How many Healthsource Chiropractic outlets were operating in Florida at the start of 2022?
Healthsource_Chiropractic Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Year | Number of Transfers |
|---|---|---|
| Alabama | 2022 | 3 |
| 2023 | 4 | |
| 2024 | 0 | |
| Florida | 2022 | 0 |
| 2023 | 0 | |
| 2024 | 1 | |
| Minnesota | 2022 | 0 |
| 2023 | 0 | |
| 2024 | 1 | |
| Texas | 2022 | 0 |
| 2023 | 0 | |
| 2024 | 1 | |
| Total | 2022 | 3 |
| 2023 | 4 | |
| 2024 | 3 |
Table 3 Status of Franchised Outlets For Years 2022 - 2024
| State | Year | Outlets at Start of Year | Outlets Opened | Terminations | Non- Renewals | Re
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 start of 2022. The document provides a detailed table outlining the number of outlets at the start of the year, outlets opened, terminations, non-renewals, outlets reacquired by the franchisor, outlets that ceased operations for other reasons, and the number of outlets at the end of the year for each state. This information is presented for the years 2022, 2023, and 2024.
For a prospective franchisee, this data offers insight into the stability and growth of Healthsource Chiropractic in Florida. Seeing that the number of outlets remained consistent at 5 for both 2022 and 2023 suggests a stable market presence. However, it's important to note that while no outlets closed, none were opened either during those years. The increase to 7 outlets by the end of 2024, with 3 new openings, indicates recent growth in the state.
This information is valuable for understanding the market dynamics in Florida and assessing the potential for new Healthsource Chiropractic franchises. A prospective franchisee should further investigate the reasons behind the recent growth and any non-renewals to gain a comprehensive understanding of the franchise's performance in the state. Additionally, reviewing Exhibit E, as referenced in the FDD, could provide contact information for current and former franchisees in Florida, allowing for direct insights into their experiences.