What was the net change in the number of franchised Healthsource Chiropractic outlets during 2022?

According to Healthsource Chiropractic's 2025 Franchise Disclosure Document, the net change in the number of franchised outlets during 2022 was -6. This means that Healthsource Chiropractic had a decrease of 6 franchised locations during that year. At the start of 2022, there were 144 franchised outlets, and by the end of the year, the number decreased to 138.

For a prospective franchisee, this indicates a contraction in the franchise system during 2022. While a single year's data doesn't necessarily indicate a long-term trend, it would be prudent to investigate the reasons behind this decrease. Factors contributing to this change could include closures, terminations, or non-renewals of franchise agreements. Understanding the reasons for this net decrease can provide valuable insight into the health and stability of the Healthsource Chiropractic franchise system.

It's important to note that while the total number of franchised outlets decreased, this doesn't necessarily mean the system is failing. The FDD also shows that 5 new Healthsource Chiropractic franchises opened in 2022, while 2 were terminated, 6 were non-renewed, and 3 ceased operations for other reasons. Prospective franchisees should inquire about the specific reasons for these closures and non-renewals to assess the overall risk and opportunity associated with investing in a Healthsource Chiropractic franchise.