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Updated RecentlyHand and Stone Spa vs ApexNetwork Physical Therapy Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Hand and Stone Spa 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 | $567,626 - $674,476 | $148,350 - $344,400 |
| Franchise Fee | $32,500 - $42,500 | $35,000 |
| Royalty Fee | 5%-6% | 8% |
| Advertising Fee | 5% | 2% |
| Year Founded | 2004 | 1999 |
| Year Franchised | 2004 | 2008 |
| Term Of Agreement | - | - |
| Term Of Agreement | - | - |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | - | - |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | -/- | Yes/Yes |
| Start-up Costs | -/Yes | Yes/Yes |
| Equipment | -/Yes | -/Yes |
| Inventory | -/Yes | -/Yes |
| Receivables | -/- | -/Yes |
| Payroll | -/- | -/Yes |
Training & Support |
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| Training | On-The-Job Training: 85 hours Classroom Training: 54 hours Additional Training: At existing location | On-The-Job Training: 50 hours Classroom Training: 53 hours Additional Training: Ongoing webinars |
| Support | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Franchisee Intranet Platform | Purchasing Co-ops Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Marketing | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app | Ad Templates Regional Advertising Social media SEO Website development |
| Operations | Number of Employees Required to Run: 12 - 15 | Absentee Ownership Allowed Number of Employees Required to Run: 2 |
Expansion Plans |
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| US Expansion | Yes | Yes |
| Canada Expansion | Yes | - |
| International Expansion | - | - |
Company Overviews
About Hand and Stone Spa
Veteran Incentives 20% off franchise fee
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#151 in Franchise 500 for 2020.
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.