Initial Investment and Startup Costs
A breakdown of the costs and fees associated with investing in the fastest growing chiropractic franchise in the United States
The Joint Chiropractic franchise is an easy business to open and has initial investment costs below those of other small-box retail franchises.
The total investment estimate to begin operations on a new chiropractic franchise ranges from $254,250 to $520,800**, making The Joint a low-cost investment opportunity with potential for high returns. Because our build-out costs are substantially lower than other brands in the health care segment, The Joint offers a quicker ramp-up time, which allows for a potentially faster return on investment. The franchise fee for your first chiropractic franchise is $39,900**.
**See our Franchise Disclosure Document for further information on these fees and investment amounts.
What do I get for my franchise fee? The Joint has one of the most comprehensive support platforms in the entire industry, and will help you with everything from selecting the perfect location for your clinic, to marketing to your community, advice with hiring chiropractors, as well ongoing business and financial coaching.
How do I select a location for my clinic? The Joint is very strategic about where we place our clinics. We utilize Geographic Information System (GIS), combined with comprehensive data on population information in your area, and target high-end, highly visible shopping centers to help you secure the perfect location.
What about financing? To make the investment even more affordable for new franchisees, The Joint has relationships with several third-party financial institutions that may be able to help you with financing.
What markets are available? The Joint has prime territory available in markets throughout the United States.
Here’s our FDD Item 7, which details the specific startup costs of our franchise offering:
| Your Estimated Initial Investment | ||||
|---|---|---|---|---|
| Type of Expenditure | Amount | Method of Payment | When Due | To Whom Payment is to be Made |
| Initial Franchise Fee | $39,900 | Lump Sum | At the time you sign Franchise Agreement | Us |
| Security and Utility Deposits | $3,700 - $5,800 | As Incurred | Before Opening | Landlord and/or Utility Companies |
| Three Month's Rent | $9,000 - $27,000 | Lump Sum | Monthly | Landlord |
| Clinic Design Fee | $1,000 | Lump Sum | At the time you sign the Franchise Agreement | Us |
| Architectural | $8,500 - $20,000 | As incurred | Before Opening | Architect |
| Signage | $5,600 - $9,000 | Lump Sum | Before Opening | Suppliers |
| Office Furniture and Equipment | $5,000 - $7,000 | As incurred | Before Opening | Suppliers |
| Chiropractic or other Professional Equipment | $7,000 - $22,500 | Lump Sum | Before Opening | Suppliers |
| Technology Systems | $6,000 - $11,000 | Lump Sum | Before Opening | Suppliers |
| Business Licenses and Permits | $750 - $1,800 | Lump Sum | Before Opening | Government Agencies |
| Professional Fees | $3,000 - $8,200 | Lump Sum | Before Opening | Attorneys, Accountants, and other Professionals |
| Insurance Premiums | $2,000 - $4,300 | Lump Sum | Before Opening | Insurance Companies |
| Chiropractor Credentialling | $200 - $300 | As incurred | Before Opening | Suppliers |
| Uniforms and Office Supplies | $1,500 - $3,000 | Lump Sum | Before Opening | Suppliers |
| Grand Opening Advertising | $20,000 - $25,000 | Lump Sum | 60 days before through 60 days after opening | Suppliers |
| Additional Funds- three months | $75,000- $105,000 | As incurred | As Incurred | Suppliers, employees, and us |
| TOTAL ESTIMATED INITIAL INVESTMENT | $254,250 - $520,800 | |||
**See our Franchise Disclosure Document for further information on these fees and investment amounts.
We are looking for candidates who have a net worth of at least $350,000 and have access to at least $100,000 in liquid capital, along with a good credit history and score.
Your actual startup costs may vary. To get a more specific view of your costs, fill out the form and start a conversation with us about opening a The Joint franchise location in your market.