ReNew Concierge Physical Therapy franchise
2023 filing · July 17, 2023Shares sales figures
ReNew Concierge Physical Therapy at a glance
A physical therapy practice whose doctors of physical therapy treat patients at home and at selected locations. At the end of 2022 there were 2 ReNew Concierge Physical Therapy locations in the US, all company-owned.
The business
- Industry
- Health and wellness
- Franchisor
- Renew Concierge Franchising, LLC
- The company that sells the franchises
What you pay
- Cost to open
- $63K–$99K
- Fee, build-out and opening working capital
- Franchise fee
- $36,000
- Can be paid with a promissory note
- Royalty
- 20%
- 20% of gross sales, falling to 15% above $500,000, 12% above $1,000,000 and 10% at higher sales, with a monthly minimum set by territory size
- Brand fund
- None now
- Up to 1.5% of gross sales, not charged at present
- Agreement length
- 5 years
Where it is
- US locations, 2022
- 2
- Franchised and company-owned
- Franchised
- 0
- Company-owned
- 2
- Change in 3 years
- 0
- Franchised locations, 2020–2022
- States
- 1
- Most in Florida
From Renew Concierge Franchising, LLC’s 2023 filing; SBA status from the SBA Franchise Directory, October 28, 2026.
Where it ranks
ReNew Concierge Physical Therapy among all franchises with the same figure.
| Figure | ReNew Concierge Physical Therapy | Among all franchises |
|---|---|---|
| Cost to open, midpointHalfway between the low and high estimate | $81,150 | Costs less than 92% of franchises |
| Franchise feePaid once, when you sign | $36,000 | Lower than 60% of franchises |
| RoyaltyShare of sales paid to the franchisor | 20% | Higher than 99% of brands with a set rate |
| US locationsFranchised and company-owned | 2 | Fewer than 82% of franchises |
How much a ReNew Concierge Physical Therapy franchise costs
Opening one ReNew Concierge Physical Therapy costs an estimated $63,050 to $99,250. That covers the franchise fee and everything else needed to open, through the first months of working capital. It is one of the low-cost franchises.
The biggest costs are initial franchise fee ($36,000) and additional funds – three months ($15,000 to $36,000). Here is every line of the estimate as filed:
| What it pays for | Range | Low | High |
|---|---|---|---|
| Initial Franchise Fee | $36,000 | ||
| Office Improvements | $0 | ||
| Equipment | $250 | $750 | |
| Initial Inventory | $500 | $1,500 | |
| Computer, Software, and Business Management System | $1,000 | $2,000 | |
| Service Vehicle | $0 | $6,000 | |
| Start-Up Marketing | $1,000 | ||
| Insurance Deposits | $800 | $2,500 | |
| Travel for Initial Training | $7,500 | $10,000 | |
| Professional Fees | $500 | $2,500 | |
| Licenses and Permits | $500 | $1,000 | |
| Additional Funds – Three Months | $15,000 | $36,000 | |
| Total | $63,050 | $99,250 | |
Source: Renew Concierge Franchising, LLC, 2023 filing, page 17
ReNew Concierge Physical Therapy franchise fee
The franchise fee is $36,000, can be paid with a promissory note. You pay it when you sign the franchise agreement.
Source: Renew Concierge Franchising, LLC, 2023 filing, page 11
Royalty and ongoing fees
| Royalty | 20% of gross sales, falling to 15% above $500,000, 12% above $1,000,000 and 10% at higher sales, with a monthly minimum set by territory size. |
|---|---|
| Brand or marketing fund | Up to 1.5% of gross sales, not charged at present. |
| Software | Currently $255 per month |
| Franchisee Directed Local Marketing | Minimum of $500 per month |
The typical franchise royalty is 6% of sales, plus 2% for marketing. See franchise fees and royalties to compare.
Source: Renew Concierge Franchising, LLC, 2023 filing, page 12
Other fees as filed, from page 12. The filing lists every fee, including late fees and audit costs.
Sales and earnings
Shares figures ReNew Concierge Physical Therapy publishes sales or earnings figures for its locations. The full tables, with notes on which locations are counted, are in its filing.
Source: Renew Concierge Franchising, LLC, 2023 filing, page 41
How ReNew Concierge Physical Therapy compares
Of the 199 health and wellness franchises on this site, ReNew Concierge Physical Therapy is the 14th cheapest to open and the 151st largest by number of locations.
| Figure | ReNew Concierge Physical Therapy | Typical health and wellness brand | Typical franchise |
|---|---|---|---|
| Cost to open, low end | $63K | $224K | $222K |
| Cost to open, high end | $99K | $498K | $477K |
| Franchise fee | $36K | $45K | $40K |
| Royalty | 20% | 6% | 6% |
| US locations | 2 | 10 | 21 |
| Shares earnings figures | Yes | 125 of 199 | 2,147 of 3,352 |
Typical is the median across the 199 brands in health and wellness franchises; typical franchise, across every brand here.
Locations opened and closed
| Year | Franchised | Company-owned | Opened | Closed |
|---|---|---|---|---|
| 2020 | 0 (0) | 1 | 0 | 0 |
| 2021 | 0 (0) | 2 | 0 | 0 |
| 2022 | 0 (0) | 2 | 0 | 0 |
Closed or left counts terminations, non-renewals, locations bought back by the franchisor and locations that stopped operating.
See which brands grew most in the fastest-growing franchises rankings.
More in the guides: franchise failure rates.
Source: Renew Concierge Franchising, LLC, 2023 filing, page 45
Where ReNew Concierge Physical Therapy locations are
At the end of 2022, ReNew Concierge Physical Therapy had locations in 1 state. The most are in Florida.
- Florida2
| State | Franchised | Company-owned | Total |
|---|---|---|---|
| Florida | 0 | 2 | 2 |
Source: Renew Concierge Franchising, LLC, 2023 filing, page 45
Who owns ReNew Concierge Physical Therapy?
ReNew Concierge Physical Therapy franchises are sold by Renew Concierge Franchising, LLC.
From Renew Concierge Franchising, LLC’s 2023 filing.
Lawsuits and bankruptcy
| Lawsuits and regulatory actions | None. The filing says no litigation has to be disclosed. |
|---|---|
| Bankruptcy | None. The filing says no bankruptcy has to be disclosed. |
Franchisors must disclose lawsuits and bankruptcies involving the company, its parents and affiliates, and its executives. Many cases are routine disputes with franchisees over fees or contracts; read the descriptions in the filing and ask current owners about anything that worries you.
Source: Renew Concierge Franchising, LLC, 2023 filing, litigation on page 11, bankruptcy on page 11
ReNew Concierge Physical Therapy filings
The figures on this page come from Renew Concierge Franchising, LLC’s 2023 filing, issued July 17, 2023, on record with the NASAA Electronic Filing Depository.
| Filing | Issued | Registry | On this page |
|---|---|---|---|
| 2023 filing | July 17, 2023 | NASAA depository | Costs, fees and locations, 2020–2022 |
Each link opens the filing as a PDF. See the newest filings across all brands.
