FYZICAL Therapy & Balance Centers
$100,000
$49,000
554
2013
Sarasota,FL
Jim Abrams
Overview
FYZICAL is the largest Physical Therapy franchise in the U.S with 476 open locations and growing. The demand for physical therapy services is strong and getting stronger. PT is an essential service and absolutely recession resistant. Even during the recession of 2008-2010, the PT industry grew at double-digit rates. All of their locations were able to stay open for business during the pandemic.
Key Points
- No medical experience required
- Low upfront investment to get started. The average cost to open a FYZICAL location is $300,000 - $350,000 and this includes 5 months of working capital. They utilize low-cost real estate since they do not need to be in Class-A locations, approx. 1500-2500 s.f.
- As a franchisee you are hiring licensed professionals, not hourly employees
- Ability to add cash-based services like a hearing aid and orthotic sales which are very profitable and add to EBITDA
Franchise Unit Trends and Revenue
554
76
$361,379
* in 2023
Franchise Fees
$49,000
Veteran's Fee: $44,100
6.0%
Gross Revenue
0.0%
Gross Revenue
Why Choose FYZICAL Therapy & Balance Centers?
RECURRING REVENUE MODEL: PATIENTS COME TO SEE YOU NUMEROUS TIMES OVER WEEKS OR MONTHS
A RECESSION-RESISTANT INDUSTRY WITH STEADY GROWTH PREDICTED WELL INTO THE FUTURE
NORMAL BUSINESS HOURS WITH WEEKENDS ONLY IF DESIRED
A FLEXIBLE “MANAGE THE MANAGER” MODEL
Starting Costs and Investment Requirements
$180,750 - $473,000
$350,000
$100,000
Training and Support
- Classroom Training
- Ongoing Business Training
- Marketing Support
- Business Planning & Execution Coaching
- Space Selection & Build Out
Ideal Candidate
Ideal Candidate has experience managing and incentivizing a team. Commitment to helping others. Main roles include:
- Hiring and Training of Staff (via their FYZICAL franchise training and their online FYZICAL College portal)
- Tracking Key Metrics
- Ensuring Marketing Plan is being implemented, Financial Tracking
- Networking and Community Outreach.
No PT or medical background is required. Their franchisees hire PTs to work as their employees and provide patient care.
