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2021 Franchise 500 Rank
N/R Not ranked last year
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Initial investment
$59K - $383K
Units as of 2019
172 -47.4% over 3 years

Company Overview

After retiring from his chiropractic practice at the age of 37, Dr. Chris Tomshack went on to open three more successful practices, basing his business systems on his study of other industries. He decided to share those systems with other entrepreneurs through franchising, and launched the HealthSource Chiropractic and Progressive Rehab franchise program in 2006.

About HealthSource Chiropractic

Industry
Health
Founded
1998
Leadership
Christopher Tomshack, CEO

Franchising Overview

Franchising Since
2006 (15 years)
# of employees at HQ
26
Where seeking

This company is seeking new franchisees throughout the US.

This company is seeking new franchisees worldwide.

# of Units
172 (as of 2019)

Franchisor Information

Corporate Address
36901 American Wy., #7
Avon, OH 44011

Information for Franchisees

Here’s what you need to know if you’re interested in opening a HealthSource Chiropractic franchise.

Financial Requirements & Ongoing Fees

Here’s what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.

Initial Franchise Fee
$30,000 - $45,000
Initial Investment
$58,516 - $383,327
Cash Requirement
$100,000 - $1,000,000
Veteran Incentives
10% off franchise fee
Royalty Fee
7%/9%
Ad Royalty Fee
2%
Term of Agreement
5 or 10 years
Is franchise term renewable?
Yes

Financing Options

Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.

Third Party Financing
HealthSource Chiropractic has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll

Training & Support Offered

Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.

On-The-Job Training
200 hours
Classroom Training
60 hours
Additional Training
Online training
Ongoing Support
Purchasing Co-ops
Newsletter
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Security & Safety Procedures
Lease Negotiation
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform
Marketing Support
Co-op Advertising
Ad Templates
National Media
Regional Advertising
Social Media
SEO
Website Development
Email Marketing
Loyalty Program/App

Operations

Additional details about running this franchise.

Is absentee ownership allowed?
No
Can this franchise be run from home/mobile unit?
No
Can this franchise be run part time?
No
# of employees required to run
3
Are exclusive territories available?
Yes

Franchise 500 Ranking History

Compare where HealthSource Chiropractic landed on this year’s Franchise 500 Ranking versus previous years.

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Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise by Entrepreneur Media. Our franchise listings and rankings are solely research tools you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise. That should include reviewing the franchisor's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees.
Updated: February 8th, 2021