FYZICAL Master Franchise Owners Power Up for Growth with Premier Healthcare Leader

Written by FYZICAL | March 10, 2023

Franchising.com

FYZICAL's Master Franchise is a rare opportunity to build a recurring revenue income stream by developing a larger territory through sub-franchising.

Entrepreneurs looking to take advantage of transformational opportunities in the booming healthcare sector are finding an unmatched franchise home in FYZICAL Therapy & Balance Centers.

The premier physical therapy franchise, with over 575 locations across 46 states, continues to make its presence known in the $59.4 billion-plus recession-resistant industry with Master Franchisees like Robert Hub and Scott Thayer.

Hub, who has a corporate background in business and construction, initially planned to open a few FYZICAL locations before teaming up in 2021 with Thayer, a sales and marketing pro. Together they operate and develop the brand at scale in the Charlotte, North Carolina, and Greenville, South Carolina areas.

FYZICAL's Master Franchise Opportunity

With 10 FYZICAL centers opened or under development, Hub and Thayer are off to a fast and successful start in franchising, on track to have 25 locations in the Charlotte area alone.

The long-time friends turned business partners are proof positive that there's no need for a physical therapy background to shine in the lucrative healthcare franchise industry.

"I'm not a clinician; Scott's not a clinician. So, we really did our due diligence when we looked at the opportunity," Hub says. "We came into this as a business, and we have had nothing but support from the clinician side every step of the way. We have to execute the plan, but there's a blueprint, and we're constantly tweaking it because there are always areas for improvement, and the company is always looking to support us."

FYZICAL Sets the Pace in Healthcare Franchising

FYZICAL Sets Pace in Franchising: The Time is Now

Founded in 2012, FYZICAL leads the way in the physical therapy space, projected to reach $128 billion by 2032. And for a good reason.

Nearly 62 million Americans are 65 or older, many of whom suffer from balance issues, movement disorders, injuries, and pain. With projections estimating this sector of older adults will expand to make up 25% of the population by 2060, FYZICAL stands ready to meet the demand with a medically based approach to health and wellness.

The Sarasota, Florida-based brand offers comprehensive patient care, healthy lifestyle products and services, and a proprietary, groundbreaking Balance Program that gives their centers a competitive edge in the marketplace.

"FYZICAL began by providing an initial roadmap for existing clinical owners," says Chief Executive Officer Brian Belmont. "It's grown to not only existing therapists but investors and folks in the franchise community. We have gone from an emerging growth brand to a sustainable growth brand as we approach 50 states. Nearly every major DMA in the U.S. has opportunity."

Franchise owners can count on a smooth path to ownership, says Thayer, who spent 30 years leading teams and business development with mega consumer brands like Coca-Cola.

"The resources the FYZICAL team provides the franchisees are outstanding," Thayer says. "They are up there with a Fortune 50 company. There's really an operational guide that helps investors like us navigate through some of the challenges within healthcare that we wouldn't be apprised of coming in from outside the market."

Underpinning its growth, FYZICAL has earned multiple recognitions and prestigious awards this year. Franchise Business Review named FYZICAL as one of their Top 100 Best Franchise Culture as well as a Top Recession-Proof Franchise for the fourth year. For these awards, FYZICAL franchisees were surveyed and shared high franchisee satisfaction ratings. Additionally, FYZICAL secured a spot on Entrepreneur’s Franchise 500 list, ranking #1 in Physical Therapy in 2024 as well as #58 on the Fastest-Growing Franchises list.

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"After 10 years of franchising, we've certainly learned a lot along the way," Belmont says. "As FYZICAL has grown, we have continued to reinvest in the business through technology and business intelligence that has allowed us to provide business support and revenue cycle management support to help scale the brand while continuously focusing on patient care and consumer wellness."

Multi-unit operators like Hub and Thayer are finding there's a lot to love about FYZICAL.

"If you're a person who wants to chart your own course-and as corny as it may sound—write your own legacy, this is a perfect space to be in," Thayer says. "For us, it was about transitioning into something that brings value to the communities where we live, play and work. And we found that opportunity with FYZICAL."

Ready to start your journey with an award-winning franchise today? FYZICAL has single unit, multi-unit and master franchise opportunities across the U.S.

About FYZICAL Therapy & Balance Centers:

FYZICAL Therapy & Balance Centers stands at the forefront of the health and wellness industry as the nation's fastest-growing physical therapy franchise, boasting an extensive network of over 575 locations that span across 46 states. Committed to a holistic approach, FYZICAL provides top-notch, personalized care plans to treat patients of all ages experiencing muscle, joint, and neurological conditions, including balance and vestibular issues. As an advocate for patient choice and direct access, FYZICAL empowers individuals to take control of their well-being to achieve optimal physical health and balance. For more information about FYZICAL or to find the nearest location, visit fyzical.com.

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