In which states did Healthsource Chiropractic have zero outlets at the end of 2024?
Healthsource_Chiropractic Franchise · 2025 FDDAnswer from 2025 FDD Document
3 | 0 | | | 2024 | 1 | | Texas | 2022 | 0 | | | 2023 | 0 | | | 2024 | 1 | | Total | 2022 | 3 | | | 2023 | 4 | | | 2024 | 3 |
Table 3 Status of Franchised Outlets For Years 2022 - 2024
| State | Year | Outlets at Start of Year | Outlets Opened | Terminations | Non- Renewals | Reacquired by Franchisor | Ceased Operations- Other Reasons | Outlets at End of the Year |
|---|---|---|---|---|---|---|---|---|
| AL | 2022 | 13 | 2 | 1 | 0 | 0 | 1 | 13 |
| 2023 | 13 | 0 | 0 | 0 | 0 | 0 | 13 | |
| 2024 | 13 | 0 | 0 | 0 | 0 | 0 | 13 | |
| AZ | 2022 | 1 | 1 | 1 | 1 | 0 | 0 | 0 |
| 2023 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| 2024 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| CA | 2022 | 6 | 0 | 0 | 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 had zero Healthsource Chiropractic outlets at the end of the 2024 fiscal year. Specifically, Arizona, Kentucky, Mississippi, New Hampshire, and Oklahoma all reported zero outlets as of December 31, 2024. This information is based on the table that details the status of franchised outlets for the years 2022 through 2024.
For a prospective franchisee, this data indicates areas where Healthsource Chiropractic has not yet established a presence or has previously exited. This could represent an opportunity to be the first mover in a particular market, but it also carries the risk that the market may not be receptive to the Healthsource Chiropractic concept. Further due diligence would be required to understand the market dynamics in these states.
It is important to note that while some states had zero outlets at the end of 2024, there may have been activity during the year, such as openings or closures, that are reflected in the 'Outlets Opened,' 'Terminations,' 'Non-Renewals,' 'Reacquired by Franchisor,' and 'Ceased Operations - Other Reasons' columns. Reviewing these columns provides a more complete picture of the changes in outlet presence throughout the year. Additionally, the document lists states with 'Projected New Franchised Outlets in the Next Fiscal Year,' which could indicate planned expansion into new or previously exited states.