Fast-growing chiropractic franchise releases Franchise Disclosure Document which details strong sales growth 

According to the most recent Franchise Disclosure Document, The Joint Chiropractic® franchises are performing extremely well, despite the economic challenges brought on in the past year by the COVID-19 pandemic. According to Eric Simon, Vice President of Franchise Sales and Development for The Joint Chiropractic franchise, after the pandemic hit in March 2020, the company pulled its Item 19 financial performance representations.

“The state regulators were like, for obvious reasons, you can’t represent numbers based on 2019 when the whole world has changed—the whole model could’ve changed,” Simon said.

Just two months after the onset of the pandemic, The Joint Chiropractic rebounded. Deemed an essential business providing licensed chiropractic care in most areas in the country, the company’s clinics largely stayed open during shutdowns. In June 2020, The Joint Chiropractic released a preliminary Item 19 that showed it was not only able to weather the pandemic, but also thrive during a time of financial uncertainty.

“We were able to make our Item 19strong because we had huge support on every level of franchising, from the entire corporate office to our Regional Developers to our franchisees,” Simon said. “We had to make changes to our processes and protocols, our sanitization process was enhanced, and our marketing team made sure patients felt comfortable coming into the clinic.”

And despite all the financial struggles and hardships across many industries, The Joint Chiropractic franchises actually showed a growth of topline revenues. In fact, the franchise provided more detail than necessary that other companies avoided because its numbers were so strong. 

*The Joint Chiropratic’s Item 19 for 2020 shows top quartile in 2020 at $777,608 and bottom quartiles averaging about $255,500. Out of the 448 clinics that reported sales, nearly 45% hit or exceeded the overall average of $488,771.

 *Compare that to 2019, where top quartile sales averaged about $759,800 and bottom quartiles averaged around $263,800.

“What essentially jumps out at me are gross sales and topline sales,” Simon said. “If you can put that comparison in there, and in our case, it was a little higher than in 2019, fantastic, you don’t need to put 2019 and 2020 P&L info in there.”

 Simon also highlighted that in the first 12 months of 2020, for cohorts of new clinics, ramp up was considerably higher than in previous years, reflected in Item 19 along with gross sales ramp-up information for the initial 12 months of operation for all franchised clinics opened from 2017 to 2020.

 “The changes we made during COVID are going to stay because they worked really well,” he added.

Ready to bring the fastest growing of the chiropractic franchises to your community?

This healthcare franchise’s business model is simple, straightforward, and quick-to-scale. This benefits both franchisees and their customers. For in-depth details about The Joint Chiropractic healthcare franchise opportunity, download the free franchise information report.

The fast-growing healthcare franchise claims the No. 5 spot of top franchise investments for 2021

The Joint Chiropractic® once again finds its name high on the list of top franchise opportunities for 2021. This time the list is Franchise Gator’s prestigious annual “Top 100 Franchises” and The Joint Chiropractic healthcare franchise claims the No. 5 spot.

To determine the list, Franchise Gator analyzes hundreds of franchise system’s franchise disclosure documents on the basis of financial stability, growth, transparency, engagement, continuity, and sustainability – and in each metric, The Joint Chiropractic delivers.

Coming in at the No. 5 spot is significant because it validates the resiliency of The Joint Chiropractic’s business model, strong expansion across the country, our rapidly growing brand recognition, our strong culture of support, and our tremendous unit-level economics.

“We’re honored to be ranked as the No. 5 franchise opportunity by Franchise Gator,” says Eric Simon, Senior VP of Franchise Sales & Development. “We’re proud that our brand not only bounced back extremely quickly from the crisis, but we’ve also continued to experience strong sales and open new clinics across the country. In fact, we’ve recently celebrated the opening of our 600th clinic. We’re looking forward to continued growth in 2021.”

This ranking from Franchise Gator comes hot on the heels of multiple industry recognitions. In 2021 alone, The Joint Chiropractic healthcare franchise has been recognized by Franchise Business Review, Forbes magazine, and Entrepreneur magazine. These recognitions include ranking on Entrepreneur‘s prestigious Franchise 500 list as No. 58 overall and No. 1 in our category.

Ready to bring the fastest-growing healthcare franchises to your community?

This healthcare franchise’s business model is simple, straightforward, and quick-to-scale. This benefits both franchisees and their customers. For in-depth details about The Joint Chiropractic healthcare franchise opportunity, download the free franchise information report.

Tampa Bay Buccaneers® team captain, linebacker is passionate about helping others find pain relief through chiropractic care

The Tampa Bay Buccaneers team captain, linebacker Kevin Minter is the newest owner of a Super Bowl LIV® championship ring. Off the field, Minter is passionate about chiropractic care as a multi-unit owner with The Joint Chiropractic®.

As a franchise partner with The Joint Chiropractic, Minter naturally found his investment not only in his wheelhouse but also something he has always understood as important. Minter has put some wear and tear on his body, to say the least, since the young age of 10 when he started playing football, but he credits chiropractic care as being a major part of his routine and ability to perform at the top level.

Minter took to Instagram Live for a recent interview with digital outlet InsideHook to highlight his Super Bowl LIV win. Reporter Charles Thorp covered everything from quarantine training and how he recovers to his plans now that the longest season ever is finally over.

In the interview, he explains he was in Arizona for the Regional Developer conference with The Joint Chiropractic when he found out that Tom Brady would be his starting quarterback for the 2020 season.

Between Zoom® meetings with his new teammates and trainer, using multiple gyms, and the great outdoors, Minter’s preparation for the 2020 season was certainly different – however, it would prove to be just as grueling.

“In professional sports, it’s common to talk about going hard, getting big, and getting strong,” said reporter Thorp. “But no one talks about the chiropractor and how much alignment actually is a key factor to perform at such a high level.”

To which Minter responded, “My hips, neck, and back basically get in multiple accidents every day. That’s the nature of the sport and my position. My body needs to be in alignment because it is simply safer. It’s a large part of my healthcare and ultimately why I invested in The Joint.”

As a franchisee with The Joint, Minter can deliver affordable and accessible chiropractic care to people seeking a holistic way to recover from back and neck pain. He placed his first two franchises down the street from where he grew up in Atlanta. Now, as a Regional Developer of The Joint, Kevin is responsible for expanding The Joint’s footprint in South Florida. He is currently adding to his enterprise with a new location in his area.

“There are countless benefits that can come from improving spinal and joint function,” Minter says. “The most important being a healthier, more comfortable daily life.” And he is convinced that providing his communities with the chiropractic care they need is easier than ever.

The Joint Chiropractic healthcare franchise is making quality care convenient and affordable for millions of patients seeking pain relief and ongoing wellness while eliminating the need for insurance. With more than 550 locations nationwide and over seven million patient visits annually, Kevin Minter is one of our many franchise partners we cherish for making The Joint Chiropractic a key leader in the health and wellness industry.

If you’d like to catch the full interview on Instagram Live, click here.

Ready to bring The Joint Chiropractic franchise to your community?

For in-depth details about The Joint Chiropractic franchise opportunity, download the free franchise information report.

Our growing healthcare franchise ranked high on prestigious annual list as one of the year’s best investment opportunities

Hot on the heels of ranking high on the list of Entrepreneur’s “Franchise 500” list, The Joint Chiropractic® continues to win industry acclaim for our standout healthcare franchise opportunities.

Franchise Business Review recently published their “200 Best Franchises to Buy in 2021” and named The Joint Chiropractic franchise to the No. 37 slot and the number two overall in the Health & Wellness category.

Ranked, reviewed, and recommended by real franchise owners, The Joint’s inclusion in the list confirms our franchise opportunity is a wise investment for 2021. Franchise Business Review’s list is a key indicator that The Joint Chiropractic’s straightforward business model is allowing entrepreneurs to thrive in business.

“We’re honored to be ranked so high on Franchise Business Review’s list of the ‘200 Best Franchises to Buy in 2021,’” says Peter Holt, President and CEO of The Joint. “The fact that our high ranking comes from our franchisees is strong validation that our business model is working and that they’re happy in their businesses. We’re experiencing strong growth in terms of sales and franchise development and we’re looking forward to welcoming more entrepreneurs to our franchise network this year.”

Founded in 1999, The Joint Chiropractic has revolutionized the chiropractic industry by making access to chiropractic care more affordable and accessible than ever before. With more than 550 locations, The Joint Chiropractic is helping communities coast to coast heal from chronic back and neck pain. As a business opportunity, The Joint Chiropractic is as straightforward as it gets. With a low investment, proven business model, strong unit economics, and exceptional support, the time to invest in The Joint Chiropractic is now.

Ready to bring the fastest-growing chiropractor franchises to your community?

This healthcare franchise’s business model is simple, straightforward, and quick to scale. This benefits both franchisees and their customers. For in-depth details about The Joint Chiropractic healthcare franchise opportunity, download the free franchise information report.

Fast-growing chiropractic franchise earns our highest ever position on Entrepreneur’s Franchise 500 list for 2021

The Joint Chiropractic^® is off to a great start for the year. Entrepreneur^® magazine named The Joint chiropractor franchises as the #1 brand in our category and awarded us our highest ever position on the most prestigious list in franchising, “The Franchise 500.”

After coming in at No. 58, The Joint’s ownership of the chiropractic is a testament to the resiliency of our business model in the wake of COVID-19, our continued record-breaking expansion across the country, our rapidly growing brand recognition, our strong culture of support, and our tremendous unit-level economics.

Since our founding in 1999, The Joint revolutionized the chiropractic industry by making access to chiropractic care more accessible, affordable and convenient than ever before. By doing away with the need for insurance and by focusing on fundamental chiropractic care, The Joint is able to treat more patients than traditional clinics could ever imagine. With over 600 locations open across the country, The Joint has become a mainstay of the health & wellness economy, helping people find holistic relief from neck and back pain.

As a business opportunity, The Joint is as straightforward as it gets. With a low footprint, low overhead, and a limited number of employees to get started, The Joint is the rare essential business that is recession-resistant and offers the potential for strong unit-level economics.

“We’re honored to be named No. 1 in our category,” says Peter D. Holt, President and CEO of The Joint. “We’ve proven how resilient our brand is as well as how vital our services are to the communities who rely on us. By being named an essential business, we’re able to operate no matter what happens to the rest of the economy and our owners are able to focus on delivering a service that their patients desperately need. We look forward to continued growth in 2021 and beyond.”

Ready to bring the fastest-growing of the chiropractor franchises to your community?

This healthcare franchise’s business model is simple, straightforward, and quick-to-scale. This benefits both franchisees and their customers. For in-depth details about The Joint Chiropractic healthcare franchise opportunity, download the free franchise information report.

The fast-growing healthcare franchise celebrates another banner year

2020 was a year for the history books. In a year beset by challenges, there were also many silver linings. While much of the economy was impacted by the pandemic, a new category of business emerged: essential businesses. These businesses are allowed to continue to operate because the services they provide are deemed essential to American way of life. For businesses like The Joint Chiropractic^® healthcare franchise, this means helping people find holistic relief from back and neck pain.

Being allowed to remain open also meant that our franchise owners were able to quickly recover from the pandemic, and as the lockdowns eased, our patients came back to us in masse with many of our clinics experiencing record high patient counts.

“We’re experiencing a ton of momentum as we enter 2021,” says Peter D. Holt, CEO and President of The Joint Chiropractic. “We’ve made a strong recovery from the pandemic. Systemwide sales are up, and so are patient counts, which reveal how much our patients value chiropractic care, especially during uncertain times.”

The Joint Chiropractic franchise opens new clinics at a rapid clip

While many brands struggled with franchise development during the pandemic, interest in The Joint Chiropractic continued to surge throughout.

The Joint Chiropractic opened 70 new clinics in 2020 and sold 121 licenses for new clinics. A large portion of the growth comes from multi-unit investors, as 29 new franchise owners purchased 51 licenses, with an even larger share of the growth coming from existing franchise owners reinvesting in the brand.

“We’re tremendously proud of our strong growth in 2020,” says Eric Simon, SVP of Franchise Development with The Joint Chiropractic. “It’s incredibly validating to see how many existing franchise owners are reinvesting in the brand by buying additional licenses; that is proof that our business model is working. As we move forward into 2021, we expect our rapid growth to continue as more and more entrepreneurs discover that you can own a business that offers both tremendous unit-level economics and the ability to help people find relief from pain.”

Ready to bring the fastest growing of the chiropractor franchises to your community?

This healthcare franchise’s business model is simple, straightforward, and quick to scale. This benefits both franchisees and their customers. For in-depth details about The Joint Chiropractic healthcare franchise opportunity, download the free franchise information report.

Premier business publication ranks the fast-growing chiropractic franchise high on the list of wise investment opportunities

Forbes magazine, the premier business publication, recently published their list of “America’s Best Small Companies,” and we’re proud to report that The Joint Chiropractic chiropractor franchises made the cut.

Coming in at No. 13, The Joint Chiropractic® was named to the list based on our strong sales growth over the past 12 months – a period of time that was dominated by the challenges of the global pandemic. The fact that The Joint was able to quickly rebound as an essential business, meet the needs of patients across the country, as well as continue to open new clinics coast to coast, is a strong indicator of the strength of The Joint Chiropractic’s proven business model

“Forbes’ list of America’s Best Small-Cap Companies was compiled using data from FactSet,” the magazine writes. “We screened for companies with a market value between $300 million and $2 billion, positive sales growth over the past 12 months, and a share price of at least $5. Financial institutions, REITs, utilities, and limited partnerships were excluded as were companies public for less than one year.”

“The rankings are based on earnings growth and sales growth for the latest 12 months and over 5 years, one-year and 5-year return on equity and 52-week total return,” Forbes continues. “We gave more weight to the latest-12 month and 1-year data in the ranking. All data is as of November 25, 2020.”

Of the 50 companies listed, The Joint Chiropractic is the only chiropractic franchise to be included on the list, which shows the strength of our concept and our dominance in the market. Forbes reports that The Joint Chiropractic experienced a 36.5% ROI for investors over the time researched to compile the list as well as generated $55.5 million in revenue for the same period of time.

“We couldn’t be prouder to be named one of America’s best small companies by Forbes magazine,” says Peter Holt, President and CEO of The Joint Chiropractic. “This is strong validation of our concept, our franchise model, and the work that our operators do to help people find a holistic approach to pain management. We project that 2021 will be an even stronger year for our brand.”

Ready to bring the fastest-growing of the chiropractor franchises to your community?

For in-depth details about The Joint franchise opportunity, download the free franchise information report.

How a family of entrepreneurs became one of the most successful franchise owners in the The Joint Chiropractic network

Gordon and Marvin Thornton always knew that they would be in business together – they just needed the right opportunity at the right time. As brothers, they watched each other’s careers with pride from afar – and sometimes very far indeed, as Marvin was often abroad serving in the U.S. military, while Gordon became successful as an entrepreneur.

Gordon was a multi-unit franchise owner with Massage Envy when he decided to invest in The Joint Chiropractic^®. While both brands operated in the booming health & wellness segment, The Joint allowed Gordon the ability to own a business that provided an affordable, convenient, and accessible way for people to heal from back and neck pain.

“You’re helping people feel better every day,” he says. “I’ve seen what chiropractic care did for my wife – it’s helped her treat her pain issues holistically and effectively. It’s hard not to be passionate about owning a business that makes this big of an impact on people’s lives. It’s also far easier to run than other businesses I’ve owned – McDonald’s was very hard to operate and even Massage Envy was a lot harder.”

Marvin was stationed in Afghanistan when he got the call from his brother asking him to join him in his new venture with The Joint. Seven years later, when Marvin retired as a Colonel with 28 years of service, it was finally the right time for the brothers to go into business together.

“I remember reading the brochure when I was stationed overseas and I couldn’t wait to be a part of it,” Marvin says. “When I retired after 28 years in the military, it was the right time to get involved. I loved the simplicity of the business. I loved how accessible it was to customers. The Joint has truly opened up the benefits of chiropractic care to a much larger extent than ever before.”

Now, the brothers have eight clinics together in the Washington, D.C., area, and are now, along with Gordon’s wife, Mia, the Regional Developers for Maryland and Washington, D.C.

“There’s so much potential for entrepreneurs to do well in this business,” Mia says. “The unit-level economics are outstanding and there’s an incredible demand for holistic pain management. We’ve seen our clinics continue to grow and the pandemic proved just how essential we are to our patients. The Joint provides exceptional support in real estate, marketing, and more, and we’re also here to guide entrepreneurs at a local level.”

With plans to develop up to 30 clinics in the Maryland and Washington, D.C., area over the next few years, this family business is looking towards a bright future of their own making.

“It’s been such a rewarding experience, both personally and professionally,” Gordon says. “We’re creating opportunities for entrepreneurs, for chiropractors, and providing great places to work. We’re helping people feel better every time they come to see us. It’s a fun business to be a part of and it’s even better that we get to do it with family. There’s nothing better than that.”

Ready to bring the fastest-growing chiropractic franchise to your community?

For in-depth details about The Joint franchise opportunity, download the free franchise information report or hear another The Joint franchise review from more of our franchisees.

The Joint Chiropractic® influences life and career in “Lift U Up” podcast with Tamika Bickham

As an NFL linebacker for the Tampa Bay Buccaneers, Kevin Minter knows a lot about aches and pains. His tenure in the NFL has led him to be passionate about chiropractic care in order to keep healthy – which made him a perfect fit to invest in The Joint Chiropractic franchise.

The Joint was founded in 1999, with a mission to improve the quality of life through affordable and convenient access to chiropractic care. Minter’s passion for health & wellness as an NFL superstar was in perfect alignment with The Joint’s mission.

Minter currently owns two franchise clinics in the Atlanta market and now, he is ready to expand into South Florida. To discuss his growth plans, passion for chiropractic care, and why he invested in The Joint, Minter recently appeared on “Lift U Up,” a podcast hosted by Tamika Bickham, an award-winning TV journalist.

“We picked a territory in South Florida because we know those communities are focused on health and wellness,” Minter explains. “When I started to understand the franchise system, I wished I had done it sooner. It’s a straightforward business that’s affordable to own and I was giving back to my community.”

On the podcast, Minter explains how chiropractic care has helped him personally, helping him heal from injuries and keep him game ready. As a franchise owner with The Joint, Minter now gets to spread the benefits of chiropractic care, helping people heal from the back and neck pain that is limiting their quality of life.

“Chiropractic care has been essential to my training and my wellness,” Minter reveals. Investing with The Joint was personal to him. It is an investment for your future well-being and not only as it relates to business. “As your body ages, it becomes more about movement and maintaining strength, whereas it used to be all about building muscle,” he admits. Jokingly, he says “NFL” should also stand for “Not For Long,” because he knows he can’t play this game forever.

Click here to listen to the full episode.

Ready to bring the fastest-growing chiropractic franchise to your community?

For in-depth details about The Joint franchise opportunity, download the free franchise information report.

The largest chiropractic franchise in the nation continues its expansion with new clinics to open before the end of 2020  

Despite a challenging year, The Joint Chiropractic® continues its pace as one of the fastest growing chiropractic franchises in the nation. Recently, the company announced that it is expanding to Kentucky.  

With more than 500 locations across the country, The Joint has grown by revolutionizing access to chiropractic care. For two decades, our chiropractic franchise has earned a reputation for our convenient retail setting and concierge-style services, which means no appointments or insurance hassles, as well as accommodating hours of operation and, most importantly, affordable chiropractic care for patients. 

New franchise owners, Carla Stampfli and her son, Jonathan Stampfli, plan to open three new clinics in Lexington, while Barry Goodman and Taylor Abrams — who serve as part of The Joint’s R&D team — have plans for one clinic in Bowling Green, Kentucky. All clinics will be opened and operated through chiropractic corporations authorized to practice in Kentucky, and all clinics are slated to open by the end of 2021. 

 

For nearly three years, the Stampfli family has searched for the right business opportunity to invest in. They had almost given up hope until Jonathan visited a childhood friend in St. Louis, who recently graduated from Logan University, and now works as a substitute doctor of chiropractic for The Joint. 

“After my friend encouraged me to look into The Joint’s business model, I was impressed by the look and feel of it,” says Jonathan Stampfli. “The more I researched The Joint, I loved the fact that it was focused on wellness. The fact that patients could come on a regular basis to stay healthy, so they didn’t have pain, was amazing to me.”

Carla Stampfli says she was “over the moon” when her son shared that he had finally found the right business opportunity for them. 

“We’ve been wanting to start our own family business for quite some time now,” she says. “After my son introduced me to The Joint, I was just as impressed with the business model. Although I’m retired as a tax accountant, I also have a medical background and ran the front office for a neurologist. It was at that time I decided I didn’t like working with insurance companies because of all the hassles that came along with it. So, when I learned that The Joint didn’t require insurance, I was extremely happy.” 

Joining The Joint’s franchise family and operating a business will be new for Jonathan and Carla Stampfli. The Joint has been helping entrepreneurs like the Stampfli’s thrive in business since 1999. With a proven business model that is straightforward to manage, and quick to scale, The Joint sets new owners up for success from the start by teaching them how to manage every aspect of the business. This includes everything from training, to site selection, to construction, to grand opening, and much more. 

The Stampfli family credit The Joint’s R&D management team, Taylor Abrams and Barry Goodman, for their exceptional support and guidance during this time.  

“The Joint has a phenomenal support team,” says Carla Stampfli. “We’re excited to get our doors open, and, depending on how we do with these clinics, we definitely have plans to scale the business even more.”

Ready to bring the fastest-growing chiropractic franchise to your community?

For in-depth details about The Joint franchise opportunity, download the free franchise information report.