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Below is an in-depth analysis and side-by-side comparison of Medsonix vs Physical Therapy Now 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 | $175,500 - $301,000 |
Franchise Fee | $19,900 | $40,000 |
Royalty Fee | Varies | 6%-5% |
Advertising Fee | - | 1% |
Year Founded | 2003 | 2011 |
Year Franchised | 2003 | 2015 |
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 |
Equipment | No/No | -/Yes |
Inventory | No/No | -/Yes |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
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Training | Available at headquarters | On-The-Job Training: 21.5 hours Classroom Training: 10 hours Additional Training: Online training |
Support | Grand opening | Purchasing Co-ops Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Site Selection |
Marketing | - | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing |
Operations | - | Absentee Ownership Allowed Number of Employees Required to Run: 3 - 4 |
Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | No | - |
International Expansion | No | Yes |
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.