What is the cure period for non-monetary defaults under the Healthsource Chiropractic franchise agreement?
Healthsource_Chiropractic Franchise · 2025 FDDAnswer from 2025 FDD Document
otherwise engage in any dishonest, unethical, or other conduct that is reasonably likely to reflect materially and unfavorably on the goodwill or reputation of your Franchised Business, the Marks or the System;
- g. you or any of your employees violate any health or safety law, ordinance or regulation, or operate the Franchise in a manner that presents a health or safety hazard to your customers or the public;
- h. you do not pay when due any monies owed to us or our affiliates, and do not make such payment within ten (10) days after written notice is given to you (unless a longer cure period is otherwise required by applicable law, in which case such longer period shall apply);
- i.
Source: Item 23 — Receipts (FDD pages 77–282)
What This Means (2025 FDD)
According to the 2025 Healthsource Chiropractic Franchise Disclosure Document, a franchisee typically has 30 days to correct a failure to comply with the franchise agreement after receiving written notice. This 30-day cure period applies to breaches of the agreement, other agreements with Healthsource Chiropractic, or any mandatory specification, program, standard, or operating procedure. However, if applicable law requires a longer cure period, that longer period will supersede the 30-day requirement.
There is an exception to the 30-day cure period. If a Healthsource Chiropractic franchisee fails to pay monies owed to Healthsource Chiropractic or its affiliates, the franchisee has ten days after written notice to make the payment. However, if applicable law requires a longer cure period, that longer period will supersede the 10-day requirement.
It is important for a prospective Healthsource Chiropractic franchisee to understand the specific conditions that constitute a default and the corresponding cure periods, as failure to cure a default within the specified timeframe can lead to termination of the franchise agreement. Franchisees should also be aware of any state laws that may provide for longer cure periods than those specified in the franchise agreement, as these laws would take precedence.