The Joint Corp. Signs Asset Purchase Agreement to Sell 22 Corporate Clinics in the Southeast and Delivers Notice to Terminate APA for 45 Clinics in California

Core Insights - The Joint Corp. has signed an Asset Purchase Agreement to sell 22 corporate-owned or managed clinics for $1.5 million to three buying groups, with operations transitioning to the buyers in mid-December [1][3] - The company has terminated a previous APA for 45 clinics in Southern California, signed on November 2, 2025 [1] Summary of Transactions - Nine clinics will be purchased by an existing franchisee and regional developer with over 13 years of experience at The Joint, who currently owns eight other clinics in North Carolina [5] - Ten clinics in North Carolina will be acquired by a Doctor of Chiropractic and his business partner, who has over three years of operations experience within the system [5] - Three clinics in Georgia and South Carolina will be purchased by a team of two seasoned Doctors of Chiropractic, who are also franchisees at The Joint [5] Company Overview - The Joint Corp. is the largest franchisor of chiropractic care in the U.S., operating over 950 locations and facilitating more than 14 million patient visits annually [7] - The company has been recognized in various industry rankings, including Franchise Times' "Top 400" and "Fast & Serious" lists, and has been named "No. 1 in Chiropractic Services" by Entrepreneur [7] - The Joint's business model focuses on making chiropractic care convenient and affordable, eliminating the need for insurance [7][8]