What was the total technology fee revenue for Healthsource Chiropractic in 2023?
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)
Based on the 2025 Healthsource Chiropractic Franchise Disclosure Document, the technology fund payment obligations payable by franchisees are computed at $199 per month. These fees are payable monthly.
To calculate the total technology fee revenue for Healthsource Chiropractic in 2023, we would need to know the number of franchisees that were paying this fee each month. This information is not provided in the excerpt.
A prospective franchisee should ask Healthsource Chiropractic for the total technology fund revenue collected in 2023. This will provide a clearer picture of the revenue stream generated from this particular fee and its potential impact on the franchisor's overall financial performance.