What was the range of gross revenues for Healthsource Chiropractic units in 2023?
Healthsource_Chiropractic Franchise · 2025 FDDAnswer from 2025 FDD Document
| Year | Average (mean) Gross Revenues | Median Gross Revenues | Number of Units Meeting or Exceeding Average | Percent of Units Meeting or Exceeding Average | Gross Revenues Range |
|---|---|---|---|---|---|
| 2024 | $ 571,990 | $ 490,766 | 49 | 43.4% | $57,935 $1,648,703 |
| 2023 | $ 527,119 | $ 449,266 | 45 | 39.8% | $82,322- $1,636,167 |
Source: Item 19 — (FDD pages 64–71)
What This Means (2025 FDD)
According to Healthsource Chiropractic's 2025 Franchise Disclosure Document, the gross revenues range for Healthsource Chiropractic clinics in 2023 was between $82,322 and $1,636,167. The average gross revenue for that year was $527,119, while the median gross revenue was $449,266.
It is important to note that these figures are based on data from qualifying units, which are defined as clinics that were open and reported revenues and patient statistics through the HSWorx billing software for the entire 2024 fiscal year. This excludes clinics that opened mid-year, whose terms expired, or that ceased operations. In 2023, 39.8% of units (45 out of the total) met or exceeded the average gross revenues.
A prospective franchisee should consider that these numbers represent past performance and that individual results may vary. Healthsource Chiropractic states explicitly that there is no assurance that a new franchisee will earn as much as existing clinics. The financial performance of a Healthsource Chiropractic franchise can be influenced by factors such as location, competition, management skills, and local economic conditions.
While the FDD provides an overview of potential financial performance, it is crucial for potential franchisees to conduct their own due diligence and possibly consult with financial advisors to assess the viability of the franchise opportunity. Understanding the factors that contribute to the success of existing Healthsource Chiropractic clinics can help a franchisee develop a sound business plan and manage their operations effectively.