How many Healthsource Chiropractic outlets were operating in Illinois at the start 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 |
|---|---|---|---|---|---|---|---|---|
| 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 6 Healthsource Chiropractic outlets operating in Illinois at the start of 2023. This information is based on the provided table that details the number of outlets at the start of each 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.
For a prospective franchisee, this indicates the existing market presence of Healthsource Chiropractic in Illinois at that time. It can be useful to compare this number with current figures to understand the growth or decline of the franchise in the state. Additionally, the table provides insights into terminations, non-renewals, and other factors that contributed to changes in outlet numbers, which can help a franchisee assess the stability and performance of the franchise in Illinois.
It is important to note that while the FDD provides historical data on outlet numbers, it does not guarantee future performance. Factors such as market conditions, competition, and the franchisee's own management skills can impact the success of a Healthsource Chiropractic franchise. Therefore, prospective franchisees should conduct their own due diligence and consult with existing franchisees to gain a comprehensive understanding of the opportunities and challenges associated with operating a Healthsource Chiropractic franchise in Illinois.