100% Chiropractic

Data Based On: Data based on 74 franchisee-owned clinics (NOI Clinics) that reported end-of-year financial information for the entire year of 2023. Gross revenue data (Table 1-3) is based on 83 franchisee-owned clinics (SC Clinics) open for the entire year 2023.

* Average Gross Revenue and Median Gross Revenue are taken directly from Table 1 for Total SC Clinics (83 units). Revenue Top Quartile and Revenue Bottom Quartile are from Quartile 1 and Quartile 4 averages in Table 1, respectively. Average Gross Profit is calculated as Average Total Revenue ($813,364.74) minus Cost of Goods ($34,168.05) from Table 4 for All NOI Clinics (74 units). Average Net Profit is taken directly from Table 4 as 'Clinic Net Operating Income' ($149,790.46). This excludes tax liabilities as noted in the document. Best guess profit range (low and high) is taken from the MIN and MAX 'Clinic Net Operating Income' for All NOI Clinics in Table 4, respectively: -$278,971.71 to $780,558.71. The proof of concept reflects that different sample sizes (83 SC Clinics vs 74 NOI Clinics) are used for different metrics, with the 74 NOI clinics providing the most detailed financial performance representations.