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- 2022 Franchise 500 Rank
N/R Ranked #157 last year
- Initial investment
$351K - $661K
- Units as of 2020
115 202.6% over 3 years
Here’s what you need to know if you’re interested in opening a OsteoStrong franchise.
OsteoStrong is a biohack that helps you strengthen the skeletal system, otherwise known as the body's foundation. For less than ten minutes a week, OsteoStrong may reduce the need to spend hours at a gym, sweating and exhausting yourself running for miles or lifting weights unnecessarily.
OsteoStrong employs a quick-session concept that can be tailored to even the busiest of schedules. That, coupled with the huge wellness industry, may make OsteoStrong uniquely placed to provide the wellness goals of many worldwide.
OsteoStrong began in 2011 and started to franchise in 2012. Since then, it has opened over 100 franchises throughout the United States.
Why You May Want to Start an OsteoStrong Franchise
OsteoStrong is described as a membership-based integrative health and wellness center. OsteoStrong provides exercise-based non-pharmaceutical options for musculoskeletal strengthening. Some who adopt OsteoStrong practices experience improved bone density, posture, balance, athletic performance, and noticeably less joint and back pain.
If you're a business savvy, health-minded and passionate entrepreneur, then OsteoStrong might be the business for you. With a choice of two unique ownership models, OsteoStrong offers franchisees knowledge of the Osteogenic Loading process, which they will then attempt to use to provide quick and painless results for people of all ages looking to improve their lives by enhancing their skeletal strength.
Depending on the business model potential franchisees choose to adopt, franchisees need to be passionate about making people stronger. Once awarded a franchise, new franchisees will receive a complete turnkey business. They can start operating their new OsteoStrong franchise as soon as they have completed training.
What Might Make an OsteoStrong Franchise a Good Choice?
Franchisees are advised to carry out their due diligence as they explore the OsteoStrong franchise system. As soon as you've been approved as a franchisee, OsteoStrong will help you choose an ideal location, as well as provide assistance with negotiating your lease.
Not only will OsteoStrong help franchisees acquire all the necessary fixtures and furniture for a new center, but franchisees will also have access to video training that will take them through each Spectrum device, OsteoStrong science, research, scripts and sales techniques, baseline markers, marketing, and iGo360 software training.
Franchisees can also attend OsteoStrong University, a multi-day interactive training that includes information on how to run a business, navigating the first appointment with your clients, and VibePlate/Spectrum Science and Safety.
How To Open an OsteoStrong Franchise
To be part of the OsteoStrong team, you should make sure you're financially ready for an initial investment made up of a franchise fee and other startup costs. You should also prepare yourself for ongoing fees that will include advertising, royalty, and potential renewal fees.
Opening an OsteoStrong franchise may offer a more predictable outcome than investing in a completely new brand that could struggle to thrive in an already crowded and competitive industry.
Before making any financial commitment or signing an agreement, you must perform your due diligence and establish if this is the right opportunity for you. As part of your due diligence, you may want to speak to existing franchisees and ask the OsteoStrong franchising team questions.
- Franchising Since
- 2012 (10 years)
- # of employees at HQ
- Where seeking
This company is seeking new franchisees in the following US states:
This company is seeking new franchisees in the following international regions:
- # of Units
- 115 (as of 2020)
Information for Franchisees
Here’s what you need to know if you’re interested in opening a OsteoStrong franchise.
Financial Requirements & Ongoing Fees
Here’s what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
- Initial Franchise Fee
Definition: The initial fee paid to a franchisor to join their system
What you need to know: Found in Item 5 of the FDD, this may be a flat fee, or may vary based on territory size, experience, or other factors.The franchise fee is an up-front (one-time) cost that a new franchisee pays to the franchisor. This fee is usually due at the signing of the franchise agreement and covers the right to use the franchisor's trademarks, name, and related business systems.
- Initial Investment
- $350,780 - $660,750
Definition: The total amount necessary to begin operation of the franchise
What you need to know: The initial investment includes the franchise fee, along with other startup expenses such as real estate, equipment, supplies, business licenses, and working capital. This is outlined in a chart in Item 7 of the FDD, showing a range of possible costs from low to high.
- Royalty Fee
Definition: A ongoing fee paid to the franchisor on a regular basis.
What you need to know: Most franchisors require franchisees to pay an ongoing royalty fee, which is detailed in Item 6 of the FDD. This fee is typically a percentage of weekly or monthly gross sales, but may also be a flat weekly, monthly, or annual fee.
- Ad Royalty Fee
Definition: An going fee paid to the franchisor on a regular basis to support advertising or marketing efforts.
What you need to know: This may also be called advertising fee, marketing fee, brand fund fee, and more, but the basic purpose is the same-- to support promotion of the brand systemwide. As with the royalty fee, it is detailed in Item 6 of the FDD, and can be a percentage of weekly or monthly gross sales or a weekly, monthly, or annual fee.
- Term of Agreement
- 10 years
Definition: The length of time your franchise agreement will last.
What you need to know: Franchise terms are typically anywhere from 5 to 20 years in length, but are sometimes instead dependent on factors such as the term of your lease. Once your term is up, you may have the option to renew your agreement, typically for a smaller fee than the original franchise fee.
- Is franchise term renewable?
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
- Third Party Financing
- OsteoStrong has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll
Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
- On-The-Job Training
- 12 hours
- Classroom Training
- 24 hours
- Ongoing Support
Meetings & ConventionsToll-Free LineGrand OpeningOnline SupportSecurity & Safety ProceduresField OperationsProprietary SoftwareFranchisee Intranet Platform
- Marketing Support
Co-op AdvertisingAd TemplatesRegional AdvertisingSocial MediaSEOWebsite DevelopmentEmail Marketing
Additional details about running this franchise.
- Is absentee ownership allowed?
Definition: Absentee ownership means that the franchisee does not actively work in the franchise business or manage day-to-day operations.
- Can this franchise be run from home/mobile unit?
Definition: The business can be run from your home and/or a vehicle, and it is not necessary to have a retail facility, office space, or warehouse.
- Can this franchise be run part time?
Definition: This business can be run by the owner on a part-time basis (less than 40 hours per week) and/or as a side business; it is not necessary for the business to be open/run full-time.
- Are exclusive territories available?
Definition: An exclusive territory is a fixed area in which you are given the right to operate and in which no other units of the same franchise may be opened.
What you need to know: Territory size may be based on factors such as radius, population size, zip codes, and more. Details can be found in Item 12 of the FDD.
Franchise 500 Ranking History
Compare where OsteoStrong landed on this year’s Franchise 500 Ranking versus previous years.
Are you eager to see what else is out there? Browse more franchises that are similar to OsteoStrong.
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