What was Healthsource Chiropractic's total revenue in fiscal year 2024?
Healthsource_Chiropractic Franchise · 2025 FDDAnswer from 2025 FDD Document
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 Health
Source: Item 8 — Restrictions on Sources of Products and Services (FDD pages 28–32)
What This Means (2025 FDD)
According to Healthsource Chiropractic's 2025 Franchise Disclosure Document, the company's total revenue for the fiscal year 2024 was $6,893,645. A portion of this revenue, specifically $335,649, which accounts for 4.9% of the total, was derived from franchise-related purchases or leases. These include services provided by HealthSource Chiropractic, as well as products and services franchisees purchased from third-party suppliers that provide rebates and other payments to HealthSource Chiropractic.
It is important to note that these figures do not include revenues received by HealthSource Chiropractic's affiliate, Octalean. Octalean's revenue from services sold to HealthSource Chiropractic franchisees amounted to $245,418 during the same fiscal year. This revenue stream comes from the voluntary HS Masterminds program used by some HealthSource Chiropractic franchises.
For a prospective franchisee, this information provides insight into the financial structure of HealthSource Chiropractic and its revenue streams. It highlights the importance of understanding the relationships between HealthSource Chiropractic, its affiliates, and its approved suppliers. The rebate arrangements with suppliers could influence the overall cost structure for franchisees, as HealthSource Chiropractic anticipates passing on at least a portion of the savings from these arrangements.