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Updated RecentlyElements vs BioPed Footcare Centres Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Elements 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 | $251,950 - $491,350 | $162,000 - $225,000 |
| Franchise Fee | $39,900 | $29,700 |
| Royalty Fee | 6% | - |
| Advertising Fee | 2% | - |
| Year Founded | 2000 | 1980 |
| Year Franchised | 2006 | 1985 |
| Term Of Agreement | 10 | - |
| Term Of Agreement | 10 | - |
| 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 | -/Yes | -/- |
| Start-up Costs | -/Yes | -/- |
| Equipment | -/Yes | -/- |
| Inventory | -/Yes | -/- |
| Receivables | -/Yes | -/- |
| Payroll | -/Yes | -/- |
Training & Support |
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| Training | Classroom Training: 54.5 hours | - |
| Support | Newsletter Meetings/Conventions Grand Opening Online Support Field Operations Site Selection Franchisee Intranet Platform | - |
| Marketing | Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing | - |
| Operations | - | - |
Expansion Plans |
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| US Expansion | Yes | - |
| Canada Expansion | - | - |
| International Expansion | - | - |
Company Overviews
About Elements
- Recurring Revenue
Applicable to just a handful of lucky businesses, recurring membership models foster a steady revenue stream. Unlike with gym or weight-loss memberships, there’s nothing stopping clients from sticking to the program.
- Exceptional Training & Systems
From the training you’ll receive at Franchise University to the systems that inform virtually every aspect of your business - marketing, finance, operations, client and talent acquisition - you’ll rely on proven methods designed to streamline efficiencies in all areas.
- Coveted Spot in the Wellness Community
As a natural partner to the expanding health and wellness industry, you’ll find a wealth of referral opportunities that will benefit your clients, your community, and your own bottom line. It’s the perfect time to secure your place in what some observers are calling “the next trillion dollar industry.”
The total investment necessary under the Area Development Agreement is estimated to be $79,800 (for a 2-studio commitment) to $299,000 (for a 10-studio commitment). This entire amount must be paid to the franchisor.
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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.