HealthSource America's Chiropractor Franchise FDD, Costs & Fees (2024)
KEY FRANCHISE STATS
All you need to know about this franchise in a snapshot
Initial franchise fee
$60,000
Investment required
$115,000 - $492,000
HealthSource: Revolutionizing Chiropractic Care Through Innovative Wellness Solutions
HealthSource America's Chiropractor is a leading chiropractic franchise that has made a significant impact in the wellness and chiropractic industry since its founding. Established in 2006 in the United States, HealthSource quickly gained recognition for its commitment to providing high-quality chiropractic care, rehabilitation, and wellness services.
The company is headquartered in Hudson, Ohio, and began franchising in 2006, the same year it was founded.
HealthSource distinguishes itself from competitors through its unique approach to chiropractic care, which integrates advanced chiropractic techniques with a proprietary Progressive Rehab® program.
This program is designed to not only alleviate pain but also address the underlying causes, ensuring long-term health and wellness for patients. The franchise also offers a Wellness Club, a subscription-based service that provides regular chiropractic adjustments and wellness products at discounted rates, further promoting preventive care and overall well-being.
Initial investment
Here's what you would need to invest if you were to start this franchise. These costs are provided by the franchisor in the Franchise Disclosure Document.
HealthSource America's Chiropractor offers 2 types of franchises:
| Type of Clinic | Initial Investment |
| Conversion of an Existing Chiropractic Clinic to a HealthSource Chiropractic Clinic | $115,162 to $347,158 |
| Single, New Start-Up Clinic Franchise | $355,662 to $492,358 |
We are summarizing below the main costs associated with opening a Single, New Start-Up Clinic franchise.
For more information on the various types of franchises and its costs, refer to the Franchise Disclosure Document (Item 7).
Single, New Start-Up Clinic Franchise
| Type of Expenditure | Amount |
| Initial Franchise Fee | $60,000 |
| Security Deposits | $3,000 to $7,000 |
| Site Selection and Construction Management Fee | $20,000 |
| Leasehold Improvements/Decorating Costs | $72,000 to $162,000 |
| Signage | $6,000 to $9,000 |
| Therapy Equipment and Soft Goods | $4,000 to $5,200 |
| Chiropractic Equipment | $22,600 |
| X-Ray Equipment | $0 to $33,500 |
| Class 4 Laser | $0 to $20,000 |
| Misc. Supplies & Equipment | $500 to $2,000 |
| Furnishings | $2,200 to $3,070 |
| Computers and Installation | $3,200 to $3,500 |
| Business Licenses and Permits | $0 to $500 |
| Professional Fees | $17,000 to $27,000 |
| Telecommunications Services | $0 to $2,500 |
| Insurance | $2,100 to $5,300 |
| Branding & Grand Opening Kit | $3,900 to $5,900 |
| 3 Months Marketing Expenses | $23,000 |
| Expenses to meet initial training requirements | $1,084 to $2,924 |
| 3-Months of Rent for Lease | $9,000 to $21,000 |
| 3-Months’ Billing Software Lease | $1,794 to $3,000 |
| Technology Fee – 3 months | $597 |
| Human Resources and Payroll Services – 3 months | $387 to $567 |
| Credit Card Processing Fees (3 Months) | $300 to $600 |
| Additional Funds – 3 months | $49,200 to $51,600 |
| TOTAL ESTIMATED INITIAL INVESTMENT | $355,662 to $492,358 |
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Franchise Disclosure Document
Training
HealthSource America's Chiropractor franchise offers comprehensive training designed to equip franchisees with the skills and knowledge necessary to run a successful chiropractic clinic. The training includes several key components:
- Initial Training Program: This is an extensive training session that takes place over several days at the HealthSource headquarters in Hudson, Ohio. The program covers various aspects of the business, including chiropractic care techniques, business management, patient acquisition strategies, and the use of proprietary systems like the Progressive Rehab® program.
- On-Site Training: Following the initial training, HealthSource provides on-site training at the franchisee's location. This hands-on training allows franchisees to apply what they have learned in a real-world setting, with guidance from experienced HealthSource trainers.
- Ongoing Support and Continuing Education: HealthSource emphasizes continuous improvement and education. Franchisees have access to regular webinars, regional meetings, and an annual conference. These sessions focus on the latest developments in chiropractic care, business operations, and marketing strategies. This ongoing support helps franchisees stay updated with industry trends and refine their business practices.
- Marketing and Technology Training: HealthSource also provides specialized training in marketing and the use of their technology platforms. This includes guidance on local and digital marketing strategies, patient relationship management, and the utilization of HealthSource's proprietary software systems to streamline clinic operations and enhance patient care.
Territory Protection
HealthSource America's Chiropractor franchise does offer territory protection to its franchisees. This protection ensures that franchisees have exclusive rights to operate within a specific geographic area, preventing other HealthSource franchises from opening nearby.
This helps franchisees build a strong local presence and reduces competition from within the brand. The exact details of the territory protection, such as the size and boundaries of the protected area, are typically outlined in the franchise agreement.
This type of protection is crucial for franchisees as it provides a secure environment to grow their business without the risk of internal market saturation.
