What is the developer applying for the right to do with Healthsource Chiropractic Clinics within the Site Selection Area?
Healthsource_Chiropractic Franchise · 2025 FDDAnswer from 2025 FDD Document
te 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").
- E. Developer recognizes the benefits from receiving the right to operate a Clinic utilizing the System and desires to: (i) become a multi-unit operator subject to the terms of this Agreement; and (ii) receive the benefits provided by Franchisor under this Agreement.
- F. Developer has applied for the right to open and operate a certain number of Clinics within the Site Selection Area as set forth in this Agreement (each, a "Clinic"), and Franchisor has approved such application in reliance on Developer's representations made therein.
- G. Developer hereby acknowledges that adherence to the terms of this Agreement, including Franchisor's operations manual and other System standards and specifications, are essential to the operation of all Clinics and the System as a whole.
NOW, THEREFORE, for valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the parties agree as follows:
AGREEMENT
- Site Selection Area; Development Schedule and Obligations.
Source: Item 23 — Receipts (FDD pages 77–282)
What This Means (2025 FDD)
According to Healthsource Chiropractic's 2025 Franchise Disclosure Document, a developer is applying for the right to open and operate a certain number of Healthsource Chiropractic Clinics within a specific Site Selection Area. Healthsource Chiropractic grants the developer the right, and the developer undertakes the obligation, to develop and establish clinics within this area. This is under the condition that the developer strictly adheres to a mandatory development schedule.
The agreement specifies that the developer does not have exclusive territorial rights within the Site Selection Area. This means that Healthsource Chiropractic could potentially grant additional franchises or operate company-owned clinics within the same area. The developer must also adhere to Healthsource Chiropractic's operations manual and system standards.
To secure these development rights, the developer must pay Healthsource Chiropractic a development fee. The specific amount of this fee is detailed in the agreement. The number of clinics the developer is obligated to open and the timeline for opening them are outlined in a Development Schedule attached to the agreement. This schedule dictates the pace at which the developer must establish the Healthsource Chiropractic clinics within the designated area.