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 arranges for the provision of certain health, wellness, longevity, 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 8560 West Sunset Boulevard, Suite 650, West Hollywood, California 90069. They started selling franchises for NextHealth centers in June 2023.
Investment
The total investment necessary to begin operation of a NextHealth® center ranges from $1,690,200 to $2,259,200. This includes $435,100 to $440,600 that must be paid to the franchisor and its affiliates. The total investment necessary to begin operation under a development agreement is payment of a development fee in an amount equal to 50% of the initial franchise fee for each center you agree to open, which will be an agreed upon number typically between 3 and 10 NextHealth® centers. Because they provide a 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.