HealthSource Chiropractic(R) is the world's leading chiropractic franchise system, with over 160 clinics open across Canada and USA. We offer two types of HealthSource Chiropractic(R) franchises: (1) individual Clinic franchises for the right to develop and operate a single Clinic offering all of our franchised services and products in a designated area; and (2) Regional Developer franchises, which provide entrepreneurs with access to an extensive range of clinics within exclusive territories.
Franchise Opportunity
The health care industry is a difficult one to navigate, and it can be hard for patients to know where to turn when they need help. HealthSource Chiropractic(R) offers an easy-to-use system that provides progressive rehabilitation by offering physical therapy, weight loss and chiropractic services together as a comprehensive solution for pain relief and other related services and products. Our clinics offer two types of franchises--individual clinic franchises for the right to develop and operate a single clinic offering all of our franchised services in a designated area; or regional developer franchises with the right to use our proven operating system across multiple locations throughout your territory. Both options provide you with everything you need so that you can focus on helping people live healthier lives while growing your business. We offer two types of HealthSource Chiropractic(R) franchise opportunities--individual clinic franchises for the right to develop and operate a single clinic offering all of our franchised services in a designated
Corporate Structure
HealthSource Chiropractic, Inc. is an Ohio corporation incorporated on November 22, 2005. They began offering HealthSource Chiropractic® franchises in February 2006. Their principal business address is 36901 American Way, Suite 7, Avon, Ohio 44011.
Earnings Transparency
7 /10
This Franchise discloses slightly more information about the financial performance of their franchisees compared to other franchises in the same industry
Why do some franchises disclose more than others?
There are many reasons why a brand may choose to not include item 19 on their FDD: they could be a newer franchise, they may be in a unique industry that is not super profitable or well-known yet
Financial Performance of "Standard" Units
Average Revenue Per Unit
Compared vs. Health & Fitness Industry
$363,404 / unit
Franchise Type: Standard
Average Revenue During 2020
$363,404
$100,925 Industry Low
$4,665,709 Industry High
Average Gross Profit Per Unit
Compared vs. Health & Fitness Industry
$164,834 / unit
Franchise Type: Standard
Average Gross Profit During 2020
$164,834
$164,834 Industry Low
$1,046,263 Industry High
Franchisee Attrition
10 /10
This franchise's rate of attrition in 2023
of 0.00%
was
Lower
than the 4% in the Health & Fitness industry. Generally speaking, a higher rate of attrition represents a less stable franchise system and a lower rate of attrition indicates a more successful system
What's Included in franchise attrition?
We define the franchisee attrition rate as the sum of terminations, re-acquisitions by
franchisor, non-renewals, and ceased operations, divided by the number of outlest at the start of the year.
It is a strong indicator of the strength of the underlying operating model
Franchise Types Available
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Type
Investment
Fees
Employee Contact Database
#
Name
Position
Phone Number
Email Address
Franchise Disclosure Documents
FDD
Effective Date
Distribution of HealthSource Chiropractic Franchisees
HealthSource Chiropractic Franchise System Development in 2021
FAQ
How much investment do I need to start my own HealthSource Chiropractic business?
Franchisees typically require at least
$79,711 to
$344,917 investment to get their
HealthSource Chiropractic business started
What are the initial franchise fees for HealthSource Chiropractic?
Franchisees typically need to pay at least
$29,000 in fees directly to
HealthSource Chiropractic in order to earn the right to launch their business
How much money can I make with a HealthSource Chiropractic franchise? What are
the average revenues for a typical HealthSource Chiropractic business?
We estimate that the average revenue of an individual
HealthSource Chiropractic unit is approximately
$363,404. We based this on Item 19 in franchise disclosure
document
How long do I need to commit to running a HealthSource Chiropractic unit? What
is my contractual commitment?
HealthSource Chiropractic franchisees are typically required to sign up to a
10 year contract initially. The renewal length
is 10 years. You can of course exit early but
don’t expect to get any refund!
Accessibility
8 /10
The Franchisor's investment costs ranges from
$79,711 to $273,004
which is
Much Lower
than the $322,949 to $669,726 average in the Health & Fitness industry
What determines the investment cost?
Item 7 of the Franchise Disclosure Document lays out the full list of initial investment costs, including the fee payable to the franchisor, security deposits, equipment, professional fees etc
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