance of this franchise. These figures are crucial for prospective franchisees as they help to project revenue and profitability. They offer insight into the business's ability to generate income and can be used to compare its performance against other investment opportunities. The Franchise Payback Period of 3.2-5.2 provides an estimation of the time it might take for an owner to recover their initial investment. This metric is a key consideration for anyone evaluating the financial viability of a franchise, as it relates directly to the speed at which the business can become profitable. A shorter payback period can indicate a faster return on capital, which is a significant factor in making an informed decision about a franchise investment.
Training and Resources
Fyzical provides comprehensive initial training, a full week in Lakeland, Florida. This program offers extensive guidance on operational systems and brand standards. Fyzical also offers ongoing support and access to a network of resources to assist new franchisees.
Legal Considerations
Legal considerations for a Fyzical franchisee are outlined in the Franchise Disclosure Document (FDD) and the Franchise Agreement. Note that this franchise discloses lawsuits and/or bankruptcy information in its FDD, which may impact your evaluation. Subscribe now to access more details and be sure to consult a qualified attorney before proceeding.
Challenges and Risks
Franchisees may encounter considerations such as navigating existing local rehabilitation providers and distinct healthcare insurance landscapes. Effectively managing staff training, patient scheduling, and equipment maintenance presents operational complexity. Additionally, dependence on specific therapeutic device suppliers and a consistent flow of specialized physical therapy supplies forms part of supply chain considerations.
Franchise Datasheet
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