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Updated RecentlyElements vs ApexNetwork Physical Therapy Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Elements vs ApexNetwork Physical Therapy 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 | $148,350 - $344,400 |
| Franchise Fee | $39,900 | $35,000 |
| Royalty Fee | 6% | 8% |
| Advertising Fee | 2% | 2% |
| Year Founded | 2000 | 1999 |
| Year Franchised | 2006 | 2008 |
| 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 | Yes/Yes |
| Start-up Costs | -/Yes | Yes/Yes |
| Equipment | -/Yes | -/Yes |
| Inventory | -/Yes | -/Yes |
| Receivables | -/Yes | -/Yes |
| Payroll | -/Yes | -/Yes |
Training & Support |
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| Training | Classroom Training: 54.5 hours | On-The-Job Training: 50 hours Classroom Training: 53 hours Additional Training: Ongoing webinars |
| Support | Newsletter Meetings/Conventions Grand Opening Online Support 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 | Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing | Ad Templates Regional Advertising Social media SEO Website development |
| Operations | - | Absentee Ownership Allowed Number of Employees Required to Run: 2 |
Expansion Plans |
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| US Expansion | Yes | 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 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.