How many Healthsource Chiropractic franchises in Georgia were not renewed during 2022?
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 |
|---|---|---|---|---|---|---|---|---|
| GA | 2022 | 8 | 0 | 0 | 3 | 0 | 0 | 5 |
| 2023 | 5 | 0 | 0 | 1 | 0 | 1 | 3 | |
| 2024 | 3 | 1 | 0 | 0 | 0 | 0 | 4 |
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, there were three Healthsource Chiropractic franchises in Georgia that were not renewed in 2022. The 'Status of Franchised Outlets For Years 2022 - 2024' table provides a breakdown of outlet activity by state and year. In 2022, Georgia had 8 outlets at the start of the year, and 3 franchises were not renewed, resulting in 5 outlets at the end of the year.
This information is crucial for potential franchisees as it provides insight into the stability and turnover of Healthsource Chiropractic franchises within specific states. A high number of non-renewals could indicate issues with the franchise system in that region, such as poor performance, lack of support, or other challenges. Conversely, a low number of non-renewals suggests a more stable and successful franchise environment.
Prospective franchisees should investigate the reasons behind non-renewals to understand the potential risks and opportunities associated with investing in a Healthsource Chiropractic franchise in a particular state. This due diligence can help them make a more informed decision and better prepare for the challenges and rewards of franchise ownership.