FRANCHISE·WATCH·DESK

FDD ITEM 20 · FISCAL 2013–2015

The Joint...the chiropractic place Item 20: outlets, closures & growth

In its latest FDD Item 20 (fiscal 2015), The Joint...the chiropractic place reported 265 franchised outlets at year end. 8 of 242 franchised outlets open at the start of the year left the system — an annualized exit rate of 3.3%— while 53 new outlets opened. Systemwide units moved +78.3% over 2013–2015.

Item 20 · outlet status by yearas filed
Status (FTC)201320142015
Outlets at start82175246
Opened967353
Transfers17144
Terminations210
Non-renewals000
Reacquired by franchisor0422
Ceased — other reasons118
Outlets at end175246312
Net change+93+71+66
How the exit count is computedfiscal 2015

0 terminations + 0 non-renewals + 8 ceased (other) = 8 exits ÷ 242 at start = 3.3%

These are the three FTC Item 20 statuses in which a franchisee involuntarily or terminally leaves the system. Transfers (4) are resales, not exits; reacquisitions by the franchisor (22) are tracked separately. There is no official “failure rate” — this annualized exit rate is the disclosed, measurable floor.

Franchised outlets by state · fiscal 201529 states/territories
StateFranchisedCompany-owned
TX56
CA3327
GA28
CO22
SC17
AZ1610
NC11
NV11
FL8
UT8
MN7
MO7
VA7
IN5
LA4
NJ3
NM3
TN3
WA3
WI3
IL29
NY21
OH2
ID1
MI1
NE1
OR1
CT0
KS0
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