SBA 7(a)/504 FOIA · FY1991–PRESENT · VIRGINIA
The Joint...the chiropractic place franchise in Virginia: what the public record shows
Franchisees of The Joint...the chiropractic place in Virginia have taken 6 SBA loans since 1991 (average $136,066)— too few resolved loans in-state to publish a local failure rate (we require a resolved cohort, never extrapolate), so the brand's national rate of 0.0% is the better guide. Its latest FDD Item 20 state table reports 7 franchised outlets in Virginia (fiscal 2015) — about 0.08 per 100k residents.
Loans in VA
6
Resolved
4
Local charge-off
thin
National charge-off
0.0%
Source: SBA 7(a)/504 FOIA files (data.sba.gov), borrower state = VA. Charge-off rate = charged-off ÷ (charged-off + paid-in-full); open loans excluded. A local rate is published only when the resolved cohort clears our floor of 30 loans.
Businesses in this industry
1,432
statewide, all operators
Per 100k residents
16.3
national 11.6
Versus the country
+41%
denser
Every business in The Joint...the chiropractic place's industry operating in Virginia — franchised and independent — from the Census Bureau's County Business Patterns (2023), against 2024 population estimates. Counter-intuitively, density is not a warning: across 198 brand-state cells in our loan data, the densest quartile charges off at 5.6% versus 18.1% in the thinnest. A crowded market is usually proven demand; an empty one is often empty for a reason.
Avg weekly wage, this industry
$779
Virginia, BLS QCEW 2025
National average
$806
same industry, all states
Versus the country
-3%
cheaper to staff
What The Joint...the chiropractic place's industry actually pays workers in Virginia, from the Bureau of Labor Statistics' Quarterly Census of Employment and Wages (2025), employment-weighted across counties. This is a real cost signal independent of the FDD — a market can look demand-rich above and still carry a margin headwind here if local wages run hot for the sector.
| Fiscal year | Franchised | Company-owned |
|---|---|---|
| 2013 | 0 | — |
| 2014 | 1 | — |
| 2015 | 7 | — |
| System | Loans in VA | Local charge-off | Units in VA |
|---|---|---|---|
| Medicap Pharmacy | 11 | 0.0% | — |
| AFC/AMERICAN FAMILY CARE | 9 | thin | 10 |
| Gameday Men's Health | 7 | thin | — |
| General Nutrition Center | 6 | thin | — |
| ELLIE MENTAL HEALTH | 5 | thin | — |
| Pearle Vision | 5 | thin | — |
Same sector, same state, same public records — how The Joint...the chiropractic place compares to the systems a buyer in Virginia would actually be choosing between. Local rates under 10 resolved loans are marked thin, not hidden.
A broker is paid by the franchisor to place you. I'm paid by you — and the job is pressure-testing The Joint...the chiropractic place's numbers, including talking you out of a bad deal.