Medsonix vs Fyzical Therapy & Balance Centers Franchise Comparison

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

Start-Up Costs and Fees
 
Medsonix Franchise
Fyzical Therapy & Balance Centers Franchise
Investment $79,900$12,500 - $729,000
Franchise Fee $19,900$0 - $120,000
Royalty Fee Varies6%- 8%
Advertising Fee --
Year Founded 20032012
Year Franchised 20032013
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee $2.5K-


Business Experience Requirements
 
Medsonix Franchise
Fyzical Therapy & Balance Centers Franchise
Experience
  • General business experience
    		• -

    Financing Options
     
    Medsonix Franchise
    Fyzical Therapy & Balance Centers Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/NoYes/Yes
    Start-up Costs No/No-/Yes
    Equipment No/No-/Yes
    Inventory No/No-/Yes
    Receivables No/No-/Yes
    Payroll No/No-/Yes

    Training & Support
     
    Medsonix Franchise
    Fyzical Therapy & Balance Centers Franchise
    Training Available at headquartersClassroom Training: 24 hours
    Support Grand openingPurchasing 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
     
    Medsonix Franchise
    Fyzical Therapy & Balance Centers Franchise
    US Expansion -Yes
    Canada Expansion No-
    International Expansion No-

    Company Overviews

    About Medsonix

    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.

    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.