OsteoStrong Franchise FDD, Costs & Fees (2024)
KEY FRANCHISE STATS
All you need to know about this franchise in a snapshot
Initial franchise fee
$35,000
Investment required
$276,000 - $616,000
OsteoStrong: Revolutionizing Skeletal Strength and Wellness
Established in 2011 in Houston, Texas, OsteoStrong is a wellness franchise specializing in skeletal strength conditioning. The company began franchising in 2012 and has since expanded to over 100 locations across the United States and internationally.
OsteoStrong offers a unique system designed to improve bone density, balance, and overall strength through a process known as osteogenic loading. This method involves brief, once-weekly sessions that apply controlled pressure to stimulate bone growth and enhance musculoskeletal health.
The brand differentiates itself by providing a non-pharmaceutical, efficient approach to strengthening the skeletal system, appealing to individuals seeking to improve their physical health and performance.
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.
Type of Expenditure |
Amount |
Application Fee |
$150 - $450 |
Initial Franchise Fee |
$35,000 |
Operations Software Package and Computer Hardware |
$2,500 - $3,500 |
Initial Training Fee |
$6,000 |
Center Design Fee |
$9,000 |
Initial Equipment Package |
$145,945 - $204,893 |
Furniture, Signage (Interior and Exterior), and Flooring |
$12,502 - $62,262 |
OsteoStrong Proprietary Digital Marketing System |
$10,485 - $20,485 |
Training-Related Expenses |
$1,000 - $5,500 |
Lease Payments (3 months) Plus Security Deposit (1 month) |
$7,500 - $27,000 |
Equipment Storage |
$0 - $800 |
Leasehold Improvements |
$10,000 - $175,000 |
Utility Deposits |
$250 - $2,000 |
Blueprints, Plans, and Permits |
$500 - $2,000 |
Government Permits and Licenses |
$100 - $2,000 |
Insurance Deposits and Premiums (3 months) |
$600 - $1,200 |
Professional Fees (Legal and Accounting) |
$500 - $5,000 |
Additional Funds (3 months) |
$33,650 - $53,650 |
Grand Total |
$275,682 - $615,740 |
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Franchise Disclosure Document
Training
The type of training provided by a franchisor typically includes the following components:
- Initial Training Program
Franchisors often provide comprehensive initial training to franchisees before the launch of their business. This training usually covers:- Business Operations: Instructions on daily management, customer service, and operational workflows.
- Product/Service Knowledge: Detailed understanding of the products or services offered by the franchise.
- Brand Standards: Training on maintaining the quality and consistency associated with the franchise brand.
- Software and Technology: Guidance on using proprietary systems or software for operations, inventory, or sales management.
- On-Site Training
Some franchisors offer on-site support and training during the initial setup or launch period. This includes assistance in:- Staff training
- Store setup and layout optimization
- Operational troubleshooting during the opening days.
- Ongoing Training and Support
Franchisors typically provide ongoing training to ensure franchisees stay updated with industry trends and business improvements. This might include:- New product or service launches
- Marketing strategies and campaigns
- Updates to operational procedures or technology
- Specialized Training for Staff
Training programs are often extended to the franchisee’s employees. This can include:- Customer interaction protocols
- Product-specific handling or preparation techniques
- Compliance with local regulations and franchise standards.
Territory Protection
OsteoStrong does not offer territory protection to its franchisees. This means that franchisees may not have exclusive rights to operate within a specific geographic area, and the franchisor could potentially establish additional locations nearby.
Prospective franchisees should carefully review the Franchise Disclosure Document (FDD) to fully understand the implications of this policy.