What is the last year for which Healthsource Chiropractic provides audited financial statements?

According to Healthsource Chiropractic's 2025 Franchise Disclosure Document, the company includes 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 years then ended. This means the most recent year for which audited financial statements are provided is 2024.

For a prospective franchisee, this information is crucial for evaluating the financial health and stability of Healthsource Chiropractic. Reviewing several years' worth of financial statements allows for the identification of trends and patterns in the company's performance. This helps in assessing the potential risks and rewards associated with investing in a Healthsource Chiropractic franchise.

The inclusion of audited financial statements is a standard practice in franchising, as it provides an independent and objective assessment of the franchisor's financial condition. The audit ensures that the financial statements are presented fairly and in accordance with generally accepted accounting principles. Franchisees should carefully examine these statements and consult with a financial advisor to fully understand the implications for their investment.

It is important to note that while the FDD includes historical financial data, past performance is not necessarily indicative of future results. Market conditions, competition, and other factors can impact the financial performance of Healthsource Chiropractic and its franchisees. Therefore, prospective franchisees should conduct their own due diligence and consider all relevant factors before making an investment decision.