How many Healthsource Chiropractic franchises in Georgia were not renewed in 2023?
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 was one franchise in Georgia that was not renewed in 2023. The table provided in Item 20 includes data regarding the status of franchised outlets for the years 2022-2024. In 2023, Healthsource Chiropractic had 5 outlets at the start of the year in Georgia, and 1 franchise was not renewed, and 1 ceased operations for other reasons, resulting in 3 outlets at the end of the year.
This information is valuable for potential franchisees as it provides insight into the stability and turnover of Healthsource Chiropractic franchises in specific states. A high number of non-renewals could indicate issues with the franchise system or market conditions in that area. Conversely, a low number of non-renewals suggests that franchisees are generally satisfied with their investment and the support provided by Healthsource Chiropractic.
Prospective franchisees should investigate the reasons behind non-renewals to fully understand the risks and opportunities associated with opening a Healthsource Chiropractic franchise in a particular state. They may also want to speak with current and former franchisees to gather more information about their experiences.