How many Healthsource Chiropractic franchises in Michigan were reacquired by the franchisor 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 |
|---|---|---|---|---|---|---|---|---|
| MI | 2022 | 2 | 0 | 0 | 0 | 0 | 0 | 2 |
| 2023 | 2 | 1 | 0 | 0 | 0 | 0 | 3 | |
| 2024 | 3 | 0 | 0 | 0 | 0 | 0 | 3 |
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 no re acquisitions of Healthsource Chiropractic franchises in Michigan during the 2024 fiscal year. The table provided in Item 20 of the FDD details the status of franchised outlets for the years 2022-2024, broken down by state.
Specifically, for Michigan in 2024, the table shows the following: the number of outlets at the start of the year was 3, there were 0 outlets opened, 0 terminations, 0 non-renewals, 0 reacquired by the franchisor, 0 ceased operations for other reasons, resulting in 3 outlets at the end of the year. This indicates that Healthsource Chiropractic did not reacquire any franchised locations in Michigan during that year.
Prospective franchisees can use this information to understand the stability and changes within the Healthsource Chiropractic franchise system in specific states. The absence of re acquisitions in Michigan for 2024 suggests that the existing franchise locations remained under franchisee ownership during that period. This data point, combined with other information in Item 20, can help potential franchisees assess the health and dynamics of the franchise network in their target areas.