Thriveworks vs M3Linked Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Thriveworks vs M3Linked including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$16,700 - $79,282 | $80,245 - $197,645 |
Franchise Fee |
$10,000 - $20,000 | $67,500 - $80,000 |
Royalty Fee |
3% | - |
Advertising Fee |
1% | - |
Year Founded |
2008 | 2018 |
Year Franchised |
2013 | 2020 |
Term Of Agreement |
- | - |
Term Of Agreement |
- | - |
Renewal Fee |
- | - |
Business Experience Requirements |
Experience |
- | - |
Financing Options |
|
In-House/3rd Party | In-House/3rd Party |
Franchise Fees |
-/- | -/- |
Start-up Costs |
-/- | -/- |
Equipment |
-/- | -/- |
Inventory |
-/- | -/- |
Receivables |
-/- | -/- |
Payroll |
-/- | -/- |
Training & Support |
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 |
US Expansion |
Yes | Yes |
Canada Expansion |
- | - |
International Expansion |
- | - |
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 M3Linked
M3Linked was founded in 2013 in Phoenix, Arizona as Eliances and
quickly grew to over a thousand members with more than 300 weekly
experiences, hundreds-of-millions-of-dollars in business ventures
generated, with robust professional and personal relationships developed
along the way. Since 2019 M3Linked™ has been taking that winning
formula and scaling it for National expansion so that entrepreneurs
around the country have the same opportunity to get involved with these
communities. M3Linked™ allows you to Connect, Energize and Grow by
cultivating and deepening key relationships, developing targeted
alliances of business communities, and discovering relevant, innovative
mentors and masterminds.
The
M3Linked™ communities host CEOs, Inventors, Investors, Startups,
Lawyers, Politicians, Mentors, and so much more. Our members cover a
wide range of talents from experienced millionaires, celebrities, and
athletes to startups in their nascent stages. Our members gather at
various
M3Linked™ experiences to receive inspiration and support that
encourages and pushes them to the top of their industry's cutting edge.
There are also many members in the development or incubator stages,
finding mentorship, investors, and other support systems within our
communities.
M3Linked™ contains various experts in fields of
intellectual property, business development and management, marketing,
and funding; virtually anything you might need to move the needle for
your business.
The franchise fee is $80,000. Second and subsequent unit franchise fee is discounted to $67,500