The Joint Chiropractic Franchise’s Tremendous Year in Review
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.”
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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.