What was the total amount spent on royalties paid by Healthsource Chiropractic in 2024?
Healthsource_Chiropractic Franchise · 2025 FDDAnswer from 2025 FDD Document
NOTE M - REVENUE CONT'D:
Royalty Revenue
Royalty payment obligations payable by franchisees to HealthSource Chiropractic, LLC. are computed at seven percent (7%) of sales. Royalty fees are payable monthly.
Source: Item 23 — Receipts (FDD pages 77–282)
What This Means (2025 FDD)
The 2025 Healthsource Chiropractic Franchise Disclosure Document does not explicitly state the total amount of royalty fees paid to Healthsource Chiropractic in 2024. However, it does state how royalty payments are calculated.
According to Note M - Revenue, franchisees are obligated to pay Healthsource Chiropractic royalty fees calculated as seven percent (7%) of their sales, payable monthly.
To determine the total royalties paid in 2024, a prospective franchisee would need to ask Healthsource Chiropractic for the system-wide sales figures for all franchisees during that year. Multiplying the total system-wide sales by 7% would provide the aggregate royalty payments received by Healthsource Chiropractic.