What is the state of incorporation for Healthsource Chiropractic, LLC?
Healthsource_Chiropractic Franchise · 2025 FDDAnswer from 2025 FDD Document
The Company is an Ohio Limited Liability Company located in Avon, Ohio and is in the business of selling chiropractic franchises. The Company began selling "HealthSource Chiropractic" franchises in 2006.
On March 11th, 2022 the shareholders of the Company each contributed 100% of their beneficial interest to ZCS Holdings, Inc. pursuant to a Plan of Reorganization and immediately elected to be treated as a Qualified Subchapter S Subsidiary (QSub). On March 15th, 2022 HealthSource Chiropractic, Inc. converted to HealthSource Chiropractic, LLC pursuant to state law. On March 20th, 2022, HealthSource Chiropractic, LLC issued Class B Units to a new member, FW-HES Holdings, LLC (Franworth). As a result, ZCS Holdings, Inc. has a direct interest of 70% while Franworth has a direct interest of 30%.
Source: Item 23 — Receipts (FDD pages 77–282)
What This Means (2025 FDD)
According to Healthsource Chiropractic's 2025 Franchise Disclosure Document, Healthsource Chiropractic, LLC is an Ohio Limited Liability Company located in Avon, Ohio. The company is in the business of selling chiropractic franchises and began selling "HealthSource Chiropractic" franchises in 2006.
On March 11, 2022, the shareholders of the Company each contributed 100% of their beneficial interest to ZCS Holdings, Inc. pursuant to a Plan of Reorganization and immediately elected to be treated as a Qualified Subchapter S Subsidiary (QSub). On March 15, 2022, HealthSource Chiropractic, Inc. converted to HealthSource Chiropractic, LLC pursuant to state law.
On March 20, 2022, HealthSource Chiropractic, LLC issued Class B Units to a new member, FW-HES Holdings, LLC (Franworth). As a result, ZCS Holdings, Inc. has a direct interest of 70% while Franworth has a direct interest of 30%.