The Joint Franchise Shows Increased Sales and Growth in Q1 2022
Growth is forefront in 2022 for The Joint Chiropractic
The Joint Chiropractic has reached several new milestones: from Q1 2021 to Q1 2022, we grew revenue by 28%, increased system-wide sales by 27% and opened the most locations of any first quarter in the company’s history. A commitment to franchise growth was paramount for The Joint Chiropractic, and we followed through by opening 27 new locations in Q1 2022, more than doubling the number in Q1 2021.
The Joint Chiropractic also announced new regional developer (RD) territory rights acquired in Northern New Jersey in March and in Northern California in April.
Peter D. Holt, President and CEO of The Joint Chiropractic, recently spoke about The Joint’s current success and plans to continue rapid franchise growth, saying, “We are confident in our plan to overcome the near-term macro environment, build upon our strong foundation, and drive toward our goal of opening 1,000 clinics by the end of 2023.”
Grow within the chiropractic care industry
Here are some great reasons you should consider investing in the chiropractic industry:
1. Chiropractor Industry Size
The chiropractic industry in the United States is projected to grow over the next few years. From 2019 to 2020, the industry experienced notable growth even with the hardships of the pandemic, showing that even in times of need, a healthcare franchise like The Joint is a great investment.
2. Popular Among Consumers
Chiropractic services have increasingly become more and more needed as consumers look for options other than visiting the doctor. The perk of not requiring insurance for service means customers don’t need to jump through extra hoops to receive service. A survey shows 53% of US adults visited a chiropractor for neck or back pain, with than 35 million Americans being treated annually.
3. Open Market
There aren’t many large operators in the chiropractic market, with about 40,000 chiropractic offices open in the United States. With millions of Americans looking for a holistic, surgery-free way to treat back pain, now is a great time to invest in this in-demand service.
Join The Joint Franchise Family Today!
The Joint Chiropractic is ushering in a new era of mainstream credibility for the chiropractic industry by making access to care more affordable, accessible, and convenient than ever before. Founded in 1999 with a mission to improve the quality of life through routine and affordable chiropractic care, The Joint Chiropractic has successfully introduced the benefits of chiropractic care to the 21st-century consumer, who desires fast, affordable, and quality care on their own terms.
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.