
FYZICAL
Wellness & Personal Care · Chiropractic & Physical Therapy
- Active units
- 494
- Avg unit volume
- $756k
- Royalty
- 6.0%
Franchised, year-end 2023
of weekly Net Sales
About FYZICAL
Fyzical is a prominent healthcare franchise based in the United States that specializes in various services and products for physical therapy, balance, and hearing. The company was founded in 1983 under the name Accelerated Rehab and operated as a traditional outpatient physical therapy center. It later rebranded as Fyzical in 2018 to reflect its expanded offerings and shift towards a more comprehensive healthcare approach. Headquartered in Sarasota, Florida, Fyzical's corporate office serves as the center of operations for over 350 clinics across 47 states in the United States. The company has established a strong presence with multiple flagship clinics throughout the country, and its headquarters functions as a central hub for management, support services, and training programs. Fyzical provides a wide range of specialized products and services aimed at promoting physical health and well-being. These include physical therapy, balance and vestibular rehabilitation, audiology and hearing aids, fall prevention programs, medically-based fitness programs, and telehealth services. The company's comprehensive solutions cater to individuals of all ages, from infants to seniors, covering a diverse range of clinical conditions and needs. With its extensive network of clinics across the United States, Fyzical operates primarily on a national scale. While it does not have noteworthy subsidiaries or joint ventures, the company has established strategic partnerships with leading industry organizations, healthcare providers, and medical equipment manufacturers to enhance its service offerings and provide comprehensive care to its patients. In terms of market position, Fyzical is a trusted leader in the healthcare industry. The company has experienced significant growth over the years, expanding its footprint and establishing a strong reputation for providing high-quality care. With its diverse range of services and focus on innovation, Fyzical remains competitive within its market segment. While specific details regarding global sales and revenue figures are not available, Fyzical has achieved noteworthy milestones and accolades throughout its history. The brand's commitment to excellence and patient-centered care has positioned it as a key player in the industry. Notable achievements include being named one of Inc. 5000's fastest-growing companies in America and receiving recognition for its innovative telehealth initiatives. As of its latest update, Fyzical continues to expand its reach and strengthen its position in the healthcare market. The company remains dedicated to improving patient outcomes and is constantly evolving its services and product lineup to meet the changing needs and demands of its customers. With a strong focus on innovation and a commitment to providing exceptional care, Fyzical remains a leading healthcare franchise in the United States.
Key terms
- Franchise fee
$49k
- Multi-unit concurrent agreements
$35,000 for the second Center; $20,000 for the third and each additional Center when agreements are signed at the same time
- Brand fund
2.0% of Net Sales
- Local advertising
5.0% of Net Sales
- Footprint
1,200 – 2,200 sq ft
- Development Rights Rider
$49k
- Veteran discount
10.0% off franchise fee — 10% reduction on the initial franchise fee for the first Center for qualified veterans
Brand Percentile Rankings
Rankings compare brands in the same operating year. Fee and investment figures come from the FDD (2026 filing); filings on file: 2024, 2025, 2026.
Growth
- Total locations66
Franchised units open at year-end
- New openings8
Gross new units opened during the calendar year
- 1-year unit growth rate11.9%
Net unit growth versus prior year
- 3-year unit CAGR12.7%
Compound annual growth rate of unit count over the trailing 3 years
- Unit growth ratio8.0×
Cumulative opens / closures through year-end
Unit economics
- Annual unit volume (Median)—
Per FDD Item 19 disclosure
- Annual unit volume (25th percentile)—
Per FDD Item 19 disclosure
- Annual unit volume (75th percentile)—
Per FDD Item 19 disclosure
- 1-year Median AUV growth rate-20.1%
Year-over-year change in median AUV
- Store-level EBITDA Margin—
Median unit-level EBITDA / AUV
Investment profile
- Estimated initial investment$663k
Midpoint of estimated initial investment range
↓ Lower is better - Time to open—
Midpoint of average time from agreement to opening
- Royalty rate—
Percent of net sales paid to the franchisor
- Sales-to-investment ratio—
Median AUV / estimated initial investment midpoint
- Cash-on-cash returns—
Median unit-level EBITDA / estimated initial investment midpoint. Steady-state estimate; year 1 returns will be lower as the unit ramps to median volumes.
Franchisee healthLocked
- Unit closure ratio
- Transfer vs. closure ratio
- Percent multi-unit franchisees
- Litigation rate
- EBITDA multiple on sales & transfers
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