How many Healthsource Chiropractic outlets were operating in Illinois at the end of 2022?
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 |
|---|---|---|---|---|---|---|---|---|
| IL | 2022 | 6 | 0 | 0 | 0 | 0 | 1 | 5 |
| 2023 | 5 | 1 | 0 | 1 | 0 | 0 | 5 | |
| 2024 | 5 | 0 | 0 | 0 | 0 | 0 | 5 |
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 Illinois at the end of 2022. At the start of 2022, there were 6 outlets. During 2022, no new Healthsource Chiropractic locations opened in Illinois, and one ceased operations for other reasons.
This information is valuable for potential franchisees as it provides a snapshot of the brand's presence and performance in Illinois. The decrease of one outlet during 2022 could indicate market challenges or other factors influencing the business. Reviewing this data over several years, as presented in the table, offers a more comprehensive understanding of the stability and growth of Healthsource Chiropractic in the state.
Prospective franchisees should further investigate the reasons behind the outlet closure in 2022 to assess any potential risks or opportunities in the Illinois market. Understanding the factors that contribute to the success or failure of existing locations can inform their decision-making process and business strategy.