If a Healthsource Chiropractic franchisee enters into a Development Agreement, what must be provided?
Healthsource_Chiropractic Franchise · 2025 FDDAnswer from 2025 FDD Document
If you enter into a Development Agreement, provide a Development Schedule and assign a Site Selection Area for all Clinics that will be developed. The size of the Site Selection Area will likely vary among new prospects and developers, with the size of your Site Selection Area typically depending on the demographics of the area in and around the region you wish to develop.
We typically identify your initial Site Selection Area, early during the franchise due diligence and offer process, based on where you tell us you wish to operate, and the agreed-to geographic description is inserted into your Development Agreement before you sign it. The Site
Selection Area may not be modified at any time during the term of the Development Agreement unless the parties mutually agree to the modification in a separate signed writing.
Once you have secured a Premises for a given Clinic to be developed per your Development Agreement, we will grant you a Protected Area around that Clinic as described above. Once you have signed a lease for the last clinic in your development agreement, you will cease to have the rights to the Site Selection Area, and are only entitled to the protected territory granted to each individual clinic
Development Schedule
Your Development Schedule will depend on the number of units you acquire the rights to develop in your Development Agreement. If you enter into an agreement granting you the rights to develop three units, your Development Schedule will be as follows:
Source: Item 12 — Territory (FDD pages 44–47)
What This Means (2025 FDD)
According to Healthsource Chiropractic's 2025 Franchise Disclosure Document, if a franchisee enters into a Development Agreement, Healthsource Chiropractic requires the franchisee to provide a Development Schedule and assign a Site Selection Area for all Clinics that will be developed. The size of the Site Selection Area will likely vary among new prospects and developers, with the size of your Site Selection Area typically depending on the demographics of the area in and around the region you wish to develop.
Healthsource Chiropractic typically identifies the initial Site Selection Area early during the franchise due diligence and offer process, based on where the franchisee indicates they wish to operate. The agreed-to geographic description is then inserted into the Development Agreement before it is signed. This Site Selection Area cannot be modified at any time during the term of the Development Agreement unless both parties mutually agree to the modification in a separate signed writing.
Once the franchisee has secured a premises for a given Clinic to be developed per the Development Agreement, Healthsource Chiropractic will grant a Protected Area around that Clinic. Upon signing a lease for the last clinic in the development agreement, the franchisee will no longer have rights to the Site Selection Area, and will only be entitled to the protected territory granted to each individual clinic. The Development Schedule will depend on the number of units the franchisee acquires the rights to develop in the Development Agreement. For example, if the agreement grants the franchisee the rights to develop three units, a specific Development Schedule will be in place.