- 2021 Franchise 500 Rank
#58 Ranked #78 last year
- Initial investment
$183K - $379K
- Units as of 2020
546 42.2% over 3 years
About The Joint Corp.
More from The Joint Corp.
The Joint Chiropractic Franchise
The fastest growing chiropractic franchise is a smart investment for entrepreneurs and chiropractors seeking to own a business The Joint Chiropractic revolutionized the $15 billion chiropractic industry by making chiropractic care more accessible, convenient and affordable than ever before.* Founded in 1999, The Joint has grown to more than 460 locations throughout the country, helping millions of people in the process find relief from neck and back pain. The rapid success of The Joint, now the fastest growing chiropractic franchise in the nation, is due to the straightforward business model that is easy to understand, quick to scale and meets a real need in the communities we serve. As a result, entrepreneurs with zero experience in the chiropractic industry, as well as chiropractors with significant experience, are choosing to franchise with The Joint.
“We haven’t revolutionized chiropractic care; the reason why we’re so powerful is that we have revolutionized access to chiropractic care,” says Peter Holt, President of The Joint. “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. 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 over 30 years, and predominantly small box retail space, 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.”
Top Reasons to Join The Joint Chiropractic
Here are the top reasons The Joint Chiropractic franchise is an attractive business model for investors and chiropractors alike:
Easy to build /Quick to open
- Simple construction and build-outs with a small footprint
- Easy approvals for real estate
- Approachable build-out that is consumer-friendly
A simple operating model
- Minimal employees (3-4) at initial opening/launch
- Primary employee responsible for the execution of the business model is a licensed Doctor of Chiropractic
- Patient files and paperwork are electronic, streamlining operations and facilitating patients’ ability to visit clinics throughout the U.S.
Meet Our Franchisees
“I can leave the office now. I don’t have to be there all of the time because I am no longer a one man show. I have a whole team of people getting Memphis better and I allows me to go home spend a little more time with my family.”
– Pat Kolwaite, owner of three franchise locations with The Joint in Memphis, Tennessee
“As soon as I left The Joint, I immediately wanted to invest in The Joint. I was looking at franchising with Jimmy John’s, but after experiencing The Joint and speaking to their executive team, I knew that this was a business where I could do something positive for my community. The support of the executive team has been phenomenal. They have helped with site selection and provided a lot of guidance as to how to hire the right chiropractor. We’ve been successful without even having to market ourselves very much — people see our clinics next to their favorite stores or restaurants, and they come in curious. When they discover that we’re affordable and offer a membership model, it is very easy to win them over. Our model creates a pathway for our walk-in customers to return.”
– Chris Kemper, franchisee / manager of three franchise locations with The Joint in Nashville, Tennessee
“When you’re going through school, it’s year round and you come out with $200,000 in debt. My wife and I were looking at The Joint throughout chiropractic college. It was pretty enticing to us to get into a franchise where we wouldn’t be alone. The license prices aren’t too high and the build-outs are pretty simple. The Return on Investment is terrific, especially if you’re working the office as the chiropractor, which I am doing in my franchise. The Joint helps out a lot, especially with build-outs and picking the location. The Joint was an easy fit for me.”
– Dr. Chris Judge, owner of The Joint franchise clinic in Scottsdale, Arizona
- The Joint’s ratio of average or expected sales vs. capital invested is outstanding and compares favorably to many other franchises you may be considering
- Easy to scale up to multiple units
- The model is service-based, with little to no cost of goods sold. The lack of insurance administration means the chiropractor has the capacity to treat more patie
- Franchising Since
- 2003 (18 years)
- # of employees at HQ
- Where seeking
This company is seeking new franchisees throughout the US.
- # of Units
- 546 (as of 2020)
Information for Franchisees
Here’s what you need to know if you’re interested in opening a The Joint Corp. franchise.
Financial Requirements & Ongoing Fees
Here’s what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
- Initial Franchise Fee
Definition: The initial fee paid to a franchisor to join their system
What you need to know: Found in Item 5 of the FDD, this may be a flat fee, or may vary based on territory size, experience, or other factors.The franchise fee is an up-front (one-time) cost that a new franchisee pays to the franchisor. This fee is usually due at the signing of the franchise agreement and covers the right to use the franchisor's trademarks, name, and related business systems.
- Initial Investment
- $183,497 - $378,697
Definition: The total amount necessary to begin operation of the franchise
What you need to know: The initial investment includes the franchise fee, along with other startup expenses such as real estate, equipment, supplies, business licenses, and working capital. This is outlined in a chart in Item 7 of the FDD, showing a range of possible costs from low to high.
- Net Worth Requirement
Definition: The minimum net worth you must have in order to qualify to become a franchisee of this company
What you need to know: Net worth is the value of a person's assets minus liabilities. Assets include cash, stocks, retirement accounts, and real estate. Liabilities include items like mortgages, car payments, and credit card debt.
- Cash Requirement
Definition: The minimum liquid capital you must have available in order to qualify to become a franchisee of this company.
- Veteran Incentives
- 15% off first-unit franchise fee
Definition: A discount or other incentive offered to military veterans who buy a franchise with this company.
- Royalty Fee
Definition: A ongoing fee paid to the franchisor on a regular basis.
What you need to know: Most franchisors require franchisees to pay an ongoing royalty fee, which is detailed in Item 6 of the FDD. This fee is typically a percentage of weekly or monthly gross sales, but may also be a flat weekly, monthly, or annual fee.
- Ad Royalty Fee
Definition: An going fee paid to the franchisor on a regular basis to support advertising or marketing efforts.
What you need to know: This may also be called advertising fee, marketing fee, brand fund fee, and more, but the basic purpose is the same-- to support promotion of the brand systemwide. As with the royalty fee, it is detailed in Item 6 of the FDD, and can be a percentage of weekly or monthly gross sales or a weekly, monthly, or annual fee.
- Term of Agreement
- 10 years
Definition: The length of time your franchise agreement will last.
What you need to know: Franchise terms are typically anywhere from 5 to 20 years in length, but are sometimes instead dependent on factors such as the term of your lease. Once your term is up, you may have the option to renew your agreement, typically for a smaller fee than the original franchise fee.
- Is franchise term renewable?
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
- Third Party Financing
- The Joint Corp. has relationships with third-party sources which offer financing to cover the following: startup costs, equipment, inventory, accounts receivable, payroll
Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
- On-The-Job Training
- 35 hours
- Classroom Training
- 26.25 hours
- Ongoing Support
Purchasing Co-opsNewsletterMeetings & ConventionsGrand OpeningOnline SupportSecurity & Safety ProceduresLease NegotiationField OperationsSite SelectionProprietary SoftwareFranchisee Intranet Platform
- Marketing Support
Co-op AdvertisingAd TemplatesNational MediaRegional AdvertisingMarketing Planning & SupportSocial MediaSEOWebsite DevelopmentEmail Marketing
Additional details about running this franchise.
- Is absentee ownership allowed?
Definition: Absentee ownership means that the franchisee does not actively work in the franchise business or manage day-to-day operations.
- Can this franchise be run from home/mobile unit?
Definition: The business can be run from your home and/or a vehicle, and it is not necessary to have a retail facility, office space, or warehouse.
- Can this franchise be run part time?
Definition: This business can be run by the owner on a part-time basis (less than 40 hours per week) and/or as a side business; it is not necessary for the business to be open/run full-time.
- # of employees required to run
- Are exclusive territories available?
Definition: An exclusive territory is a fixed area in which you are given the right to operate and in which no other units of the same franchise may be opened.
What you need to know: Territory size may be based on factors such as radius, population size, zip codes, and more. Details can be found in Item 12 of the FDD.
Franchise 500 Ranking History
Compare where The Joint Corp. landed on this year’s Franchise 500 Ranking versus previous years.
Curious to know where The Joint Corp. ranked on other franchise lists? Find out below.
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