Entrepreneur Recognizes The Joint Corp. as ‘Best of the Best’ Among Healthcare Services Franchises
Franchisor of chiropractic clinics debuts on 2016 list of industry leaders
Scottsdale, Ariz.—May 18, 2016—The Joint Corp. (Nasdaq: JYNY), a national operator, manager and franchisor of chiropractic clinics, has been named to Entrepreneur magazine’s exclusive ‘Best of the Best’ list, which recognizes the top 100 franchises from Entrepreneur 's highly competitive 2016 Franchise 500.
The Joint, which appears on this list for the first time in the company’s history, is the top healthcare services franchise to be included on the prestigious list. The full list appeared in the May 2016 issue of Entrepreneur.
The top 100 companies are ranked based on objective, quantifiable criteria, including system size, growth rate, and financial strength and stability. Other factors include: years the franchise has been in business, startup costs, litigation brought by franchisees, franchise terminations and whether financing is available.
“We are proud to be included in such esteemed company and to be number one in the health services category,” said John B. Richards, chief executive officer of The Joint Corp., and former president of North American Operations for Starbucks Coffee Company. “It demonstrates the growing acceptance of our consumer-friendly approach to healthcare and the value of our business model. Chiropractic is growing in general, but The Joint is really helping accelerate the pace. Our plan is to continue opening clinics at a fast clip in order to bring chiropractic’s healing benefits to more of the U.S. population.”
The Joint Corp. is committed to being a national provider of affordable and convenient chiropractic services through the sale of additional franchises in target markets as well as the development of company-owned or managed clinics.
As of April 2016, there were 330+ 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.
To learn more about franchising opportunities at The Joint, please visit 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 330+ clinics nationwide and more than 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 2015 Annual Report on Form 10-K. 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.