The Joint Chiropractic Franchise Opportunities
The Joint Corp. develops, owns, operates, supports, and manages chiropractic clinics in the United States. It operates through direct ownership, management arrangements, franchising, and the sale of regional developer rights.
As of August 9, 2018, the company operated approximately 400 clinics. The company was founded in 1999 and is headquartered in Scottsdale, Arizona.
How to open a The Joint Chiropractic franchise?
- Ensure you have adequate capitalization.
In order to open a The Joint Chiropractic franchise, you must have a net worth of more than $350,000. - Appreciate the investment required for a chiropractic services franchise.
You will need to consider building and real estate costs, the cost of equipment and signs, the costs of licenses and permits, the cost of uniforms, the cost of insurance, etc. - Evaluate your prior experience and strengths.
You should thoroughly evaluate your prior business experience before applying to become a The Joint Chiropractic franchise owner. - Assess market availability.
You will want to look at the market availability for The Joint Chiropractic franchises and see if there are available markets in your location of interest before proceeding with the franchising application. Franchisor will help to choose the right location. - Submit your application.
Your application will be reviewed by the The Joint Chiropractic franchise team. You will be emailed a confirmation receipt upon reception of your online application, where we will additionally provide the contact details of the franchise owner. - Receive approval & opening your The Joint Chiropractic franchise.
You will receive franchise approval once your financial and background checks are completed. Approval will only be given to candidates who meet all the requirements of franchise owners.
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How much does The Joint Chiropractic franchise cost?
The Joint Chiropractic has the franchise fee of up to $39,000, with total initial investment range of $203,397 to $378,697.
Initial investments: $203,397 - $378,697
Net-worth Requirement: $350,000
Liquid Cash Requirement: $100,000
Estimated Initial Investment
| Type Of Expenditure | Low | High |
|---|---|---|
| Initial Franchisee Fee | $39,900 | $39,900 |
| Security and Utility Deposits | $3,700 | $5,800 |
| 3 Month's Base Lease Rent | $9,000 | $27,000 |
| Clinic Design Fee | $1,000 | $1,000 |
| Architectural | $8,500 | $12,000 |
| Leasehold Improvements | $63,600 | $150,000 |
| Signage | $5,600 | $9,000 |
| Office Equipment, Including Furniture and Fixtures | $5,000 | $7,000 |
| Chiropractic or other Professional Equipment | $5,800 | $22,200 |
| Computer Hardware, Software, Supplies and Installation | $5,000 | $10,000 |
| Business Licenses and Permits | $750 | $3,800 |
| Professional Fees and Services | $3,000 | $6,200 |
| Insurance | $4,000 | $8,000 |
| Initial Training Expenses, including Travel | $2,500 | $5,000 |
| Start-up Supplies - Uniforms, Contracts, Invoices, and other Office Supplies | $1,250 | $2,000 |
| Local Advertising Fees- three months | $9,000 | $9,000 |
| Grand Opening | $14,000 | $14,000 |
| 3 Months' Office Management Software Fee | $3,797 | $3,797 |
| Additional Funds- 3 months | $20,000 | $45,000 |
| TOTAL* | $203,397 | $378,697 |
* The data in table above, compiled from The Joint Chiropractic Franchise Disclosure Document (FDD) 2020, represent the estimated financial range for the initial setting up and first 3 months of operation for a new chiropractic clinic.
Ongoing Fees
Initial Franchise Fee: $39,900
Ongoing Royalty Fee: 7%
Ad Royalty Fee: 2%
Support Options
On-The-Job Training: 80 hours
Classroom Training: 41 hours
Number of Employees Required to Run: 3 - 5
The Joint Chiropractic Franchise Info: https://thejointfranchise.com
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Starting investments from:$203,397
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Company type:Health care
- Company foundation year:1999
- Year of launching the franchise2003
- Franchise enterprises:367
- Corporate Address:16767 N. Perimeter Dr., #240 Scottsdale, AZ 85260, USA