ApexNetwork Physical Therapy vs Fyzical
ApexNetwork Physical Therapy vs Fyzical: ApexNetwork Physical Therapy costs $149K to $448K to open; Fyzical costs $64K to $2.3M. ApexNetwork Physical Therapy has 7 units, Fyzical has 580. SBA loan history: ApexNetwork Physical Therapy = 8 loans (0.0% default); Fyzical = 110 loans (0.0% default). The franchise with more SBA funded units, a lower SBA default rate, and a lower royalty load is the safer financing bet; see the comparison below.
ApexNetwork Physical Therapy vs Fyzical: Capital, Scale & Lending Analysis
Analysis based on FDD filings and SBA 7(a) loan level data. Each pairing reflects a unique combination of capital intensity, system scale, and financing path.
Capital Intensity
Fyzical requires the lower minimum capital commitment ($64K vs $149K for ApexNetwork Physical Therapy), a 132% spread. Initial franchise fees come in at $50K for ApexNetwork Physical Therapy versus $49K for Fyzical, Fyzical has the lower entry fee. Ongoing royalty load is 8% for ApexNetwork Physical Therapy and 6% for Fyzical, giving Fyzical the lighter per-unit drag on operating income.
System Scale & Tenure
On scale, Fyzical operates 580 units to ApexNetwork Physical Therapy's 7, roughly 83× the system size. ApexNetwork Physical Therapy has been operating 29 years (founded 1997) versus 14 for Fyzical (founded 2012), a 15-year tenure gap that affects unit-economics maturity and FDD revision history.
SBA Lending Profile
Fyzical has the deeper SBA lending track record, with 110 7(a) approvals compared with 8 for ApexNetwork Physical Therapy.
Risk Signal
SBA default rates are 0.0% for ApexNetwork Physical Therapy and 0.0% for Fyzical. PeerSense FPI scores come in at 44 (Fair) for ApexNetwork Physical Therapy and 79 (Strong) for Fyzical, giving Fyzical the stronger composite signal across SBA performance, lender appetite, and operational consistency.
Health & Performance
FPI Score | 44/100 | 79/100 |
Health Tier | Fair | Strong |
Confidence | N/A | N/A |
Lending Trend | Declining | Stable |
SBA Lending
SBA Loans | 8 | 110 |
SBA Volume | – | – |
Default Rate | 0.0% | 0.0% |
Peer Tier | emerging | major |
Investment & Costs
Total Investment | $149K to $448K | $64K to $2.3M |
Franchise Fee | $50K | $49K |
Royalty Rate | 8% | 6% |
Ad Fund | 2% | 2% |
Liquid Capital | N/A | $100K |
Net Worth Required | N/A | $350K |
Financial Performance (Item 19)
Item 19 Status | Not Disclosed | Disclosed |
System Size & Operations
Total Units | 7 | 580 |
Franchised Units | 7 | 524 |
Company Owned | – | 56 |
Term Length | 10 yrs | 10 yrs |
Brand Information
Year Founded | 1997 | 2012 |
Franchising Since | N/A | 2013 |
Years Franchising | N/A | 13 yrs |
Headquarters | Highland, IL | CYPRESS, TX |
Category | Offices of Physical, Occupational | Offices of Physical, Occupational |
Website | ||
FDD Year | N/A | 2025 |
Which Is Better, ApexNetwork Physical Therapy or Fyzical?
Lower upfront capital required
Tie
ApexNetwork Physical Therapy: $149K starting · Fyzical: $64K starting
More SBA lender confidence
Fyzical
ApexNetwork Physical Therapy: 8 SBA loans · Fyzical: 110 SBA loans
Lower SBA default rate
Tie
ApexNetwork Physical Therapy: 0.0% · Fyzical: 0.0%
Larger system & brand presence
Tie
ApexNetwork Physical Therapy: 7 units · Fyzical: 580 units
Lower ongoing royalty load
Fyzical
ApexNetwork Physical Therapy: 8% · Fyzical: 6%
More lender financing options
Fyzical
ApexNetwork Physical Therapy: 6 unique lenders · Fyzical: 36 unique lenders
Decision matrix uses publicly disclosed FDD and SBA loan data. Not a recommendation. Your best franchise depends on capital, market, operating capacity, and risk tolerance.
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About These Franchises
ApexNetwork Physical Therapy vs Fyzical: Franchise Funding Comparison
Comparing ApexNetwork Physical Therapy and Fyzical is about more than brand preference. It's about which franchise fits your financial profile and funding strategy. Investment ranges from $64K to $2.3M.
ApexNetwork Physical Therapy has 8 SBA loans on record and Fyzical has 110. Those totals are cumulative history rather than a measure of current appetite. Recent lending activity is trending down for at least one of these brands, so current lender appetite has to be checked deal by deal rather than assumed from the totals.
SBA 7(a) loans are the most common franchise funding vehicle, offering up to $5M with as little as 10% down. PeerSense connects franchise buyers with the specific lenders who have approved loans for these brands, not generic referrals, but lenders with actual franchise lending track records.
Data sourced from SBA loan records, Franchise Disclosure Documents, and public filings. Updated regularly. Not financial advice, consult with a lending professional before making investment decisions.
ApexNetwork Physical Therapy vs Fyzical, Frequently Asked Questions
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Page Review
Reviewed by Edward L. Freeman, Founder and Managing Director, PeerSense
- PeerSense is a capital advisory firm that places commercial financing with direct capital sources; the capital source sets final terms.
- Edward L. Freeman founded PeerSense in January 2020.
- He is a Registered Franchise Consultant with Business Alliance, Inc., a credential issued in March 2022, and worked as a franchise consultant there from March 2022 to May 2023.
- His recorded experience includes a $22 million SBA construction loan, with about $16 million funded on the deal.
- In the 12 months through September 30, 2026, PeerSense tracked 912 publicly announced financings with a disclosed size of $361.32 billion. PeerSense Capital Data Report · Methodology page
Last reviewed LinkedIn profileAbout Edward Freeman