- Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$351K - $661K
- Units as of 2020
-
115 202.6% over 3 years
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.
Company Overview
About OsteoStrong
| Industry | Health & Wellness |
|---|---|
| Related Categories | Miscellaneous Health Services |
| Founded | 2011 |
| Parent Company | Blue Ocean International Inc. |
| Leadership | Jimmy Youngblood, President |
| Corporate Address |
8524 Hwy. 6 N., #310 Houston, TX 77095 |
| Social | Facebook, Twitter, LinkedIn, Instagram, YouTube |
Business Overview
| Franchising Since | 2012 (13 years) |
|---|---|
| # of employees at HQ | 20 |
| # 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
|
$29,000 |
|---|---|
|
Initial Investment
|
$350,780 - $660,750 |
|
Royalty Fee
|
6%+ |
|
Ad Royalty Fee
|
1%+ |
|
Term of Agreement
|
10 years |
| Is franchise term renewable? | Yes |
Financing Options
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 & Conventions
Toll-Free Line
Grand Opening
Security & Safety Procedures
Field Operations
Proprietary Software
Franchisee Intranet Platform
|
| Marketing Support |
Co-op Advertising
Ad Templates
Regional Advertising
Social Media
SEO
Website Development
Email Marketing
|
Operations
Additional details about running this franchise.
| Is absentee ownership allowed? | No |
|---|---|
|
Can this franchise be run from home/mobile unit?
|
No |
|
Can this franchise be run part time?
|
No |
|
Are exclusive territories available?
|
Yes |
Franchise 500 Ranking History
Compare where OsteoStrong landed on this year's Franchise 500 Ranking versus previous years.
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