NextHealth FDD – Franchise Information, Costs and Fees
Type of Business
The franchise is the right to develop, own, and operate a health optimization and longevity center that provides or facilitates the provision of health, wellness, medical, aesthetic and related services and treatments, and related products and services.
Corporate Information
Next Health Franchising LLC is a limited liability company, formed in the State of Delaware on April 17, 2023. Their principal business address is 955 Carrillo Dr. Suite 100 Los Angeles, California 90048.
Investment
The total investment necessary to begin operation of a NextHealth® center ranges from $1,596,000 – $2,195,000. This includes $356,599 to $377,099 that must be paid to the franchisor and its affiliates.
Franchisor also offers the right to enter into an area development agreement under which the developer agrees to purchase an agreed upon number of franchises (a specific number typically between 3 and 10) and open that number of NextHealth centers pursuant to individual franchise agreements. The only investment necessary to begin operation under a development agreement is payment of a development fee equal to 50% of the initial franchise fee for each center you agree to open. Because the franchisor providesa discounted initial franchise fee for multi-unit commitments, the development fee will vary depending on the size of your commitment: $90,000 for 3 centers; $120,000 for 4 centers; $100,000 for 5 centers; $120,000 for 6 centers; $140,000 for 7 centers; $160,000 for 8 centers; $180,000 for 9 centers; $200,000 for 10 centers; and, incrementally, an additional $20,000 for each center in excess of 10. The entire investment under a development agreement is paid to franchisor.