Franchise Deep Dive: NuSpine Chiropractic Franchise Costs, Fees, Profit and Data
NuSpine Chiropractic is a rapidly growing wellness franchise, offering a streamlined, inventory-free business model in the high-demand chiropractic care industry.
LAST UPDATED: September 2024
FRANCHISE WEBSITE: https://www.nuspinefranchise.com/
NUMBER OF LOCATIONS: 32
REPORTED COST TO GET IN: $175,450 - $550,250
REPORTED ROI (Item 19): N/A
NuSpine Chiropractic is a leader in the chiropractic and wellness space, offering a unique approach to proactive health care. With a focus on simplicity, recurring revenue through a membership model and efficient operations, NuSpine capitalizes on the rising demand for preventative health care and chiropractic services.
How Many NuSpine Chiropractic Locations Are There?
Dr. Todd Hedlund founded NuSpine Chiropractic in 2013. After opening nearly 23 successful chiropractic clinics over his 33-year career in the industry, he implemented his chiropractic expertise and knowledge to launch the NuSpine Experience.
Following the COVID-19 pandemic, the brand experienced a surge in popularity. Today, there are 32 NuSpine Chiropractic locations open, with over 200 franchise licenses sold and in development.
What Is NuSpine Chiropractic’s Business Model?
NuSpine Chiropractic operates on a simple, user-friendly business model that is inventory-free and supply-chain independent. The franchise uses a recurring revenue model, where clients subscribe to monthly memberships, ensuring a stable and predictable income stream for franchisees. With no need for extensive inventory or supply chain management, franchisees can focus on providing care and maintaining efficient operations. The business is designed to be easily managed with just two staff members, making it an accessible option for those new to the healthcare industry.
How Much Can NuSpine Chiropractic Franchise Owners Make?
NuSpine Chiropractic does not publicly disclose specific earnings for franchise owners.
How Much Does It Cost to Open a NuSpine Chiropractic Franchise?
The initial investment required to open a NuSpine Chiropractic franchise ranges from $175,450 to $550,250. This includes the franchise fee, equipment, training and other startup costs.
What Is the Franchise Fee for NuSpine Chiropractic?
The initial franchise fee for NuSpine Chiropractic is $49,000 for the first license, with a discounted fee of $40,000 for each additional license. The franchise also requires a 7% royalty fee on gross sales and a 1% brand fund contribution. Franchisees are also responsible for a technology fee of $549.
Who’s On NuSpine Chiropractic’s Leadership Team?
What Helpful Articles Can I Read to Learn More About NuSpine Chiropractic?
- NuSpine Chiropractic Reaches Record Number of New Franchises and Remains Poised for Continued Growth
- NuSpine Chiropractic Franchise to Announce Spine-Tingling Growth at the 2023 Multi-Unit Franchising Conference at the new Caesars Forum in Las Vegas, Nevada
Want to learn more about franchise opportunities on 1851 Franchise? Be sure to visit our Power Rankings to read more on brands making moves.
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