BioPed Footcare Centres vs Fyzical Therapy & Balance Centers Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of BioPed Footcare Centres vs Fyzical Therapy & Balance Centers including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
BioPed Footcare Centres Franchise
Fyzical Therapy & Balance Centers Franchise
Investment $162,000 - $225,000$12,500 - $729,000
Franchise Fee $29,700$0 - $120,000
Royalty Fee -6%- 8%
Advertising Fee --
Year Founded 19802012
Year Franchised 19852013
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements

 
BioPed Footcare Centres Franchise
Fyzical Therapy & Balance Centers Franchise
Experience --

Financing Options

 
BioPed Footcare Centres Franchise
Fyzical Therapy & Balance Centers Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/-Yes/Yes
Start-up Costs -/--/Yes
Equipment -/--/Yes
Inventory -/--/Yes
Receivables -/--/Yes
Payroll -/--/Yes

Training & Support

 
BioPed Footcare Centres Franchise
Fyzical Therapy & Balance Centers Franchise
Training -Classroom Training: 24 hours
Support -Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Field Operations Site Selection Proprietary Software Franchisee Intranet Platform
Marketing -Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Loyalty program/app
Operations --

Expansion Plans

 
BioPed Footcare Centres Franchise
Fyzical Therapy & Balance Centers Franchise
US Expansion -Yes
Canada Expansion --
International Expansion --

Company Overviews

About BioPed Footcare Centres

Since 1981, our NOW 75+ BioPed Footcare Centres have been dedicated to aiding individuals who seek relief from foot and lower limb bio-mechanical problems. Our highly trained Pedorthists are uniquely qualified to evaluate, design and custom manufacture the highest quality orthotics in our onsite labs. Our Centres carry all types of fashionable orthopedic footwear. We create a "total patient care experience" resulting in a truly customized, complete patient solution.

Throughout more than 60 full-service Centers and satellite clinics across Ontario, New Brunswick and Nova Scotia, our Canadian Certified Pedorthists specialize in assessing and providing non-surgical treatment for conditions related to the functions of the feet and lower limbs. All BioPed Centers have on-site labs where we manufacture a full range of orthoses (orthotics) and can provide patients with the convenience of adjustments and specialized fitting services. We also carry a wide variety of fashionable, orthopaedic-quality footwear which can be customized if necessary for almost any foot irregularity. With each patient we treat, we strive to alleviate pain, increase comfort and stability and improve quality of life - and do so with exceptional, personalized care.

BioPed is actively seeking qualified individuals to expand our brand across Canada! If you wish to learn more about exciting franchise opportunities or would be interested in converting your existing clinic and joining the BioPed network, please contact us.

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
"Entrepreneur

#33 in Franchise 500 for 2020.
#66 in Franchise 500 for 2021.