Relax The Back vs Fyzical Therapy & Balance Centers Franchise Comparison

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

Start-Up Costs and Fees

 
Relax The Back Franchise
Fyzical Therapy & Balance Centers Franchise
Investment $219,700 - $391,300$12,500 - $729,000
Franchise Fee $29,500$0 - $120,000
Royalty Fee 2%-5%6%- 8%
Advertising Fee 2%-
Year Founded 19842012
Year Franchised 19892013
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee --


Business Experience Requirements

 
Relax The Back Franchise
Fyzical Therapy & Balance Centers Franchise
Experience
  • General business experience
  • Marketing skills
  • -

    Financing Options

     
    Relax The Back Franchise
    Fyzical Therapy & Balance Centers Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/YesYes/Yes
    Start-up Costs No/Yes-/Yes
    Equipment No/Yes-/Yes
    Inventory No/Yes-/Yes
    Receivables No/No-/Yes
    Payroll No/No-/Yes

    Training & Support

     
    Relax The Back Franchise
    Fyzical Therapy & Balance Centers Franchise
    Training On-The-Job Training: 18 hours Classroom Training: 24 hours Additional Training: Regional training Classroom Training: 24 hours
    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 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 Email marketing Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Loyalty program/app
    Operations 34% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 2 - 5

    Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)

    -

    Expansion Plans

     
    Relax The Back Franchise
    Fyzical Therapy & Balance Centers Franchise
    US Expansion YesYes
    Canada Expansion No-
    International Expansion No-

    Company Overviews

    About Relax The Back

    Make a Difference - Own a Business - Change a Life
     It's not often you can own a business that brings both financial and personal success while helping people live pain free. As part of the premier retailer of ergonomic and comfort care products you will feel personal satisfaction in providing your clients the highest quality solutions for back and neck pain. Find success and independence in the $112B health and wellness market.
     Having grown out of just one retail store in 1984, Relax The Back Corporation today is for people seeking relief and prevention of back and neck pain, Relax The Back offers posture and back support products and self care solutions because we are the most innovative medically driven nationwide back care retailer. With 80 stores nationwide and in Canada, distribution centers, corporate offices and the acquisition of a leading back care product manufacturer, Relax The Back Corporation has a proven track record of sales, customer satisfaction, and success.
     To end the epidemic of back pain and help in preventing back pain, Relax The Back stores provide both the best products and associates who educate customers on proper product use. The associates attend a company-training program about posture, ergonomics, and most importantly, self-care. That commitment to ensure that each product solution is accompanied by appropriate education in product use has proven to be the foundation for success.
     Since the beginning Relax The Back has expanded not only the number of stores, but also the customer base and product line. Stores now offer a variety of products for your back and neck. Products are merchandised in one of five lifestyle zones- Office, Home, Sleep, Travel and Health & Fitness-, many of which are exclusive to the chain. Customers make multiple purchases as products are classified in each zone of their 24-hour day.
     The health care industry response to Relax The Back has been vigorous. By continuing to educate consumers and revitalizing the merchandising Relax The Back maintains the unique position as a specialty health care retailer. The success of Relax The Back demonstrates the American consumer's insistence on value and integrity.

    Veteran Incentives  $10,000 off franchise fee
    #266 in Franchise 500 for 2020.

    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.