FYZICAL Therapy & Balance Centers
Bottom line
- Total investment $64K – $519K including a $49K franchise fee.
- Average unit revenue of $670K/year (median $508K).
- Rated STRONG with a risk score of 42/100. SBA loan default rate of 0.0% across 196 loans (below the industry average).
- Auditor disclosed a going-concern note — flagged doubt about the franchisor's ability to continue operations. Verify against the latest FDD.
Item 1 · who you're contracting with
The Franchisor
Yale framework · single-unit ROIC
Returns Analysis
Pulls Item 7 (investment) and Item 19 (revenue) from this brand's FDD into the Yale unlevered-ROIC formula. Override any input to stress-test it against your own assumptions.
The model · Yale framework
What would one FYZICAL Therapy & Balance Centers unit return on the cash you put in?
Unlevered ROIC · per unit
39%
In Yale's "attractive" band (30–60%)
Levered LBO scenario · Yale Crease Capital framing
What would 25 FYZICAL Therapy & Balance Centers units return on equity?
Equity IRR · 5-yr
49.6%
7.48× MOIC
Year-1 DSCR
1.89×
EBITDA ÷ debt service
Equity required
$2.0M
on $10.1M purchase
Total debt
$8.0M
SBA $5.0M + senior + seller note
Overview
About
FYZICAL franchisees operate physical therapy and balance centers delivering rehabilitation services, fall prevention programs, and vestibular therapy to patients with insurance or self-pay arrangements. Day-to-day operations include patient assessment, treatment delivery, billing/insurance claims management, and staff scheduling across typically 2-5 licensed therapists per location.
Item 7 · what it costs
The Vitals
Item 19
Financial Performance
Item 20 · unit dynamics
The Growth Chart
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 20 · 17 states with active franchisees
The Territory Map
Derived from franchisee contact records. Shows states with at least one current operator — not where the franchisor is registered to sell new units (that data is re-extracting in a future refresh).
States derived from franchisee phone area codes (Item 20). Approximate — ported numbers may show the original state, not the franchisee's current location.
Government records
SBA Loan Data
Aggregated from SBA 7(a) loan disclosures, public data unique to FranchiseVerdict.
FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17
Risk & Legal
FYZICAL presents moderate-to-cautionary risk: lack of earnings transparency, active litigation indicating franchisor-franchisee disputes, slow growth, and going concern status warrant deep validation before committing $500K+ investment.
Score breakdown · what drove the 42 / 100 rating
- 01MEDNo Item 19 (Average Unit Volume) disclosed despite $670K average revenue claim — inability to verify earnings claims or unit profitability
- 02HIGHThree active litigation cases including breach of contract/misrepresentation settlement ($50K) suggest franchisor-franchisee conflict and potential systemic issues
- 03MINORSlow unit growth (5.9% YoY) with 579 units indicates market saturation or franchisee dissatisfaction in mature system
- 04MINORHigh royalty floor ($3,000/month = $36K annually) creates significant fixed costs regardless of revenue, problematic for underperforming locations
- 05HIGHGoing Concern status signals potential financial distress at franchisor level, raising questions about support, technology, and long-term viability
- 06MINORConstructive discharge and retaliation claims suggest internal management/HR dysfunction that may extend to franchisee relations
Severity inferred from the FDD text · not a regulatory classification
FDD Items 5, 6, 12, 17 · continued from Risk & Legal
Contract & Territory Detail
Item 11
Training & Operations
Item 20
Franchisee Contacts
Phone numbers extracted directly from this brand's FDD Item 20. After purchase, you'll also receive a list of validation questions tailored to this brand.
Franchisee contacts
72 numbers
One-time purchase · CSV download · Validation questions included
FDD download
FYZICAL Therapy & Balance Centers · FDD (2026) PDF