FYZICAL Therapy & Balance Centers Franchise FDD, Costs & Fees (2024)
KEY FRANCHISE STATS
All you need to know about this franchise in a snapshot
Initial franchise fee
$49,000
Investment required
$60,000 - $479,000
FYZICAL Therapy & Balance Centers: Redefining Wellness Through Innovative Balance Care
FYZICAL Therapy & Balance Centers is a rapidly growing physical therapy franchise that was founded in 2012. Headquartered in Sarasota, Florida, FYZICAL has quickly established itself as a leader in the health and wellness industry, particularly known for its innovative approach to physical therapy and balance therapy.
The franchise offers a wide range of services, including physical therapy, vestibular rehabilitation, fall prevention, and other wellness programs that are designed to improve patients' overall quality of life.
FYZICAL began franchising shortly after its inception, and as of today, it has expanded to over 575 locations across the United States, making it one of the largest physical therapy franchises in the country.
What differentiates FYZICAL from other franchises in the industry is its proprietary Balance Paradigm and Sensory Mismatch Theory, which provide specialized balance therapy services not commonly available in other clinics.
Initial investment
Here's what you would need to invest if you were to start this franchise. These costs are provided by the franchisor in the Franchise Disclosure Document.
FYZICAL Therapy offers 4 types of franchises:
| Type of Investment | Amount Estimated Range |
| New FYZICAL® Center | $166,750 to $429,000 |
| Develop a New FYZICAL® Center | $191,750 to $479,000 |
| Convert an Existing Wellness Center to a FYZICAL® Center | $60,250 to $159,000 |
| Add a FYZICAL® Center to an ENT Practice or Other Medical Facility | $155,750 to $403,000 |
We are summarizing below the main costs associated with opening a New FYZICAL® Center (with a clinical director) franchise.
For more information on the various types of franchises and its costs, refer to the Franchise Disclosure Document (Item 7).
New FYZICAL® Center (with a clinical director)
| Type of Expenditure | Amount |
| Initial Franchise Fee | $49,000 |
| Training Expenses (including reasonable food, lodging & travel - per person) | $1,750 to $5,000 |
| Lease Deposit & Rent | $4,000 to $15,000 |
| Build Out & Improvements | $64,000 to $220,000 |
| Security System | $500 to $2,500 |
| Computer System | $1,000 to $3,000 |
| Furniture, Fixtures and Equipment | $15,000 to $50,000 |
| Signage, Branding, Design | $500 to $15,000 |
| Grand Opening Advertising | $1,000 to $5,000 |
| Utility Deposits, Business Licenses & Other Prepaid Expenses | $1,000 to $5,000 |
| Insurance (12 months) | $3,000 to $5,000 |
| Miscellaneous Opening Costs | $1,000 to $5,000 |
| Additional Funds (5 months) | $50,000 to $100,000 |
| Total Estimated Initial Investment | $191,750 to $479,000 |
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Franchise Disclosure Document
Training
The FYZICAL Therapy & Balance Centers franchise provides a comprehensive and structured training program designed to ensure that franchisees are fully prepared to operate a successful clinic. The training program includes several key components:
- Initial Onboarding and Strategic Planning: Franchisees begin with the creation of a comprehensive 5-year strategic plan, which includes detailed guidance on budgeting, location setup, and clinic operations. This phase also includes a 16-step opening process that covers everything from securing a location to setting up operational systems.
- Clinical and Business Management Training: Franchisees receive in-depth training on both clinical and business management aspects. This includes classroom training for business management, clinical education, and the use of proprietary tools such as the FYZICAL 10 Point Management System and Business Intelligence program for clinic management. These tools are essential for managing day-to-day operations, financial tracking, and overall clinic performance .
- Ongoing Support and Professional Development: FYZICAL emphasizes continuous learning and support. Franchisees have access to ongoing training through FYZICAL College, a learning management system that provides resources for professional development. Additionally, on-site support is provided to help franchisees with clinic setup and operations, ensuring they are well-prepared to deliver high-quality care to their patients.
Territory Protection
FYZICAL Therapy & Balance Centers franchise does offer territory protection to its franchisees. When a franchisee opens a FYZICAL location, they are granted an exclusive territory, which is carefully defined in the franchise agreement.
This territorial protection ensures that no other FYZICAL franchise can operate within the same area, allowing the franchisee to develop and grow their business without facing competition from within the brand. This exclusive territory is designed to give franchisees the confidence to invest in their business and build a strong presence in their local market.
