Fyzical
Who are we
What to know about Fyzical franchise? Fyzical is a physical therapy franchise that offers an array of services to help people recover from injuries, improve their mobility and live a healthier life. The company was founded in 2009 by two physical therapists, Michael and Patrick. Their goal was to provide high-quality physical therapy services to the masses at an affordable price. The company's philosophy is simple: "We're here to help you move better." Fyzical franchise provides an array of services targeting different aspects that help improve people's quality of life. The company was founded on the philosophy of "helping you move better." Their team is composed of highly skilled and compassionate physical therapists who share the same goal of helping patients achieve their rehabilitation goals. Fyzical is based in Sarasota, FL. Scroll down to learn more!How much does a Fyzical franchise cost?Are you wondering how much is a Fyzical franchise? Before starting a Fyzical franchise, it is important to know the franchise fee, working capital and other costs required to start the business.The minimum investment amount required to open a Fyzical franchise is $155,750 and can go all the way up to $473,000. Keep in mind, you should also allocate additional funds to live off of while the Fyzical business ramps up. This can take as little as 6 months to over 2 years depending on the franchise opportunity. You should speak to at least 5 Fyzical franchisees to understand the true cost of opening the franchise and how long it takes to: 1) start a Fyzical business 2) pass break even 3) hit significant income.After (and if) you pass the point of earning significant income from your Fyzical franchise, there may be enough margin to hire a day-to-day manager and work less hours in the business.
Franchisees
Updated on May 31, 2024Reviews
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Great business model but hard to survive in healthcare currently.
Freedom to run your franchise how you see fit
Struggle to earn a profit in this economy
YesPositiveApprovesThe franchise is marketed really well, and the support is good, but I feel like more should be offered for such high royalty fees. Large group insurance benefit would make it worthwhile long term.
Marketing scheme
High royalties--expensive consulting, no benefit of large group insurance.
NoNeutralNeutralGreat potential for owners but corporate needs to do more with marketing, with the true time line with opening, with educating on cash flow.
The brand has growth potential given the aging of the USA, and more people embracing preventative health.
Franchisor did not communicate how long it would take to get credentialed with the insurance companies, nor set up billing, nor set up payments. It added 9 months to opening, thus affecting cash flow.
YesPositiveNeutralGood way for private practitioner to be part of a big organization.
Lots of support if you are a private practitioner - easy to use the resources available.
None
YesPositiveNeutral
How much will it cost
- $49,000