What was the total number of Healthsource Chiropractic franchise transfers across all states in 2024?
Healthsource_Chiropractic Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Year | Number of Transfers |
|---|---|---|
| Alabama | 2022 | 3 |
| 2023 | 4 | |
| 2024 | 0 | |
| Florida | 2022 | 0 |
| 2023 | 0 | |
| 2024 | 1 | |
| Minnesota | 2022 | 0 |
| 2023 | 0 | |
| 2024 | 1 | |
| Texas | 2022 | 0 |
| 2023 | 0 | |
| 2024 | 1 | |
| Total | 2022 | 3 |
| 2023 | 4 | |
| 2024 | 3 |
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, there were a total of 3 franchise transfers to new owners in 2024 across the states of Alabama, Florida, Minnesota and Texas. Specifically, Alabama had 0 transfers, Florida had 1, Minnesota had 1, and Texas had 1.
This information is valuable for prospective franchisees as it provides insight into the stability and desirability of Healthsource Chiropractic franchises. A low number of transfers could indicate franchisee satisfaction or a rigorous transfer process. Conversely, a high number might suggest challenges within the franchise system that lead owners to sell.
It is important to note that this data only reflects transfers to new owners and does not include terminations, non-renewals, or other forms of franchise exits. Reviewing these figures in conjunction with other data in Item 20, such as terminations and non-renewals, can provide a more comprehensive understanding of franchisee turnover within the Healthsource Chiropractic system. A prospective franchisee should investigate the reasons behind any transfers to fully assess the health of the franchise system.