How many Healthsource Chiropractic franchises in Minnesota were not renewed in 2024?
Healthsource_Chiropractic Franchise · 2025 FDDAnswer from 2025 FDD Document
| Dr. William Chase (non-renewal of franchise agreement) | Rochester | MN | 504-424-1200 |
|---|---|---|---|
| Dr. | Burnsville | MN | 952-300-2050 |
| (Christopher Lauer (transferred ownership to new | |||
| owner Dr. Nicole Lauer) | |||
| Dr. | MN | 952-270-8161 | |
| Jason Jorgenson (clinic never opened) |
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 Minnesota was not renewed in 2024. Specifically, Dr. William Chase in Rochester, MN, experienced a non-renewal of their franchise agreement.
This information is crucial for prospective franchisees as it provides insight into the stability and success rates of Healthsource Chiropractic franchises. Non-renewal can occur for various reasons, including failure to meet performance standards, changes in the franchisee's personal circumstances, or strategic decisions by either party not to continue the agreement.
Understanding the reasons behind non-renewals can help potential franchisees assess their own suitability for the franchise and evaluate the potential risks and rewards associated with investing in a Healthsource Chiropractic franchise. It's also worth noting that while one franchise was not renewed, the table indicates that Healthsource Chiropractic had 25 locations in Minnesota at the end of 2024, with two new locations opening during the year.