Curious if you have what it takes to become a NuSpine Chiropractic Franchise Partner? "We've done the math for you!"
FRANCHISE FEES
$49,000 for the first license
$40,000 for each subsequent license
INITIAL INVESTMENT
$175,450 - $550,250
ONGOING FEES
Royalty Fee: 7%
Brand Fund Contribution: 1%
Technology Fee: $549
FINANCIAL REQUIREMENTS
Net Worth $300,000
Liquid Capital $100,000
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WHAT ARE WE LOOKING FOR IN A FRANCHISE PARTNER?
Passion! We’re looking for motivated individuals who are entrepreneurially minded, have sufficient capital to invest, and who take a genuine, hands-on interest in their business to satisfy their clients and staff.
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HOW MUCH EQUITY (CASH) IS REQUIRED?
You will need approximately $100,000 cash and $300,000 net worth.
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AS AN INVESTOR, DO I ALSO HAVE TO OPERATE THE CLINIC?
NuSpine’s policy allows for the appointment of an operations manager; however, it is essential that one of the partners provides leadership and takes responsibility for the day-to-day operation of the clinic.
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WHAT IS THE COST OF A NUSPINE FRANCHISE?
The cost of a franchise ranges from $175,450 to $550,250. Certain factors such as local labor, material costs, legal requirements, the condition of the space to be leased, and the landlord’s contribution to leasehold improvements will determine the final cost.
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WHAT IS THE FRANCHISE FEE?
The initial franchise fee is $49,000. Discounts for multiple franchise licenses purchased*
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HOW MUCH IS THE ROYALTY FEE AND WHAT DO OWNERS RECEIVE IN RETURN?
The royalty fee is 7% of gross sales paid weekly. Owners benefit from ongoing services such as:
- Training and support
- The use of the NuSpine Chiropractic logos and trademarks
- The use of all confidential operational manuals
- Centralized suppliers and distribution
- Continuous support and operational guidance
- Research, development, and quality control
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WHAT IS THE ADVERTISING CONTRIBUTION?
The advertising contribution is 1% of gross sales paid weekly.
As an investor, do I also have to operate the clinic?
NuSpine’s policy is that one of the partners with at least 10% equity participation completes our training program and is responsible for the day-to-day operation of the clinic.
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DO I RECEIVE ANY TRAINING?
Absolutely! To ensure that our franchise partners learn the skills to successfully operate their business, we provide:
- 30 hours of computer-based training
- 3 days of in-person opening training and assistance
- Continuous training throughout your NuSpine journey
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HOW LONG DOES IT TAKE TO OPEN MY CLINIC?
It can take approximately 90 to 240 days to get ready to serve clients once a qualified location is secured.
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DO YOU HAVE TO BE A CHIROPRACTOR OR MEDICAL PROFESSIONAL IN ORDER TO OWN A NUSPINE FRANCHISE?
No, you do not have to be a chiropractor or have experience in the medical industry. Our systems and support resources empower our franchisees to own and operate licensed, successful, and industry compliant chiropractic clinics
*Offer varies by location - see individual location for exact offer. Valid for local resident new patients only. The initial visit includes consultation, exam, and adjustment. NC: IF YOU DECIDE TO PURCHASE ADDITIONAL TREATMENT, YOU HAVE THE LEGAL RIGHT TO CHANGE YOUR MIND WITHIN THREE DAYS AND RECEIVE A REFUND. (N.C. Gen. Stat. 90-154.1). FL & KY: THE PATIENT AND ANY OTHER PERSON RESPONSIBLE FOR PAYMENT HAVE THE RIGHT TO REFUSE TO PAY, CANCEL (RESCIND) PAYMENT, OR BE REIMBURSED FOR ANY OTHER SERVICE, EXAMINATION, OR TREATMENT THAT IS PERFORMED AS A RESULT OF AND WITHIN 72 HOURS OF RESPONDING TO THE ADVERTISEMENT FOR THE FREE, DISCOUNTED OR REDUCED FEE SERVICES, EXAMINATION OR TREATMENT. (FLA. STAT. 456.02) (201 KAR 21:065). Subject to additional state statutes and regulations. See clinic for chiropractor(s)' name and license info. Clinics managed and/or owned by franchisee or Prof. Corps. Restrictions may apply to Medicare-eligible patients. Individual results may vary