The Joint Chiropractic Named Best Health Care Franchise
‘Entrepreneur’ magazine names fastest-growing chiropractic franchise as the best franchise opportunity in the health care segment
The Joint, the nation’s fastest-growing chiropractic franchise, was recently named best health care franchise opportunity by Entrepreneur magazine as part of their annual ranking of the top franchises by category. This is the second consecutive year The Joint has been honored with this distinction.
The list is compiled with the extensive data used to determine the magazine’s “Franchise 500,” widely regarded as the preeminent franchise ranking system. The magazine provides entrepreneurs with the franchise systems that are “at the peak of their industry,” with their “Simply the Best: The Top Franchises in 110 Categories.”
“With more than 1,000 companies applying for the 2018 Entrepreneur Franchise 500, just getting on our list was an achievement,” the publication states. “But some companies rose even higher above the rest, claiming the highest ranking in their category.” The 2018 Franchise 500 rankings, from which this list is derived, are determined by an evaluation of more than 150 data points in the areas of costs and fees, size and growth, franchisee support, brand strength and financial strength and stability.”
The Joint recently celebrated 400 locations open across the country, a milestone that few franchise systems reach. This speaks to the long-term viability of the brand — the explosive growth that The Joint is experiencing is the direct result of the brand’s making access to chiropractic care more affordable and accessible than ever before. The Joint also has opened up the possibility of owning a chiropractic clinic to entrepreneurs who have no experience in the chiropractic industry.
“We’re extremely honored to be named as the No. 1 health care franchise by Entrepreneur magazine,” says Eric Simon, Vice President of Franchise Sales & Development with The Joint. “This is a transformative business in two ways. The Joint has completely disrupted the way chiropractic care is delivered by making it more affordable and more convenient for consumers, and The Joint is a business model with high profit potential that provides entrepreneurs with a chance to provide a meaningful service in their community. This is why The Joint is the fastest-growing chiropractic franchise in the nation and why we’re going to continue to grow well into the future.”
Founded in 1999, The Joint is leading the way in making chiropractic care an essential and affordable part of health and wellness for millions of people seeking relief from back, neck and joint pain. As a result, The Joint can treat many more patients than a traditional chiropractic clinic by a large margin. According to the brand’s most recent Franchise Disclosure Document, The Joint reported weekly patient visits that were 152 percent higher than those at individually owned clinics.
The Joint also significantly outperforms traditional chiropractic clinics by a large margin. According to the brand’s most recent FDD, the average gross sales for all the franchise clinics in operation in 2016 was $320,765, which is a 27.60 percent increase over last year’s number and nearly $60,000 above what independent clinics reported during 2016.
“Every month in business is better than the month before,” says Chad Eads, a multi-unit franchisee with The Joint in Asheville, North Carolina. “If there is a ceiling, we have not hit it yet. The Joint is really making access to chiropractic care more affordable and more accessible than ever before, and we’ve experienced this at our clinics in Asheville.”
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About The Joint Chiropractic
Based in Scottsdale, Arizona, The Joint is an emerging growth company that is reinventing chiropractic care by making quality care convenient and affordable for patients seeking pain relief and ongoing wellness. The brand’s no-appointment policy and convenient hours and locations make care more accessible, and affordable membership plans and packages eliminate the need for insurance. With more than 400 clinics open or in development nationwide and over 4 million patient visits annually, The Joint is a leader in the chiropractic profession. For more information about The Joint’s franchise opportunities, visit www.thejointfranchise.com.
The Joint Corp. is a franchisor of clinics and an operator of clinics in certain states. In Arkansas, California, Colorado, Florida, Illinois, Kansas, Minnesota, New Jersey, New York, North Carolina, Oregon, Pennsylvania, Tennessee and Washington, The Joint and its franchisees provide management services to professional chiropractic practices.
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.