- How much does a QC Kinetix franchise cost
- How much do QC Kinetix franchise owners make?
- What is QC Kinetix franchise profit?
- What is QC Kinetix?
- Is QC Kinetix a Franchise Opportunity?
- Facts That Nobody Told You About QC Kinetix
- QC Kinetix Franchise Requirements and Reviews
- QC Kinetix Training to Franchises
- QC Kinetix Operations to Franchises
- How is QC Kinetix Territory Granted to Franchises
- What is the Franchise Term of Agreement and Renewal?
- Does QC Kinetix provide Financial Assistance to Franchises?
- Pros & Cons of Owning a QC Kinetix
- What are QC Kinetix franchise reviews?
- QC Kinetix Franchise Rankings
- Franchise Deck Analysis and Overview
- Competition Analysis of QC Kinetix Franchises
- Conclusion: Is the QC Kinetix franchise worth it?
- Frequently Asked Questions (FAQs)
Welcome to the world of QC Kinetix – a revolutionary franchise opportunity in the rapidly growing field of regenerative medicine. QC Kinetix is a leading provider of non-surgical, non-opioid solutions for chronic pain and other conditions using advanced regenerative therapies. If you are interested in starting your own business in the healthcare industry, then the brand’s franchise could be an excellent option for you. With a proven business model, extensive training and support, and a strong brand reputation, the company offers an exciting opportunity for entrepreneurs to tap into the rapidly expanding market for regenerative medicine. In this article, we will provide you with a comprehensive overview of the QC Kinetix franchise, including its cost, profit potential, reviews from current franchisees, and opportunities available for interested parties. So, if you are considering investing in the franchise, or just want to learn more about this exciting business opportunity, read on!
Based on estimates, the physical therapy sector, valued at USD 23.1 billion in 2021, is set to undergo significant expansion and hit USD 37.24 billion by 2029. It’s predicted that this industry will witness a compound annual growth rate (CAGR) of 6.15% from 2022 to 2029.
How much does a QC Kinetix franchise cost
The estimated initial cost required to open a franchise of QC Kinetix ranges from $230,900 to $341,250.
This initial investment includes the initial franchise fee of $55,000, as well as costs associated with leasehold improvements, equipment, inventory, marketing and advertising, and working capital.
How much does it cost to franchise a QC Kinetix in the United States?
The cost to open a franchise of QC Kinetix ranges from $230,900 to $341,250.
This initial investment includes the initial franchise fee of $55,000, as well as costs associated with leasehold improvements, equipment, inventory, marketing and advertising, and working capital.
QC Kinetix Franchise Price and Costs |
|
QC Kinetix Franchise Fee | $220K – $341K |
QC Kinetix Franchise Cost | $ 55,000 |
Royalty Fee | 8% |
Advertising Fee | $20,000 |
Term of Agreement | 10 years |
Is franchise term renewable? | Yes |
Renewable Franchise Fees | – |
How much do QC Kinetix franchise owners make?
According to the median sales data from QC Kinetix’s franchise outlets, it would take roughly 3.5 years to recover your investment at an average profit margin of 17.5%. This falls within the typical range for other franchise options. However, if your profit margin is lower than 17.5%, it may take longer to recoup your investment.
What is QC Kinetix franchise profit?
I will estimate the QC Kinetix franchise profit and years to recoup the investment (ROI).The estimated profit is in the range of $ 145,800 to $ 262,441 and it will take 3 to 4.5 years to recoup the investment. According to industry standards, getting a return on the franchise investment will not take a very long time.
AUV | Estimated Annual Profit (12.5%) | Estimated Annual Profit (17.5%) | Estimated Annual Profit (22.5%) |
$ 274,480 | $145,800 | $204,120 | $ 262,441 |
Recoup mid-point
$ |
4.5 years | 3.5 years | 3 years |
What is QC Kinetix?
QC Kinetix is a leading provider of non-surgical, non-opioid solutions for chronic pain and other conditions using advanced regenerative therapies. The company was founded in 2016 by Dr. Eric N. Durand, a board-certified orthopedic surgeon, with the goal of providing patients with safe and effective alternatives to traditional surgery and opioid-based pain management.
QC Kinetix clinics offer a range of regenerative treatments, including Platelet-Rich Plasma (PRP) therapy, Stem Cell therapy, and Amniotic Allograft therapy, which are designed to stimulate the body’s natural healing processes and reduce pain and inflammation. These treatments are minimally invasive, require little to no downtime, and have been shown to provide long-lasting relief for a range of conditions, including joint pain, back pain, and sports injuries.
Is QC Kinetix a Franchise Opportunity?
Yes, QC Kinetix is a franchising opportunity for entrepreneurs looking to start their own businesses in the rapidly growing field of regenerative medicine.
Facts That Nobody Told You About QC Kinetix
- QC Kinetix was founded in 2016 by Dr. Eric N. Durand, a board-certified orthopedic surgeon with more than 15 years of experience in regenerative medicine.
- QC Kinetix has a strong brand reputation and has been featured in numerous publications, including Forbes, Business Insider, and Yahoo Finance.
- QC Kinetix has been recognized by several industry publications for its innovative approach to regenerative medicine, including being named one of the “Top 20 Orthopaedic Solution Providers” by CIOReview.
- QC Kinetix is committed to giving back to the community and supports a range of charitable organisations, including the Arthritis Foundation, the Multiple Sclerosis Society, and the American Cancer Society.
QC Kinetix Franchise Reviews and Information |
|
Industry Type | Health & Wellness |
Sub Category | Miscellaneous Health Services |
Year Established | 2017 |
Company Name | QC Franchise Group LLC |
Founder/Management Head | Scott Hoots, CEO |
Franchising Started | 2020 |
Employees at Company H.O | 63 |
Franchise Expansion Plan | Throughout US and Worldwide |
Number of Units | 138 |
Number of Franchise Units | 138 |
Social Media Handles | |
Youtube | |
Company Office location | 227 W. Trade St., #2160
Charlotte, NC 28202 |
QC Kinetix Franchise Requirements and Reviews
To become a QC Kinetix franchisee, there are several requirements that must be met. These include:
- Financial Requirements: Potential franchisees are required to have a minimum net worth of $300,000 and liquid assets of at least $75,000.
- Business Experience: Prospective franchisees should have a background in business or healthcare, although prior experience in the field of regenerative medicine is not required.
- Franchise Fee: The initial franchise fee for a QC franchise is $55,000.
- Royalty Fees: The franchisees are required to pay ongoing royalty fees of 7% of gross sales.
- Training and Support: All franchisees of the brand are required to complete a comprehensive training program, which includes both classroom and on-the-job training. Franchisees also receive ongoing support and assistance from the QC Kinetix corporate team.
- Location and Site Selection: QC Kinetix has specific site selection criteria for its franchises locations, which include factors such as population demographics, visibility, accessibility, and competition in the area.
- Franchise Agreement: Prospective franchisees must review and sign a franchise agreement, which outlines the terms and conditions of the franchise relationship.
QC Kinetix Training to Franchises
The company provides comprehensive training programs, including on-the-job training and classroom sessions, to help franchisees operate their businesses successfully. The training usually includes 23 hours of on-the-job training and 17 hours of classroom training.
QC Kinetix Operations to Franchises
The franchise in question allows for absentee ownership, but cannot be operated from a home or mobile unit, nor can it be run part-time. Exclusive territories are available, which may offer some advantages to potential franchisees. It is important for individuals interested in this franchise to carefully consider the requirements and limitations involved in running the operation. Understanding these details can help entrepreneurs make informed decisions about whether this franchise is the right fit for their skills, interests, and goals.
How is QC Kinetix Territory Granted to Franchises
QC Kinetix grants a protected area to its franchisees when they sign an agreement, typically defined by zip code or a radius around the franchisee’s clinic location. The protected area is designed to give franchisees exclusivity in their market and competitive advantage, but it does not provide a complete monopoly. The size and shape of the protected area depend on various factors such as population density, competition, and potential demand for regenerative medicine services.
What is the Franchise Term of Agreement and Renewal?
The initial term of the agreement offered by the company for a franchise is 10 years, which can be renewed subject to the terms and conditions of the company.
Does QC Kinetix provide Financial Assistance to Franchises?
The brand does not provide any financial assistance from its end but it has established relationships with third-party lenders who offer financial support for franchise fees, franchise costs, etc.
Pros & Cons of Owning a QC Kinetix
Pros of owning a QC Kinetix
- Strong brand recognition: QC Kinetix has established itself as a leader in the field of regenerative medicine, with a strong reputation for providing effective and innovative treatments to patients.
- Comprehensive training and support: Franchisees receive comprehensive training and ongoing support in all aspects of running a QC Kinetix clinic, from marketing and advertising to clinical procedures and equipment management.
- Protected territory: Franchisees are granted a protected area in which to operate their clinic, giving them a level of exclusivity in their market and a competitive advantage.
- Diversified revenue streams: QC Kinetix offers a range of regenerative medicine treatments, allowing franchisees to diversify their revenue streams and serve a broad range of patients with different needs.
- High potential for growth: The market for regenerative medicine is growing rapidly, providing ample opportunities for franchisees to expand their business and increase their profits.
Cons of Owning a QC Kinetix
- High initial investment: The cost of opening a franchise can be significant, with estimated initial investment ranging from $230,900 to $341,250, depending on the location and size of the clinic.
- Ongoing fees: Franchisees are required to pay ongoing royalty fees of 7% of gross sales, as well as a monthly technology fee of $250, which can eat into profits.
- Limited flexibility: Franchisees are required to follow QC Kinetix’s established business model and operating procedures, which may limit their flexibility in running the clinic.
- Market competition: While QC Kinetix has a strong brand reputation, franchisees may still face competition from other healthcare providers offering similar regenerative medicine treatments in their market.
What are QC Kinetix franchise reviews?
Positive Reviews:
“ I’ve personally experienced positive results from regenerative medicine treatments provided by QC Kinetix clinics, with improved mobility, reduced pain, and faster healing times. “
“ I’m grateful for the comprehensive training and ongoing support provided by QC Kinetix, which has helped me to effectively manage my clinic and grow my business.”
“ I appreciate QC Kinetix’s innovative approach to healthcare, which has attracted a loyal customer base and set the franchise apart from traditional healthcare providers.”
Negative Reviews:
“ I found the cost of opening a QC Kinetix’s franchise to be significant, with franchise fees, equipment costs, and ongoing royalty fees cutting into my profits.”
“ While I appreciate the support and training provided by QC Kinetix, the requirement to follow established business models and operating procedures can limit my ability to adapt to local market conditions or pursue my own business strategies.”
“ I’ve faced competition from other healthcare providers offering similar regenerative medicine treatments, which has made it difficult to establish a strong foothold in my market. ”
QC Kinetix Franchise Rankings
The franchise was ranked #334 in the year 2023.
Franchise Deck Analysis and Overview
QC Kinetix’s is attempting to enter the market of physical and alternative therapy, but there are concerns about the franchise. Although there are numerous favorable reviews, negative reviews by both medical practitioners and patients raise doubts about the quality of their services.
In addition, the franchisor’s approach to business involves selling products and equipment to franchisees, as well as offering new franchise licenses. Typically, franchises that have long-term success obtain the majority of their revenue from royalties, which is not the case for QC Kinetix.
Potential Risks to consider before investing in a QC Kinetix’s franchise
Before investing in the brand’s franchise, potential franchisees should consider the risks associated with the venture. These include the high initial investment required, ongoing royalty fees, and limited flexibility in operating procedures. Additionally, market competition from other healthcare providers offering similar services may pose a challenge to establishing a strong customer base. As with any investment, it’s important to carefully weigh the potential risks and rewards before committing to a QC Kinetix.
Is the QC Kinetix Franchise Profit Worth the Cost?
Based on the information above, it can be said that QC Kinetix may be profitable, but it ultimately depends on the specific profit margin that an individual franchisee is able to achieve. The median sales data suggests that it would take around 3.5 years to recoup the franchise investment, which is in line with other franchise options. However, if a franchisee’s profit margin is lower than 17.5%, it may take longer to recover its investment. Therefore, potential franchisees should carefully consider the financial projections and profitability estimates before deciding whether the franchise cost is worth the potential profits.
Competition Analysis of QC Kinetix Franchises
QC Kinetix | Cost to Franchise | Franchisee Fees | Royalty + Ad fees | Expected Profit | Recoup of Capital | FD Rating |
QC Kinetix | $220K – $341K | $ 55,000 | 8% + $ 20,000 | $204,120 | 3 – 4.5 years | 4.0/5.0 |
Restore Hyper Wellness Franchise | $642K – $1.2M | $44,500 | 7% + 2% | – | – | 3.8/5.0 |
Pearle Vision
Franchise |
$70K – $979K | $30,000 | 7% + 8% | – | – | 3.8/5.0 |
The Joint Chiropractic
Franchise |
$215,297 – $476,997 | $ 39,900 | 7% +
2- 3% |
$ 488,771 | 6.2-10 years | 4.0/5.0 |
Profile by Sanford
Franchise |
$399K – $656K | $49,500 | 5% + 2% | – | – | 3.7/5.0 |
Physical Therapy Now
Franchise
|
$184K – $308K | $47,000 | 6% + 2% | – | – | 3.9/5.0 |
The Franchise Deck rating for the QC Kinetix’s franchise is 4.0/5.0.
Conclusion: Is the QC Kinetix franchise worth it?
In conclusion, the QC Kinetix franchise offers potential business opportunities for entrepreneurs interested in the physical and alternative therapy market. While there are some concerns surrounding the franchise, such as mixed reviews and a business model that involves selling products and equipment to franchisees, the potential profitability of the franchise appears to be in line with other options. However, it is important for potential franchisees to carefully consider the financial projections and operational requirements of the franchise before investing. Ultimately, those who are well-suited to the QC Kinetix franchise may find it to be a lucrative and rewarding business opportunity.
Entrepreneurs who want to open a franchise in the category franchise opportunities categories can look at
- FProfile by Sanford Franchise
- Fyzical Therapy & Balance Centers Franchise
- Physical Therapy Now Franchise
- Pearle Vision Franchise
- American Family Care Franchise
- Miracle-Ear Franchise
- My Eyelab Franchise
- Good Feet Store Franchise
- ApexNetwork Physical Therapy Franch
- CVS Pharmacy Franchise
- Lululemon franchise
- Board And Brush franchise
- Gatsby Glass Franchise
- Casey’s Franchise
Frequently Asked Questions (FAQs)
-
Is the QC Kinetix franchise profitable?
Based on the information above, it can be said that the brand’s franchise may be profitable, but it ultimately depends on the specific profit margin that an individual franchisee is able to achieve.
-
Can you make money owning QC Kinetix?
According to the median sales data from brand’s franchise outlets, it would take roughly 3.5 years to recover your investment at an average profit margin of 17.5%. This falls within the typical range for other franchise options. However, if your profit margin is lower than 17.5%, it may take longer to recoup your investment
-
Is QC Kinetix a franchise?
Yes, QC Kinetix is a franchise opportunity for entrepreneurs looking to start their own business in the rapidly growing field of regenerative medicine.
-
How much is a QC Kinetix franchise?
The estimated initial investment required to open a franchise of QC Kinetix’sranges from $230,900 to $341,250.
This initial investment includes the initial franchise fee of $55,000, as well as costs associated with leasehold improvements, equipment, inventory, marketing and advertising, and working capital.
-
How do QC Kinetix franchises make money?
The brand’s franchises make money by offering physical and alternative therapy services to patients and by selling products and equipment to franchisees, as well as offering new franchise licenses.