What was the net income for Healthsource Chiropractic in 2022?
Healthsource_Chiropractic Franchise · 2025 FDDAnswer from 2025 FDD Document
We have audited the accompanying financial statements of HealthSource Chiropractic, LLC, which comprise the balance sheets as of December 31, 2024, 2023, and 2022, and the related statements of income and comprehensive income, members' and stockholders' equity, and cash flows for the years then ended, and the related notes to the financial statements.
In our opinion, the financial statements referred to above present fairly, in all material respects, the financial position of HealthSource Chiropractic, LLC as of December 31, 2024, 2023, and 2022, and the results of its operations and its cash flows for the years then ended in accordance with accounting principles generally accepted in the United States of America.
Source: Item 23 — Receipts (FDD pages 77–282)
What This Means (2025 FDD)
I am unable to provide the net income for Healthsource Chiropractic in 2022, according to the 2025 Franchise Disclosure Document. While the document includes the Statements of Income and Comprehensive Income for the years 2022, 2023, and 2024, the specific net income figures are not present in the provided excerpts. The document confirms that an independent auditor has reviewed the financial statements of HealthSource Chiropractic, LLC, for these years.
Item 23 includes the Independent Auditor's Report which states that the financial statements present fairly the financial position of HealthSource Chiropractic, LLC as of December 31, 2024, 2023, and 2022. The FDD also contains the Statements of Cash Flows and Statements of Members' and Stockholders' Equity for the same period. However, the actual figures for net income, comprehensive income, cash flows, and equity are not detailed in the provided excerpts.
A prospective franchisee should request the complete audited financial statements from HealthSource Chiropractic to review the net income, revenues, expenses, and other key financial performance indicators for 2022, 2023, and 2024. This information is crucial for assessing the financial health and profitability of the franchisor.