Is Healthsource Chiropractic currently an approved supplier for any product, service, or equipment?
Healthsource_Chiropractic Franchise · 2025 FDDAnswer from 2025 FDD Document
urchase or lease certain other categories of products, services, and equipment.
We are currently not an approved supplier for any other product, service, or equipment.
Our Involvement with Suppliers
We and our affiliates and designees reserve the right to receive revenue or other material consideration from suppliers in consideration for other goods or services that we require or advise you to obtain from approved suppliers. We anticipate that any revenue or other consideration received would probably include promotional allowances, rebates, volume discounts, and other payments, and which range from zero to 50 percent of the amount of the goods or services you purchase from the supplier. In fiscal year 2024, our revenue totaled $6,893,645. Of this total, $335,649 or 4.9% of our total revenue, was derived from franchise purchases or leases, including but not limited to purchases of services provided by HealthSource Chiropractic, as well as products and services purchased from third party suppliers that pay us a rebate and other payments for franchise purchases. These figures do not include the revenues received by our affiliate, Octalean (which receives net revenues from the voluntary HS Masterminds program used by some HealthSource Chiropractic franchises). Our affiliate, Octalean, obtained revenues from the sale of services to HealthSource Chiropractic franchisees in the amount of $245,418 in the 2024 fiscal year. We expect that at least some of these arrangements will generally allow us to obtain di
Source: Item 8 — Restrictions on Sources of Products and Services (FDD pages 28–32)
What This Means (2025 FDD)
According to Healthsource Chiropractic's 2025 Franchise Disclosure Document, Healthsource Chiropractic states that they are currently not an approved supplier for any product, service, or equipment. However, Healthsource Chiropractic may designate themselves or their affiliates as an approved or exclusive supplier in the future, from which franchisees may be required to lease or purchase certain products or services. In these instances, Healthsource Chiropractic and its affiliates may derive revenue from these sales, potentially at prices exceeding their costs.
Healthsource Chiropractic franchisees are required to use HSWorx, or another designated supplier, for customer management, accounting, and billing software. Franchisees must also enroll in and maintain human resources and payroll services provided by Paychex, Inc. Additionally, franchisees are required to use a designated supplier for site selection assistance and construction project management.
Healthsource Chiropractic has established standards and specifications for clinic leasehold improvements, equipment, materials, and authorized products for sale. Franchisees must purchase products in designated quantities, use prescribed formats and containers, and acquire all products, services, and materials only from approved distributors and suppliers. Healthsource Chiropractic may approve a single supplier for any product or service and may concentrate purchases with one or more suppliers to obtain lower prices or better support. Approval of a supplier may be conditional and temporary, pending continued evaluation.