What years are covered by the audited balance sheets for Healthsource Chiropractic?
Healthsource_Chiropractic Franchise · 2025 FDDAnswer from 2025 FDD Document
HealthSource Chiropractic, LLC's audited balance sheets as of December 31, 2024, December 31, 2023, and December 31, 2022, and the related statements of income, retained earnings, and of cash flow for the years then ended.
Source: Item 21 — Financial Statements (FDD page 77)
What This Means (2025 FDD)
According to Healthsource Chiropractic's 2025 Franchise Disclosure Document, the company's audited balance sheets are as of December 31, 2024, December 31, 2023, and December 31, 2022. This means that prospective franchisees can review the financial performance of Healthsource Chiropractic for these three years.
These balance sheets, along with related statements of income, retained earnings, and cash flow, are included as Exhibit G to the FDD. The availability of three years of audited financial statements is a standard practice in franchising, allowing potential franchisees to assess the financial stability and trends of the franchisor.
Reviewing these statements can help a prospective franchisee understand Healthsource Chiropractic's assets, liabilities, and equity over time, as well as its profitability and cash flow generation. This information is crucial for making an informed decision about investing in a Healthsource Chiropractic franchise.