What is the Healthsource Chiropractic 'Additional Clinic' as defined in the development agreement?
Healthsource_Chiropractic Franchise · 2025 FDDAnswer 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 Franchise Disclosure Document, the document does not specifically define "Additional Clinic" within the context of a development agreement. However, it does provide context for understanding how Healthsource Chiropractic awards franchises for multiple clinics.
The FDD states that Healthsource Chiropractic grants qualified third parties the right to develop a certain number of Clinics within a defined site selection area. The developer must strictly adhere to the terms of the development agreement. Each clinic within the site selection area must be opened and operated using Healthsource Chiropractic's marks and system, following the terms and conditions of the then-current franchise agreement.
Therefore, while the term "Additional Clinic" is not explicitly defined, it can be inferred that it refers to any subsequent Healthsource Chiropractic clinic developed within the site selection area outlined in the development agreement, beyond the initial franchise. A prospective franchisee should seek clarification from Healthsource Chiropractic regarding the specific terms and conditions applicable to developing additional clinics under a development agreement.