The Joint Chiropractic Soars to New Heights On Entrepreneur Magazine’s 40th Annual Franchise 500® List
Chiropractic Care Service Franchise Ranked in the Top 25 Percent of Prestigious List
February 08, 2019 // Franchising.com // SCOTTSDALE, Ariz. - The Joint Chiropractic announced today that it has been named to Entrepreneur magazine’s Franchise 500® list, considered the world’s first, best and most comprehensive franchise ranking. Categorized under the “Health” section, The Joint has been rated number 109 overall.
The prestigious award validates the progress the company has made in the past year. In 2018, the brand added more than 47 clinics, bringing the total to 442 clinics to communities throughout the United States.
“We are honored to receive this ranking,” said Peter Holt, CEO of The Joint. "We look forward to building upon this growth in 2019, as we form new relationships, expand into new markets, and offer our existing franchisees continued support. We are proud to continue providing communities across the nation with affordable chiropractic care.”
The key factors that go into Entrepreneur’s evaluation include costs and fees, size and growth, support, brand strength, and financial strength and stability. All franchises are given a cumulative score based on more than 150 data points, and the 500 franchises with the highest cumulative scores become the Franchise 500® in ranking order.
“As we celebrate 40 years of producing the Franchise 500, it’s a good opportunity to step back and look at how much has changed since that first ranking in 1980,” says Jason Feifer, editor in chief of Entrepreneur. “While the franchise business model has changed little, the strongest franchise brands are constantly evolving and innovating to keep up with changing trends and technology.”
The Joint is reinventing the chiropractic sector by not requiring insurance, making quality healthcare affordable for patients seeking pain relief and ongoing wellness. The convenience doesn’t stop there - The Joint does not require patients to book appointments. By welcoming walk-ins and strategically placing locations near high-traffic shopping centers, grocery stores and retail areas, consumers have easier access to the clinics and can seamlessly visit a licensed chiropractor without disrupting their daily lives.
Additionally, The Joint’s unique membership model allows patients to customize ongoing treatment plans or take part in preventative care on a weekly basis. Plus, chiropractors across the company’s network have secure access to patient files, meaning members can use their membership at any The Joint clinic. Through pain management and ongoing treatment plans, The Joint and its doctors operate with a noble purpose to change the way people live their lives.
Entrepreneurially spirited individuals interested in owning a The Joint Chiropractic franchise should have the ability to invest between $181,250 - $341,050, which includes working capital and a typical franchise fee of $39,900. Ideal franchise candidates are individuals who share the company’s passion for health and wellness, including chiropractors looking to launch a business or supplement their independent practice, multi-concept franchise owners and investors interested in pursuing semi-absentee business ownership.
Over its 40 years in existence, the Franchise 500® has become both a dominant competitive measure for franchisors and a primary research tool for potential franchisees. The Joint’s position on the ranking is a testament to its strength as a franchise opportunity.
To view The Joint in the full ranking, visit www.entrepreneur.com/franchise500.
To learn more about The Joint Chiropractic visit: www.thejoint.com.
For more information on The Joint Chiropractic’s franchise opportunities, visit www.thejointfranchise.com.
About The Joint Chiropractic
Based in Scottsdale, Arizona, The Joint is an emerging growth company that is reinventing chiropractic care by making quality care convenient and affordable for patients seeking pain relief and ongoing wellness. Its no-appointment policy and convenient hours and locations make care more accessible, and affordable membership plans and packages eliminate the need for insurance. With more than 400 clinics nationwide and over four million patient visits annually, The Joint is a leader in the chiropractic profession. For more information, visit www.thejoint.com. For more information about The Joint’s franchise opportunities, visit www.thejointfranchise.com.
About Entrepreneur Media Inc.
For 40 years, Entrepreneur Media Inc. has been serving the entrepreneurial community providing comprehensive coverage of business and personal success through original content and events. Entrepreneur magazine, Entrepreneur.com, and publishing imprint Entrepreneur Press provide solutions, information, inspiration and education read by millions of entrepreneurs and small business owners worldwide. To learn more, visit entrepreneur.com.
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