What will Healthsource Chiropractic's notice of deficiencies include if renewal is permitted?
Healthsource_Chiropractic Franchise · 2025 FDDAnswer from 2025 FDD Document
time period in which those deficiencies must be corrected or other requirements satisfied. Renewal of the Franchise will be conditioned on your continued compliance with all the terms and conditions of this Agreement up to the date of expiration, and not just on those conditions set forth in our 6 month deficiency notice. If we send a notice of non-renewal, it will state the reasons for our refusal to renew.
Source: Item 23 — Receipts (FDD pages 77–282)
What This Means (2025 FDD)
According to Healthsource Chiropractic's 2025 Franchise Disclosure Document, if a franchisee seeks to renew their franchise agreement, Healthsource Chiropractic will provide a notice of any deficiencies that must be corrected for renewal to be granted. This notice will specify the time period in which the franchisee must correct these deficiencies or satisfy other requirements.
Healthsource Chiropractic emphasizes that renewal is not solely based on correcting the deficiencies outlined in the 6-month notice. Instead, it is contingent upon the franchisee's continuous compliance with all terms and conditions of the existing franchise agreement up to the expiration date. This means that even if a franchisee addresses the specific issues in the deficiency notice, Healthsource Chiropractic can still deny renewal if there are other breaches of the agreement.
If Healthsource Chiropractic decides not to renew the franchise, they will send a notice of non-renewal. This notice will clearly state the reasons for the refusal to renew the franchise agreement. This provides the franchisee with transparency regarding the decision and the opportunity to understand the factors that led to the non-renewal.