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Below is an in-depth analysis and side-by-side comparison of Medsonix vs BioPed Footcare Centres including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $79,900 | $162,000 - $225,000 |
Franchise Fee | $19,900 | $29,700 |
Royalty Fee | Varies | - |
Advertising Fee | - | - |
Year Founded | 2003 | 1980 |
Year Franchised | 2003 | 1985 |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | $2.5K | - |
Business Experience Requirements |
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Experience | - | |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/No | -/- |
Start-up Costs | No/No | -/- |
Equipment | No/No | -/- |
Inventory | No/No | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
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Training | Available at headquarters | - |
Support | Grand opening | - |
Marketing | - | - |
Operations | - | - |
Expansion Plans |
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US Expansion | - | - |
Canada Expansion | No | - |
International Expansion | No | - |
Chiropractic offices and wellness centers are being squeezed by the constant struggle to provide affordable treatment and positive outcomes while covering increasing fixed costs, reduced insurance payments and tighter economic conditions for cash-paying patients.
Does it cost more and take longer to attract and retain new patients? Are your monthly office meetings stalled by "what if” questions rather than finding real solutions for getting your practice back on track? Now you can jump-start your practice with the Medsonix Therapy System. A unique, simple to use pain therapy system that provides an innovative treatment alternative that will help build patient volume and deliver a new revenue stream to your bottom line.
Medsonix offers a unique opportunity to expand your practice with a state-of the art alternative pain therapy system that is affordable, easy to implement and simple to operate. You can make the Medsonix Therapy System a key part of your patient treatment plan to reduce pain or discomfort and improve patient wellness.Since 1981, our NOW 75+ BioPed Footcare Centres have been dedicated to aiding individuals who seek relief from foot and lower limb bio-mechanical problems. Our highly trained Pedorthists are uniquely qualified to evaluate, design and custom manufacture the highest quality orthotics in our onsite labs. Our Centres carry all types of fashionable orthopedic footwear. We create a "total patient care experience" resulting in a truly customized, complete patient solution.
Throughout more than 60 full-service Centers and satellite clinics across Ontario, New Brunswick and Nova Scotia, our Canadian Certified Pedorthists specialize in assessing and providing non-surgical treatment for conditions related to the functions of the feet and lower limbs. All BioPed Centers have on-site labs where we manufacture a full range of orthoses (orthotics) and can provide patients with the convenience of adjustments and specialized fitting services. We also carry a wide variety of fashionable, orthopaedic-quality footwear which can be customized if necessary for almost any foot irregularity. With each patient we treat, we strive to alleviate pain, increase comfort and stability and improve quality of life - and do so with exceptional, personalized care.
BioPed is actively seeking qualified individuals to expand our brand across Canada! If you wish to learn more about exciting franchise opportunities or would be interested in converting your existing clinic and joining the BioPed network, please contact us.