SoVita Chiropractic Center Investment

Investing in your own SoVita Chiropractic Center



The initial franchise fee is $12,500 to $25,000 depending on whether you are starting a SOVITA CHIROPRACTIC CENTER from the ground up or converting your current operation to our network. Depending on your current location and/or infrastructure, the total fees to launch a SOVITA CHIROPRACTIC CENTER franchise range from $61,500 to $234,000. See the FDD Item 7 below to outline the items included in your estimated initial investment.

View the FDD Item 7

View the FDD Item 5



FDD Item 7


Your Estimated Initial Investment
Type of Expenditure Amount Method of Payment When Due To Whom Payment
Is To Be Made
Initial Franchise Fee* $12,500 to $25,000 Lump Sum Upon Effective Date
of Franchise Agreement
SoVita Chiropractic Center
Utility, Lease and
Security Deposits
$0 to $3,000 As Incurred As Incurred Third Parties
Leasehold Improvements $0 to $50,000 As Incurred As Incurred Third Parties
Signage $500 to $2,000 As Incurred As Incurred Third Parties
Furniture and Fixtures $0 to $1,500 As Incurred As Incurred Third Parties
Equipment $0 to $45,000 As Incurred As Incurred Third Parties
Office Equipment, Computers,
Office Supplies
$3,000 to $8,500 As Incurred As Incurred Third Parties
Business Software $3,000 to $3,500 As Incurred As Incurred Third Parties
Professional Fees $0 to $500 As Incurred As Incurred Third Parties
Initial Inventory $25,000 to $35,000 As Incurred As Incurred Third Parties
Business Insurance $3,000 As Incurred As Incurred Third Parties
Training Expenses $7,000 to $8,000 As Incurred As Incurred Third Parties
Grand Opening Marketing $0 to $5,000 As Incurred As Incurred Third Parties
Rent (3 months) $7,500 to $14,000 Lump Sum Monthly Third Parties
Additional Funds (6 months) $0 to $30,000 As Incurred As Incurred Third Parties
Total Estimated Initial Investment $61,500 to $234,000


The low end for each of these categories is for a franchisee who is converting an existing chiropractic practice to a SOVITA CHIROPRACTIC CENTER™ and assumes these items are already acquired or are already expenses being incurred.

* Per FDD Item 5, the initial franchisee fee is $25,000. However, the amount of this fee is reduced to the following amounts under the following circumstances:

FDD Item 5


Amount Reduced Reason
$12,500 You are converting an existing center that has been in
operation for at least 1 full year and had revenues of at least
$100,000 during the immediately preceding 12-month period.
$12,500 You graduated as a D.C. from an accredited chiropractic
school within 36 months preceding the date of the Franchise Agreement.
$16,667 You are an existing SOVITA Chiropractic Center™ franchisee.

Disclaimer

 

This information is not intended as an offer to sell, or the solicitation of an offer to buy, a franchise. It is for information purposes only. If you are a resident of a U.S. state or a country that regulates the offer and sale of franchises, are receiving this message in one of those states or countries, or intend to operate a franchise in any of those states or countries, we will not offer you a franchise unless and until we have complied with any applicable pre-sale registration and/or disclosure requirements in the applicable jurisdiction.

 

This website and the franchise sales information is not an offering of a franchise. In New York (USA), an offering of a franchise can only be made by a prospectus that has been previously filed and registered with the Department of Law of the State of New York. The application for registration of an offering prospectus or the acceptance and filing thereof by the Department of Law as required by the New York law does not constitute approval of the offering or the sale of such franchise by the Department of Law or the attorney general of New York.

 

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