FRANCHISE·WATCH·DESK

FILING · MN · 2023 FDD · 2+ YEARS OLD

NextHealth FDD (Franchise Disclosure Document) — 2023

The FDD is the 23-item legal disclosure every U.S. franchisor must hand you at least 14 days before you sign or pay anything (FTC Franchise Rule, 16 CFR 436). NextHealth's most recent FDD tracked here is the 2023 FDD · 2+ years old, filed with the Minnesota Department of Commerce (public CARDS portal) (a newer issuance very likely exists; ask the franchisor for it). Registration-state filings are public records, so you can read it free, with no sign-up.

Get the documentpublic record · PDF
Download from the Minnesota regulator (free) ↗

PUBLIC RECORD · FILED 2023 · SOURCE STATE MN

What the 2023 filing revealedextracted from the filing
ITEM 5Initial franchise fee$80,000
ITEM 6Ongoing royalty9.0% of gross sales
ITEM 7Total initial investment$1.6M–$2.2M
ITEM 19Earnings disclosure (FPR)Yes — financial performance representation made
ITEM 20Outlets (fiscal 2022)0 franchised at year end
Item 19 · how NextHealth's earnings claim is built2023 FDD · page-cited

This filing makes an Item 19 earnings claim; we have not yet read how it is built. Open Item 19 and check which units it covers, which it leaves out, and whether it shows costs.

Every figure above was extracted by software from the 2023 NextHealth FDD as filed (figures are not individually checked by a person) and links back to that document. Fields that could not be extracted are omitted; no figure here is estimated. Extraction errors are possible: the filing controls, and FDDs are reissued annually; verify against the current issuance before relying on any number. Spotted an error? Franchisors and owners can report it via the contact on our Terms page.

NextHealth FDD questions, answered

Where can I download the NextHealth FDD for free?

NextHealth's 2023 Franchise Disclosure Document is a public record, filed with the Minnesota Department of Commerce (public CARDS portal). It can be downloaded free from the source link on this page — no broker form, no email signup required.

What year is NextHealth's most recent FDD on file?

The most recent NextHealth FDD tracked here is the 2023 FDD · 2+ years old, filed with the Minnesota Department of Commerce (public CARDS portal). Franchisors must update their FDD annually, so a newer issuance very likely exists; confirm you are reading the current issuance before signing.

Does NextHealth's FDD disclose earnings (Item 19)?

Yes — NextHealth makes a financial performance representation in Item 19 of its 2023 FDD. Read the basis fine print: franchisors choose which units and metrics to include.

What does NextHealth's FDD Item 20 show?

In fiscal 2022, NextHealth ended with 0 franchised outlets and opened 0.

The NextHealth validation checklist

questions built from this brand's own filings · read them all on the profile

Want this as a checklist you can take to the calls?

I'll email you the printable version, and tell you if NextHealth’s numbers move — a new filing, a rising exit rate, a distress signal. Unsubscribe in one click.

Before you sign anythingfree · 30 min · no commission

A broker is usually paid by the franchisor to place you. I'm paid only by you, never by a franchisor you're considering — and the job is pressure-testing NextHealth’s numbers, including talking you out of a bad deal.

Don Drummond, CPA — Virginia #43775 · what I charge

Book a free 30-minute call →