The Joint Corp. has signed an agreement to sell 22 corporate clinics to existing franchisees for $1.5 million, marking a strategic move to expand its presence in the Southeast region.

Information on the Target

The Joint Corp. is the largest franchisor of chiropractic care in the United States, operating the well-known The Joint Chiropractic network. With a robust retail healthcare business model established in 2010, the company has transformed access to chiropractic care, offering affordable services without the need for insurance. Currently headquartered in Scottsdale, Arizona, The Joint Corp. supports over 950 locations nationwide and facilitates more than 14 million patient visits each year.

As part of its latest business move, The Joint Corp. has signed an Asset Purchase Agreement (APA) with existing franchise members for the sale of 22 corporate-owned or managed clinics in the Southeast for a total of $1.5 million. The deal is aimed at transferring the operations to seasoned franchisees who are familiar with the company’s business model.

Industry Overview in the Target’s Specific Country

The chiropractic industry in the United States has been experiencing significant growth over the past decade. This is largely due to the increasing awareness about the benefits of non-invasive treatment options for pain manage