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Updated RecentlyThriveworks vs Growth Concepts Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Thriveworks vs Growth Concepts including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $16,700 - $79,282 | $500 |
| Franchise Fee | $10,000 - $20,000 | N/A |
| Royalty Fee | 3% | - |
| Advertising Fee | 1% | - |
| Year Founded | 2008 | 1989 |
| Year Franchised | 2013 | 2017 |
| 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 | 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 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.
About Growth Concepts
!["Growth]("http://growthconcepts.org/wp-content/uploads/newcleangrologo2.jpg")
Growth Concepts is the leading provider of tools and processes for
maximizing business value for increasing and leveraging equity.
We have been assisting Businesses Owners/Buyers since 1989.
We honor and train Business Owners/Employees
and Ambassadors of Business Equity
using the STS Business Equity System
throughout the world.