· initial franchise fee $29,000 $29,000 security & utility deposits $3,700 $4,800 3 months’...
TRANSCRIPT
THE JOINT ADVANTAGE Industry The Joint
Affordable $50-$75 co-pay + billed insurance $22 / Adjustment
Numerous, Convenient Locations Medical Centers / Offices Retail Locations
Walk-In/No Appointment Appointments Required No Appointments
Insurance Caps/Co-Pays Yes None
Inviting/Consumer-Centric Design Sterile/Cold Approachable Consumer Retail
Service Limited / Inconsistent Open 6-7 Days; Nights & Weekends
Expenditure Low ($K) High ($K)
Initial Franchise Fee $29,000 $29,000
Security & Utility Deposits $3,700 $4,800
3 Months’ Lease Rent $7,200 $27,000
Architectural $1,500 $4,000
Leasehold Improvements $18,000 $130,000
Signage $3,600 $9,000
Office Equipment, Furniture & Fixtures $13,000 $26,000
Chiropractic or Other Professional Equipment $5,700 $9,000
Computer Hardware, Software, Supplies & Installation $4,200 $6,000
Business Licenses & Permits $750 $1,800
Professional Fees & Services $600 $6,200
Insurance $4,000 $8,000
Initial Training Expenses, Including Travel $1,300 $2,300
Start-Up Supplies-Uniforms, contracts, invoices and other office supplies $1,250 $2,000
Marketing Expenses for Grand Openings/Start-Up and Up to the 3rd Month of Operation $16,000 $25,000
3 Months’ Office Management Software Fee $825 $825
Additional Funds—3 Months $20,000 $35,000
Total Estimated Initial Investment $130,625 $325,925
