For how many years are Healthsource Chiropractic's balance sheets provided?
Healthsource_Chiropractic Franchise · 2025 FDDAnswer from 2025 FDD Document
Attached to this Franchise Disclosure Document as Exhibit G are:
HealthSource Chiropractic, LLC's audited balance sheets as of December 31, 2024, December 31, 2023, and December 31, 2022, and the related statements of income, retained earnings, and of cash flow for the years then ended.
Source: Item 21 — Financial Statements (FDD page 77)
What This Means (2025 FDD)
According to Healthsource Chiropractic's 2025 Franchise Disclosure Document, the company provides audited balance sheets for the past three fiscal years. Specifically, the FDD includes balance sheets as of December 31, 2024, December 31, 2023, and December 31, 2022.
This means a prospective franchisee can review Healthsource Chiropractic's financial performance over the three-year period to identify trends and assess the company's financial health. Reviewing multiple years of financial statements is a standard practice in franchise evaluation, allowing potential investors to see how the company has performed over time rather than relying on a single snapshot.
The inclusion of these balance sheets in Exhibit G of the FDD provides transparency and allows potential franchisees to make a more informed decision. Franchisees should carefully examine these statements, ideally with the help of a financial advisor, to understand Healthsource Chiropractic's financial stability and growth trajectory.