What is the deadline for a Healthsource Chiropractic franchisee to sign a Service Agreement?

The 2025 Healthsource Chiropractic Franchise Disclosure Document states that if a prospective franchisee submits an Acknowledgment form along with a deposit, the deposit is considered earned by Healthsource Chiropractic for several reasons, including processing the application and reserving a protected territory. However, if the Franchise Agreement is not signed, or the remaining portion of the Initial Franchise Fee is not paid by the Deadline Date, the prospective franchisee will not have the right to operate a Healthsource Chiropractic franchise in the Protected Territory. Healthsource Chiropractic then has the right to grant the territory to another person or entity.

This means that there is a specific "Deadline Date" by which the Franchise Agreement must be signed and the Initial Franchise Fee must be paid in full. Failing to meet this deadline results in the loss of rights to the protected territory and the potential for Healthsource Chiropractic to award it to someone else. This deadline is crucial for prospective franchisees to be aware of and adhere to.

While the FDD excerpt specifies the consequences of missing the deadline, it does not explicitly define how the "Deadline Date" is determined or communicated to the prospective franchisee. It is essential for potential Healthsource Chiropractic franchisees to clarify this deadline with the franchisor during the application process to avoid any misunderstandings or loss of opportunity.