HealthSource

HealthSource are the largest primary care provider of Chiropractic and Wellness in the nation!

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HealthSource

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HealthSource Franchise Cost and Requirements for 2024

Background

HealthSource, America's Chiropractor? is the only franchise brand that operates in seven multi-billion dollar industries, offering patients a range of health services under one roof. At HealthSource, we offer more than just chiropractic adjustments. We have seven primary services that are aimed at meeting the unique health needs of all of our patients. These seven service categories create distinct revenue streams. The HealthSource model efficiently and profitably offers: Chiropractic care and adjustments, progressive rehab/active functional corrective rehab and supportive services, spinal decompression (next generation), high powered photobiomodulation, a Wellness Club that creates lifetime patients, and HealthSource brand of top-shelf nutrition and products. Our teams make sure patients get the personalized treatment plan they need so they can do what they love. The chiropractic industry has doubled in size over the last five years and is now an over $14 billion dollar profession. Today, Americans spend over $50B a year just on back pain! HealthSource is now the largest chiropractic and rehab-based franchise in the world, and it's HealthSource's great doctors, their teams, and the first-class corporate team that has made this growth possible.

Business Features:
1. Multiple Revenue Streams: Chiropractic care, Functional Rehab, Spinal Decompression, Photobiomodulation, Class IV laser, Branded Nutritional Supplements & Products, Wellness subscriptions & Sleep aid.
2. Strong Economics
3. Minimal Employee model: Two Chiropractic physicians & Front Desk person per clinic. For multiple clinics: Manager/Director of Operations. As more clinics are opened by the same owner within proximity of each other, there will be a diminished need for multiple chiropractors per clinic and the second chiropractor can be replaced with a rehab specialist. This will decrease the overhead.

Brand Differentiators and Competitive Advantages of our Product/Service: We are the only chiropractic model that offers many different revenue streams and modalities resulting in not only higher profit margins but also extremely satisfied patients. We have 99% client satisfaction ratings nationwide. Our clinics are also able to accept third party pay including Personal injury and Workers Compensation along with private pay for certain treatments and wellness care. They are the only franchised chiropractic brand that accepts insurance.

Company Details

Established: 1994
First Unit Franchised: 2006
Franchise Units Awarded: 187
Franchise Units Open: 132
Company Owned Units: 0
Registered in all States Except: HI, IL, IN, MD, MI, MN, NY, ND, VA, WA.
Canada Franchises: No
International Franchises: No

Support and Training Offered By HealthSource

Financial Assistance Provided: Yes
Site Selection Assistance: Yes
Lease Negotiation Assistance: Yes
Recruiting Assistance: Yes
Cooperative Advertising: Yes

Training:
Our cloud-based business management and communication platform enables our support team to communicate and provide resources in real time so our Franchise Owners can concentrate on building their business. Our support team assists with P&L's, cash flow management, local marketing, operations, strategic initiatives, digital materials, and legal matters.

2024 Franchise Requirements Needed to Own a HealthSource Franchise.

What does a HealthSource Franchise Cost?

HealthSource franchise fees for 2024:

Liquidity Required: $150,000
Total Investment: $310,145 to $534,719
Minimum Net Worth: $400,000
Royalty: 7%
Ad: 2%
Item 19: Yes
Location Size: 1,800 sq ft min
Average Number of Employees: 3
Visa Candidates: No
Passive Ownership: Yes
Home-Based: No
B2B: No
Master Franchise Opportunities: No
Veteran Discount: Yes, $5,000 off of the first license

Franchise Fee:
$60,000 - 1 unit
$110,000 - 2 units
$135,000 - 3 units
$180,000 - 4 units
$225,000 - 5 units
$240,000 - 6 units
$280,000 - 7 units
$320,000 - 8 units
$360,000 - 9 units
10+units: $35,000 apiece

Is HealthSource a Semi Absentee Franchise with a Passive Ownership Opportunity?

Yes. HealthSource is a semi absentee franchise and allows passive ownership. A semi-absentee franchise is a business you could start and run while still maintaining a job or other obligation.

Is HealthSource a Home Based franchise?

No. HealthSource is not a home based franchise opportunity.

What Do HealthSource Franchise Owners Make?

Click here to find out how much HealthSource franchisees make. HealthSource offers an Item 19 in their Franchise Disclosure Document which provides financial information about select franchisees in their franchise system.

Is HealthSource a Master Franchise Opportunity?

No. HealthSource is not a master franchise opportunity.

Does HealthSource Offer a Veteran Discount?

Yes. HealthSource franchise does offer a veteran discount.

Does HealthSource Work with E2 Visa and EB-5 Visa Candidates?

No. HealthSource franchise does not work with E2 Visa and EB-5 Visa candidates.

Is HealthSource Looking for Franchisees in Canada?

No. HealthSource franchise is not looking for Canada franchisees.

Is HealthSource Looking for International franchisees?

No. HealthSource franchise is not looking for International franchisees.

Where can I see HealthSource's FDD (Franchise Disclosure Document)?

Buying a Franchise Guide: What is a Franchise Disclosure Document?

When evaluating a franchise opportunity, reading and understanding the current version of their FDD is a necessity. Considering the benefits of franchising, such as established brand recognition and support from the franchisor, it's important to also take into account franchise fees and franchising royalty fees. Since most franchisors are privately owned companies, the current versions of their FDDs are typically not available unless requested directly from them.

Click here to connect with a Franchise Consultant who can help you obtain a copy quickly and for free. They can also guide you through the essential franchise questions to ask, ensuring you make a well-informed decision about your investment.

Additional Information

Additional Categories

Health, Beauty & Nutrition, Non Food Franchises

Number of Units Open

100+ UNITS

Cash Required

$100,000 - $250,000

Master Franchise

No

Passive Franchise

Yes

Home Based Franchise

No

Item 19 Franchise

Yes

Veteran Discount

No

B2B

No

Franchise Opportunities in Canada

No

International Franchise Opportunities

No

E2 Visa Franchise

No

HealthSource Franchises for Sale

Click Here to inquire about existing HealthSource franchises for sale. We may have HealthSource franchise resales. A franchise resale is an already established franchise owned by a franchisee and the franchisee is looking to sell their franchise.

The International Franchise Professionals Group (IFPG) is an internationally recognized membership-based franchise organization. IFPG Franchise Consultants guide aspiring business owners through the process of identifying and investing in franchise businesses. The IFPG represents more than 550 franchises. We do not represent all franchises listed here. By clicking on "Request a Consultation," you are agreeing to be contacted by one of our Certified Franchise Consultants to discuss franchise ownership.

About our rankings: The IFPG uses its internal data collected from our membership portal to identify which franchises had the most activity in the past week. This ranking system is not based on franchise sales, franchisee success rates or number of units open. Our ranking system should not be used to make a decision on which franchise to buy it was solely created for internal purposes and for our IFPG Members.