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Updated RecentlyGemma Business Brokers vs Thriveworks Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Gemma Business Brokers vs Thriveworks including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $79,225 - $119,225 | $16,700 - $79,282 |
| Franchise Fee | $37,000 | $10,000 - $20,000 |
| Royalty Fee | 8% Annual min. $10,000 | 3% |
| Advertising Fee | 2% | 1% |
| Year Founded | 1998 | 2008 |
| Year Franchised | 2009 | 2013 |
| 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 | -/- | -/- |
| Start-up Costs | -/- | -/- |
| Equipment | -/- | -/- |
| Inventory | -/- | -/- |
| Receivables | -/- | -/- |
| Payroll | -/- | -/- |
Training & Support |
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| Training | - | On-The-Job Training: 1-2 days Classroom Training: 3 days Additional Training: At company-owned center |
| Support | The Gemma CRM platform helps you: o Manage accounts and contacts, giving you a complete customer picture at a glance o Track sales opportunity-related data including milestones, decision makers, customer communications, and key documentation throughout Gemma's standardized sales process. o Provide Analytics: Get the real-time status of your business at a glance with key reports on value of your pipeline and revenue forecasts o Develop Email Marketing Tools: tools and templates are provided to help build, manage, and track email blasts as well as individual email communications to help generate new leads | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations |
| Marketing | - | - |
| Operations | - | - |
Expansion Plans |
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| US Expansion | Yes | Yes |
| Canada Expansion | - | - |
| International Expansion | Yes | - |
Company Overviews
About Gemma Business Brokers
Operate your own business but have full access to shared learning and experience. You work for yourself but not by yourself.
Select your own place of work - home office, downtown location, shared office, virtual office
Pay royalties only when deals are closed. Our royalty system is based entirely on deal flow - there is no set monthly fee, any royalty is paid only when deals are closed. This arrangement underscores our commitment to our franchisees' success and our determination to ensure existing branch offices are successful before awarding new locations. Have access to state-of-the art proprietary software packages.
Have the benefit of ongoing training and education on marketing, administration and operations, including training on the Gemma approach to business valuation and pricing; deal negotiations and marketing your clients' opportunities.
You also have ongoing career development opportunities through an exclusive arrangement for access to online executive education from Cornell University's Johnson Graduate School of Business (hyperlink).
Enjoy marketing assistance - plans and advertising templates to help you keep your company visible in your marketplace.
With a Gemma Business Broker Franchise, you choose where you want to work. Some franchisees choose a home office, others share a rented space.
Our proprietary back office system allows you to stay connected with the company, as well as with your growing list of clients and prospects. A custom CRM (customer relationship management) tool provides the services you need.
- Contact management
- Sales tracking, including documentation
- Data Analysis so you can see where your business is and where it should be
- E-mail marketing tools
It’s never been more affordable to develop a successful business brokerage. With the knowledge and systems from an experienced leader, Gemma Business Brokers, is behind you and with you all the way.
About Thriveworks
A Thriveworks franchise is a unique turn-key counseling business opportunity unlike anything else in the field. Thriveworks is the country’s fastest growing brand of counseling centers and offers well-qualified franchisees a therapy practice with:
- A Proven Business Model
- A Unique Philosophy of Premium Care
- Ongoing Training & Mentorship
- Operations Support Including Scheduling, Billing, & Web Services
- A Thriving Community of Like-minded Franchisees
- Strong Brand Identity and Internet Presence
- A Protected Territory
A Thriveworks practice could be the right investment for your career and future. Are you ready?
The Initial Franchise Fee is $10,000 to convert an existing practice
into a Thriveworks center (“Conversion Model”) or $20,000 for a new
startup center (“Standard Model”) with exclusive rights to operate in a
specific area as defined by the franchisor. Additional franchises will
be available for a reduced fee of $5,000 per Franchise.
The total investment necessary to begin operation of a Thriveworks Franchise
ranges from $16,700 to $31,800 for a Conversion Model and from $36,100
to $79,282 for a Standard Model which will depend on a number of factors
that are fully discussed in Item 7. This includes the Initial Franchise
Fee of $10,000 for a Conversion Model or $20,000 for a Standard Model
(as discussed in Item 5) that must be paid to Thriveworks Franchising
LLC or an affiliate.