| ||||
Updated RecentlyElements vs Renuva Back & Pain Centers Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Elements vs Renuva Back & Pain Centers including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
| Investment | $251,950 - $491,350 | $106,500 - And Up |
| Franchise Fee | $39,900 | $30,000 |
| Royalty Fee | 6% | - |
| Advertising Fee | 2% | - |
| Year Founded | 2000 | - |
| Year Franchised | 2006 | - |
| Term Of Agreement | 10 | - |
| Term Of Agreement | 10 | - |
| Renewal Fee | - | - |
Business Experience Requirements |
||
| Experience | - | - |
Financing Options |
||
| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | -/Yes | -/- |
| Start-up Costs | -/Yes | -/- |
| Equipment | -/Yes | -/- |
| Inventory | -/Yes | -/- |
| Receivables | -/Yes | -/- |
| Payroll | -/Yes | -/- |
Training & Support |
||
| Training | Classroom Training: 54.5 hours | - |
| Support | Newsletter Meetings/Conventions Grand Opening Online Support Field Operations Site Selection Franchisee Intranet Platform | - |
| Marketing | Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing | - |
| Operations | - | - |
Expansion Plans |
||
| US Expansion | Yes | - |
| Canada Expansion | - | - |
| International Expansion | - | - |
Company Overviews
About Elements
- Recurring Revenue
Applicable to just a handful of lucky businesses, recurring membership models foster a steady revenue stream. Unlike with gym or weight-loss memberships, there’s nothing stopping clients from sticking to the program.
- Exceptional Training & Systems
From the training you’ll receive at Franchise University to the systems that inform virtually every aspect of your business - marketing, finance, operations, client and talent acquisition - you’ll rely on proven methods designed to streamline efficiencies in all areas.
- Coveted Spot in the Wellness Community
As a natural partner to the expanding health and wellness industry, you’ll find a wealth of referral opportunities that will benefit your clients, your community, and your own bottom line. It’s the perfect time to secure your place in what some observers are calling “the next trillion dollar industry.”
The total investment necessary under the Area Development Agreement is estimated to be $79,800 (for a 2-studio commitment) to $299,000 (for a 10-studio commitment). This entire amount must be paid to the franchisor.
!["Entrepreneur]("https://d3fg11dgb68kbp.cloudfront.net/assets/photos/franchise-badge-22686037fc120ba1bd59c2c9fd6e0fbf.png"){kind=icon}
About Renuva Back & Pain Centers
When treating pain, many options like medication and injections focus on managing the pain versus fixing the cause. So, it's no surprise Renuva's proprietary non-surgical and drug-free therapies, which address the cause of the pain, are quickly becoming the preferred choice for long-term pain relief. An innovative, non-surgical and drug-free therapy that relieves muscle and joint pain through the use of Deep Tissue Laser Therapy. Renuva provides innovative pain-relief therapies, as an alternative to harmful prescription drugs, ineffective injections and high-risk surgery. Renuva's compassionate doctors and staff utilize leading edge technologies to provide an exceptional patient experience. Renuva's CoreCare therapy is a multidisciplinary, non-surgical and drug-free approach to treating spine related pain, that combines leading-edge technology from four medical specialties: pain management, sports medicine, orthopedic medicine and physical therapy.