The Joint Corp. Completes Partial Sale of 45 Southern California Clinics to Elite Chiro Group

The Joint Corp. announced the partial completion of its asset sale transaction with Elite Chiro Group involving 45 corporate-owned or managed chiropractic clinics in Southern California. On April 27, 2026, the company closed on 13 clinics, with Elite Chiro Group assuming immediate ownership. For the remaining 32 clinics, Elite Chiro Group assumed business operations through a Management Service Agreement while awaiting lease assignments to complete the ownership transfer. The total transaction value is approximately $2.3 million, subject to adjustments. This transaction represents a strategic shift for The Joint Corp. toward becoming a "pure-play franchisor" model, reducing its corporate-managed clinic portfolio to just three locations out of 960 total clinics nationwide. The company continues to advance refranchising efforts for the remaining corporate-owned clinics.