FDD ITEM 20 · FISCAL 2013–2015
The Joint...the chiropractic place Item 20: outlets, exits & growth
In its latest FDD Item 20 (fiscal 2015, from the 2016 FDD · 9+ years old), 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 (exit rate 3.3%, fiscal 2015), while 53 new outlets opened. Systemwide units moved +78.3% over 2013–2015.
| Status (FTC) | 2013 | 2014 | 2015 |
|---|---|---|---|
| Outlets at start | 82 | 175 | 246 |
| Opened | 96 | 73 | 53 |
| Transfers | 17 | 14 | 4 |
| Terminations | 2 | 1 | 0 |
| Non-renewals | 0 | 0 | 0 |
| Reacquired by franchisor | 0 | 4 | 22 |
| Ceased — other reasons | 1 | 1 | 8 |
| Outlets at end | 175 | 246 | 312 |
| Net change | +93 | +71 | +66 |
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 franchised outlet left the system — including voluntary non-renewals and outlets that ceased for other reasons, which can include sales or absorption into another franchise. Transfers (4) are resales, not exits; reacquisitions by the franchisor (22) are tracked separately. There is no official “failure rate”, and not every exit is a closure or a failure; Item 20 does not say why any outlet left. On a small starting base, a single exit moves this rate sharply.
| State | Franchised | Company-owned |
|---|---|---|
| TX | 56 | — |
| CA | 33 | 27 |
| GA | 28 | — |
| CO | 22 | — |
| SC | 17 | — |
| AZ | 16 | 10 |
| NC | 11 | — |
| NV | 11 | — |
| FL | 8 | — |
| UT | 8 | — |
| MN | 7 | — |
| MO | 7 | — |
| VA | 7 | — |
| IN | 5 | — |
| LA | 4 | — |
| NJ | 3 | — |
| NM | 3 | — |
| TN | 3 | — |
| WA | 3 | — |
| WI | 3 | — |
| IL | 2 | 9 |
| NY | 2 | 1 |
| OH | 2 | — |
| ID | 1 | — |
| MI | 1 | — |
| NE | 1 | — |
| OR | 1 | — |
| CT | 0 | — |
| KS | 0 | — |
The The Joint...the chiropractic place validation checklist
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