factual

What is the area defined as the 'Site Selection Area' in the Healthsource Chiropractic Development Agreement?

Healthsource_Chiropractic Franchise · 2025 FDD

Answer from 2025 FDD Document

  • D.

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").

  • 3.1 Site Selection Area; Site Approval; Lease or Purchase of Premises.
  • You will use your best efforts to seek and select a proposed site for the Premises. The Premises must be location within the Site Selection Area identified in Exhibit 1. The Site

Selection Area is non-exclusive and you have no territorial rights to it.

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

What This Means (2025 FDD)

According to the 2025 Healthsource Chiropractic Franchise Agreement, the Site Selection Area is a defined area where the developer has the right to develop a certain number of clinics. The Site Selection Area is defined by geographic boundaries and may be detailed in an attached map.

The agreement specifies that the developer must strictly adhere to the terms of the Development Agreement when opening and operating clinics within the Site Selection Area. Each clinic must operate using Healthsource Chiropractic's Marks and System, as outlined in the then-current form of the franchise agreement.

Prospective franchisees should carefully review Exhibit 1 of the franchise agreement to fully understand the geographic boundaries of their Site Selection Area. It is also important to note that the Site Selection Area is non-exclusive, and the franchisee has no territorial rights to it.

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.