Hand and Stone Spa vs Fyzical Therapy & Balance Centers Franchise Comparison

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

Start-Up Costs and Fees
 
Hand and Stone Spa Franchise
Fyzical Therapy & Balance Centers Franchise
Investment $567,626 - $674,476$12,500 - $729,000
Franchise Fee $32,500 - $42,500$0 - $120,000
Royalty Fee 5%-6%6%- 8%
Advertising Fee 5%-
Year Founded 20042012
Year Franchised 20042013
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements
 
Hand and Stone Spa Franchise
Fyzical Therapy & Balance Centers Franchise
Experience --

Financing Options
 
Hand and Stone Spa Franchise
Fyzical Therapy & Balance Centers Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/-Yes/Yes
Start-up Costs -/Yes-/Yes
Equipment -/Yes-/Yes
Inventory -/Yes-/Yes
Receivables -/--/Yes
Payroll -/--/Yes

Training & Support
 
Hand and Stone Spa Franchise
Fyzical Therapy & Balance Centers Franchise
Training On-The-Job Training: 85 hours Classroom Training: 54 hours Additional Training: At existing locationClassroom 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 PlatformPurchasing 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 Email marketing Loyalty program/appCo-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Loyalty program/app
Operations Number of Employees Required to Run: 12 - 15-

Expansion Plans
 
Hand and Stone Spa Franchise
Fyzical Therapy & Balance Centers Franchise
US Expansion YesYes
Canada Expansion Yes-
International Expansion --

Company Overviews

About Hand and Stone Spa

Hand and Stone Massage and Facial Spa was founded in 2004 by physical therapist John Marco, who noticed that there was no national massage brand in spite of the service's popularity. Franchising of the concept began in 2006, offering massage, facial and waxing services, along with a membership program.
Veteran Incentives  20% off franchise fee
"Entrepreneur
#151 in Franchise 500 for 2020.
#94 in Franchise 500 for 2021.


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.