factual

Does Healthsource Chiropractic acknowledge that franchise agreements with other franchisees may have substantially different terms?

Healthsource_Chiropractic Franchise · 2025 FDD

Answer from 2025 FDD Document

Franchisor grants qualified third parties the right to develop a certain number of Clinics within a defined site selection area (the "Site Selection Area") in accordance with the terms of this Agreement to which Developer must be strictly adhere, with each Clinic within the Site Selection Area being opened and operating utilizing the Marks and System pursuant to the terms and conditions set forth in a separate form of Franchisor's then-current form of franchise agreement (each, a "Franchise Agreement").

Source: Item 23 — Receipts (FDD pages 77–282)

What This Means (2025 FDD)

According to the 2025 Healthsource Chiropractic FDD, the franchise agreement granted to a developer for multiple clinics within a specific area will have different terms and conditions than a standard franchise agreement. Specifically, Healthsource Chiropractic grants qualified third parties the right to develop a certain number of clinics within a defined site selection area. Each clinic within the Site Selection Area being opened and operating utilizing the Marks and System pursuant to the terms and conditions set forth in a separate form of Healthsource Chiropractic's then-current form of franchise agreement.

This indicates that Healthsource Chiropractic uses different franchise agreements depending on the type of franchisee. A prospective franchisee should understand that the terms and conditions in their franchise agreement may differ from those offered to other franchisees, particularly developers. This could affect various aspects of the franchise, such as fees, development schedules, and operational requirements.

It is important for potential Healthsource Chiropractic franchisees to carefully review the specific terms of their franchise agreement and understand how they differ from standard agreements. They should also inquire about the reasons for any differences and how those differences might impact their business. Consulting with a franchise attorney is advisable to fully understand the implications of these varying terms.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.