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Below is an in-depth analysis and side-by-side comparison of BioPed Footcare Centres 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 | $162,000 - $225,000 | $148,350 - $344,400 |
Franchise Fee | $29,700 | $35,000 |
Royalty Fee | - | 8% |
Advertising Fee | - | 2% |
Year Founded | 1980 | 1999 |
Year Franchised | 1985 | 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 |
Canada Expansion | - | - |
International Expansion | - | - |
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.
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.