How many Healthsource Chiropractic outlets were operating in Florida at the end of 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 |
|---|---|---|---|---|---|---|---|---|
| FL | 2022 | 5 | 0 | 0 | 0 | 0 | 0 | 5 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 2023 | 5 | 0 | 0 | 0 | 0 | 0 | 5 | |
| 2024 | 5 | 3 | 0 | 1 | 0 | 0 | 7 |
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 5 Healthsource Chiropractic outlets operating in Florida at the end of 2023. The provided table in Item 20 details the status of franchised outlets from 2022 to 2024, showing the number of outlets at the start and end of each year, as well as any changes due to openings, terminations, non-renewals, re acquisitions, or other reasons for ceasing operations.
For a prospective franchisee, this information is useful for understanding the historical performance and stability of Healthsource Chiropractic franchises in Florida. Knowing the number of outlets and how it has changed over recent years can provide insights into the brand's growth, franchisee turnover, and overall market presence in the state. This data helps in assessing the potential risks and opportunities associated with opening a Healthsource Chiropractic franchise in Florida.
It's important to note that while the number of outlets remained constant at 5 in Florida from 2022 to 2023, it increased to 7 by the end of 2024. This suggests a recent expansion in the state. Reviewing this data in conjunction with other information in the FDD, such as franchisee contact details and financial performance representations, can offer a more comprehensive view of the franchise's potential in Florida.