Fyzical Therapy and Balance Centers

Ownership

FYZICAL Therapy & Balance Centers offers a franchise opportunity for entrepreneurs, physical therapists, and current physical therapy practice owners. While each FYZICAL is independently owned and operated, FYZICAL Therapy & Balance Centers franchise is owned by New Harbor Capital (majority owner since 2018), indicating PE-backed national franchise structure.

Local Sourcing

No specific information available about Madison West location's sourcing practices or local supplier relationships. Vendor introductions and FYZICAL partner discounts are provided, suggesting corporate supply chain reliance, but local sourcing details are not documented.

Community Involvement

Madison West location is listed as a member of the Greater Madison Chamber of Commerce, indicating some community connection, but no specific evidence of event sponsorships, nonprofit partnerships, or school involvement. Marketing materials emphasize corporate franchise language rather than local community initiatives.

Local Workforce

Employees rate FYZICAL 3.4 out of 5 stars based on 258 anonymous reviews on Glassdoor and 51% of employees would recommend working at FYZICAL to a friend. Mixed reviews show variation across locations; individual franchisee management matters significantly.

Revenue Retention

Ongoing fees include a royalty fee of 6% of gross revenue and a marketing fee of 2% of gross revenue, with additional fees flowing to corporate and PE ownership. As a franchise extracting significant royalties and marketing fees, substantial revenue leaves the local community.

Local Presence

The website heavily emphasizes FYZICAL's corporate franchise identity, boilerplate mission statements about 'transforming healthcare,' and corporate language ('FYZICAL is the leader in the health and wellness space'). While it includes 'Madison West' location naming and a local phone request form, these are minimal local signals overwhelmed by franchise system references and cookie-cutter template language.