FranDB
CHIROWAY

CHIROWAY

ChiroWay Franchise, LLC offers franchises to state-licensed chiropractors, and in limited circumstances to chiropractic students, for the operation and/or management of ChiroWay Centers that provide chiropractic services to individuals and families using a monthly flat-fee subscription model. The business model emphasizes standardized protocols, proprietary software, and branding under the ChiroWay marks, with a focus on wellness-oriented regular care. Target market includes individuals and families seeking accessible chiropractic care without insurance reimbursements.

Since 2012ServicesWoodbury, MNwww.chiroway.com
2024 FDDNo Item 19SBA Loan Data

Disclaimer: This information was extracted using AI from public Franchise Disclosure Documents and should be independently verified. This is not financial or legal advice. Always review official FDD filings before making investment decisions.

Overview

Investment
$102,000 - $154,500
Franchise Fee
$30,000
Locations
11

Financial Requirements

Franchise Fee$30,000
Initial Investment Range$102,000 - $154,500
Royalty Rate4.00%
Brand FundN/A
Fixed Monthly Fees$325 - $325

4% royalty (min. $650/mo) + $325/mo marketing fund + $325/mo technology fee

Franchise Stats

Franchise Locations11
Corporate Locations1
States Operating4
Franchising Since2012
FDD Year2024

Financial Performance

Item 19 Financial Performance

This franchise did not provide Item 19 financial performance data.

Be careful if you are interested in investing. The lack of financial performance representations may indicate limited data or varying results across franchises.

Extracted Item 19 Section

How CHIROWAY Compares to Other Medical Services Franchises

Key Insights

  • Lower than average SBA loan default rate in Medical Services
FranchiseInvestment RangeFranchise FeeRoyaltyLocations
CHIROWAY
Current
$102K - $155K$30K4.0%11
VISION SOURCE$100K - $450KN/A2.5%3,007
THE JOINT CHIROPRACTIC (UNIT)$254K - $521K$40K7.0%696
FYZICAL$168K - $419K$49K6.0%539
AFC/AMERICAN FAMILY CARE$956K - $1.5M$60K6.0%304
THE MEDICINE SHOPPE OR MEDICINE SHOPPE$513K - $896KN/A3.0%271
Medical Services Average
22 franchises
$251K - $503K$45K6.3%-

* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 22 Medical Services franchises by location count.

Locations & Growth

Outlet Growth Over Time

Total outlets at end of each year

Geographic Distribution (2023)

Outlets by state across the United States

Top States by Outlet Count
1MN
8
2WI
2
3TX
1

SBA Loan History

Historical SBA 7(a) loan data for CHIROWAY franchisees (2015 - 2025)

Total Loans
14
Average Loan Amount
$80,736
Total Loan Volume
$1,130,300
Default Rate
0.0%

Loans by Year

* Data sourced from SBA 7(a) FOIA loan records. Default rate calculated from charged-off loans.

Franchisee Contacts

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11 franchisee contacts on file. Upgrade to see names, locations, phone numbers, and matched SBA loan data.

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Due Diligence

Litigation (Item 3)

Franchisee Litigation Cases0

No litigation involving franchisees reported in the FDD.

Bankruptcy (Item 4)

Bankruptcy HistoryNo

No bankruptcy history reported in the FDD.

System Health (Item 20)

Franchise system changes reported in the most recent fiscal year

Terminations
0
Non-Renewals
2
Reacquired by Franchisor
0
Ceased Operations (Other)
0
System Transfers
0
Sold to Franchisees
0
Projected New Franchises
6

Frequently Asked Questions

How much does it cost to open a CHIROWAY franchise?

The total initial investment to open a CHIROWAY franchise ranges from $102,000 to $154,500. This includes a franchise fee of $30,000. Ongoing royalty fees are 4.0% of gross sales.

How many CHIROWAY franchise locations are there?

As of the 2024 FDD, CHIROWAY has 11 franchise locations. The company has been franchising since 2012.

Can you get an SBA loan for a CHIROWAY franchise?

Yes, SBA loans are available for CHIROWAY franchises. Historical data shows 14 SBA 7(a) loans have been approved for CHIROWAY franchisees, with an average loan amount of $80,736. The historical default rate is 0.0%.

Is CHIROWAY a good franchise to buy?

CHIROWAY shows several positive indicators: low SBA loan default rate. However, franchise success depends on many factors including location, local market conditions, and owner involvement. We recommend speaking with existing franchisees and consulting with a franchise attorney before making a decision.

Interested in CHIROWAY?

Talk to a franchise advisor to get personalized guidance and learn if CHIROWAY is the right fit for you.

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