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Below is an in-depth analysis and side-by-side comparison of Massage Addict vs Physical Therapy Now including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $100,000 - And Up | $175,500 - $301,000 |
Franchise Fee | $39,000 | $40,000 |
Royalty Fee | - | 6%-5% |
Advertising Fee | - | 1% |
Year Founded | 2008 | 2011 |
Year Franchised | 2008 | 2015 |
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 |
Equipment | -/- | -/Yes |
Inventory | -/- | -/Yes |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
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Training | *Franchisee training for up to 3 people *"Hands-on" training at an active location *On-site training at your facility (first week) *Use of confidential training and reference manuals *Formal instruction for all administrative, operational and sales/marketing procedures | On-The-Job Training: 21.5 hours Classroom Training: 10 hours Additional Training: Online training |
Support | *Site selection analysis *Design and layout guidelines for your clinic *Advertising and marketing plan and materials for your grand opening *Training material for staff members *Procedural enhancements and updates *Consultation with head office staff and regional developers *Scheduled visits from head office support representatives *New products and services development *Ongoing training, meetings and workshops | Purchasing Co-ops Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Site Selection |
Marketing | *Use of the Massage Addict name & logo *Use of our web based software and website *Access to confidential systems, processes and procedures *Use of confidential operations manual *Use of our radio, television and marketing materials *Negotiated pricing on equipment and supplies | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing |
Operations | - | Absentee Ownership Allowed Number of Employees Required to Run: 3 - 4 |
Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | Yes | - |
International Expansion | - | Yes |