SCOTTSDALE, Ariz., Jan. 28, 2022 /PRNewswire/ -- The Joint Corp.
(NASDAQ: JYNT), the nation's largest provider of chiropractic care
through The Joint Chiropractic®
network, continues to gain recognition for its growing retail
healthcare business model. Entrepreneur Magazine,
Franchise Times, and Franchise Business Review are
recognizing The Joint for outstanding performance in growth,
financial strength and stability, and brand power.
"Having validation from these much-admired industry lists
attests to the strength of our brand, as well as our attractive
business model, and most importantly, our profitable and confident
franchise community," said Peter D.
Holt, president and CEO of The Joint Corp. "The Joint Corp.
is honored to be acknowledged by Entrepreneur, Franchise
Times, and Franchise Business Review as we drive to
reach 1,000 units by 2023 and provide communities across the nation
with accessible chiropractic care."
The Joint received the following recognitions in 2021 and
2022:
Entrepreneur's Franchise
500®
The Joint moves up to no. 57. The key
factors in Entrepreneur's evaluation include costs and fees,
size and growth, support, brand strength, and financial strength
and stability. Each franchise is 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.
Franchise Times Fast & Serious
A ranking of the 40 smartest-growing franchises, The Joint jumps
nine spots to number eight on the list. Franchise
Times created a formula to identify fast-growing franchise
systems that also have staying power. The proprietary 10-point
formula includes percentage sales growth, percentage unit growth,
dollar sales growth and numerical unit growth over the past three
years.
Franchise Business Review
The Joint was among
just 50 brands named to a Top Multi-Unit Franchise by Franchise
Business Review (FBR) in its 2021 Top Multi-Unit Franchises
Report. The Joint also received recognition as a Most Profitable
Franchise and a Top Franchise for Veterans. To select the companies
on the list of Top Multi-unit Franchises, FBR analyzed 18
months' worth of data from more than 3,500 franchise owners of
three or more units from nearly 250 franchise brands regarding
their overall satisfaction and their likelihood to recommend them
to others. The Joint Chiropractic is also one of just
50 franchise brands to be named an award-winning franchise in
FBR's 2021 report on the Most Profitable Franchises. To
identify the companies on the list of the most profitable
franchises, FBR analyzed data from more than 25,000 franchise
owners, representing more than 200 brands regarding their
overall satisfaction with their brands and their likelihood to
recommend them to others. In addition, The Joint Chiropractic was
identified by FBR as being one of just 80 franchise brands to be
named an award-winning franchise in its 2021 report on the Top
Franchises for Veterans. FBR analyzed data from more than 2,500
franchise owners, representing nearly 280 brands regarding
their overall satisfaction with their brands and their likelihood
to recommend them to others.
Millions of Americans have found relief from pain due to the
benefits of chiropractic's natural, drug-free approach to
healthcare. The Joint Chiropractic is known for its convenient
retail setting and concierge-style services. For patients, that
means no-appointments, no-insurance hassles, affordable
chiropractic care and accommodating hours of operations, including
evenings and weekends.
About The Joint Chiropractic
The Joint Corp.
revolutionized access to chiropractic care when it introduced its
retail healthcare business model in 2010. Today, it is the nation's
largest operator, manager and franchisor of chiropractic clinics
through The Joint Chiropractic network. The company is
making quality care convenient and affordable, while eliminating
the need for insurance, for millions of patients seeking pain
relief and ongoing wellness. With more than 700 locations
nationwide and nearly 11 million patient visits annually, The
Joint Chiropractic is a key leader in the chiropractic
industry. Ranked number one on Forbes' 2022 America's Best
Small Companies list, number three on Fortune's 100
Fastest-Growing Companies list and consistently named to
Franchise Times "Top 400+ Franchises" and
Entrepreneur's "Franchise 500®" lists, The
Joint Chiropractic is an innovative force, where healthcare
meets retail. For more information, visit www.thejoint.com.
Business Structure
The Joint Corp. is a franchisor of
clinics and an operator of clinics in certain states. In
Arkansas, California, Colorado, District
of Columbia, Florida, Illinois, Kansas, Kentucky, Maryland, Michigan, Minnesota, New
Jersey, New York,
North Carolina, Oregon, Pennsylvania, Rhode
Island, South Dakota,
Tennessee, Washington, West
Virginia and Wyoming, The
Joint Corp. and its franchisees provide management services to
affiliated professional chiropractic practices.
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SOURCE The Joint Corp.