What is the monthly Technology Fund payment obligation for Healthsource Chiropractic franchisees?
Healthsource_Chiropractic Franchise · 2025 FDDAnswer from 2025 FDD Document
were 132 franchisees in operation at December 31, 2024.
NOTE M - REVENUE CONT'D:
Royalty Revenue
Royalty payment obligations payable by franchisees to Healt
Source: Item 23 — Receipts (FDD pages 77–282)
What This Means (2025 FDD)
According to Healthsource Chiropractic's 2025 Franchise Disclosure Document, franchisees are obligated to pay $199 per month for the Technology Fund. This fee is payable monthly and contributes to the costs associated with website and technology-related services.
This Technology Fund payment is a recurring monthly expense that franchisees must factor into their operating costs. It is important for prospective franchisees to understand that this fee is mandatory and contributes to the technology infrastructure supporting the Healthsource Chiropractic franchise system.
Franchisees should budget accordingly to ensure timely payment of this fee, as failure to do so could potentially lead to penalties or other consequences as outlined in the franchise agreement. Understanding the specific services and benefits provided by the Technology Fund is crucial for franchisees to assess the value and impact of this monthly payment on their business operations.