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Updated RecentlyMassage Envy vs BioPed Footcare Centres Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Massage Envy vs BioPed Footcare Centres including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $567,850 - $840,000 | $162,000 - $225,000 |
| Franchise Fee | $45,000 | $29,700 |
| Royalty Fee | 6% | - |
| Advertising Fee | 2% | - |
| Year Founded | 2001 | 1980 |
| Year Franchised | 2003 | 1985 |
| Term Of Agreement | 10 years | - |
| Term Of Agreement | 10 years | - |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | - | - |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | No/Yes | -/- |
| Start-up Costs | No/Yes | -/- |
| Equipment | No/Yes | -/- |
| Inventory | No/Yes | -/- |
| Receivables | No/No | -/- |
| Payroll | No/No | -/- |
Training & Support |
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| Training | To ensure Massage Envy Spa franchisees can maximize their potential as massage therapy business owners, the company's comprehensive training and marketing is focused on building and sustaining a profitable business and strong brand identity. Franchisees benefit from a robust support system that includes everything from field training to massage therapist recruitment support. On-The-Job Training: 40+ hours Classroom Training: 32.5 hours Additional Training: As requested | - |
| Support | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line 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 Website development Email marketing Loyalty program/app | - |
| Operations |
30% of all franchisees own more than one unit Number of employees needed to run franchised unit: 5 Absentee ownership of franchise is allowed. (80% of current franchisees are owner/operators) | - |
Expansion Plans |
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| US Expansion | - | - |
| Canada Expansion | No | - |
| International Expansion | No | - |
Company Overviews
About Massage Envy
From its inception, the Massage Envy concept was designed to be a great business to own.
As a Massage Envy franchise owner, you'll enjoy a number of advantages, including:
-A Truly Unique Approach to Massage
-Innovative Facility Design
-Aggressive Marketing Programs
-Multiple Revenue Opportunities
Veteran Incentives 20% off franchise fee
#203 in Franchise 500 for 2021. Not in Franchise 500 for 2020.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.