About Fyzical Franchise
FYZICAL area representatives solicit and promote the sale of Unit Franchises and render support services to Unit Franchisees in connection with the operation of FYZICAL Therapy & Balance Centers, which provide physical therapy, rehabilitation, pain management, and balance services.
Fyzical Franchise Cost & Fees
Minimum Investment
$306K
Average Investment
$688K
Maximum Investment
$1.1M
| Fee Type | Amount | Notes |
|---|---|---|
| Initial Franchise Fee | $300,000 - $1,000,000 | One-time payment upon signing |
| Royalty Fee | N/A (Area Representative program - earns commissions) of gross sales | Ongoing; paid monthly |
| Marketing/Ad Fund | $1,000/month minimum for local advertising | National brand fund |
| Total Investment Range | $306,050 – $1,069,500 | Includes build-out, inventory, working capital |
The investment range of $306K–$1.1M reflects variability in build-out costs, store size, lease terms, and market. The combined royalty (N/A (Area Representative program - earns commissions)) and marketing fee ($1,000/month minimum for local advertising) are ongoing costs paid as a percentage of gross sales.
Investment Breakdown (Item 7)
| Item | Low | High |
|---|---|---|
| Initial Area Representative Fee | $300,000 | $1,000,000 |
| Training Expenses (food, lodging, travel per person) | $1,750 | $5,000 |
| Area Representative Computer System | $0 | $3,000 |
| Professional Fees | $500 | $5,000 |
| Insurance Policies | $300 | $500 |
| Miscellaneous Cost | $500 | $1,000 |
| Additional Funds - 3 Months | $3,000 | $5,000 |
Additional Fees (Item 6)
| Fee Type | Amount |
|---|---|
| Transfer Fee | $20,000 |
| Advertising Materials | Our costs, as incurred |
| Insurance | Reimburse our costs plus reasonable fee |
| Indemnification | Will vary under circumstances |
| Costs and Attorney Fees | Will vary under circumstances |
Training Program (Item 11)
| Detail | Information |
|---|---|
| Total Duration | 3 to 5 days |
| Classroom Training | Approximately 34 hours over 5 days |
| On-the-Job Training | As needed during initial training |
| Training Location | FYZICAL HQ, Sarasota, Florida (in-person or virtual) |
| Additional Training | Periodic national/regional conferences (up to 2 days), trade shows, and webinars. Refresher training fee up to $1,500 per person. |
Territory Rights (Item 12)
| Detail | Information |
|---|---|
| Territory Type | Protected |
| Exclusive Territory | No |
| Territory Size | Varies based on population |
| Description | You will not receive an exclusive territory. However, while in compliance with the Area Representative Agreement and Development Schedule, franchisor will not grant another Area Representative Franchise for FYZICAL Centers within your territory. No minimum or maximum area required. |
Renewal, Termination & Transfer (Item 17)
| Detail | Information |
|---|---|
| Initial Term | 10 years |
| Renewal Term | Not applicable |
| Renewal Conditions | Not applicable - no renewal provision |
| Transfer Fee | $20,000 |
| Transfer Conditions | Transferee must meet qualifying criteria, complete training, sign current form agreement, pay transfer fee. Franchisor has 30-day right of first refusal. |
| Termination for Cause | 60 days written notice for material breach; non-curable causes include misrepresentation, abandonment, felony conviction, unauthorized disclosure of confidential information |
| Non-Compete Period | 2 years |
| Non-Compete Details | 2 years post-termination/transfer. Cannot operate Competitive Business (physical therapy, balance therapy, medical wellness, franchise brokerage) within territory or within 10-mile radius of any FYZICAL Center. |
Operations & Supply (Items 8 & 15)
| Detail | Information |
|---|---|
| Owner-Operator Required | Yes |
| Participation Details | Area Representative Business must be under direct, day-to-day, full-time supervision of owner(s). All direct and indirect owners must execute Guaranty and Assumption of Obligations. |
| Required Suppliers | FYZICAL is the only approved supplier of Unit Franchise Agreements, disclosure documents, and franchise advertising materials. HubSpot is the designated software vendor. |
| Supply Restrictions | Approximately 90% of purchases must be from approved/designated suppliers |
| Franchisor Revenue from Suppliers | No revenue currently derived from required purchases |
Financing (Item 10)
| Detail | Information |
|---|---|
| Financing Available | Yes |
| Description | May finance up to 50% of Initial Area Representative Fee for existing FYZICAL franchisees or those meeting credit requirements. 24-month term at 9.8% APR. Minimum 50% down payment required. |
Fyzical Franchise Earnings — Item 19
Fyzical does not make an Item 19 financial performance representation in their FDD. This means they do not disclose revenue, profit, or earnings data for franchised locations. Before investing, ask the franchisor directly for franchisee contact information so you can speak with existing owners about their actual financial performance.
Fyzical does not include an Item 19 financial performance representation in their FDD. Contact information for current and former franchisees is listed in Item 20 of the FDD.
Fyzical Litigation & Risk Flags
2 Pending Actions ListedReview the full FDD for details on pending litigation.
Litigation and bankruptcy data is sourced from Items 3 and 4 of the FDD. Always verify current status directly from the most recent FDD.
Fyzical System Growth
Total Units
58
Franchised
58
Company-Owned
0
Fyzical currently operates 58 franchised locations and 0 company-owned units. Unit count data is sourced from Item 20 of the FDD.
Unit History (Item 20)
| Year | Opened | Closed | Total |
|---|---|---|---|
| 2022 | 18 | 0 | 37 |
| 2023 | 15 | 0 | 52 |
| 2024 | 6 | 0 | 58 |
Transfers: 2 | Closures: 0
State Registrations
Registered in 17 states: CA, CT, FL, HI, IL, IN, MD, MI, MN, NY, ND, OR, RI, SD, VA, WA, WI
Fyzical Franchise — FAQ
The total investment to open a Fyzical franchise ranges from $306,050 to $1,069,500, per their Franchise Disclosure Document. This includes the initial franchise fee of $300,000 - $1,000,000. The investment covers build-out, inventory, equipment, signage, working capital, and other startup costs.
Fyzical charges a royalty fee of N/A (Area Representative program - earns commissions) of gross sales, plus a $1,000/month minimum for local advertising contribution to the marketing/advertising fund. These fees are paid on an ongoing basis.
You can download the Fyzical Franchise Disclosure Document free on this page. The FDD is a public document filed with state franchise registries. Always also request the current FDD directly from Fyzical to ensure you have the most up-to-date version.
Fyzical does not provide an Item 19 financial performance representation in their FDD, which means they do not disclose franchisee revenue or earnings data. Prospective investors should contact existing franchisees directly (listed in Item 20 of the FDD) to gather real-world financial performance information.
Fyzical has been franchising since 2015. The FDD shows an investment range of $306,050-$1,069,500, a N/A (Area Representative program - earns commissions) royalty, and no Item 19 earnings disclosure. There are 2 pending litigation action(s). Review the full FDD and contact current franchisees listed in Item 20 before making any investment decision.
The franchise fee is $300,000 - $1,000,000 and the total investment ranges from $306,050 to $1,069,500 depending on location size and market. Contact the franchisor directly for current net worth and liquid capital requirements, territory availability, and application details.
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Data Source & Disclaimer: This website is for informational purposes only. It is not an offer to sell or buy a franchise. This profile is based on publicly available FDD data sourced from state franchise registry filings. All information is for research purposes only and does not constitute legal, financial, or investment advice. Data may be outdated or contain errors. Always obtain the current FDD directly from Fyzical and consult a qualified franchise attorney before making any investment decision. FranchiseOverview.com is operated by Franchising Compliance, LLC and is not affiliated with Fyzical or any of its subsidiaries. To report an inaccuracy: info@franchiseoverview.com