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HEALTHSOURCE CHIROPRACTIC
HealthSource Chiropractic franchises operate business-to-consumer clinics providing 'progressive rehabilitation' services, combining chiropractic adjustments, physical therapy, soft tissue rehabilitation, and wellness care for pain relief, functional restoration, and overall health. They offer single Clinic franchises (new start-up or conversions of existing chiropractic clinics) or multi-unit development agreements, using proprietary systems, marks, and technologies like non-surgical Spinal Decompression and photobiomodulation. The target market includes patients with acute or chronic pain seeking comprehensive, non-invasive treatments.
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Franchise Costs
7% royalty + 2% ad fund + $199/mo technology fee
Financial Performance
Item 19 Financial Performance
Data Based On: Gross Revenues data is based on 118 Qualifying Units that met the definition of Qualifying Units in both 2022 and 2023. Gross Profit data is based on 67 Participating Units for 2023.
* Weighted average revenue calculated from quartile data for 118 units is $513,183.97, which is consistent with the reported average gross revenue of $513,184. Weighted average gross profit calculated from quartile data for 67 units is $363,847.87, which is consistent with the reported average gross profit of $363,848. The best_guess_profit_low and best_guess_profit_high are taken directly from the reported Gross Profit Range for the 67 Participating Units.
Extracted Item 19 Section
Avg. Revenue: $513,184
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Unlock financial performance dataHEALTHSOURCE CHIROPRACTIC Franchise Analysis
Chiropractic franchises like HealthSource promise a slice of the booming wellness market with their blend of adjustments, therapy, and decompression tech. Yet the 2024 FDD's Item 19 earnings disclosure paints a picture of wide performance gaps that could make or break your return. With system contraction in the mix, does this opportunity deliver consistent health or just sporadic relief?
Item 7 lays out the financial entry: a $60,000 franchise fee within a total investment of $310,145-$534,719 for a clinic startup or conversion. Ongoing fees hit 7% royalty plus 2% ad fund and $199 monthly tech charge, pressuring margins on average gross revenues of $513,184 (median $442,547) per Item 19 across 130 units. Estimated profits swing dramatically from $61,458 low-end to $1,045,697 high-end, signaling that top performers crush it while many hover near break-even after costs—highlighting the need for strong patient acquisition in this B2C pain-relief niche.
System health per Item 20 shows turbulence: locations dropped 6% from 138 in 2022 to 130 in 2023, with 11 non-renewals and just 4 transfers, despite ambitious 55 projected new units. This contraction bucks the health industry's growth trend, possibly tied to post-pandemic shifts or operational hurdles in multi-service clinics. Investors eyeing stability might pause at the shrinkage, but aggressive expansion plans suggest confidence—though execution will dictate if HealthSource rebounds or stalls.
Analysis based on the 2024 Franchise Disclosure Document. All figures should be independently verified before making investment decisions.
How HEALTHSOURCE CHIROPRACTIC Compares
Key Insights
- Top 10 largest franchise system in Health & Wellness Centers
| Franchise | Investment | Fee | Royalty | Locations |
|---|---|---|---|---|
HEALTHSOURCE CHIROPRACTIC Current | $310K – $535K | $60K | 7.0% | 130 |
| Club Pilates | $385K – $839K | $65K | 8.0% | 1,029 |
| GOLD'S GYM | $1.8M – $4.5M | $40K | 5.0% | 159 |
| OSTEOSTRONG | $276K – $616K | $35K | 7.0% | 153 |
| HEALTHSOURCE CHIROPRACTIC | $83K – $635K | $60K | 7.0% | 129 |
| Perspire Sauna Studio | $566K – $990K | $50K | 7.0% | 66 |
Health & Wellness Centers Average 17 franchises | $599K – $1.3M | $65K | 7.2% | – |
* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 17 Health & Wellness Centers 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
+18 more states
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Unlock location growth dataFranchisee Contacts
188 franchisee contacts on file from official FDD filings.
188 Contacts Available
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Unlock contactsDue Diligence
Litigation (Item 3)
Bankruptcy (Item 4)
System Health (Item 20)
Franchise system changes reported in the most recent fiscal year
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Unlock due diligence reportsFrequently Asked Questions
The total initial investment to open a HEALTHSOURCE CHIROPRACTIC franchise ranges from $310,145 to $534,719. This includes a franchise fee of $60,000. Ongoing royalty fees are 7.0% of gross sales.
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