In which states are Healthsource Chiropractic franchise agreements signed but outlets not yet opened?
Healthsource_Chiropractic Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Franchise | Projected New | Projected New |
|---|---|---|---|
| Agreements Signed | Franchised Outlets | Company-Owned | |
| but Outlets Not | in the Next Fiscal | Outlets in the Next | |
| Opened | Year | Fiscal Year | |
| AL | 3 | 2 | 0 |
| AK | 0 | 0 | 0 |
| AZ | 0 | 0 | 0 |
| CA | 0 | 1 | 0 |
| CO | 3 | 2 | 0 |
| FL | 9 | 2 | 0 |
| GA | 0 | 1 | 0 |
| ID | 1 | 0 | 0 |
| IL | 0 | 0 | 0 |
| IN | 0 | 0 | 0 |
| KS | 1 | 0 | 0 |
| KY | 0 | 1 | 0 |
| LA | 0 | 1 | 0 |
| MI | 1 | 1 | 0 |
| MN | 0 | 2 | 0 |
| MO | 3 | 1 | 0 |
| MS | 1 | 1 | |
| NC | 2 | 2 | 0 |
| NJ | 2 | 1 | 0 |
| OH | 1 | 1 | 0 |
| RI | 0 | 0 | 0 |
| SC | 2 | 2 | 0 |
| TN | 4 | 1 | 0 |
| TX | 12 | 2 | 0 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 71–77)
What This Means (2025 FDD)
According to Healthsource Chiropractic's 2025 Franchise Disclosure Document, several states have franchise agreements signed but no outlets yet opened. As of the end of the fiscal year 2024, Alabama has 3 such agreements, Colorado has 3, and Florida has 9. Idaho and Kansas each have 1, while Michigan, Mississippi, and Ohio also have 1 agreement each.
Missouri has 3 agreements signed but no outlets open, while North Carolina and New Jersey each have 2. South Carolina has 2, Tennessee has 4, and Texas leads with 12 agreements signed but outlets not yet opened. These figures indicate potential growth areas for Healthsource Chiropractic, but also represent a risk for franchisees who have committed to opening a location but have not yet done so.
For a prospective franchisee, this information highlights the importance of understanding the timeline for opening a Healthsource Chiropractic location after signing a franchise agreement. It would be prudent to inquire about the reasons why agreements have been signed without corresponding openings, and what support Healthsource Chiropractic provides to ensure timely openings. Understanding these factors can help a franchisee assess the risk and potential associated with entering a specific market.