Forbes Names The Joint Chiropractic Franchise “One of America’s Best Small Companies”
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.”
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About The Joint Chiropractic
The Joint Chiropractic (NASDAQ: JYNT) revolutionized access to chiropractic care when it introduced its retail healthcare business model in 2010. Today, the company is making quality care convenient and affordable, while eliminating the need for insurance, for millions of patients seeking pain relief and ongoing wellness. With more than 550 locations nationwide and over seven million patient visits annually, The Joint Chiropractic is a key leader in the chiropractic industry. Named on Franchise Times “Top 200+ Franchises” and Entrepreneur’s “Franchise 500®” lists, The Joint Chiropractic is an innovative force, where healthcare meets retail.
The Joint Corp. is a franchisor of clinics and an operator of clinics in certain states. In Arkansas, California, Colorado, District of Columbia, Florida, Illinois, Kansas, Kentucky, Maryland, Michigan, Minnesota, New Jersey, New York, North Carolina, Oregon, Pennsylvania, Rhode Island, South Dakota, Tennessee, Washington, West Virginia and Wyoming, The Joint Corp. and its franchisees provide management services to certain professional chiropractic practices.