In which states did Healthsource Chiropractic have zero outlets at the start of 2022?
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 |
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, at the start of 2022, the brand had zero outlets in Kentucky, Oklahoma, and Utah. The data is presented in a table format, showing the number of outlets at the start of the year for each state.
For a prospective franchisee, this information is useful in understanding Healthsource Chiropractic's existing market penetration. The absence of outlets in a state could represent an opportunity for growth, or it could indicate that the market is not yet receptive to the concept. Further research would be needed to determine the reasons behind the lack of presence in these states.
It's also important to note that while Healthsource Chiropractic had zero outlets in Kentucky, Oklahoma, and Utah at the beginning of 2022, Utah added one outlet by 2024. This demonstrates the potential for market entry and expansion over time. Reviewing the performance of new outlets in previously untapped markets can provide insights into the brand's growth strategy and potential.