Exploring a Premier Health and Wellness Franchise Opportunity in Alternative Medicine Market Expected to More Than Double by 2030 to $90B
Are you looking for an innovative and impactful franchise opportunity in the health and wellness sector? Here's a glimpse into a pioneering franchise offering a unique blend of non-surgical, non-opioid pain relief and injury rehabilitation services. This franchise leverages the body’s natural healing abilities to address joint and nerve conditions through alternative and concierge medicine.
Market Opportunity
The US is one of the largest markets for alternative medicine in the world. In 2021, the US alternative medicine market was valued at $41B projected to more than double to $90B by 2030. This growth is driven by increasing consumer awareness and interest in alternative and holistic health practices, as well as the growing acceptance and integration of alternative medicine into mainstream healthcare.
According to a NIH Survey conducted in 2017, nearly 38% of adults and 12% of children in the U.S. use some form of complementary or alternative medicine today.
Key Selling Points
1. Ownership Flexibility: Options for single or multi-clinic ownership.
2. Ideal Location: A medical plaza around 1K sq. ft. is a perfect setting.
3. Innovative Treatments: Focused on non-surgical, non-steroidal, and non-opioid regenerative medical treatments.
4. No Medical Degree Required: No need for a medical background to become owner.
Staff Requirements
A small team of 1-5, including part-time doctor and front office staff with medical designation.
Financial Overview
- Ramp-Up Period: 4-6 months
- Initial Investment: $168K - $361K
Franchise Fee: $55K for a territory
- Net Worth Requirement: $250K
- Liquidity Requirement: $150K
- Royalty Rate: 7%.
- EBITDA: 25% w/ a $100K salary add-back.
Franchise Today
- Founded: 2019
- Franchised: 2022
Current Units: 12 brick-and-mortar locations.
- Territories Sold: 30 since FDD issuance.
- Projected New Units: 9
Membership and Patient Services
- Treatment Focus: Pain relief for injuries, arthritis, nerve pain, joint pain, diabetes.
- No Insurance covered
- Average Ticket: $7K (payment plans available).
Ideal Candidate Profile
- Background: No medical experience or degree required.
Skills: Strong sales and management skills.
- Complementary Business: Ideal for those looking to bolt on to existing businesses or healthcare providers wanting to add new services.
- Owner Role: Hosting seminars and lunch-and-learns bi-weekly and leading the team.
If you're excited about the potential to make a significant impact in the health and wellness industry while running a successful business, this franchise opportunity could be the perfect fit for you. Contact me today to learn more and start your journey towards owning a clinic that changes lives.
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