The Joint Chiropractic Franchise Cost, Revenue & Review 2026
Data from FDD filing + SBA 7(a) records
Analysis by FranchiseVerdict Research · Methodology
The Joint Chiropractic is a franchise of walk-in chiropractic clinics offering affordable, membership-based spinal adjustments without insurance or appointments. Franchisees run clinics staffing licensed chiropractors on a high-volume, recurring-visit model.
FranchiseVerdict summary · 2026
A The Joint Chiropractic franchise requires a total initial investment of $245K – $543K, including a $40K franchise fee and an ongoing 7.0% royalty[2]. The 2025 FDD does not disclose unit-level revenue (no Item 19). SBA 7(a) loans show a 3.7% charge-off rate across 199 loans[1]. FranchiseVerdict grade: C (Average), an editorial assessment, not investment advice. Run a live ROI scan →
Data last verified · figures per the 2025 FDD issuance
Overview
- Investment
- $245K – $543K
- 52nd pct Healthcare
- Avg gross sales
- N/A
- Royalty
- 7.0%
- 32nd pct Healthcare
- Units
- 27
- 43rd pct Healthcare
- SBA charge-off
- 3.7%
- % of SBA 7(a) loans not repaid · median varies by category
Quick verdict · Healthcare · color = vs category peers
Green = favorable by >10% vs Healthcare avg · No shading = within ±10% · Red = unfavorable by >10% · Source: FDD filings + SBA 7(a)
Data from public FDD filings and SBA records. Not financial advice. Methodology
Bottom line
- COSTTotal investment $245K – $543K including a $40K franchise fee, 7.0% ongoing royalty.
- RETURNSNo Item 19 financial performance data disclosed. The franchisor chose not to publish revenue figures.
- RISKVerdict C (Average), verdict score 46/100 (higher is better). SBA loan charge-off rate of 3.7% across 199 loans (well below the franchise average, based on all SBA 7(a) franchise lending, 2010–2025).
- FLAGBankruptcy history disclosed in the FDD. Review Item 4 for details before proceeding.
Item 1 · who you're contracting with
The Franchisor
Corporate structure & franchisor financials
- Legal entity
- The Joint Corp.
- Predecessor
- The Joint Corp.
- Prior franchisor entity
- CEO title
- President and Chief Executive Officer
- Peter D. Holt
- Incorporated in
- Delaware
- HQ
- 16767 N. Perimeter Dr., Suite 110, Scottsdale, Arizona 85260
- Auditor
- BDO USA, LLP
- Audited financials
- Franchisor revenue
- $58.7M
- vs $80.9M prior year
- Management churn noted
- Frequent turnover
- Item 2 disclosed frequent executive changes
Independent franchisee associations
- Franchise Advisory Council (FAC)
Franchisee-led councils or alliances disclosed in Item 20. Indicates operator voice.
Affiliated brands
- of Phase Family Center DC
- of Phase Foundations
- of Alpharetta Preschool Partners
- of The Phase Project
Other brands the franchisor or its parent operates (Item 1).
Overview
About
- CEO
- Peter D. Holt
- Headquarters
- AZ
- Founded
- 2010
- FDD year
- 2025
- States available
- 30
Can you afford it, and what does the money buy?
Entry cost is about average for a healthcare franchise.
Source: FDD 2025 · Items 5–7
Full Item 7 breakdown12 line items
Initial investment breakdown
| Line item | Low | High | |
|---|---|---|---|
| Development Feenot refundable | $150K | $500K | |
| Office Space (1st 3 months)not refundable | $0 | $5K | |
| Depositsnot refundable | $0 | $2K | |
| Franchise Recruitment Advertising and Marketing (1st 3 months)not refundable | $2K | $2K | |
| Travel and Related Expenses for Initial Trainingnot refundable | $600 | $2K | |
| Errors and Omissions Insurancenot refundable | $5K | $10K | |
| Vehicle Lease (1st 3 months)not refundable | $0 | $2K | |
| Professional service feesnot refundable | $500 | $5K | |
| Computer Equipment/Software/Printernot refundable | $0 | $2K | |
| Technology Feesnot refundable | $375 | $1K | |
| Filing and registration costs for Regional Developernot refundable | $3K | $6K | |
| Additional funds (1st 3 months)not refundable | $5K | $15K | |
| Total initial investment | $166K | $551K |
Line items extracted from FDD Item 7. Ranges reflect the franchisor's stated low and high per line. Total is the sum of line-item lows / highs — actual costs may fall outside this range depending on market and build-out scope.
Item 7 · what it costs to open + operate
The Vitals
- Total investment
- $245K – $543K
- Middle of category vs category
- Liquid capital req'd
- $5K – $15K
- Top 40% of category vs category
- Franchise fee
- $40K – $40K
- Top 40% of category vs category
- Royalty
- 7.0%
- Percentage of royalty fees paid by Franchisees (Regional Dev · typical 6–8%
- Ad fund
- 2.0%
- typical 3–5%
- Total fee load
- 43.0%
- vs 9–13% typical
Ongoing fees · Item 6
| Fee | Amount |
|---|---|
| Royalty | 7.0% of gross sales |
| Marketing / ad fund | 2.0% of gross sales |
| Technology fee | $50 |
| Training fee | $1K |
| Transfer fee | $10K |
| Renewal fee | $25 |
| Inventory (initial) | $2K – $3K |
| Total fee load | 43.0% of rev |
ROI & LBO modelsSingle-unit · 25-unit portfolio · editable
The Joint Chiropractic did not disclose financial performance in FDD Item 19. The ROIC and return models require Item 19 revenue. Without it all inputs are estimates. You can still run the calculator with your own assumptions by entering an expected revenue figure.
Returns model · single-unit ROIC
What would one The Joint Chiropractic unit return on the cash you put in?
Unlevered ROIC · per unit
Estimated return on your total franchise investment, before any debt financing.
30%
Below the 30–60% attractive-franchise band
These models are for research and scenario planning only. Not investment advice. Actual results depend on your specific location, management, and market conditions. Consult a franchise attorney and accountant before signing any franchise agreement.
Item 19 · Source: 2025 FDD
Financial Performance
This franchisor did not disclose financial performance representations in Item 19, or our extractor could not parse them.
Operator outlook
What the numbers say
Data-driven interpretation of this brand's financial disclosures, fee structure, and system trajectory.
Fee burden
Total ongoing fee load of 43.0% — above the Healthcare average of 8.8%.
Disclosure
Franchisor chose not to disclose financial performance representations. You will need to gather unit economics directly from existing franchisees.
Multi-unit rate
Only 1% of franchisees own multiple units. Could indicate challenging economics or a young system where operators haven't had time to expand.
Source: FDD Item 19 financial performance representations and publicly filed FDD data. Past performance is not indicative of future results. Verify all figures with the franchisor and current franchisees before making any investment decision.
vs Healthcare averages
How The Joint Chiropractic Compares
Is the system healthy?
Source: FDD 2025 · Item 20
Unit growth
Item 20 · unit dynamics
The Growth Chart
- Total units
- 27
- Opened
- 0
- Last reporting year
- Closed
- 0
- Terminated
- 0
- Franchisor ended the franchise (per Item 20)
- Non-renewed
- 0
- Term expired, not renewed (per Item 20)
- Turnover rate
- 0.0%
- Company-owned
- 4
- Corporate units in the system
- % franchised
- 85%
- vs corporate-owned
- Multi-unit owners
- 1.0%
3-year detail · Item 20
- Opened (3yr)
- 45
- Closed (3yr)
- 12
- Terminated (3yr)
- 0
- Non-renewed (3yr)
- 0
- Transfers (3yr)
- 0
- Reacquired (3yr)
- 3
- Franchisor bought back
- Termination rate
- 0.1%
- Franchisor-initiated terminations
- Ceased ops
- 1.3%
- Units that stopped operating
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 20 · 17 states with active franchisees
The Territory Map
Derived from franchisee contact records. Shows states with at least one current operator. Not where the franchisor is registered to sell new units (that data is re-extracting in a future refresh).
States derived from franchisee contact records (FDD Item 20). Shows states with at least one current operator on file. Full state registration data (Item 12) will appear on a future FDD refresh.
Available to sell in · Item 12
- Maryland
- Michigan
- Wisconsin
States where the franchisor is registered to sell new franchises (FDD registration filings).
SBA loan performance
Government records
SBA Loan Data
Aggregated from SBA 7(a) and 504 loan disclosures, public data unique to FranchiseVerdict.
- Total loans
- 199
- Loan volume
- $55.8M
- Median loan
- $280K
- average
- Charge-off rate
- 3.7%
- rates vary by category · see methodology
Historical SBA 7(a) lending data, not predictive of future performance. How SBA charge-off rates are calculated
- Repayment rate (PIF)
- N/A
- 5-yr charge-off
- 6.2%
- Loans approved 2021+
- Active lenders
- 44
- Defaults
- 3
Vintage analysis
The Joint Chiropractic charge-off rate by loan vintage
Top lenders financing The Joint Chiropractic franchisees
Showing 3 of 44 lenders. The full breakdown — every lender, state distribution, interest rates & risk ratings — is in the SBA Lending Report below.
Explore lender portfolios on Bank Reports or regional data on State Reports.
Premium insight
SBA Lending Report
Deep-dive into The Joint Chiropractic's SBA lending history: lender network, geographic footprint, interest rates, and more.
SBA Lending Report
- Principal loss rate and NAICS industry benchmark
- 10 lenders with concentration factor
- Per-state charge-off rates across 20 states
- Startup risk premium and job creation velocity
Instant access. No subscription.
What could kill this investment?
SBA loans charge off at 3.7% — 77% below the 16.0% national norm, i.e. lower lender-observed risk.
Source: SBA 7(a) FOIA · FDD Items 3, 21
Risk analysis
FranchiseVerdict rating + FDD Items 3, 4, 8, 16, 21
Risk & Legal
Area representative offering (since 2011) with 27 units, $80.9M revenue, and 4.5% growth. 3 litigation matters largely involve a director in unrelated matters; the disclosed bankruptcy is an individual officer's 2014 Chapter 7, discharged same year. Both are low-weight; no Item 19 is the main gap.
Litigation (Item 3)
Andrew Franklin v. Herman Miller, Inc., et al (Case No. 653370/2020, filed July 7, 2020, Supreme Court of New York). Involves Director Glenn Krevlin but unrelated to franchisor, System, or franchisees. Plaintiff is minority shareholder in Design Within Reach claiming misconduct regarding stock issuance and value dilution. Claims include breach of fiduciary duty, fraud, and aiding and abetting.
Largest disclosed settlement: $800,000
Bankruptcy (Item 4)
Disclosed in last 7 years
Eric J. Simon, Vice President of Franchise Development, filed Chapter 7 bankruptcy (U.S. Bankruptcy Court, Eastern District of Virginia, Case No. 14-12082-RGM) on May 31, 2014 due to restaurant closure in San Diego, CA and lease payment inability. Case discharged September 15, 2014.
Audited financials (Item 21)
Yes · BDO USA, LLP
Franchisor revenue (Item 21)
Franchisor entity revenue (not unit-level)
Supplier relationship · Items 8 & 16
- Franchisor sells you products: Yes
- Kickbacks from required suppliers: Yes
- Must buy proprietary products: Yes
- Restricted to system-approved products: Yes
- Can negotiate own supplier terms: No
Score breakdown · what drove the 46 / 100 verdict
- 01MINORNo Item 19 disclosure
- 02HIGH3 litigation matters (mostly director/unrelated)
- 03MINOROld individual officer Chapter 7 (2014, discharged)
- 04MINORAudited financials, healthy revenue
Severity inferred from the FDD text · not a regulatory classification
What are you signing up for?
Ongoing fees run about 43.0% of sales (royalty + ad fund), before rent and labor.
Source: FDD 2025 · Items 11, 12, 17
FDD Items 12, 15, 17 · continued from Risk & Legal
Contract & Territory Detail
| Initial term | 10 years |
|---|---|
| Renewal term | 10 years |
| Allowed renewalsℹ | 1 |
| Territory type | exclusive |
| Protected territory | Yes |
| Exclusive territoryℹ | Yes |
| Territory sizeℹ | 25,000 households |
| Online sales rightsℹ | Restricted |
| Franchisor can compete | Yes |
| Hire a manager? | Allowed |
| Owner-operator | Required |
| Non-compete (years)ℹ | 1.5 years |
| Non-compete (miles)ℹ | 25 mi |
| Right of first refusalℹ | Yes |
| RoFR response window | 60 days |
| Transfer requires consent | Yes |
| Termination notice | 60 days |
| Curable defaultsℹ | 3 |
| Mandatory arbitration | No |
| Jury trial waiver | Yes |
| Governing law | Arizona |
| Litigation count | 2 |
View Item 3 litigation summary
Andrew Franklin v. Herman Miller, Inc., et al (Case No. 653370/2020, filed July 7, 2020, Supreme Court of New York). Involves Director Glenn Krevlin but unrelated to franchisor, System, or franchisees. Plaintiff is minority shareholder in Design Within Reach claiming misconduct regarding stock issuance and value dilution. Claims include breach of fiduciary duty, fraud, and aiding and abetting.
Items 10, 11
Training & Operations
- Classroom training
- 26 hrs
- On-the-job training
- 40 hrs
- Training location
- Our corporate headquarters in Scottsdale, AZ and training locations we designate
- Ongoing training
- Required
- Field support
- 40 hrs/yr
- On-site visits per year
- Time to open
- 2 mo
- From signing to launch
- Site selection
- franchisor
- Franchisor financing
- Offered
- Item 10
- POS system
- FranConnect
- Operating tech stack
Items 5 & 11
Franchisor Support
Technology: FranConnect
Item 20 · call current owners
Franchisee Contacts
21 owners to call
Name · phone · city · state. Extracted from FDD Item 20
FDD download
The Joint Chiropractic · FDD (2025) PDF
Frequently asked questions
Frequently Asked Questions
How much does it cost to open a The Joint Chiropractic franchise?
The total investment to open a The Joint Chiropractic franchise ranges from $245K – $543K, with an initial franchise fee of $40K. This includes real estate, equipment, inventory, and working capital as disclosed in their Franchise Disclosure Document (FDD).
What do The Joint Chiropractic franchise owners earn?
The Joint Chiropractic does not disclose average franchise owner earnings in their FDD Item 19. Not all franchisors are required to make financial performance representations. We recommend asking existing franchisees directly about their financial experience.
What is Item 19 in the The Joint Chiropractic FDD?
The FDD section where a franchisor may disclose financial performance of its outlets. Disclosure is optional and formats vary; figures are typically gross sales, which is revenue before expenses, not profit. FranchiseVerdict extracts these figures directly from the The Joint Chiropractic FDD and qualifies whose outlets they describe.
What is The Joint Chiropractic's franchise failure rate?
Based on SBA 7(a) loan data, The Joint Chiropractic has a charge-off rate of 3.7% across 199 loans, meaning 3.7% of franchise loans were charged off. Charge-off rates are one proxy for franchise risk, though they do not capture all closures. This data comes from FOIA-sourced SBA lending records.
How many The Joint Chiropractic franchise locations are there?
As of their most recent FDD filing, The Joint Chiropractic has 27 total units in the United States, including 23 franchised units and 4 company-owned units.
Is The Joint Chiropractic a good franchise to buy?
FranchiseVerdict rates The Joint Chiropractic as a C-grade franchise with a verdict score of 46 out of 100 (higher is better), based on our analysis of investment costs, revenue data, SBA loan performance, and growth trends. Our rating is based solely on publicly available FDD and government data; we recommend speaking with current franchisees before making any investment decision. This is not investment advice.
Data sourced from public FDD filings and SBA 7(a) FOIA records. Not financial advice.
For franchisors
Are you the franchisor?
If you represent The Joint Chiropractic, you can request corrections or provide updated information.
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Data extracted from public FDD filings and SBA 7(a) loan disclosures (FOIA). This information is provided for research purposes only and does not constitute financial, legal, or investment advice. Verify all figures with the franchisor's current Franchise Disclosure Document before making any investment decision.