How many Healthsource Chiropractic franchises in California were not renewed in 2024?
Healthsource_Chiropractic Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Year | Outlets at Start of Year | Outlets Opened | Terminations | Non- Renewals | Reacquired by Franchisor | Ceased Operations- Other Reasons | Outlets at End of the Year |
|---|---|---|---|---|---|---|---|---|
| CA | 2022 | 6 | 0 | 0 | 0 | 0 | 0 | 6 |
| 2023 | 6 | 0 | 0 | 0 | 0 | 0 | 6 | |
| 2024 | 6 | 0 | 0 | 1 | 0 | 0 | 5 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 71–77)
What This Means (2025 FDD)
According to Healthsource Chiropractic's 2025 Franchise Disclosure Document, one franchise in California was not renewed in 2024. The table provided in Item 20 outlines the status of franchised outlets for the years 2022-2024, showing that the number of Healthsource Chiropractic franchises in California decreased from six to five due to one non-renewal.
This information is crucial for potential franchisees as it provides insight into the stability and success rate of Healthsource Chiropractic franchises in specific states. A non-renewal could indicate various factors, such as the franchisee's decision not to continue, performance issues, or changes in the market.
Prospective franchisees should further investigate the reasons behind non-renewals and terminations to assess the risks and opportunities associated with investing in a Healthsource Chiropractic franchise. Understanding the factors that contribute to franchise non-renewals can help a new franchisee make informed decisions and implement strategies to improve their chances of success.