2026 FDD Issued Apr 30, 2026 Minnesota Commerce (CARDS) Checked Nov 3, 2026
FYZICAL Therapy & Balance Centers Franchise Cost (2026)
A FYZICAL Therapy & Balance Centers franchise costs an estimated $125,392 – $481,536 to open, according to Item 7 of the 2026 Franchise Disclosure Document (FDD). That total includes the $49,000 initial franchise fee (Item 5) and covers this format: New Center (Operating Principal Is a Licensed Professional). Item 6 lists royalty: 6% of Gross Revenue, subject to the conditions below.
- Total investment
- $125K – $482KItem 7 source and qualifications
- Franchise fee
- $49KItem 5 source and terms
- Royalty
- 6% of Gross RevenueItem 6 conditions and fee bases apply
- Brand fund
- See Item 6Item 6 conditions and fee bases apply
- Units (2025)
- 539Item 20 source and scope
- Franchise exit rate
- 10.6% / yrCalculated 3-year average; definition and source
What stands out about FYZICAL Therapy & Balance Centers
Exits outran openings in 2025. Item 20 shows 47 franchised openings against 81 exits, all of them terminations or non-renewals, which cut the franchised count to 489. The projected-openings table still lists far more signed agreements waiting to open than the number of centers that opened during the year.
The royalty carries a rising floor. Item 6 charges a royalty of 6% of Gross Revenue or a monthly minimum, whichever is greater, and the minimum steps up over the first years before leveling off. Item 12 adds minimum yearly revenue standards from the second year on, and a center that misses them can lose or shrink its protected area while it keeps operating.
Item 19 rests on a partial sample. Many franchised centers open all year did not report revenue, and those that did averaged $522,212, well below the affiliate-owned centers in the same Item. Franchised centers past the FDD's maturity cutoff averaged more than newer ones.
Who runs the clinic changes the budget. The $125,392 – $481,536 estimate assumes the operating principal is a licensed professional; an owner who must hire a clinical director needs a longer stretch of working capital, while converting an existing practice costs much less.
What are the initial franchise fees and financial requirements for FYZICAL Therapy & Balance Centers?
Item 5 lists an initial franchise fee of $49,000 for FYZICAL Therapy & Balance Centers. Check the cited Item 5 for payment timing, discounts and format-specific terms.
Item 5 (PDF pages 13-14): $49,000 for one center, paid in a lump sum at signing and non-refundable. Signing several agreements at once lowers the fee to $35,000 for the second center and $20,000 for each later one. A Development Rights Rider for 5 or more centers costs $49,000 per center, applied to each center's fee. Qualified veterans with majority ownership get 10% off the first center. You also pay the franchisor $5,000 to $18,000 for grand opening marketing 60 days before opening; any amount not spent in the first five months is refunded.
Source: FYZICAL Therapy & Balance Centers 2026 FDD, Item 5, PDF p. 13.
This record lists no minimum net worth or liquid-capital requirement for FYZICAL Therapy & Balance Centers, because no sourced figure has been recorded. Ask the franchisor for its current financial qualifications in writing.
How much does it cost to open a FYZICAL Therapy & Balance Centers franchise? (Item 7)
Source: FYZICAL Therapy & Balance Centers 2026 FDD, Item 7, PDF p. 18.
Item 7 of FYZICAL Therapy & Balance Centers’s 2026 Franchise Disclosure Document estimates the total cost to open one new center (operating principal is a licensed professional) at $125,392 – $481,536. This total includes the initial franchise fee.
| Expense Category | Low ($) | High ($) |
|---|---|---|
| Initial Franchise Fee | $49,000 | $49,000 |
| Grand Opening Marketing | $5,000 | $18,000 |
| Training Expenses (per person) | $1,750 | $5,000 |
| Lease Deposit & Rent | $2,200 | $6,227 |
| Build Out & Improvements | $20,000 | $225,000 |
| Security System | $500 | $2,000 |
| Computer System | $1,000 | $3,000 |
| Furniture, Fixtures and Equipment | $14,635 | $78,941 |
| Signage, Branding, Design | $1,307 | $29,368 |
| Utility Deposits, Business Licenses & Other Prepaid Expenses | $1,000 | $5,000 |
| Insurance (12 months) | $3,000 | $5,000 |
| Miscellaneous Opening Costs | $1,000 | $5,000 |
| Additional Funds (5 months) | $25,000 | $50,000 |
| Total | $125,392 | $481,536 |
Other formats
| Format | Total investment |
|---|---|
| New Center with a Clinical Director | $175,392 – $582,036 |
| Conversion Center | $75,085 – $191,385 |
| MD Affiliate Center | $173,192 – $581,409 |
For comparison, the median high-end investment among 5 health & wellness records without a source-review hold is $761,154.
Item 7 (PDF pages 18-23) prints four tables, and each table's lines add to its total. Table A, a new center whose operating principal is a licensed professional, prints $125,392 to $481,536; build-out is the widest line. Table B, a new center that must hire a clinical director, prints $175,392 to $582,036 because working capital covers nine months instead of five. Centers average 1,200 to 2,200 square feet, with rent of about $5 to $35 per square foot.
What ongoing royalties and fees does FYZICAL Therapy & Balance Centers charge? (Item 6)
Source: FYZICAL Therapy & Balance Centers 2026 FDD, Item 6, PDF p. 14.
Item 6 of FYZICAL Therapy & Balance Centers’s 2026 FDD lists the charges below. Recurring charges and charges triggered by a transfer, renewal or other event have different conditions. Read each fee’s basis and notes before comparing rates.
How to read an Item 6 fee table.
| Fee Type | Amount / Rate | Payment Frequency | Notes & Source |
|---|---|---|---|
| Royalty | 6% of Gross Revenue | Every period | The greater of 6% of the prior month's Gross Revenue or $1,000 a month in year 1, $2,000 in year 2 and $3,000 in years 3-10, due on the 5th. Royalties start the fourth full month after opening (the first for a conversion center). Developers of 5 or more centers pay 3.9% with the same minimums. Where state law bars a revenue-based royalty, $800 per therapist per month (notes 2-5). (Item 6, PDF p. 14) |
| FYZICAL Business Intelligence Program | Varies | When it applies | Not currently charged; estimated at $500 per month, with enhanced services at $150 per user per month. The baseline EMR analytics suite is free. (Item 6, PDF p. 14) |
| Marketing Fund Contribution | Varies | When it applies | Not currently charged; estimated at up to 2% of Gross Revenue per month once the fund starts, or $133 per therapist per month where a revenue-based charge is not permitted. (Item 6, PDF p. 15) |
| Initial Training to Replacement Operating Principal; Periodic Training Fee | Varies | When it applies | Not currently charged; up to $1,500 per person, plus trainees' wages and travel. (Item 6, PDF p. 15) |
| On-Site Training Fee | Varies | When it applies | Estimated $800 to $1,600 per trainer per day plus travel, meals and lodging, for unscheduled on-site help. (Item 6, PDF p. 15) |
| Technology Fee | Varies | When it applies | Not currently charged. Once above $500 a month, it may rise no more than 10% a year, compounded. (Item 6, PDF p. 15) |
| Telephone / Call Center Support Fees | Varies | When it applies | Not currently charged; if charged, actual cost plus a fee of up to 10%. (Item 6, PDF p. 15) |
| Reimbursement of Marketing Material Expenses | Varies | When it applies | Direct cost of producing and shipping marketing materials from the Marketing Fund. (Item 6, PDF p. 16) |
| Successor Franchise Fee | $4,900 | When it applies | $4,900, paid 90 to 180 days before the term expires. (Item 6, PDF p. 16) |
| Transfer Fee | $4,900 | When it applies | $4,900 before a transfer; no charge for a transfer to an entity you control or certain transfers between existing owners. (Item 6, PDF p. 16) |
| Audit Fee | Varies | When it applies | Actual cost of the audit or inspection if you fail to furnish required reports or records. (Item 6, PDF p. 16) |
| Interest | Varies | When it applies | The lesser of 12% or the highest legal rate on overdue amounts. (Item 6, PDF p. 16) |
| Late Fee | $100 | When it applies | $100 per late report or record. (Item 6, PDF p. 16) |
| Supplier Testing Costs | Varies | When it applies | Inspection and testing costs plus an administrative fee of up to 10%, if you ask to have a new supplier approved. (Item 6, PDF p. 16) |
| Insufficient Funds Fee | $35 | When it applies | $35 per occurrence. (Item 6, PDF p. 16) |
| Indemnification | Varies | When it applies | Reimbursement of claims arising from your center or your breach. (Item 6, PDF p. 16) |
| Insurance | Varies | When it applies | Unpaid premiums plus an administrative fee if the franchisor buys required coverage for you. (Item 6, PDF p. 17) |
| Relocation | Varies | When it applies | The franchisor's costs and expenses for relocating your center. (Item 6, PDF p. 17) |
| Lost Revenue Damages | Varies | When it applies | The net present value of royalties and marketing contributions from termination to the earlier of 3 years or the end of the term, if terminated for your default or you terminate without cause. (Item 6, PDF p. 17) |
Explore annual fees and payback assumptions
This fee schedule cannot be reduced to the calculator’s simple sales-based formula. Enter your own assumptions and check them against the Item 6 terms.
FYZICAL Therapy & Balance Centers startup investment and modeled fees over 10 years
Item 6 charges the greater of 6% of Gross Revenue or a monthly minimum of $1,000 in year 1, $2,000 in year 2 and $3,000 in years 3-10, starting after opening. Where state law bars a revenue-based royalty, the franchisor may charge $800 per therapist per month instead. Because of the minimums, this record does not produce an annual fee estimate or payback preset. See the fee amounts and definitions in Item 6 above. Open the calculator with your own assumptions.
Item 20: FYZICAL Therapy & Balance Centers franchised outlet history
Source: FYZICAL Therapy & Balance Centers 2026 FDD, Item 20, PDF p. 58.
Item 20 Table 3 reports 489 franchised outlets at the end of 2025. The company-owned table reports a further 50 outlets. Our calculated average annual franchised exit rate is 10.6% across the 3 reported years, using the definition below.
| Year | Franchised at Start | Opened | Reported Exits | At End | Franchise Exit Rate (%) |
|---|---|---|---|---|---|
| 2023 | 444 | 76 | 26 | 494 | 5.9% |
| 2024 | 494 | 81 | 52 | 523 | 10.5% |
| 2025 | 523 | 47 | 81 | 489 | 15.5% |
Franchised units went from 444 to 489 over 3 years (+45).
Reported exits include terminations, non-renewals, franchisor reacquisitions and other cessations. A reacquired outlet may continue operating. How we calculate the exit rate. How to read the Item 20 outlet tables. Compare FYZICAL Therapy & Balance Centers’s exit rate with other brands.
12 units changed owners in 2025.
Item 20 Table 3 totals (PDF page 58) match Table 1 (PDF page 53) and the affiliate-owned Table 4 (PDF page 60); the 5 centers reacquired in 2023 appear in both. Company-owned centers are owned by affiliates. Table 5 (PDF page 61) lists 322 franchise agreements signed but not opened and 61 projected franchised openings for 2026.
How much do FYZICAL Therapy & Balance Centers franchise owners make? (Item 19)
Source: FYZICAL Therapy & Balance Centers 2026 FDD, Item 19, PDF p. 48.
Item 19 of the 2026 FDD reports average Gross Revenue, Qualifying Franchisee-Owned Centers of $522,212 (Fiscal 2025 (calendar year), 286 of 489 franchised centers: open all year and reporting revenue; 104 (36%) met or exceeded the average). FYZICAL Therapy & Balance Centers’s Item 19 reports sales but no profit, costs or owner pay. Rent, payroll, supplies, loan payments and Item 6 fees such as the royalty (6% of Gross Revenue) come out of sales before an owner is paid, so these figures cannot show what an owner earns.
See every FYZICAL Therapy & Balance Centers Item 19 figure, with its period and sample.
Payback calculator (enter your own assumptions) Check any inputs against this record’s Item 7 startup costs and Item 6 fee rules.
How to interpret FYZICAL Therapy & Balance Centers’s Item 19 figures and sample limits.
How long is the FYZICAL Therapy & Balance Centers franchise agreement term?
Source: FYZICAL Therapy & Balance Centers 2026 FDD, Item 17, PDF p. 42.
The standard FYZICAL Therapy & Balance Centers franchise agreement runs 10 years, with renewal terms of 10 years.
Item 17 (PDF pages 42-43): a 10-year term with 2 consecutive 10-year successor franchises if you are not in default, give notice, sign the then-current agreement and a release, pay the successor fee and remodel the center. Item 12 (PDF page 37) sets minimum annual Gross Revenue from year 2 ($100,000, rising to $400,000 from year 5); missing it can cost you or shrink your protected area.
How long does it take to open a FYZICAL Therapy & Balance Centers franchise? (Item 11)
Source: FYZICAL Therapy & Balance Centers 2026 FDD, Item 11, PDF p. 27.
Item 11 of the 2026 FDD states the time from the effective date of the Franchise Agreement (30 to 45 days for a conversion center) to opening: approximately 210 to 270 days.
Franchises with a similar investment range
These published records are selected by proximity to FYZICAL Therapy & Balance Centers’s $125,392 low-end Item 7 investment, starting with Health & Wellness. Formats, fees and source qualifications differ; the figures are not interchangeable budgets:
Compare other health & wellness franchises
Sources
FYZICAL, LLC Franchise Disclosure Document, issued April 30, 2026, as filed with the Minnesota Commerce (CARDS). Read the source FDD PDF. How to get this FDD yourself.
- Item 5: cited PDF p. 13
- Item 6: cited PDF p. 14
- Item 7: cited PDF p. 18
- Item 19: cited PDF p. 47
- Item 20: cited PDF p. 58
- Agreement term (Item 17): cited PDF p. 42
Page references for FYZICAL Therapy & Balance Centers use the PDF viewer's digital page count, not printed page headers. Some viewers download the document instead of opening the referenced page.
If the state document viewer does not open, use Minnesota Commerce's public filing instructions to look up the filing by franchisor name and document date.
Document & verification changelog
- November 3, 2026: Source check completed against the recorded FDD.
- November 3, 2026: Initial cost profile published from the 2026 Franchise Disclosure Document (issued April 30, 2026).
- November 3, 2026: Rebuilt from the April 30, 2026 Minnesota FDD for the FYZICAL unit program (file 7292). The draft had used the area-representative FDD, so its fee, investment, Item 19 and outlet figures described a different offering. Independently checked the cover and Items 5, 6, 7, 11, 12, 17, 19 and 20. Recorded all 19 Item 6 rows, the four Item 7 formats, Item 19 revenue and the opening time, and rewrote the analysis.