other_material
confidence high
sentiment positive
materiality 0.85
The Joint Corp. sells 45 Southern California clinics for $2.3M, moves to pure franchisor model
JOINT Corp
- 45 clinics sold to Elite Chiro Group for $2.3M; 13 closed on April 27, 2026.
- 32 clinics under management service agreement until lease assignments are completed.
- After deal, corporate clinics drop to just 3 out of 960 total locations.
- Part of 'The Joint 2.0' shift to capital-light, pure-play franchisor model.
- Elite Chiro Group led by Gadi Emein and Michael Aminpour.
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