| ||||
Updated RecentlyRelax The Back vs ApexNetwork Physical Therapy Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Relax The Back vs ApexNetwork Physical Therapy including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
| Investment | $219,700 - $391,300 | $148,350 - $344,400 |
| Franchise Fee | $29,500 | $35,000 |
| Royalty Fee | 2%-5% | 8% |
| Advertising Fee | 2% | 2% |
| Year Founded | 1984 | 1999 |
| Year Franchised | 1989 | 2008 |
| Term Of Agreement | 10 years | - |
| Term Of Agreement | 10 years | - |
| Renewal Fee | - | - |
Business Experience Requirements |
||
| Experience | - | |
Financing Options |
||
| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | No/Yes | Yes/Yes |
| Start-up Costs | No/Yes | Yes/Yes |
| Equipment | No/Yes | -/Yes |
| Inventory | No/Yes | -/Yes |
| Receivables | No/No | -/Yes |
| Payroll | No/No | -/Yes |
Training & Support |
||
| Training | On-The-Job Training: 18 hours Classroom Training: 24 hours Additional Training: Regional training | On-The-Job Training: 50 hours Classroom Training: 53 hours Additional Training: Ongoing webinars |
| 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 Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Marketing | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Email marketing | Ad Templates Regional Advertising Social media SEO Website development |
| 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)
| Absentee Ownership Allowed Number of Employees Required to Run: 2 |
Expansion Plans |
||
| US Expansion | Yes | Yes |
| 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 ApexNetwork Physical Therapy
ApexNetwork Physical Therapy is the first physical therapy franchise offered on the market! The model works with our corporate clinics and it works as a franchise business. As we continue to grow and expand our corporate footprint, we opened our first franchise location in Wood River, Illinois, in 2009. Not long after, the franchising industry took notice of our growing concept and we were recognized by Entrepreneur Magazine every year since. We have proven the franchise model again and again in each of our franchise locations, and in various challenging markets, as a viable and profitable business model. Our continued passion and desire to reach more individuals helps fuel our growth as we continue to expand into new markets and embrace new opportunities.
2014 proved to be another landmark year. Not only did we begin offering hospital inpatient and outpatient physical, occupational, and speech therapy in Greenville, Illinois, but we also entered the southwest market of the U.S. with a franchise location in the state of New Mexico.
ApexNetwork Physical Therapy continues to expand our geographic footprint with now over 50 clinics in Arizona, Colorado, Illinois, Kentucky, Missouri and New Mexico. As we continue to grow, our system enhancements and support to our owners continues to become more robust.
As ApexNetwork Physical Therapy continues to expand throughout the United State, we invite you to become part of our growing network.
Together we can be the best in rehabilitation.