How many Healthsource Chiropractic outlets were operating in Tennessee at the end of 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 |
|---|---|---|---|---|---|---|---|---|
| TN | 2022 | 3 | 0 | 0 | 0 | 0 | 0 | 3 |
| 2023 | 3 | 1 | 0 | 1 | 0 | 0 | 3 | |
| 2024 | 3 | 0 | 0 | 0 | 0 | 0 | 3 |
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 3 Healthsource Chiropractic outlets operating in Tennessee at the end of 2024. The FDD provides a detailed table outlining the status of outlets by state for the years 2022 through 2024. This table includes information on 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 a prospective franchisee, this information is valuable in understanding the historical performance and stability of Healthsource Chiropractic franchises in specific states. Seeing the changes in outlet numbers over a three-year period can provide insights into growth trends, potential challenges, and the overall health of the franchise system in different regions. It's important to note that past performance is not necessarily indicative of future results, but it can be a useful tool for assessing risk and opportunity.
Specifically for Tennessee, the data shows a slight fluctuation with 3 outlets at the start of 2022, growing to 4 in 2023 with one outlet opening, and then decreasing back to 3 at the end of 2023 due to a non-renewal. In 2024, the number remained stable at 3. This kind of stability could be seen as a positive sign, but further investigation into the reasons behind the non-renewal in 2023 would be prudent for anyone considering investing in a Healthsource Chiropractic franchise in Tennessee. A prospective franchisee should speak with the franchisor and existing franchisees in Tennessee to understand the market dynamics and competitive landscape.