Does Healthsource Chiropractic include a balance sheet as of December 31, 2023?

According to Healthsource Chiropractic's 2025 Franchise Disclosure Document, the financial statements attached as Exhibit G include audited balance sheets as of December 31, 2024, December 31, 2023, and December 31, 2022. These balance sheets are accompanied by related statements of income, retained earnings, and cash flow for the corresponding years.

This means that prospective Healthsource Chiropractic franchisees can review the company's financial performance over the past three years. The inclusion of balance sheets for multiple years allows for trend analysis, which can help franchisees assess the financial stability and growth of the franchisor.

The FDD also includes an independent auditor's report, which provides an opinion on the fairness of the financial statements. This report states that the financial statements of Healthsource Chiropractic, LLC as of December 31, 2024, 2023, and 2022, present fairly the company's financial position, results of operations, and cash flows in accordance with accounting principles generally accepted in the United States of America. This opinion adds credibility to the financial statements and provides assurance to potential franchisees.

Overall, the inclusion of these audited financial statements and the auditor's report is a standard practice in franchising, allowing potential franchisees to make informed decisions based on the franchisor's financial health.