The Joint Chiropractic - Franchise
The Joint Chiropractic makes quality healthcare affordable and convenient for patients while simplifying operations for chiropractors and investors. The best part is, you don't need healthcare or chiropractic experience to become a franchisee. We are a cash based, no-insurance model which allows for fewer employees, stronger cash flow and higher earnings potential. Our no-appointment policy and membership based recurring revenue model allows greater patient access, higher patient counts and a strong referral base. Our clinics are quick to open and scalable. We provide a simple operating model with no cost of goods.
Requirements
Financial requirements for this franchise:
Liquid Capital: | $100,000 What does Liquid Capital mean? |
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Net Worth: | $250,000 What does Net Worth mean? |
Franchise Fee: | $39,900 What does Franchise Fee mean? |
Total Investment: | $211,400 - $339,900 What does Total Investment mean? |
Options
Options available to franchisees:
Financing: | Via 3rd party |
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Training: | Available |
Veteran Discount: | Yes |
Franchisor Details
Facts about this franchise:
Total Units: | 380+ opened and operating |
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Home Office: | Scottsdale, AZ |
Year Founded: | 1999 |
Franchising Since: | 2003 |
What Does a The Joint Chiropractic Franchise Cost?
To buy a franchise with The Joint Chiropractic, you'll need to have at least liquid capital of $100,000 and a minimum net worth of $250,000. Franchisees can expect to make a total investment of $211,400 - $339,900. The Joint Chiropractic charges a franchise fee of $39,900. They also offer financing via 3rd party as well as a discount for veterans. *
What Is The Joint Chiropractic Franchise?
A membership-based franchise is an excellent opportunity for investors and chiropractors seeking to own their own business.
The Joint has taken the chiropractic industry by storm and risen from a small number of stores to over 380 locations open across the country in less than a decade. The Joint offers customers a monthly membership and low costs for basic chiropractic care — with an initial visit costing only $29. No appointments required, no insurance needed and offering extended evening and weekend hours has given an entire generation of customers access to the health and wellness benefits of chiropractic care.
A proven business model makes The Joint franchise a smart investment.
The Joint has been so successful as a franchise system that Entrepreneur named us the “Best of the Best” franchise in the healthcare services segment for 2016. We’re not new to praise: The same publication has included us in their prestigious “Franchise 500” list each year since 2012. Inc. named us to their annual list of fastest-growing franchise systems and Franchise Times recently recognized our franchise in the top 10 of their "Fast and Serious" list.
Top Reasons To Join The Joint Chiropractic
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 — a highly educated professional who has invested upwards of $200,000 in eight years of post-secondary education
- A stable workforce. No need for large numbers of specialized employees outside of the primary chiropractor
- No inventory required for the execution of ongoing operations
- Patient files and paperwork are electronic, streamlining operations and facilitating patients’ ability to visit clinics across the U.S.
Attractive Economics
- The Joint’s ratio of average or expected sales versus capital invested is outstanding and compares favorably to many other franchises you may be considering
- Easy to scale-up to multiple units
- Most expenses required to sustain ongoing operations of the business model are fixed. 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 patients. This allows economies of scale to prevail once gross revenues exceed expenses, yielding significant incremental profitability.
Note: Some states do not permit an unlicensed person to own or operate a chiropractic practice or clinic. In those states you would own a chiropractic management franchise that provides management services to an affiliated professional chiropractic practice. Please consult our Franchise Disclosure Document (FDD) for more information about this structure.
Do I Have to Be a Chiropractor?
A simple business model makes The Joint an exciting opportunity for entrepreneurs and for investors without prior medical or chiropractic experience.
Why The Joint is a great business for investor-owners.
At its core, The Joint is an easy-to-scale, membership-based franchise model. True, 100 percent of our care is administered by experienced and licensed chiropractic doctors, but that doesn’t mean you can’t participate in this fast-growing and potentially-lucrative business if you are a business investor who sees the opportunity.
Why chiropractic doctors are choosing The Joint.
In the fragmented $14 billion chiropractic industry, traditional chiropractors are often tucked away in the far corners of medical parks and office complexes. The process of scaling a business, winning new patients and delivering the kind of care studied in chiropractic school is thwarted at every turn by chasing after insurance payments (which help to make the cost of a visit more expensive) and offering services beyond the scope of traditional chiropractic care, just to be competitive. Rather than focusing on delivering quality care to their patients, chiropractors are hamstrung by hours of paperwork related to insurance co-pays. In a model like this, it is no wonder that chiropractors are rapidly joining The Joint as either doctors or franchise owners in record numbers.
The Joint has flipped the traditional chiropractic industry on its head.
The Joint has returned chiropractic care to its roots by offering only spinal adjustments conducted by hand. The business model has been shaped with ease and affordability in mind for our customers, as well as ease and profitability for our franchise owners. Our gym-like membership model not only does away with the need for insurance, but it also drives a consistent revenue stream to our franchise owners. The fact that The Joint clinics are in retail settings where walk-ins are encouraged means that The Joint is able to win new customers more frequently by being accessible to people in the places that they love to go.
Request Franchise Info
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Awards
The Joint Chiropractic has received the following awards and acknowledgements:
#94 on Inc. 500/5000, 2013 #44 Inc. 500/5000, 2014 Entrepreneur #32 Fastest Growing Franchises, #183 on Franchise 500, 2015 Entrepreneur #1 Franchise: Healthcare Category, #154 Franchise 500, 2016 Entrepeneur "Best of the Best" Healthcare Service franchise, 2017 Entrepreneur #129 Franchise 500; Franchise Gator Top 100 (2018); Franchise Gator Fastest Growing (2017, 2018)
Availability
The Joint Chiropractic is currently accepting inquiries from the following states:
Alaska, Alabama, Arkansas, Colorado, Connecticut, District Of Columbia, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, North Carolina, North Dakota, Nebraska, New Hampshire, New Jersey, Nevada, New York, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West Virginia, Wyoming
Interested parties should have at least $100,000 in liquid capital to invest.
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