What was the net change in the number of Healthsource Chiropractic franchised outlets during 2023?

According to Healthsource Chiropractic's 2025 Franchise Disclosure Document, the net change in the number of franchised outlets during 2023 was -8. This means that Healthsource Chiropractic had 8 fewer franchised locations at the end of 2023 than it did at the beginning of the year. At the start of 2023, there were 138 franchised outlets, and by the end of the year, this number decreased to 130.

This decrease in franchised outlets could be due to several factors, such as closures, terminations, or non-renewals of franchise agreements. It is important to note that while the total number of franchised outlets decreased, this does not necessarily reflect the performance or health of individual franchise locations. Some locations may have closed due to poor performance, while others may have simply reached the end of their franchise term and chosen not to renew.

For a prospective franchisee, this information highlights the importance of understanding the reasons behind outlet changes. It would be prudent to investigate the specific causes for the net decrease of 8 franchised locations in 2023. Understanding the reasons for closures or non-renewals can provide valuable insights into the challenges and opportunities within the Healthsource Chiropractic franchise system. This information, combined with discussions with current and former franchisees, can help a potential franchisee make a more informed decision.