What is the name of the affiliate of Healthsource Chiropractic that receives net revenues from the HS Masterminds program?
Healthsource_Chiropractic Franchise · 2025 FDDAnswer from 2025 FDD Document
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 the 2025 Healthsource Chiropractic Franchise Disclosure Document, Octalean, an affiliate of Healthsource Chiropractic, receives net revenues from the voluntary HS Masterminds program, which is used by some Healthsource Chiropractic franchises. In fiscal year 2024, Octalean's revenues from the sale of services to Healthsource Chiropractic franchisees totaled $245,418.
This arrangement means that a portion of the revenue generated by Healthsource Chiropractic franchisees through the HS Masterminds program goes to Octalean. While the program is described as voluntary, franchisees should consider the potential benefits of participating in the HS Masterminds program, as well as the costs, to determine if it is a worthwhile investment for their specific business needs.
Prospective franchisees should inquire about the specifics of the HS Masterminds program, including its structure, content, cost, and the potential return on investment. Understanding the relationship between Healthsource Chiropractic, Octalean, and the franchisees regarding this program is crucial for making an informed decision.