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The Joint Chiropractic is the #3 Fastest Growing Company in the U.S.

Fortune magazine ranks the top-rated franchise and corporate chiropractic services provider as one of the fastest growing companies on prestigious list

For several years, The Joint Chiropractic has been one of the fastest growing franchise and corporate brands in the nation – and now, according to Fortune magazine, The Joint Chiropractic is one of the fastest growing companies in the nation.

In fact, Fortune magazine ranked The Joint Chiropractic #3 on their prestigious annual list of the fastest-growing companies for 2021.

This is the big time. The Joint Chiropractic outranked major players such as Etsy, Amazon, Netflix, Cigna, Adobe, Progressive, Facebook, and 90 other major brands in the finance, healthcare, entertainment, and beyond.

To compile the list, Fortune used strict criteria:

  • A company must be trading on a major U.S. stock exchange
  • File quarterly reports with the SEC
  • Have a minimum market capitalization of $250 million and a stock price of at least $5 on June 30, 2021; and have been trading continuously since June 30, 2018.
  • Companies must have revenue and net income for the four quarters ended on or before April 30, 2021, of at least $50 million and $10 million, respectively, and
  • Companies must have posted an annualized growth in revenue and earnings per share of at least 15% annually over the three years ended on or before April 30, 2021.

“Companies that meet these criteria are ranked by revenue growth rate, EPS growth rate, and three-year annualized total return for the period ended June 30, 2021,” Fortune reports.

“This list is strong validation that The Joint Chiropractic is continuing to head in the right direction,” says Peter Holt, President and CEO of The Joint Chiropractic. “We’re incredibly proud of our strong recovery from the recent pandemic, our continued growth of opening new clinics across the country, our tremendous unit level economics, and our ability to meet the needs of our patients who seek to find affordable and holistic ways to heal their pain. As we look towards 2022, we’re excited to continue to build on the momentum going forward.”

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

This healthcare franchise’s business model is 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 Joint Chiropractic Franchise Review: Meet Barry Goodman

How a health & wellness entrepreneur became a Regional Developer with the fast-growing chiropractic franchise

 As an entrepreneur in the health and wellness segment for decades, Barry Goodman has a passion for owning businesses that make people feel better and improve their overall quality of life at The Joint Chiropractic Franchise.

Goodman found that calling in The Joint Chiropractic franchise, and now owns several clinics across multiple states. He also serves as the Regional Developer for Florida and Kentucky where the opportunity for new clinics is incredibly strong.

In this candid interview, Goodman opens about why The Joint Chiropractic is a great business to own in markets both large and small, the current opportunity for expansion in Kentucky, and why owning a business that makes people feel better, makes him feel good as an owner.

The Joint Chiropractic Franchise

Q: What’s the best part about running your own business?

A: Because you’re your own boss. I answered to myself, and if I was going to be successful it depended on myself. And I think the most important thing was being able to take what I’ve learned and to multiply it into other successful locations.

Q: What was it about The Joint Chiropractic that attracted you?

A: When I saw that The Joint Chiropractic was expanding here in Nashville with other locations, I said, “Well, maybe they were becoming successful.” And I reached out and met the franchisee here locally and liked what I saw. And visited Scottsdale to The Joint corporate offices and talked to them about the opportunity. And the rest is history. I got involved and bought my first franchise in August 2016.

Q: Were you hesitant to enter chiropractic care without previous experience?

A: Of course, but a lot of it has to do with the training that you get and how well the franchisor wants to scrutinize their franchisees. I visited a lot of locations, and met with a lot of franchisees, they were not really chiropractors themselves. They didn’t have any medical backgrounds. They were entrepreneurs like myself.

Q: What is the demand for chiropractic care?

A: It’s getting bigger and bigger, which is very encouraging. Our audience and potential customer patient numbers are vast. I could also see one of the most important things was making sure we got a great location. And I soon figured out that not only location is key, but also the chiropractor themselves.

Q: What’s the opportunity like in Kentucky for growth?

A: The demand is going to be good. I feel that in the next three years, we’ll completely have the state occupied with franchisees and clinics in Kentucky.

Q: Why are entrepreneurs drawn to The Joint Chiropractic?

A: We can see the successes of our employees. The strength of the model is straightforward enough to go and take what you learn on the first and second unit and go buy a third and fourth. And that’s exactly what’s happening with present franchisees.

Q: What do customers love about The Joint Chiropractic?

A: There’s no question about it, it’s a patient experience. They come in, and we put them through a recovery stage. So, if they’re in pain, then we want to address that pain immediately and get them in as many times as possible. Then we have the relief stage, basically we’re going to maintain and make sure that they’re stabilizing the pain they’ve had.

Q: What are your hopes going forward?

A: Being a multi-unit franchisee, I like to build companies. I like to see the successes of the employees. I like to see them move up the ladder and take roles into being more of middle management. I’ve got a couple of people that are area managers with our company now. They’re looking to become franchisees, and I take a lot of pride in seeing that. So I think I see that, not only having maybe 10 to 20 clinics myself, but also seeing a lot of other people that presently are working for us in our clinics, growing and becoming franchisees like myself as well.

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

This healthcare franchise’s business model is 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 Joint Chiropractic Franchise Review: Meet Noah Stone

How an entrepreneur found a meaningful life in business with the fast-growing chiropractic franchise

Noah Stone is one of the most successful multi-unit owners in The Joint Chiropractic franchise network, and he’s not done yet.

The Joint Chiropractic Franchise

Stone came to The Joint Chiropractic because he recognized the strength of the business model, as well as the pent up demand for accessible chiropractic care. In this wide-ranging interview, Stone speaks to why The Joint Chiropractic is a great business to own and why his patients love his clinics and much, much more.

Q: Where were you working before The Joint Chiropractic?
A: I had several experiences coming from fairly humble beginnings and being one of the first people in my family to graduate from college. I had some corporate jobs doing financial analysis, and I then helped my father build a business. I was a stockbroker for a while, then mortgages as well as real estate, and was really unfamiliar with franchising until my wife introduced me to it.

Q: How did you find The Joint Chiropractic?
A: I was assisting my wife on a remodel of one of her businesses, and the contractor that we were using and I had hit it off and we were talking and he had asked me if I had heard of The Joint Chiropractic , which I had not. And I said, “Well, can you tell me more about it?” So the contractor actually told me about it. The contractor was in our network of a group of small business owners. And he told me I needed to reach out to the regional developer of the concept and talk to them more about it.

Q: When did you realize it was a good fit?
A: The numbers made sense. Being analytical by nature and having a finance background, I did some evaluation of the potential of the profession. And finding studies, chiropractic, medical, physical therapy studies, that talked about anywhere from three quarters to 80% of the population suffering from some type of musculoskeletal condition that could be addressed through some type of physical therapy, including chiropractic. And then realizing in those same studies that chiropractic only had about 3% market penetration, as far as utilization by the general public. And most of it seemed to be around injury, whether it was a car accident or other acute condition, and almost none of it was oriented towards wellness.

Q: What numbers most struck you?
A: There was an obvious opportunity, where 75% to 80% of the population is open to this type of treatment, and could benefit from it, however there’s only utilization of approximately 3-5%. You’re looking at three quarters of the population could benefit and partake in our care. And that from just a very high level, sensible standpoint, from a numbers perspective made sense. And then the membership model that we’re familiar with from my wife’s prior franchise, it’s a very strong business model once that residual income begins to flow. And seeing how it was structured made a lot of sense. So between the understanding that there was pent up demand and potential demand there, and understanding the business model and the strength of it, it made a lot of sense.

A: Have you seen more and more people come to chiropractic care as a part of their preventative wellness strategy?
Q: Oh yeah, absolutely. Part of the greater task that we have in introducing our services to the public is education. Helping them understand the application of chiropractic, how it’s intended to treat the body, how it’s intended to work and not only alleviate pain, but prevent pain. Giving people a mindset that your body is a biological machine, just like your car is a machine. It takes fuel, it creates waste, it breaks down, it gets old and those things require maintenance. So when we talk about pain, that’s typically someone’s motive.

A: How has the support been from corporate offices?
Q: They exceed my expectations on a daily basis. This management team is beyond exceptional. They never leave a doubt that they’re concerned about the successes of franchisees. And it’s brought me closer to the brand as well. Before we stayed in our lane and did our operations within our clinics and did what we could do to operate our businesses as best as possible. But I’ve seen this increased engagement by our corporate team, and their true concern about franchisees at every level. I currently operate six clinics, have a seventh clinic in construction, and have two more to develop after that.

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

This healthcare franchise’s business model is 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.

Franchise Business Review Awards Praises The Joint Chiropractic Franchise’s Strong Culture

The fast-growing chiropractic franchise focuses on culture to help support franchise owners’ growth

A strong culture is a terrific sign that a chiropractic franchise brand has their priorities right – and that’s why it was an immense recognition that The Joint Chiropractic® was listed on Franchise Business Review’s awards for the top 100 companies with the best workplace culture.

“Creating a winning culture among its franchise owners is always going to be a key driver of success for any franchise brand,” Franchise Business Review reported. “And the verification for that commitment is being named one of the top companies named to Franchise Business Review’s Culture100™.”

Franchise Business Review asked more than 24,800 franchisees from more than 224 brands a series of 12 specific questions that focused on leadership, core values, honesty and integrity, as well as overall company support.

But questions were also geared toward lifestyle, such as: “Do you enjoy being part of the organization?”, “Do you feel valued?”, and “Would you recommend the company to someone considering buying a franchise?”

The Joint Chiropractic checked all the boxes, and stood out for the company’s core values, honesty, integrity and overall support for their franchisees.

“We’re proud to be recognized for our franchisee relations and engagement,”,” says Jorge Armenteros, Vice President of Operations with The Joint. “This award not only demonstrates the favorable feedback of our franchise system, but also validates the effective business model and package of support that we’ve put together for our franchise owners.”

Indeed, The Joint Chiropractic offers franchisees support every step of the way. Initial training includes a week of in-clinic training at a regional training clinic, followed by a week of corporate training and new clinic opening support. Ongoing training and ongoing support, as well as consulting, is offered through our local Regional Developers and Franchise Business Consultants through the learning center LMS platform.

The Joint Chiropractic Franchise receptionist hands paper to patient

Also, our Regional Developers and Franchise Business Consultants work with franchisees to identify opportunities to improve revenue and patient experience by analyzing all aspects of a clinic’s performance. Support tools include labor optimization models, one page business plans and tool kits covering every aspect of the business.

The Joint Chiropractic franchise offers a no insurance, no appointment cash-based membership where patients can come into a clinic on their own schedule and receive care in any one of the company’s 600-plus locations in the U.S. And what’s driven success is our brand’s strategy, which focuses on accessibility of care, credibility of our providers and empathy toward our patients who are experiencing physical pain.

“Our model not only offers the potential for strong unit economics, but it also provides the opportunity to own a business that has a noble purpose,” says Eric Simon, Vice President of Franchise Development with The Joint. “Our franchise owners are helping people in their communities manage their pain and improve their lives on a daily basis. The ease and simplicity of our model makes this a great business for people of all backgrounds, and our robust support infrastructure makes it easy for franchise owners to scale. This is a business that can make a tremendous impact, not only in the lives of our franchise owners, but also in the lives of their patients.”

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 Joint Chiropractic Franchise Review: Meet Mia, Marvin, & Gordon Thornton

How a family of entrepreneurs found success with the fast-growing chiropractic franchise

For the Gordon’s, opening a clinic with The Joint Chiropractic® wasn’t just about the potential profits and opportunities for growth, it was just as important to provide a service to their community and gave back. As a family unit, they found that calling in The Joint’s esteemed reputation for providing chiropractic franchise care.

“I had been in franchising for more than 40 years,” says Gordon Thornton. “And as we were building The Joint brand, it seemed to be the perfect opportunity for all of us.”

Gordon and his wife, Mia, and brother, Marvin, are now one of the highest performing franchise clinics in the country. More recently, the Thorntons have taken on a new role as Regional Developer of the Washington D.C. and Maryland market, with unprecedented growth on the horizon.

“Franchising allows you to be in business for yourself, but not by yourself,” Gordon said. “And what I really appreciated about The Joint was its very simple, streamlined business model. And, it’s a business that’s easy to scale and grow in multiple locations over multiple geographical locations. More than that, we saw the opportunity to really help people.”

The Joint Chiropractic Franchise

In this interview, the Thornton’s talk about why they love their business, what opportunities are available for aspiring entrepreneurs and their hopes for the future.

Q: What’s the most emotionally rewarding aspect of running The Joint Chiropractic?
Mia: We are changing lives across the globe. The Joint Chiropractic franchise has over 600 locations nationwide, and over 1,600 licensed chiropractors. And last year, The Joint treated more than 8 million patients. Every day we wake up and I say, “Okay, we are doing something great. We are adding value back to our community.” And we’re making it affordable and convenient, which of course adds value to it as well.

Q: For potential franchisees, if they’ve never been in business before, how does The Joint Chiropractic help owners become successful?
Gordon: One is the operating platform itself. The operations manual is very well written, it’s easy to understand, easy to follow. In addition to that, there is hands-on and onsite training that takes place that allows you the opportunity to practice the things you learned in the operations manual. There’s also a new franchisee training class. Typically, it would be at corporate headquarters, but right now in the COVID environment, it’s primarily virtual. But even still, it adds to your ability to understand the operating model before you even open your first clinic.

Q: What kind of ongoing support is there?
Gordon: As you’re open and operating, you have a network of people there to support you, like field representatives at the corporate office. Your fellow franchisees are a great source. Part of the benefits of a franchise organization is that you are associated with other people who are walking the same walk and talking the same talk. So, you have this extensive list of people to reach out to who’ve experienced whatever problem or situation you’re dealing with at the moment, and most likely, has the answer for you.

Q: Why is the business model so straightforward and simple to operate?
Mia: The Joint Chiropractic has really modernized chiropractic care. With our no appointment walk-ins welcome, no insurance hassle model, it keeps it very straight to the point. We only perform routine chiropractic adjustments. So we are a wellness-based clinic. The model itself is simple. We just do chiropractic adjustments.

Q: And how has business been?
Marvin: Our clinics perform extraordinarily well. Even during the COVID environment, a steady level of new patients are coming in and we’ve seen an increase in certain areas. We’ve been able to remain viable in providing routine affordable chiropractic care to provide relief to our patients.

Q: What are your plans as Regional Developers?
Gordon: We want to recruit new franchisees into the business to bring in new thinking, new blood, and help us expand the footprint. And, our real goal is to develop the marketplace so that we can provide routine and affordable chiropractic care to this great population base that is in the greater Washington, D.C. and Maryland areas. And once we recruit them, we want to help them find their initial location, guide and support them through the build-out process and also to work with them on their pre-opening, marketing, operations, hiring, and training.

Q: What qualities do you need to thrive as an owner with The Joint Chiropractic?
Mia: We are looking for people to be in business, not by themselves, but for themselves. Ultimately, we want ambitious, determined individuals who are passionate about chiropractic care, preferably consumers of chiropractic, because when you are receiving chiropractic care, you immediately become passionate about it because of what it’s doing for you.

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 Franchise healthcare opportunity, download the free franchise information report.

The Joint Chiropractic Franchise is Helping Veterans in Pain

The fast-growing chiropractic health franchise opens clinics on military bases to help veterans heal

The physical toll taken by our members of the military is unparalleled in any other profession or public service, which is why The Joint Chiropractic® health franchise is honored to announce the company is providing on-installation chiropractic care to several military bases across the U.S.

Recently, the Joint Corp., the nation’s largest provider of chiropractic care through The Joint Chiropractic network, announced its three initial target locations: the Luke Air Force Base in Phoenix, Ariz., MacDill Air Force base in Tampa, Fla. and Joint Base McGuire-Dix-Lakehurst in Trenton, New Jersey.

“We’re proud to offer even more convenience to our patients and their families of the armed services,” said Peter D. Holt, President and CEO of The Joint Corp. “Our members of the military put their bodies through extraordinary stresses in the performance of their duties. The benefits of chiropractic care can positively impact and enhance their overall wellness, as they carry out their role in defending our nation.” 

Time and again, chiropractic care for our members of the military who undergo the rigors of protecting the nation has proven vitally beneficial to their health. A decade-long study by the Defense Department, for instance, showed chiropractic care significantly helped service members with back pain, improved isometric strength by 5% and increased endurance by 14%.

“Based on the results, the investigators concluded that chiropractic care improves key fitness characteristics among active-duty service members with lower back pain and could lead to improved military readiness in such individuals,” the report notes.

health franchise

The Joint Chiropractic’s agreement with the Army & Air Force Exchange Service provides even more convenience and access for members of the military and their families. The Exchange operates more than 4,900 facilities in more than 30 countries, 50 states and four U.S. territories, with an eligible customer base of 33 million active-duty and retired service members and their families.

“Having served five overseas tours, I have seen firsthand the toll military life can put on the body. I have personally experienced how chiropractic care helps restore movement and reduce discomfort to the body brought on from serving in the Armed Forces,” Major Barrett McNabb, U.S. Army (Retired) and multi-unit owner at The Joint Chiropractic, said. “I’m proud to be part of an organization working to serve this special group through this new relationship with the Exchange in offering convenient chiropractic services on base.”

Another study from the Journal of General Internal Medicine that looked at 142,539 active duty Army personnel with chronic pain receiving nonpharmacological treatments, such as chiropractic care, also saw increased joint mobility, improved immunity and better sleep and overall health. For many researchers, the benefits of chiropractic care for military members are just being discovered.

Which is why, in part, The Joint Chiropractic offers the Military Appreciate Program, a year-round program that offers active and retired military and National Guard personnel and veterans, as well as immediate family, an initial visit for only $19, and a $10 discount for monthly wellness plans or chiropractic care packages. The Joint Chiropractic is committed to making sure our military has the access it needs to improve quality of life through routine chiropractic care.

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.

Entrepreneur Magazine Names The Joint Chiropractic as No. 1 Health Franchise

Fast-growing chiropractic franchise earns the top spot on list of health & wellness franchise opportunities

The Joint Chiropractic®, the fastest growing chiropractic franchise in the country, has claimed the top spot on Entrepreneur Magazine’s 2021 Franchise 500 list after being named the No. 1 franchise in the Health category.

“This recognition is yet another signal that this is the right time for entrepreneurs to invest in a smart business model that not only has a proven and successful track record, but also provides customers with everyday pain relief,” said Peter D. Holt, President and CEO of The Joint Corp.

Entrepreneur magazine, the premier source for everything small business, releases its esteemed ranking every year. The Joint not only claimed the number one spot in the Health category, but also moved up 20 positions  from last year.

“We call them the ‘best of the best’—the franchises that ranked not only in our increasingly competitive Franchise 500 list this year but also at the top of their respective industry categories,” Entrepreneur magazine said.

Companies that make the list were evaluated on more than 150 data points, such as areas of cost and fees, size and growth, franchisee support, brand strength, as well as financial strength and stability.

The Joint was recognized for boasting nearly 550 clinics as of 2020, showing a more than 42% increase over the past three years.

The Joint Chiropractic health franchise customers talk to receptionist

Founded in 1999, The Joint has changed the $15 billion chiropractic industry by making chiropractic care more accessible, convenient and affordable than traditional chiropractic clinics.

“We haven’t altered chiropractic care; the reason we’re so influential is that we have revolutionized access to chiropractic care,” Holt said.  “We’ve made access to pain management convenient for people by placing our clinics in small box retail settings, next to where we get our coffee, our groceries and cut our hair.”

For entrepreneurs, The Joint offers simple construction and build outs with a small footprint, which improves  the real estate approval process. 

A simple operating model is also attracting more aspiring business owners than ever. Clinics require minimal staffing, and the primary employees who are responsible for carrying out the business model is a licensed Doctor of Chiropractic. Patient files and paperwork, too, are electronic and streamlined. 

“The reason why so many entrepreneurs and chiropractors are investing in The Joint is because our unit economics are so strong,” Holt said. “I’ve been building and managing franchise systems for over 30 years, and predominantly small box retail space, and I have never seen such strong unit economics. On top of that, pain isn’t going away. We’re looking for ways to manage our pain in a holistic way, and that is what The Joint provides.”

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 Joint Chiropractic Franchise Review: Meet Stacie Shakarian

Multi-unit franchisee opens up about what she loves about life in a chiropractic franchise 

Stacie Shakarian is a co-franchisee with six clinics in Arizona and California with her husband Aaron, who is also a Doctor of Chiropractic. Stacie decided to pursue a career with The Joint Chiropractic® after many years in corporate America. She is passionate about her new role as a chiropractic franchise owner because of how many people she gets to help as one of the most successful franchise owners in the system.

Stacie and Aaron Shakarian

But the Shakarian’s are always looking to grow, planning to open three more clinics this year and in the process of purchasing four licenses in their home state of Michigan.

In this conversation, Stacie talks about how she got involved in The Joint Chiropractic franchise, what she loves about her businesses, and why investing in The Joint is the best decision she and her husband have made on a professional level.

Where were you working before The Joint?

I was working for General Motors, and I did not envision myself leaving. I’m from Michigan and I enjoyed the job. And that’s where a lot of my friends worked. But The Joint was too good of an opportunity to pass up.

How did you find The Joint?

General Motors moved me to Arizona, which is the corporate headquarters of The Joint. My husband is a chiropractor and he was recruited by The Joint. And he went to work for The Joint’s corporate office and was so excited with the business model because he felt it was very relevant for the times.

Why is that?

Slowly over the years, health insurances weren’t covering chiropractic. If someone were in a car accident, you would sometimes be waiting two years to receive a check from the insurance company. So, it became more and more difficult to be a chiropractor. But The Joint is a membership, cash-based business model perfect for the times right now we’re in.

How is The Joint different from traditional chiropractic clinics?

Traditional chiropractic clinics are not walk-in. And they’re not usually open extended hours from 10 a.m. to 7 p.m. And most are not open seven days a week. So, The Joint has really capitalized on the needs of people nowadays. Most people do not have time to schedule an appointment. And the fact that it’s open seven days a week; we’re very busy on Sundays.

Where are your clinics located?

We have three in Arizona and three in Ventura County, California. Our clinics are in very popular retail centers that are usually featured on the news. We always like to make it to where a family can be out shopping and then stop in The Joint and then continue on with their day.

And how has business been?

Financially, we’re making more money than I ever thought that we would make in our careers. It’s been exciting, that’s why we keep expanding, because patients want to come to every clinic we open. It just grows very quickly because people see the value in it. But it’s also been very exciting for us to be able to provide for our families. 

What are your long-term goals?

My hopes are to just keep growing and to keep identifying the needs of our patients. And we’re in the process of purchasing four franchises in Michigan. It’s exciting to be able to bring The Joint back to the Detroit area.

Would you recommend The Joint to aspiring entrepreneurs?

I don’t think there is a better opportunity out there. Not only can you feel good about what you’re doing, you can also feel that you’re able to provide a lifestyle for your family and one that you can be proud of.

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 Joint Chiropractic Franchise Continues Trend of Strong Unit Economics

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 Joint Chiropractic Franchise

“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 Joint Chiropractic Ranks #5 on Franchise Gator’s List of Top 100 Franchise Opportunities

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.

The Joint healthcare franchise Franchise Gator Top 100

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.

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