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Updated RecentlySpice Wellness Systems vs ApexNetwork Physical Therapy Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Spice Wellness Systems 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 | $20,000 - $35,000 | $148,350 - $344,400 |
| Franchise Fee | N/A | $35,000 |
| Royalty Fee | - | 8% |
| Advertising Fee | - | 2% |
| Year Founded | 2006 | 1999 |
| Year Franchised | 2006 | 2008 |
| Term Of Agreement | - | - |
| Term Of Agreement | - | - |
| 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 |
| Start-up Costs | -/- | Yes/Yes |
| Equipment | -/- | -/Yes |
| Inventory | -/- | -/Yes |
| Receivables | -/- | -/Yes |
| Payroll | -/- | -/Yes |
Training & Support |
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| Training | - | On-The-Job Training: 50 hours Classroom Training: 53 hours Additional Training: Ongoing webinars |
| Support | - | 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 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 | Yes | - |
| International Expansion | - | - |
Company Overviews
About Spice Wellness Systems
Our franchises offer a ten minute treatment that leaves our clients saying "Wow, I just feel better!" A four step formula for success creates a comprehensive model for wellness that includes whole body vibration therapy, exercise, nutrition and balance through relaxation and meditation. Exclusive "Spice Sonic" Whole Body Vibration equipment provides the leading edge in treatments for the baby boomer clientele. On line nutrition and personal training provide in depth consulting services.
Franchise Fee: $750 or 7% of monthly gross revenues
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.