The Joint Chiropractic Expands to 44th State with Opening of Rhode Island Clinic

Rhea-AI Summary

The Joint Corp (NASDAQ:JYNT) has entered its 44th state with the opening of a new The Joint Chiropractic clinic in Warwick, Rhode Island, at 300 Quaker Lane c10. Led by multi-unit franchisees Sarah and Yosef Perfido, the brand now exceeds 950 clinics nationwide.

According to the company, more than 3,000 licensed chiropractors deliver over 14 million patient visits annually, supporting demand for convenient, no-appointment, insurance-free chiropractic care and reinforcing a scalable franchise model that appeals to experienced operators, including military veterans through VetFran franchise-fee discounts.

Positive

• Network expands to 44th state with Rhode Island clinic opening
• More than 950 clinics across the United States
• Over 3,000 chiropractors and 14 million patient visits annually
• Multi-unit franchise growth highlighted by Perfidos’ second clinic
• VetFran franchise-fee discount program supports military veterans

Negative

• None.

News Market Reaction – JYNT

+2.28%

+2.28% Session close to close

In the Jul 1 session, JYNT gained 2.28%, reflecting a moderate positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

Market Context

This announcement highlights JYNT’s entry into its 44th state and a network exceeding 950 clinics, r...

Analysis

This announcement highlights JYNT’s entry into its 44th state and a network exceeding 950 clinics, reinforcing a franchise-led growth story. Prior news has drawn modest moves; execution on traffic, unit economics, and franchisee expansion bears watching.

Key Figures

State count: 44 states Rhode Island clinic address: 300 Quaker Lane c10 Franchisee clinic count: 2 locations +5 more

8 metrics

State count 44 states Brand’s footprint after Rhode Island opening

Rhode Island clinic address 300 Quaker Lane c10 Location of new Warwick clinic

Franchisee clinic count 2 locations Perfidos’ clinics within The Joint network

Grand opening time July 9 at 11 a.m. Rhode Island clinic opening celebration

Clinic footprint more than 950 clinics National network size across the United States

Licensed chiropractors more than 3,000 Practitioners supporting The Joint’s clinics

Annual patient visits over 14 million Chiropractic visits served each year

State entry sequence 44th state Order of Rhode Island in system expansion

Historical Context

5 past events · Latest: May 21 (Positive)

Pattern 5 events

Date	Event	Sentiment	24h Move	Catalyst
May 21	Board appointment	Positive	+0.8%	Election of Milind Pant to Board, adding franchise and wellness expertise.
May 07	Quarterly earnings	Neutral	+0.2%	Q1 2026 results with revenue, income and EBITDA growth amid softer system sales.
Apr 27	Refranchising deal	Positive	-0.2%	Sale of 45 Southern California clinics to advance capital-light franchisor model.
Apr 23	Earnings date	Neutral	+1.9%	Announcement of Q1 2026 reporting date and conference call logistics.
Apr 14	Leadership hire	Positive	+1.2%	Appointment of Michelle Reap to lead franchise development and network growth.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Pattern Detected

Recent JYNT news has usually seen small, positive price reactions, with only the Southern California refranchising announcement drawing a slight negative move.

Key Terms

franchise fee, international franchise association, multi-unit operators

3 terms

franchise fee financial

"offers a discount on the franchise fee for those who qualify"

A franchise fee is a one-time payment a business pays to the owner of a brand in order to use its name, systems and support—like buying a license to run a familiar restaurant or store. For investors it matters because these fees provide upfront cash, show how quickly a brand can expand through partners, and signal the value and demand for the brand, all of which affect revenue, growth forecasts and company valuation.

international franchise association financial

"VetFran program at the International Franchise Association, The Joint Chiropractic offers a discount"

An international franchise association is a membership organization that brings together franchisors, franchisees and related service providers across countries to set best practices, provide training, advocate on regulatory issues and promote responsible growth of franchise systems. For investors it signals a channel for industry standards, legal and market information, and networking that can reduce expansion risk, protect brand value and help assess cross‑border growth opportunities—like a trade guild that helps members operate more predictably abroad.

multi-unit operators financial

"appeal among experienced multi-unit operators seeking to invest in a proven healthcare franchise"

Businesses or managers that own and operate multiple locations of the same type of outlet—such as restaurants, retail stores, clinics or franchise units—under a single management structure. Investors care because multi-unit operators can spread fixed costs across locations, boost profit margins and growth potential like a landlord with several apartments, while also concentrating operational and capital risks that affect cash flow and valuation.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Military spouse and military officer, multi-unit franchise owners Sarah and Yosef Perfido lead brand's entry into Rhode Island, highlighting continued growth of nation's largest chiropractic network

SCOTTSDALE, Ariz., July 1, 2026 /PRNewswire/ -- The Joint Corp. (NASDAQ: JYNT), the nation's largest provider of chiropractic care through The Joint Chiropractic® network, today announced its official entry into Rhode Island, marking the brand's expansion to its 44^th state with the grand opening of a new clinic in Warwick.

The new clinic, at 300 Quaker Lane c10, is owned and operated by power couple Sarah and Yosef Perfido. Sarah serves as the CEO and driving force of the day-to-day operations and Yosef supports her as a seasoned entrepreneur; graduate of the Citadel, the military college of South Carolina; graduate of the U.S. Naval War College; and member of the U.S. Navy. The Rhode Island clinic represents the couple's second location within The Joint Chiropractic network, joining an existing clinic in Groton, CT, alongside plans to continue expanding.

To commemorate the historic milestone, the Perfidos will host a special grand opening celebration at the new Warwick clinic on July 9 at 11 a.m., welcoming The Joint Chiropractic President and CEO Sanjiv Razdan, along with local officials, community leaders and other distinguished guests.

The milestone further underscores The Joint Chiropractic's national growth and increasing appeal among experienced multi-unit operators seeking to invest in a proven healthcare franchise opportunity focused on convenient, affordable access to care.

"Entering our 44th state is a significant achievement for The Joint Chiropractic and a reflection of the growing demand for accessible, affordable healthcare across the country," said Razdan. "As consumers increasingly seek healthcare solutions that fit their lifestyles, our convenient, no-appointment model continues to resonate in communities nationwide. We are especially proud to celebrate this milestone with franchisees like Yosef and Sarah, whose leadership, service to our country, and entrepreneurial commitment exemplify the caliber of operators driving our expansion and helping us bring chiropractic care to more patients than ever before."

The Rhode Island opening builds upon The Joint's focus on expansion in the Northeast with a scalable business and growing national footprint of more than 950 clinics across the United States. Supported by more than 3,000 licensed chiropractors serving over 14 million patient visits annually, The Joint Chiropractic continues to address increasing demand for non-invasive pain relief, mobility improvement, and proactive wellness care.

The Perfidos' expansion reflects a broader trend among The Joint Chiropractic's franchise community, where successful owner-operators who don't have to be chiropractors are increasingly investing in multiple locations and creating jobs for chiropractors to serve patient demand while leveraging the brand's established systems, operational support, and national reputation.

"As both a business owner and military officer, I've always appreciated the value of proven systems, disciplined execution, and serving people in meaningful ways," said Yosef Perfido. "Opening Rhode Island's first clinic for The Joint Chiropractic and representing the brand's entry into its 44^th state is an incredible honor. It's also a testament to my wife's strength as a military spouse that I get to plan my transition toward retirement from service as she shines in the most deserving way in leading our businesses. The Joint's mission to improve quality of life through routine chiropractic care is very special to us, and we're excited to expand access to a trusted, affordable healthcare solution for residents throughout Rhode Island."

The franchise model provides a unique opportunity to apply leadership, operational discipline, and team-building skills developed through military service to business ownership. As a member of the VetFran program at the International Franchise Association, The Joint Chiropractic offers a discount on the franchise fee for those who qualify where these transferable skills continue to make franchising an attractive pathway for service members and military veterans transitioning to civilian careers and seeking long-term wealth-building opportunities.

The Rhode Island expansion represents another step in The Joint Chiropractic's strategy to increase access to on-demand healthcare services nationwide. By eliminating many traditional barriers to care including appointments, insurance requirements, and lengthy wait times, The Joint continues to make chiropractic care more accessible to millions of Americans seeking pain relief and ongoing wellness support.

To learn more about The Joint Chiropractic franchise opportunities, visit www.thejointfranchise.com.

About The Joint Corp. (NASDAQ: JYNT)
The Joint Corp. (NASDAQ: JYNT) revolutionized access to chiropractic care when it introduced its retail healthcare business model in 2010. Today, it is the nation's largest operator, manager and franchisor of chiropractic clinics through The Joint Chiropractic network. The company is making quality care convenient and affordable, while eliminating the need for insurance, for millions of patients seeking pain relief and ongoing wellness. Headquartered in Scottsdale and with over 950 locations nationwide and more than 14 million patient visits annually, The Joint Chiropractic is a key leader in the chiropractic industry. The brand is consistently named to Franchise Times' annual "Top 400" and "Fast & Serious" list of smartest-growing brands. Entrepreneur named The Joint "No. 1 in Chiropractic Services," and it is regularly ranked on the publication's Franchise 500®, Fastest-Growing Franchises, and Best of the Best lists, as well as its Top Franchise for Veterans and Top Brands for Multi-Unit Owners rankings. SUCCESS® named the company one of the Top 50 Franchises. The Joint Chiropractic is an innovative force where healthcare meets retail.

For more information, visit www.thejoint.com. To learn about franchise opportunities, visit www.thejointfranchise.com.

For more information, contact:
Jordyn Whitted, Thunderly Marketing
(704) 848-7811 | jwhitted@thunderlymarketing.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/the-joint-chiropractic-expands-to-44th-state-with-opening-of-rhode-island-clinic-302814960.html

SOURCE The Joint Corp.

FAQ

What does The Joint Chiropractic (NASDAQ:JYNT) expansion into Rhode Island mean for investors?

The Rhode Island clinic marks The Joint Chiropractic’s entry into its 44th state, signaling continued national footprint growth. According to the company, this expansion supports a scalable, franchise-driven model aimed at increasing access to convenient, no-appointment chiropractic care across the United States.

Where is the new The Joint Chiropractic clinic in Warwick, Rhode Island located?

The new The Joint Chiropractic clinic in Warwick is located at 300 Quaker Lane c10. According to the company, this clinic is the first in Rhode Island and is part of a network of more than 950 locations nationwide serving millions of patient visits.

Who owns the new The Joint Chiropractic clinic in Warwick, RI and how many locations do they operate?

The Warwick, Rhode Island clinic is owned and operated by franchisees Sarah and Yosef Perfido. According to The Joint Chiropractic, this is their second clinic in the network, adding to an existing Groton, Connecticut location with plans for further multi-unit expansion.

How large is The Joint Chiropractic (JYNT) clinic network after the Rhode Island opening?

Following the Rhode Island opening, The Joint Chiropractic reports a national footprint of more than 950 clinics. According to the company, these clinics are supported by over 3,000 licensed chiropractors who collectively provide more than 14 million patient visits each year.

When is the grand opening event for The Joint Chiropractic’s new Warwick, Rhode Island clinic?

The grand opening celebration for the Warwick clinic is scheduled for July 9 at 11 a.m. According to The Joint Chiropractic, the event will feature President and CEO Sanjiv Razdan, local officials, community leaders, and other guests to mark its entry into Rhode Island.

How does The Joint Chiropractic support military veterans and service members as franchisees?

The Joint Chiropractic participates in the International Franchise Association’s VetFran program, offering qualified veterans a discount on the franchise fee. According to the company, this helps service members apply leadership and operational skills to multi-unit ownership and long-term wealth-building opportunities.

What makes The Joint Chiropractic’s care model in Rhode Island different from traditional clinics?

The Joint Chiropractic emphasizes on-demand chiropractic care without appointments, insurance requirements, or lengthy wait times. According to the company, this model aims to expand access to non-invasive pain relief, mobility improvement, and proactive wellness care for patients across Rhode Island and nationwide.