How Much Does A Franchise Cost?
When opening a HealthSource franchise, costs include the franchise license, startup, and operational costs. While this equates to a significant investment in time and capital, HealthSource Chiropractic’s tested business model continues to deliver superior results for independent owners.
A health franchise’s cost depends on whether you plan to start up a completely new clinic or you’re converting an existing practice. While the initial investment for a franchise varies, either choice is an affordable, scalable franchise opportunity.
The Initial Franchise Fee
Opening a HealthSource Chiropractic clinic begins with an initial franchise fee of $60,000*. This fee grants you access to the HealthSource Chiropractic name, brand assets, and network.
The initial fee includes our comprehensive training and ongoing support, ensuring you receive the necessary guidance and resources to open and operate your business.
Startup support includes, but is not limited to:
- Site selection and lease negotiation.
- Operational training.
- Marketing support.
- Access to proprietary software and systems.
- And more.
Projected Startup Costs
The estimated startup costs for an independent HealthSource Chiropractic practice fall between $87,000 and $402,659*. These costs encompass everything needed to establish and launch a clinic with HealthSource Chiropractic except the initial franchise fee and early operational costs. More information about fees, discounts, and financing are available at our FAQ page and covered in greater depth in our Franchise Disclosure Document (FDD).
Ongoing Operational Expenses
It’s important for new HealthSource Chiropractic owners to consider the operational costs required to sustain their clinic in the first few months after opening. These estimated operational costs, ranging from $31,078 to $139,188*, encompass the working capital needed to cover ongoing expenses during the early stages of the business.
This includes items such as:
- Employee salaries
- Rent and utilities
- Marketing and advertising
- Inventory replenishment
- Insurance, and day-to-day operational expenses
Successful, thriving clinics begin by allocating sufficient working capital, which helps ensure effective, smooth operations as they establish their presence in the local healthcare market.
A HealthSource Chiropractic franchise specialist can provide additional information to assist with budgeting for these operational costs.
Converting an Independent Practice to the HealthSource Chiropractic Brand
If you currently own a chiropractic practice, you can bring your location, staff, and patients with you when you transition your practice to a HealthSource Chiropractic office.
It costs substantially less to convert an existing clinic to a HealthSource Chiropractic clinic than to build a new clinic from the ground up. The cost to convert an existing practice can range from $118,078 to $327,947* total. These funds are dedicated to:
- Remodeling and renovations
- Purchase and installation of the latest innovations in technology
- Implementation of HealthSource Chiropractic’s proprietary software and systems
This estimated initial investment transforms your chiropractic clinic into a HealthSource Chiropractic-branded facility, ensuring a consistent and professional patient environment.
Once you’ve completed these clinic upgrades, you’ll notice how our operational requirements streamline administrative tasks, enhance efficiency, and improve profitability.
Take the Next Step in Your Chiropractic Practice
Take the next step for your HealthSource Chiropractic franchise journey. Request more information (below) and our franchise team will provide a complimentary copy of our Franchise Information Report, which contains more details about becoming a HealthSource Chiropractic clinic.
*As shown on our 2024 FDD.
