Franchise Times Ranks The Joint Corp. Top 10 on Fast and Serious List
Franchisor of chiropractic clinics debuts on 2016 list of industry leaders at #10
Scottsdale, Ariz.—March. 16, 2016— Continuing its remarkable run of success, The Joint® Corp. (NASDAQ: JYNT), a national operator, manager and franchisor of chiropractic clinics, has ranked #10 on the Franchise Times 2016 Fast and Serious list.
“The 40 brands on the Franchise Times Fast and Serious list are the smartest-growing franchises in the United States. Their CEOs drive impressive sales and unit growth, that’s true, but in our eyes what’s more important is the growth is sustainable over a three-year period,” said Beth Ewen, editor-in-chief of Franchise Times. “Franchise Times Fast and Serious is the only ranking that considers three years’ worth of data, to eliminate brands that might soar one year but then fade the next. The Joint Chiropractic joins a strong group of 40 franchises that take a long-term view toward growth.”
It is the first time The Joint has appeared on the prestigious list, which recognizes fast-growing franchise systems that also have staying power. The top of the list is typically dominated by food franchisors, making The Joint’s achievement even more remarkable.
“In the past, The Joint was considered too small to even be on the list, much less be in the Top 10,” said John Richards, chief executive officer of The Joint Corp., and former president of North American Operations for Starbucks Coffee Company. “To debut so high is a testament to both our consumer-friendly business model and the exceptional team we have assembled to get franchisees up, running and successful faster than other types of businesses. We are proud to have our efforts recognized with this latest honor.”
Earlier this year, The Joint was ranked #1 among health services franchisors on the Entrepreneur 2016 FRANCHISE 500 list.
As of March 16, 2016, there were 328 The Joint Chiropractic clinics nationwide. The company is actively seeking franchisees in Alabama, California, Florida, Georgia, Illinois, Iowa, Michigan, New York, New Jersey, Ohio, Oklahoma, Pennsylvania, Texas, Virginia, Washington and Wisconsin.
Franchise Times “Fast and Serious” is an exclusive ranking to identify fast-growing franchise systems that also have staying power. Using the Franchise Times Top 200+ database of 500 franchise brands ranked by annual sales, Franchise Times created a 10-point proprietary formula, including percentage sales and unit growth over a three-year period. The ranking is in the March issue of Franchise Times, and available at www.franchisetimes.com.
To learn more about franchising opportunities at The Joint, please visit http://www.thejoint.com/franchise.
About The Joint Corp. (NASDAQ: JYNT)
The Joint is reinventing chiropractic by making quality care convenient and affordable for patients seeking pain relief and ongoing wellness. Our no-appointment policy and convenient hours and locations make care more accessible, and our affordable membership plans and packages eliminate the need for insurance. With 320+ clinics nationwide and nearly 3 million patient visits annually, The Joint is an emerging growth company and key leader in the chiropractic profession. For more information, visit www.thejoint.com, follow us on Twitter @thejointchiro and find us on Facebook, You Tube and LinkedIn.
The Joint Corp. is a franchisor of clinics and an operator of clinics in certain states. In California, Colorado, Florida, Illinois, Minnesota, New Jersey, New York, North Carolina, Oregon and Tennessee, The Joint and its franchisees provide management services to affiliated professional chiropractic practices.
This press release contains statements about future events and expectations that constitute forward-looking statements. Forward-looking statements are based on our beliefs, assumptions and expectations of industry trends, our future financial and operating performance and our growth plans, taking into account the information currently available to us. These statements are not statements of historical fact. Forward-looking statements involve risks and uncertainties that may cause our actual results to differ materially from the expectations of future results we express or imply in any forward-looking statements and you should not place undue reliance on such statements. Factors that could contribute to these differences include, but are not limited to, our failure to develop or acquire corporate clinics as rapidly as we intend, our failure to profitably operate corporate clinics, and the factors described in “Risk Factors” in The Joint Corp.’s Registration Statement on Form S-1. Words such as "anticipates", "believes", "continues", "estimates", "expects", "goal", "objectives", "intends", "may", "opportunity", "plans", "potential", "near-term", "long-term", "projections", "assumptions", "projects", "guidance", "forecasts", "outlook", "target", "trends", "should", "could", "would", "will" and similar expressions are intended to identify such forward-looking statements. We qualify any forward-looking statements entirely by these cautionary factors. We assume no obligation to update or revise any forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future. Comparisons of results for current and any prior periods are not intended to express any future trends or indications of future performance, unless expressed as such, and should only be viewed as historical data.
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