The Joint Claims #78 Spot on Entrepreneur’s Franchise 500 List
The fastest-growing chiropractic care franchise cracks the prestigious ranking for the fourth consecutive year
The Joint Chiropractic, the fast-growing chiropractic care franchise, recently ranked No. 78 on Entrepreneur magazine’s Franchise 500 list, making the list for the fourth consecutive year.
For the past 41 years, the Franchise 500 has not only become a competitive measure for franchisors, but also serves as a primary research tool for potential franchisees. The Joint’s position on the ranking is a testament to its strength as a franchise opportunity.
Founded 20 years ago by a doctor of chiropractic who wanted to make chiropractic care more friendly and affordable, The Joint has since revolutionized access to chiropractic care by offering a convenient retail setting and concierge-style services including no appointments, no insurance and accommodating hours of operation. Today, The Joint has more than 500 locations nationwide, helping millions of people find relief from neck and pain.
“We’ve made pain management so much easier for people by placing our clinics in small-box retail settings, next to where we get our coffee, our groceries and cut our hair,” explains Peter Holt, President and CEO of The Joint. “The reason why so many entrepreneurs and chiropractors are investing in The Joint is because our unit economics are so strong. I’ve been building and managing franchise systems for 30 years 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.”
What makes The Joint franchise a best-bet investment?
With the New Year underway, countless Americans have resolved to get healthy. This is where The Joint shines. We are at the forefront of helping people heal from daily back and neck pain without the use of prescription drugs. In 2019, practitioners working for our franchise performed more than 7 million consumer adjustments, up from six million in 2018. Now, with over 500 locations nationwide, our growing chiropractic franchise is a substantial business that meets an incredible demand for holistic pain management.
As a franchise opportunity, The Joint is a timely investment when considering the growing health and wellness industry in the U.S.; which is projected to reach $15 billion by 2024, according to Report Buyer. The Joint allows entrepreneurs to capitalize on consumers’ commitment to get healthy and find relief from pain in a proven business model that is easy to understand and quick to scale. The best part? Entrepreneurs do not have to have chiropractic experience to own The Joint Chiropractic franchise.
“From an investment perspective, most of your costs are fixed,” says Eric Simon, Vice president of Franchise Sales and Development at The Joint. “You have a small number of employees, one or two wellness coordinators to serve as your front desk staff, and one or two doctors, depending on your volume. Because the model is so simple to understand, you can scale very quickly because you can do this over again.”
Ready to bring the fastest-growing chiropractic franchise to your community?
If you’re thinking about opening your own The Joint Chiropractic Franchise, explore our research pages here! We offer a wealth of information for potential franchise owners, including the history of The Joint Chiropractic, along with average revenue and startup costs to help you envision yourself within our nationwide clinics.
If you are ready to take the first step in your journey to owning your own franchise, fill out our franchise information form, and a member of our team will be in contact soon to discuss any next steps.