| # The Joint
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|
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| - Brand slug: the-joint
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| - Legal name: The Joint Corp
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| - Industry: Health & Medical
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| - FDD year: 2025 (NASAA EFD)
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| - Source: https://www.nasaaefd.org/Franchise/Search
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| - FranchiseDepth page: https://franchisedepth.com/franchise/the-joint/
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| - Hand-checked against the FDD: yes
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|
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| ## Fees and investment (Items 5-7)
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| - initial_fee_low_usd: 39,900
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| - initial_fee_high_usd: 39,900
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| - royalty_pct: 7
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| - royalty_min_monthly_usd: 700
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| - marketing_fee_pct: 2
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| - marketing_min_monthly_usd: not disclosed
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| - tech_fee_monthly_usd: 599
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| - total_investment_low_usd: 245,250
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| - total_investment_high_usd: 543,000
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| - liquid_capital_usd: not disclosed
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| - net_worth_usd: not disclosed
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|
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| ## Fee notes
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| Standard $39,900. 2025 Sales Incentive: Franchise Agreements signed in 2025 (through December 31, 2025) received an additional 50% discount off the initial franchise fee ($19,950 instead of $39,900). Veterans $6K discount ($33,900). Multi-clinic $10K discount per additional unit ($29,900). DC Path to Ownership $19,900 discount ($20,000). Non-combinable except 2025 Incentive. Local Advertising Commitment: the franchisee must spend the greater of 5% of Gross Sales or $3,000 per month on local advertising, paid to third parties and in addition to the Brand Fund Fee; compliance is measured on a rolling 6-month basis, and a shortfall may be charged at 10% of the deficiency, paid into the Brand Fund.
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| ## Outlets, closure rate, growth and all-in fee
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| - total_outlets: 970
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| - franchised_outlets: 845
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| - company_outlets: 125
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| - states_count: 41
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| - closure_rate_pct: 1.6
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| - closures: 33
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| - closures_not_itemized: 0
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| - reacquired: 19
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| - franchised_outlet_years: 2122
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| - closure_year_from: 2022
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| - closure_year_to: 2024
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| - closure_ranking_eligible: yes
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| - growth_pct: 15.8
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| - growth_outlets_from: 838
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| - growth_outlets_to: 970
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| - growth_year_from: 2022
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| - growth_year_to: 2024
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| - growth_ranking_eligible: yes
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| - all_in_fee_pct: 9
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| - all_in_basis: royalty + marketing fund
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|
|
| ## Comparable revenue
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| - annual_revenue_usd: 527,787
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| - basis: median, All 785 Franchised Clinics (785 outlets)
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|
|
| ## Item 19 figures
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| | metric | cohort | outlets | avg | median | min | max | period | page |
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| |---|---|---|---|---|---|---|---|---|
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| | Gross Sales | Quartile 1 (Top 25%) | 196 | 913,466 | 859,413 | 709,832 | 1,941,371 | Calendar Year 2024 | 54 |
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| | Gross Sales | Quartile 2 | 196 | 606,178 | 598,158 | 528,193 | 707,745 | Calendar Year 2024 | 54 |
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| | Gross Sales | Quartile 3 | 196 | 456,472 | 458,545 | 386,649 | 527,787 | Calendar Year 2024 | 54 |
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| | Gross Sales | Quartile 4 (Bottom 25%) | 197 | 303,525 | 314,895 | 122,807 | 386,417 | Calendar Year 2024 | 54 |
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| | Gross Sales | All 785 Franchised Clinics | 785 | 569,571 | 527,787 | 122,807 | 1,941,371 | Calendar Year 2024 | 54 |
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| | Net Profit | All Qualifying Outlets (406 Franchised) | 406 | 105,050 | 91,488 | -154,839 | 721,629 | Calendar Year 2024 | 54 |
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| | Net Profit | $1M+ Gross Sales (26 Clinics) | 26 | 354,878 | 359,774 | 161,790 | 721,629 | Calendar Year 2024 | 55 |
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| | Net Profit | Quartile 1 | 102 | 248,208 | 233,132 | 13,828 | 721,629 | Calendar Year 2024 | 55 |
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| | Net Profit | Quartile 2 | 101 | 128,663 | 123,390 | -51,377 | 268,186 | Calendar Year 2024 | 55 |
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| | Net Profit | Quartile 3 | 101 | 62,556 | 59,820 | -108,150 | 200,453 | Calendar Year 2024 | 56 |
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| | Net Profit | Quartile 4 | 102 | -19,413 | -15,383 | -154,839 | 75,866 | Calendar Year 2024 | 56 |
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| | Weekly Patient Visits (Total) | Quartile 1 | 196 | 489 | 467 | 380 | 845 | Calendar Year 2024 | 57 |
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| | Weekly Patient Visits (Total) | Quartile 2 | 196 | 324 | 320 | 280 | 380 | Calendar Year 2024 | 57 |
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| | Weekly Patient Visits (Total) | Quartile 3 | 196 | 241 | 243 | 203 | 279 | Calendar Year 2024 | 57 |
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| | Weekly Patient Visits (Total) | Quartile 4 | 197 | 162 | 167 | 64 | 202 | Calendar Year 2024 | 57 |
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| | Weekly Patient Visits (Total) | All 785 Clinics | 785 | 304 | 279 | 64 | 845 | Calendar Year 2024 | 57 |
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| | Weekly Patient Visits (New Patients) | Quartile 1 | 196 | 31 | 28 | 23 | 78 | Calendar Year 2024 | 57 |
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| | Weekly Patient Visits (New Patients) | Quartile 2 | 196 | 20 | 20 | 18 | 23 | Calendar Year 2024 | 57 |
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| | Weekly Patient Visits (New Patients) | Quartile 3 | 196 | 16 | 15 | 13 | 18 | Calendar Year 2024 | 57 |
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| | Weekly Patient Visits (New Patients) | Quartile 4 | 197 | 11 | 11 | 4 | 13 | Calendar Year 2024 | 57 |
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| | Weekly Patient Visits (New Patients) | All 785 Clinics | 785 | 19 | 18 | 4 | 78 | Calendar Year 2024 | 57 |
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| | Active Members (Monthly) | Quartile 1 | 196 | 980 | 901 | 743 | 2,864 | Calendar Year 2024 | 57 |
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| | Active Members (Monthly) | Quartile 2 | 196 | 642 | 638 | 545 | 742 | Calendar Year 2024 | 57 |
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| | Active Members (Monthly) | Quartile 3 | 196 | 463 | 465 | 381 | 545 | Calendar Year 2024 | 57 |
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| | Active Members (Monthly) | Quartile 4 | 197 | 295 | 312 | 146 | 381 | Calendar Year 2024 | 57 |
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| | Active Members (Monthly) | All 785 Clinics | 785 | 595 | 545 | 146 | 2,864 | Calendar Year 2024 | 57 |
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| | Gross Sales Ramp Up | Month 1 (57 new clinics 2024) | 57 | 8,217 | not disclosed | not disclosed | not disclosed | Monthly Gross Sales, clinics opened in 2024, measured through December 31, 2024 | 57 |
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| | Gross Sales Ramp Up | Month 2 (55 clinics) | 55 | 16,240 | not disclosed | not disclosed | not disclosed | Monthly Gross Sales, clinics opened in 2024, measured through December 31, 2024 | 57 |
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| | Gross Sales Ramp Up | Month 3 (51 clinics) | 51 | 20,995 | not disclosed | not disclosed | not disclosed | Monthly Gross Sales, clinics opened in 2024, measured through December 31, 2024 | 57 |
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| | Gross Sales Ramp Up | Month 4 (46 clinics) | 46 | 23,313 | not disclosed | not disclosed | not disclosed | Monthly Gross Sales, clinics opened in 2024, measured through December 31, 2024 | 57 |
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| | Gross Sales Ramp Up | Month 5 (43 clinics) | 43 | 24,720 | not disclosed | not disclosed | not disclosed | Monthly Gross Sales, clinics opened in 2024, measured through December 31, 2024 | 57 |
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| | Gross Sales Ramp Up | Month 6 (40 clinics) | 40 | 25,982 | not disclosed | not disclosed | not disclosed | Monthly Gross Sales, clinics opened in 2024, measured through December 31, 2024 | 57 |
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| | Gross Sales Ramp Up | Month 7 (32 clinics) | 32 | 27,282 | not disclosed | not disclosed | not disclosed | Monthly Gross Sales, clinics opened in 2024, measured through December 31, 2024 | 57 |
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| | Gross Sales Ramp Up | Month 8 (28 clinics) | 28 | 27,339 | not disclosed | not disclosed | not disclosed | Monthly Gross Sales, clinics opened in 2024, measured through December 31, 2024 | 57 |
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| | Gross Sales Ramp Up | Month 9 (24 clinics) | 24 | 29,446 | not disclosed | not disclosed | not disclosed | Monthly Gross Sales, clinics opened in 2024, measured through December 31, 2024 | 57 |
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| | Gross Sales Ramp Up | Month 10 (23 clinics) | 23 | 30,379 | not disclosed | not disclosed | not disclosed | Monthly Gross Sales, clinics opened in 2024, measured through December 31, 2024 | 57 |
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| | Gross Sales Ramp Up | Month 11 (15 clinics) | 15 | 29,939 | not disclosed | not disclosed | not disclosed | Monthly Gross Sales, clinics opened in 2024, measured through December 31, 2024 | 57 |
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| | Gross Sales Ramp Up | Month 12 (8 clinics) | 8 | 32,029 | not disclosed | not disclosed | not disclosed | Monthly Gross Sales, clinics opened in 2024, measured through December 31, 2024 | 57 |
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|
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| ## Franchised outlet turnover by year (Item 20 Table 3)
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| | year | start | opened | terminated | non-renewed | reacquired | ceased | transferred | end |
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| |---|---|---|---|---|---|---|---|---|
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| | 2022 | 610 | 123 | 0 | 0 | 16 | 5 | 46 | 712 |
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| | 2023 | 712 | 104 | 0 | 1 | 3 | 12 | 24 | 800 |
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| | 2024 | 800 | 60 | 0 | 0 | 0 | 15 | 41 | 845 |
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|
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| ## Agreement terms (Item 17)
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| - term_years: 10
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| - renewal_count: 1
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| - renewal_term_years: 10
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| - renewal_fee: You must: not be in default; give us timely notice; sign then-current form of franchise agreement and related documents; sign general release (subject to state law); pay renewal fee; pay clinic design fee and remodel Clinic in accordance with new Clinic Design; upgrade furniture, fixtures and equipment to current standards; and extend lease for duration of renewal term.
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| - transfer_fee: You must: be in compliance with Franchise Agreement; assign lease (if applicable); pay transfer fee; subordinate transferee's ongoing payments owed to you (if any) to transferee's financial obligations owed to us; and sign general release (subject to state law).
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| - cure_period_days: 30
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| - noncompete_post_term_years: 2
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| - noncompete_post_term_radius_miles: 10
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| - dispute_resolution: mediation
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| - governing_law_state: AZ
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| - fdd_page: 46
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|
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| ## Revenue relative to cost (revenue is not profit)
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| - comparable_annual_revenue_usd: 527,787
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| - investment_midpoint_usd: 394,125
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| - revenue_to_investment: 1.34
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| - royalty_pct: 7
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| - revenue_per_royalty_point_usd: 75,398
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|
|
| ## Rank against peers
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| | metric | value | rank | peers | peer median | order | peer group |
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| |---|---|---|---|---|---|---|
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| | inv_low | 245,250 | 6 | 8 | 159,300 | lowest first | Chiropractic |
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| | fee_low | 39,900 | 4 | 8 | 39,950 | lowest first | Chiropractic |
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| | royalty | 7 | 31 | 72 | 7 | lowest first | Health & Medical |
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| | allin | 9 | 39 | 72 | 8 | lowest first | Health & Medical |
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| | outlets | 970 | 1 | 8 | 71 | highest first | Chiropractic |
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| | growth | 15.8 | 16 | 35 | 11.4 | highest first | Health & Medical |
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| | closure | 1.6 | 7 | 33 | 5.6 | lowest first | Health & Medical |
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|
|
| ## Similar alternatives (closest first)
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| 1. Maxliving (same sub-category; investment from $167,600)
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| 2. Pure Health Chiropractic (same sub-category; investment from $151,000)
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| 3. 100% Chiropractic (same sub-category; investment from $339,742)
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| 4. ChiroWay (same sub-category; investment from $113,350)
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| 5. Federal Injury Centers (same sub-category; investment from $94,300)
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| 6. The Wellness Way (same sub-category; investment from $75,400)
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| 7. HealthSource Chiropractic (same sub-category; investment from $435,932)
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| 8. Hydrate IV Bar (same industry; investment from $242,050)
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| 9. Positive Reset (same industry; investment from $240,550)
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| 10. QC Kinetix® (same industry; investment from $250,100)
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| |
