How many Healthsource Chiropractic outlets ceased operations for other reasons in Massachusetts during 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 |
|---|---|---|---|---|---|---|---|---|
| MA | 2022 | 3 | 0 | 0 | 0 | 0 | 0 | 3 |
| 2023 | 3 | 0 | 0 | 1 | 0 | 0 | 2 | |
| 2024 | 2 | 0 | 0 | 0 | 0 | 1 | 1 |
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 Healthsource Chiropractic location in Massachusetts ceased operations for reasons other than termination, non-renewal, or reacquisition by the franchisor during the 2024 fiscal year.
This information is valuable for prospective franchisees as it provides insight into the stability and potential challenges within the Healthsource Chiropractic system in specific geographic areas. Understanding the reasons behind closures, even those classified as 'other,' can help a franchisee assess the risks and opportunities associated with investing in a particular market.
It's important to note that 'ceased operations - other reasons' can encompass a variety of circumstances, such as relocation, failure to meet performance standards, or other unforeseen business challenges. Reviewing this data in conjunction with other factors, such as market demographics and local competition, can contribute to a more informed investment decision. Prospective franchisees should inquire with Healthsource Chiropractic about the specific reasons for closures in their target areas to gain a comprehensive understanding.