Fyzical FDD – Franchise Information, Costs and Fees
Type of Business
The franchise is for a FYZICAL® physical rehabilitation center that provides patients with physical therapy programs for rehabilitation, balance, medical-based wellness and pain management and other products and services that they authorize from time to time.
Corporate Information
FYZICAL, LLC is a Delaware limited liability company. They were originally formed as a Florida limited liability company on August 28, 2012, and converted to a Delaware limited liability company on December 22, 2017. Their principal business address is 1751 Mound Street, Suite 102, Sarasota, Florida 34236. They began offering franchises on July 15, 2013.
Investment
The total investment necessary to (1) develop a new FYZICAL® Center ranges from $145,750 to $409,000; however, if you or one of your owners is not a qualified physical therapist licensed to practice in the state in which you will establish your FYZICAL® Center or if you need to hire licensed physical therapist as your Clinical Director, the total investment necessary to develop a new FYZICAL® Center ranges from $195,750 to $509,000, (2) convert an existing wellness center to a FYZICAL® Center ranges from $64,250 to $172,000, and (3) add a FYZICAL® Center to an MD practice or other medical facility ranges from $159,750 to $416,000; these numbers include $49,000 that must be paid to the franchisor. If you want development rights, you must pay the franchisor a development fee equal to $49,000 (the initial franchisee fee for the first FYZICAL® Center) plus $49,000 for each additional FYZICAL® Center to be developed.
