Elements vs Fyzical Therapy & Balance Centers Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Elements vs Fyzical Therapy & Balance 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 | $12,500 - $729,000 |
Franchise Fee |
$39,900 | $0 - $120,000 |
Royalty Fee |
6% | 6%- 8% |
Advertising Fee |
2% | - |
Year Founded |
2000 | 2012 |
Year Franchised |
2006 | 2013 |
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 | Yes/Yes |
Start-up Costs |
-/Yes | -/Yes |
Equipment |
-/Yes | -/Yes |
Inventory |
-/Yes | -/Yes |
Receivables |
-/Yes | -/Yes |
Payroll |
-/Yes | -/Yes |
Training & Support |
Training |
Classroom Training: 54.5 hours
| Classroom Training: 24 hours
|
Support |
Newsletter
Meetings/Conventions
Grand Opening
Online Support
Field Operations
Site Selection
Franchisee Intranet Platform
| Purchasing Co-ops
Newsletter
Meetings/Conventions
Toll-Free Line
Grand Opening
Online Support
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform |
Marketing |
Ad Templates
National Media
Regional Advertising
Social media
SEO
Website development
Email marketing
| Co-op Advertising
Ad Templates
National Media
Regional Advertising
Social media
SEO
Website development
Loyalty program/app |
Operations |
- | - |
Expansion Plans |
US Expansion |
Yes | Yes |
Canada Expansion |
- | - |
International Expansion |
- | - |
Company Overviews
About Elements
When simplicity is the essence of your business model, clients and owners benefit. Clients want a predictably wonderful experience with every visit. And you want a business that takes the guesswork out of daily operations, so you can focus on growth and creating a solid, profitable enterprise that will thrive for years to come. At Elements Massage® we’re working to achieve both with impressive results.
As an Elements Massage® franchisee, you’ll be part of a vibrant and fast-growing segment of the wellness arena, buoyed by training and systems that will support your growth and help you stand out in your market.
- 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 to begin operation of an Elements Massage
studio ranges from $251,950 to $491,350. This includes $74,024 to
$85,521 that you must pay to the franchisor or its affiliates.
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.
Veteran Incentives 20% off franchise or development fee
#456 in Franchise 500 for 2020.
#371 in Franchise 500 for 2021.
About Fyzical Therapy & Balance Centers
Spelled Different Because We Are Different.
A physical therapy franchise leading the charge to transform
healthcare from one of “sick care” to “well care” by providing services
focused on quality outcomes, total well-being, and prevention.
Are physical limitations or pain impacting your ability to move, function and enjoy life? If so, it’s time to GET FYZICAL!
FYZICAL® is unlike any therapy center you’ve been to before. At FYZICAL,
our highly skilled, compassionate team of therapy providers are 100%
focused on achieving optimal health and wellness for you so you can get
back to living the life you enjoy. Unlike other therapy clinics, you
will receive a specific program designed uniquely for you. NO 'one
program fits all' here. There is NO other you!
At FYZICAL®, not only will we fix what is broken, but
through our comprehensive programs you will discover how to achieve the
pinnacle of healthy living, expand your boundaries and feel better.
At FYZICAL®, you will receive hands-on therapy treatments by our friendly, caring health experts during one-on-one sessions.
The total investment necessary to convert an existing wellness center to
a FYZICAL® Center ranges from $12,250 to $174,500.
This includes $0 to $40,000 that must be paid to the franchisor or its affiliate.
The total investment necessary to add a FYZICAL® Center to an ENT practice or
other medical facility ranges from $61,250 to $729,000.
This includes $0 to $70,000 that must be paid to the franchisor or its affiliate.
The total investment necessary to begin operation of a totally new FYZICAL®
Center is $68,750 to $699,000.
This includes $0 to $40,000 that must be
paid to the franchisor or its affiliate.
The above estimates assume the
population of your protected area does not exceed 40,000. If the
population of your protected area is more than 40,000, your total
investment and the amount you pay to franchisor or its affiliate will
increase by $1 per person for every individual in excess of 40,000 in
the Protected Area for a New Center and a Conversion Center and $1.75
per person for every individual in excess of 40,000 in the Protected
Area for an ENT Affiliate Center.
Veteran Incentives 25% off franchise fee
#33 in Franchise 500 for 2020.
#66 in Franchise 500 for 2021.