What was the total amount of the note payable to a member that Healthsource Chiropractic had?

Based on the 2025 Healthsource Chiropractic Franchise Disclosure Document, specific details regarding the total amount of a note payable to a member are not explicitly provided in the excerpts. However, Note L in Item 23 mentions 'Note I – Note Payable – Member,' indicating that such a note exists and is detailed elsewhere in the financial statements.

To fully understand the financial implications, a prospective Healthsource Chiropractic franchisee should carefully review Note I within the complete financial statements. This note would likely disclose the outstanding balance of the note payable to a member as of the balance sheet dates (December 31, 2024, 2023 and 2022), the interest rate, repayment terms, and any collateral or guarantees associated with the note. Understanding these details is crucial for assessing the company's financial health and stability.

Without access to Note I, it is impossible to determine the exact amount of the note payable to a member. Therefore, it is recommended that a potential franchisee request and thoroughly examine the full audited financial statements, paying particular attention to Note I, to gain a comprehensive understanding of this related party transaction and its potential impact on Healthsource Chiropractic's financial position.