What is the initial startup and data conversion fee for Healthsource Chiropractic franchisees?
Healthsource_Chiropractic Franchise · 2025 FDDAnswer from 2025 FDD Document
"Initial Franchise Fee") set forth below when you sign this Agreement. In recognition of the expenses we incur in furnishing assistance and services to you, you agree that
we will have fully earned the Initial Franchise Fee, and that is due and non-refundable when you sign this Agreement.
- a. If the Franchise you are purchasing is a Start-up Clinic, then your Initial Franchise Fee is $60,000.00. Notwithstanding the previous sentence, if Exhibit 1 states that you are signing this Agreement pursuant to your purchase of a development agreement, then your Development Fee paid pursuant thereto shall be in full satisfaction of this Agreement.
- b. If the Franchise you are purchasing is a Conversion Clinic, then your Initial Franchise Fee is $60,000.00. Notwithstanding the previous sentence, if Exhibit 1 states tha
Source: Item 23 — Receipts (FDD pages 77–282)
What This Means (2025 FDD)
Based on the 2025 Healthsource Chiropractic Franchise Disclosure Document, the initial franchise fee for both a Start-up Clinic and a Conversion Clinic is $60,000. However, if the franchisee is signing the agreement pursuant to purchasing a development agreement, the Development Fee paid will satisfy the initial franchise fee. Any deposits previously paid by the franchisee will be credited against the initial franchise fee due.
There is no mention of a separate "data conversion fee" for Healthsource Chiropractic franchisees in the provided excerpts. However, the document does mention a monthly Technology Fund fee of $199, which covers website and technology-related services.
Prospective franchisees should clarify with Healthsource Chiropractic whether any additional fees are associated with converting existing patient data to the Healthsource Chiropractic system. Understanding the full scope of initial and ongoing fees is crucial for assessing the financial viability of the franchise.