Growth is forefront in 2022 for The Joint Chiropractic
The Joint Chiropractic has reached several new milestones: from Q1 2021 to Q1 2022, we grew revenue by 28%, increased system-wide sales by 27% and opened the most locations of any first quarter in the company’s history. A commitment to franchise growth was paramount for The Joint Chiropractic, and we followed through by opening 27 new locations in Q1 2022, more than doubling the number in Q1 2021.
The Joint Chiropractic also announced new regional developer (RD) territory rights acquired in Northern New Jersey in March and in Northern California in April.
Peter D. Holt, President and CEO of The Joint Chiropractic, recently spoke about The Joint’s current success and plans to continue rapid franchise growth, saying, “We are confident in our plan to overcome the near-term macro environment, build upon our strong foundation, and drive toward our goal of opening 1,000 clinics by the end of 2023.”
Grow within the chiropractic care industry
Here are some great reasons you should consider investing in the chiropractic industry:
1. Chiropractor Industry Size
The chiropractic industry in the United States is projected to grow over the next few years. From 2019 to 2020, the industry experienced notable growth even with the hardships of the pandemic, showing that even in times of need, a healthcare franchise like The Joint is a great investment.
2. Popular Among Consumers
Chiropractic services have increasingly become more and more needed as consumers look for options other than visiting the doctor. The perk of not requiring insurance for service means customers don’t need to jump through extra hoops to receive service. A survey shows 53% of US adults visited a chiropractor for neck or back pain, with than 35 million Americans being treated annually.
3. Open Market
There aren’t many large operators in the chiropractic market, with about 40,000 chiropractic offices open in the United States. With millions of Americans looking for a holistic, surgery-free way to treat back pain, now is a great time to invest in this in-demand service.
Join The Joint Franchise Family Today!
The Joint Chiropractic is ushering in a new era of mainstream credibility for the chiropractic industry by making access to care more affordable, accessible, and convenient than ever before. Founded in 1999 with a mission to improve the quality of life through routine and affordable chiropractic care, The Joint Chiropractic has successfully introduced the benefits of chiropractic care to the 21st-century consumer, who desires fast, affordable, and quality care on their own terms.
Ready to bring the fastest-growing chiropractic franchise to your community?
If you’re thinking about opening your own The Joint Chiropractic Franchise, explore our research pages here! We offer a wealth of information for potential franchise owners, including the history of The Joint Chiropractic, along with average revenue and startup costs to help you envision yourself within our nationwide clinics.
If you are ready to take the first step in your journey to owning your own franchise, fill out our franchise information form, and a member of our team will be in contact soon to discuss any next steps.
Why The Joint is a premier chiropractic franchise
The Joint Chiropractic, one of the fastest-growing franchises in the country, has shaken up the $18 billion chiropractic industry by making chiropractic care more accessible, convenient, and affordable than traditional chiropractic clinics.
Since it was founded in 1999, The Joint Chiropractic has taken the chiropractic industry by storm, becoming the nation’s largest provider of chiropractic care. This franchise offers a convenient retail setting and concierge-style services, with no need for appointments or insurance hassles.
The Joint Chiropractic’s recipe for success is no secret. We realize chiropractic care is an industry that helps people. That’s why we keep the costs of treatment low, don’t require insurance, and on top of it all, welcome walk-ins. Our business model has truly changed the entire chiropractic care industry, evidenced by our unprecedented success and growth over the past few years.
Recognizing The Joint Chiropractic as a great investment
But don’t just take our word for it. Hear it from Entrepreneur Magazine, one of the most respected franchise industry publications in the country, on why The Joint Chiropractic is a franchise on the rise and a best-bet investment for aspiring entrepreneurs.
Recently, Entrepreneur Magazine listed The Joint Chiropractic as No. 57 on its highly esteemed Franchise 500 ranking, which evaluates the top franchises in the country and ranks them on a variety of factors. Entrepreneur highlighted The Joint Chiropractic’s easy-to-build/quick-to-open structure, simple operating model, and attractive economics in a booming $18 billion industry that’s only expected to increase in the coming years.
“The Joint’s ratio of average or expected sales vs. capital invested is outstanding and compares favorably to many other franchises you may be considering,” according to the ranking. “The model is service-based, with little to no cost of goods sold. The lack of insurance administration means the chiropractor has the capacity to treat more patients.”
The Joint Has Grown!
Just recently, The Joint Chiropractic became the nation’s largest operator, manager, and franchisor of chiropractic clinics, now with over 700 locations across 37 states.
This milestone is just one of many signs that The Joint Chiropractic has revolutionized chiropractic care since first opening more than two decades ago, by making pain management easier and more accessible than traditional chiropractic clinics.
Now, more than ever, Americans are placing a renewed value on their health and lifestyle choices. According to IBIS World, the $18 billion chiropractic industry saw a nearly 8% increase in 2021 alone, and is expected to continue to grow over the next five years.
The Joint Is Still Growing!
Providers like The Joint Chiropractic are expertly positioned to thrive as more Americans seek out care. That’s because our clinics offer a convenient, concierge-style service that doesn’t require appointments or insurance. Our chiropractic care remains affordable, with accommodating hours of operation, including evenings and weekends.
“The accelerated pace of growth of our network is indicative of consumer demand for a healthier lifestyle,” said Peter D. Holt, president and CEO of The Joint Corp. “We look forward to continuing our mission of providing convenient and affordable care to communities across the U.S. as we drive toward opening 1,000 clinics by the end of 2023.”
Indeed, The Joint Chiropractic has prime territories available across the country as the brand ramps up for a nationwide expansion. For many entrepreneurs passionate about wellness, as well as chiropractors who are looking for an easier business model than a traditional clinic, The Joint Chiropractic may be the right choice for you.
As part of our mission to make chiropractic care accessible, we make sure our clinics are in areas where our customers are, so they don’t have to go out of their way. We also use expert metrics and data to determine where a new location will be successful in any given community.
Ready To Join One Of The Fastest Growing Franchises?
Now has never been a better time to invest in the $18 billion chiropractic industry, with a brand that is experiencing – and will continue – to see incredible growth and revenue. The Joint Chiropractic has emerged as an industry leader in chiropractic care with a business model that is easy to implement with the ability to expand.
“We’re looking for people who want to take an active role in their businesses, be a presence in their communities, and truly make an impact in the lives of their patients,” says Eric Simon, Senior Vice President of The Joint Chiropractic. “Our robust support infrastructure will help you with everything else, from marketing to hiring doctors, and beyond. You just need to have the passion for helping people and be ready to make a difference in your community.”
To learn more, fill out our form here and we’ll be in touch to start a conversation. We can’t wait to learn more about your franchise goals!
The fast-growing chiropractic franchise wins prestigious award for being a worthy investment in 2022
The Joint Chiropractic just landed a major honor, winning Franchise Times’ esteemed “Zor Award” as the top brand to buy.
“The pandemic prompted many people to pay more attention to their health and seek therapeutic and preventative care,” Franchise Times wrote. “The Joint treated 1.1 million unique patients in 2020 who paid an average of $29 per visit; a monthly membership costs $69 and includes four visits.”
In recognizing The Joint Chiropractic as a top investment opportunity, Franchise Times highlighted all the advantages for potential entrepreneurs. For one, The Joint Chiropractic is membership-based with no insurance required. It also has a recurring revenue mid-level with a higher purpose: helping people get relief from neck and back pain and providing preventative care.
The Joint Chiropractic’s unique business model
Franchise Times detailed how The Joint Chiropractic features a low labor model with an average of four employees per day, including chiropractors and front desk associates. For business owners, that means less time managing employees and more money in your pocket.
The publication also talked to some of The Joint Chiropractic’s top-performing franchisees. Ron Bostick, who owns five clinics in West Texas, said The Joint has offered one of the best business models in the franchise industry – requiring a small footprint with high revenue potential.
“The Joint model hits all three of those things,” Bostick said. “In comparison to some of the other brands I’m involved with, it is so much easier to operate on a day-to-day basis than other franchise brands out there, which is why we really like the model and is our reason for scaling up with more locations.”
Teresa Digiuseppe, who runs 14 locations in Arizona, Washington and Idaho, said The Joint Chiropractic is revolutionizing chiropractic care across the country. She even has two more locations coming online this spring.
“What’s crazy is, The Joint 11 years ago is nothing like it is today,” Digiuseppe said. “The energy of The Joint is in patients coming in and out, but going into a Joint 11 years ago was like walking into a place that wasn’t even open. Exposure was not there yet. But now, people work for us to change lives, people come to us to be developed and for a chance of opportunity.”
With more than 700 units and in development, The Franchise Times noted it might be more competitive for first-time franchisees looking to get into the system and receive a hand-holding level of support from the C-suiters. Which means now is the time to look into a Joint franchise today!
Ready to bring the fastest-growing chiropractic franchise to your community?
If you’re thinking about opening your own The Joint Chiropractic Franchise, explore our research pages here! We offer a wealth of information for potential franchise owners, including the history of The Joint Chiropractic, along with average revenue and startup costs to help you envision yourself within our nationwide clinics.
If you are ready to take the first step in your journey to owning your own franchise, fill out our franchise information form, and a member of our team will be in contact soon to discuss any next steps.
