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Updated RecentlyMedsonix vs ApexNetwork Physical Therapy Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Medsonix vs ApexNetwork Physical Therapy 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 | $148,350 - $344,400 |
| Franchise Fee | $19,900 | $35,000 |
| Royalty Fee | Varies | 8% |
| Advertising Fee | - | 2% |
| Year Founded | 2003 | 1999 |
| Year Franchised | 2003 | 2008 |
| 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 | Yes/Yes |
| Start-up Costs | No/No | Yes/Yes |
| Equipment | No/No | -/Yes |
| Inventory | No/No | -/Yes |
| Receivables | No/No | -/Yes |
| Payroll | No/No | -/Yes |
Training & Support |
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| Training | Available at headquarters | On-The-Job Training: 50 hours Classroom Training: 53 hours Additional Training: Ongoing webinars |
| Support | Grand opening | Purchasing Co-ops Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Marketing | - | Ad Templates Regional Advertising Social media SEO Website development |
| Operations | - | Absentee Ownership Allowed Number of Employees Required to Run: 2 |
Expansion Plans |
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| US Expansion | - | Yes |
| Canada Expansion | No | - |
| International Expansion | No | - |
Company Overviews
About Medsonix
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.About ApexNetwork Physical Therapy
ApexNetwork Physical Therapy is the first physical therapy franchise offered on the market! The model works with our corporate clinics and it works as a franchise business. As we continue to grow and expand our corporate footprint, we opened our first franchise location in Wood River, Illinois, in 2009. Not long after, the franchising industry took notice of our growing concept and we were recognized by Entrepreneur Magazine every year since. We have proven the franchise model again and again in each of our franchise locations, and in various challenging markets, as a viable and profitable business model. Our continued passion and desire to reach more individuals helps fuel our growth as we continue to expand into new markets and embrace new opportunities.
2014 proved to be another landmark year. Not only did we begin offering hospital inpatient and outpatient physical, occupational, and speech therapy in Greenville, Illinois, but we also entered the southwest market of the U.S. with a franchise location in the state of New Mexico.
ApexNetwork Physical Therapy continues to expand our geographic footprint with now over 50 clinics in Arizona, Colorado, Illinois, Kentucky, Missouri and New Mexico. As we continue to grow, our system enhancements and support to our owners continues to become more robust.
As ApexNetwork Physical Therapy continues to expand throughout the United State, we invite you to become part of our growing network.
Together we can be the best in rehabilitation.