Franchise Directory
2 franchise brands scored by real SBA loan performance data.
Sources: SBA 7(a) Foia Data, FTC Franchise Rule (FDDs)
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, PeerSense Capital Advisory · Updated April 27, 2026
Showing 1-2 of 2 franchises in Chiropractic Services
NuSpine Chiropractic
Chiropractic ServicesThe question every serious franchise investor should ask before writing a six-figure check is this: does the model solve a real, recurring consumer problem at a price point that drives repeat visits? NuSpine Chiropractic was built to answer that question with an emphatic yes. Founded in 2013 by Dr. Todd Hedlund in Lincoln, Nebraska, NuSpine emerged from a practitioner's frustration with traditional chiropractic care's prohibitive cost structure and episodic, insurance-dependent access model. Dr. Hedlund brought 33 years of clinical and business experience to the concept, having already opened nearly 23 successful chiropractic clinics before launching what he called the "NuSpine Experience" — a membership-based, affordable chiropractic care model designed to strip away the administrative friction of conventional practice and deliver high-frequency, lower-cost adjustments to a mass market. The company later relocated its corporate headquarters from Lincoln, Nebraska to Scottsdale, Arizona, reflecting the brand's westward expansion ambitions, and operates under the parent entity NuSpine Franchise Systems LLC. The brand began franchising in 2019 and has since surpassed 200 licenses sold and in development across the United States, with the 2025 Franchise Disclosure Document reporting 34 franchised locations open in the USA, 18 of them concentrated in the West region across 9 states. For franchise investors evaluating the chiropractic care segment, NuSpine Chiropractic represents a still-emerging brand in a category generating billions in annual consumer spending — one that has demonstrated aggressive licensing velocity while navigating the operational challenges that define any growth-stage franchise system. This analysis is produced independently by PeerSense and reflects no commercial relationship with NuSpine Franchise Systems LLC. The U.S. chiropractic industry generates approximately $19 billion in annual revenue and serves an estimated 35 million Americans each year, according to industry trade data, making it one of the most utilization-dense segments within the broader complementary and alternative medicine market. Demand is structurally supported by several powerful secular trends: an aging U.S. population experiencing higher rates of musculoskeletal disorders, a post-pandemic surge in awareness of non-pharmaceutical pain management alternatives, and the rapid proliferation of desk-bound remote work arrangements that have dramatically increased rates of neck, back, and postural complaints among working-age adults. The American Chiropractic Association estimates that back pain alone is the second most common reason Americans visit a doctor, affecting roughly 80% of the population at some point in their lives — a demand signal that is both massive and remarkably consistent across economic cycles. The chiropractic franchise sub-sector specifically has attracted significant investor and operator interest precisely because it combines recurring-revenue membership mechanics with a relatively asset-light service delivery model, low consumable costs, and a growing body of clinical literature validating chiropractic's effectiveness for common ailments that drive repeat visits. The competitive landscape within franchised chiropractic remains comparatively fragmented, with a handful of national brands competing alongside thousands of independent practitioners — a dynamic that favors franchise systems offering superior brand recognition, operating systems, and volume-driven pricing over solo operators. NuSpine Chiropractic's membership model directly addresses the consumer friction of high per-visit costs, positioning the brand at the intersection of the wellness economy's most durable growth vectors: affordability, accessibility, and preventive care. The NuSpine Chiropractic franchise cost structure is designed to position the brand as accessible relative to the broader chiropractic franchise sub-sector, where average initial investment benchmarks range from approximately $255,597 to $670,319. The initial franchise fee for NuSpine is $49,000 for the first license, with a discounted fee of $40,000 applied to each additional license acquired by the same franchisee — a structure that creates meaningful incentives for multi-unit development. It is worth noting that at least one source documents a franchise fee of $39,000, suggesting the fee schedule may have been adjusted at different points in the brand's franchising history. Total initial investment ranges vary across reporting periods and sources, with documented figures spanning from a low of $175,450 to a high of $585,800, and one source citing a range as wide as $543,645 to $889,521 — the wide dispersion reflects the significant influence of geography, clinic size, lease terms versus property purchase decisions, and build-out requirements on total capitalization needs. The most commonly cited range across multiple disclosure periods falls between $177,900 and $405,250, which positions NuSpine Chiropractic as a mid-tier investment within its category and meaningfully below the sub-sector ceiling. Ongoing fees include a royalty rate of 7% of gross sales, though at least one source documents a 6% royalty in an earlier period, and franchisees are also required to contribute 1% of gross sales to a brand fund for advertising purposes. A technology fee of $549 is assessed separately. Financial qualification thresholds require prospective franchisees to demonstrate a minimum of $100,000 in liquid capital and a minimum net worth of $250,000 to $300,000, with working capital estimated between $20,000 and $90,000. Third-party financing options are available for qualified candidates, and investors should evaluate SBA loan eligibility as part of a complete financing analysis given the brand's structure and asset profile. The NuSpine Chiropractic operating model centers on a membership-based service delivery framework in which patients — referred to as members — pay a recurring monthly fee in exchange for a set number of chiropractic adjustments, creating predictable revenue for the franchisee and eliminating the high administrative burden of insurance billing that characterizes traditional chiropractic practice. Daily operations require a licensed chiropractor on staff as the clinical lead, supported by a small front-desk and wellness coordinator team, making the staffing model relatively lean compared to multi-specialty health clinics. NuSpine Chiropractic provides franchisees with a structured training program that includes 30 hours of classroom instruction and 9 hours of on-the-job training, ensuring both the business operator and clinical staff are equipped with the system's operational protocols, membership sales processes, and patient retention strategies before the clinic opens. Ongoing corporate support is delivered through the brand's Director of Operations, Ronny Record, and the broader franchise support infrastructure overseen by leadership that includes Chief Development Officer Tim O'Sullivan, who joined the executive team by January 2021. Territory structure is organized through an Area Representative system that allows individual investors to control geographic sub-markets and either develop their own clinics or sub-franchise to unit operators within their territory — the AR model has been a primary driver of NuSpine's rapid license count expansion, with 166 AR licenses awarded across 10 states as of April 2021 alone. The brand's expansion into the Area Representative licensing structure, alongside traditional single-unit franchising, creates a layered investment opportunity that appeals to both owner-operators seeking to run a single clinic and capital-allocators interested in building regional franchise portfolios. Item 19 financial performance data is not disclosed in the current Franchise Disclosure Document, with the FDD reporting "N/A" for return on investment figures — a significant data gap for prospective investors conducting unit economics analysis. While Item 19 disclosure is optional under FTC franchise rules, its absence means investors cannot benchmark NuSpine Chiropractic franchise revenue against disclosed system-wide averages, and must rely on alternative data signals to assess earning potential. The most directly relevant anecdotal evidence comes from franchisee Nicole Mackin of the Woodstock, Georgia location, who reported in March 2022 that her clinic achieved over 80% conversion rates and double the revenue compared to her first store opening, attributing the performance improvement to updated training protocols — a data point that suggests meaningful unit-level variability driven by operator execution and training adoption. Industry benchmarks for membership-based chiropractic clinics indicate that mature, well-located units generating 200 to 400 active members can produce annual gross revenues ranging from roughly $300,000 to over $600,000, though these figures are general market estimates and not NuSpine-specific disclosures. The membership model's inherent mechanics — predictable monthly recurring revenue, low cost of goods, and high operating leverage once fixed costs are covered — are structurally favorable for margin expansion as a clinic scales its member base, and the 7% royalty rate plus 1% brand fund contribution represent a total ongoing fee load of 8% of gross sales, which is consistent with service-sector franchise norms. Investors should request access to the full FDD Item 19 section, conduct franchisee validation interviews across multiple markets, and model conservative, base, and optimistic member ramp scenarios before committing capital. NuSpine Chiropractic's unit growth trajectory demonstrates the profile of a franchise system in active, aggressive expansion following its 2019 franchising launch. The brand awarded 84 Area Representative licenses across eight states in 2020, alongside 12 additional franchise licenses in the same period, and in just a four-month window of 2020, sold 73 AR licenses across seven states including 10 in Nevada, 16 in Arizona, 16 in Georgia, 21 in the Dallas/Fort Worth market, and 10 covering a Nebraska, Southwest Iowa, and Northwest Missouri territory. By the end of 2020, an additional 11 licenses were sold for the San Diego region alone. The first quarter of 2022 saw the brand report 40% unit growth, with 8 new franchise licenses awarded and a total of 44 clinics either open or in development — and projections for the full year 2022 included awarding 40 additional licenses and opening 19 new clinics. Leadership has evolved in tandem with growth: Dr. Todd Hedlund remains the Founder, Ryan Tabloff is listed as CEO in recent sources, Marc Ott held the CEO role in early 2022, and franchising veteran John Leonesio joined NuSpine's Board of Managers in October 2019, bringing deep experience in scaling emerging franchise brands. The brand has identified the Northeast and West Coast as primary white space opportunities where its presence remains limited relative to population density, creating a clear geographic expansion thesis for new franchisees entering those markets. It must be noted that one external database entry characterizes NuSpine Chiropractic as a "deadpooled company" as of March 2026, a designation that directly conflicts with the 2025 FDD reporting 34 open franchised locations and ongoing licensing activity — investors conducting due diligence should seek current FDD disclosure and direct franchisor verification to reconcile this discrepancy before making any investment decision. The ideal NuSpine Chiropractic franchise candidate does not need to be a licensed chiropractor — the model is specifically designed to be operated by business-minded franchisees who hire credentialed clinical staff — but successful operators typically bring experience in sales-driven service businesses, membership model management, or healthcare administration, all of which translate directly into the member acquisition and retention activities that drive unit economics. Multi-unit development is encouraged by the franchise fee discount structure, where additional licenses are acquired at $40,000 versus the $49,000 first-unit fee, and the Area Representative model creates a pathway for investors seeking regional territory control rather than single-unit operations. Financial qualification thresholds of $100,000 in liquid capital and $250,000 to $300,000 net worth are meaningfully accessible relative to franchise investment categories like quick-service restaurants or fitness clubs, broadening the potential candidate pool. As of the most recent reporting, available states for franchising include Colorado and Texas, with the brand's stated expansion focus on Northeast and West Coast markets where franchised chiropractic penetration remains low relative to population. The timeline from franchise agreement execution to clinic opening is influenced by real estate selection, build-out, and state licensing requirements — prospective investors should plan for a multi-month pre-opening process and ensure working capital reserves of $20,000 to $90,000 are preserved through the ramp period. Territory exclusivity through the Area Representative structure provides geographic protection that is a meaningful competitive advantage in a category where local market saturation can erode member acquisition economics. For investors evaluating the NuSpine Chiropractic franchise opportunity as part of a disciplined due diligence process, the investment thesis rests on several interlocking factors: a structurally growing chiropractic services market serving 35 million Americans annually, a membership revenue model that creates recurring cash flows with strong retention incentives, an entry investment that the brand positions below the chiropractic sub-sector average range of $255,597 to $670,319, and a franchise system that surpassed 200 licenses sold across the United States before its sixth year of franchising. The absence of Item 19 financial performance disclosure is a material gap that elevates the due diligence burden for any prospective franchisee, and the conflicting external data regarding current operational status underscores the importance of obtaining and reviewing the current 2025 FDD directly, speaking with existing franchisees, and verifying the system's present unit count and corporate health before committing capital. The brand's leadership evolution, its aggressive Area Representative licensing strategy, and the Woodstock, Georgia franchisee's reported double-revenue performance following updated training all point to a system actively investing in its support infrastructure — signals worth weighing alongside the unresolved questions about unit-level profitability. PeerSense provides exclusive due diligence data including SBA lending history, FPI score, location maps with Google ratings, FDD financial data, and side-by-side comparison tools that allow investors to benchmark NuSpine Chiropractic against peer brands across the chiropractic and health services franchise categories. Explore the complete NuSpine Chiropractic franchise profile on PeerSense to access the full suite of independent franchise intelligence data.
The Joint Chiropractic
Chiropractic ServicesThe Joint Chiropractic was founded in 1999 by Dr. Fred Gerretzen in Tucson, Arizona, with a revolutionary vision to make chiropractic care convenient, affordable, and widely accessible. Dr. Gerretzen, a practicing chiropractor, identified significant barriers preventing many individuals from regularly seeking chiropractic adjustments, primarily the complexities of insurance billing and the necessity of scheduled appointments. His innovative solution was a streamlined, walk-in clinic model centered on a membership-based approach, fundamentally simplifying access to care. This pioneering brand operated on this distinct premise for over a decade before its acquisition by The Joint Corp. in 2010. This acquisition marked a transformative period, injecting substantial capital and crucial franchising expertise into the burgeoning concept. Under its new ownership, The Joint Chiropractic brand embarked on an aggressive national expansion strategy, successfully transforming a promising regional idea into a national phenomenon. From a modest network of fewer than 30 clinics in 2010, the brand has achieved exponential growth, firmly establishing itself as the largest operator and franchisor of chiropractic clinics across the United States. Its market position is uniquely defined by its disruptive operational model, which effectively bypasses traditional insurance complexities and removes the need for appointment scheduling, offering a distinct "no-appointment, no-insurance" value proposition. This straightforward approach deeply resonates with modern consumers who prioritize transparent, proactive, and convenient healthcare solutions. The Joint Chiropractic franchise has skillfully carved out a significant niche, appealing to a broad demographic of individuals who prioritize wellness and preventative care without the typical administrative hurdles associated with conventional medical practices. This strategic positioning solidifies the brand not merely as a provider of chiropractic
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Top 200 Franchises by SBA Loan Volume
The 200 franchise brands with the deepest public SBA 7(a) loan track records, ranked by approval volume. Each profile includes peak SBA year, top state, average loan size, and lender concentration ratio, the data prospective franchisees and capital advisors use to benchmark a brand's financing accessibility.
- 1.Subway6,080
- 2.Quiznos2,764
- 3.Dairy Queen2,005
- 4.Anytime Fitness1,274
- 5.Cold Stone Creamery1,219
- 6.Quality Inn1,191
- 7.Ace Hardware1,175
- 8.The UPS Store1,108
- 9.Jimmy John's1,071
- 10.Comfort Inn & Suites945
- 11.Best Western882
- 12.Domino's Pizza880
- 13.Econo Lodge794
- 14.Baskin-Robbins775
- 15.SERVPRO717
- 16.Smoothie King707
- 17.Firehouse Subs698
- 18.The Goddard School687
- 19.Matco Tools676
- 20.Blimpie658
- 21.Meineke Car Care Centers632
- 22.Motel 6613
- 23.Maaco608
- 24.Great Clips600
- 25.Massage Envy591
- 26.AAMCO Transmissions,584
- 27.Hampton by Hilton582
- 28.Kiddie Academy567
- 29.Primrose Schools554
- 30.Ameriprise Financial540
- 31.La Quinta by Wyndham539
- 32.Fantastic Sams536
- 33.Schlotzsky's532
- 34.Minuteman Press527
- 35.FASTSIGNS504
- 36.Choice Hotels499
- 37.Marco's Pizza499
- 38.Curves493
- 39.Edible490
- 40.Ramada by Wyndham484
- 41.HOTWORX482
- 42.Papa Murphy's480
- 43.Midas478
- 44.Big O Tires466
- 45.Jersey Mike's463
- 46.Red Roof Inn461
- 47.Home Instead445
- 48.Cicis Pizza437
- 49.Burger King419
- 50.Super 8409
- 51.Budget Blinds409
- 52.Play It Again Sports408
- 53.Zaxby's393
- 54.ServiceMaster390
- 55.European Wax Center389
- 56.Sleep Inn382
- 57.Days Inn369
- 58.The Learning Experience364
- 59.Culver's363
- 60.Tropical Smoothie Cafe363
- 61.Dunkin' Donuts359
- 62.Howard Johnson349
- 63.All Tune and Lube348
- 64.Scooter's Coffee342
- 65.Rodeway Inn339
- 66.Arby's330
- 67.Kids R Kids326
- 68.Snap Fitness323
- 69.Sport Clips320
- 70.Christian Brothers Automotive319
- 71.Nothing Bundt Cakes318
- 72.Planet Beach318
- 73.Golden Corral315
- 74.Shell Service Station311
- 75.Comfort Inn301
- 76.Wingstop292
- 77.Crumbl Cookies290
- 78.BIGGBY Coffee289
- 79.Liberty Tax287
- 80.Americas Best Value Inn285
- 81.Microtel by Wyndham284
- 82.Supercuts283
- 83.Denny's282
- 84.Cottman Transmission281
- 85.The Little Gym281
- 86.Club Pilates281
- 87.Camp Bow Wow281
- 88.Holiday Inn Express276
- 89.Sign*A*Rama275
- 90.F45 Training270
- 91.Dickey's Barbecue Pit270
- 92.Once Upon A Child268
- 93.Naturals2go265
- 94.RE/MAX262
- 95.Menchies258
- 96.Sylvan Learning256
- 97.Huntington Learning Center251
- 98.Marble Slab Creamery249
- 99.TCBY247
- 100.Rita's Italian Ice247
- 101.True Value242
- 102.Gold's Gym242
- 103.The Grounds Guys241
- 104.Pet Supplies Plus240
- 105.Pizza Ranch237
- 106.Papa John's230
- 107.FedEx Ground223
- 108.Petland220
- 109.Post Net217
- 110.Texaco Service Station212
- 111.Grease Monkey211
- 112.General Nutrition Center210
- 113.Batteries Plus207
- 114.Line-X204
- 115.Century 21203
- 116.Rainbow International203
- 117.Knights Inn202
- 118.Mellow Mushroom201
- 119.Wendy's200
- 120.Cartridge World198
- 121.Great Harvest Bread Co.197
- 122.Pure Barre196
- 123.Amazing Lash Studio195
- 124.Jackson Hewitt Tax Service195
- 125.Popeyes194
- 126.NAPA Auto Parts193
- 127.Mr. Goodcents192
- 128.Baymont189
- 129.Snap-On-Tools188
- 130.Little Caesars188
- 131.Radio Shack187
- 132.Molly Maid185
- 133.Merle Norman Cosmetics180
- 134.Two Men And A Truck180
- 135.Urban Air Adventure Park180
- 136.Fox's Pizza177
- 137.Dogtopia175
- 138.Sonic174
- 139.Planet Fitness173
- 140.Rocky Mountain Chocolate Factory173
- 141.Pearle Vision172
- 142.Jet's Pizza F/A172
- 143.Bee Hive Homes171
- 144.Exxon170
- 145.Jiffy Lube167
- 146.Auntie Ann's (Soft Pretzels)167
- 147.X-Golf166
- 148.College Hunks Hauling Junk165
- 149.Sir Speedy Printing163
- 150.Wild Birds Unlimited161
- 151.Pita Pit161
- 152.Moe's Sw Grill160
- 153.Checkers Drive-In Restaurants159
- 154.Hollywood Tans159
- 155.Mr. Handyman158
- 156.Taco Bell158
- 157.Allstate Insurance157
- 158.PuroClean157
- 159.Senior Helpers156
- 160.Wetzel's Pretzels156
- 161.Floor Coverings156
- 162.Visiting Angels154
- 163.Right at Home153
- 164.Which Wich F/A152
- 165.Brusters Limited Partnership150
- 166.Mountain Mike's Pizza150
- 167.D1t Raining149
- 168.Health Mart148
- 169.Candlewood Suites146
- 170.Code Ninjas146
- 171.Mr. Electric145
- 172.Sunoco Service Station145
- 173.Gameday Mens Health144
- 174.GOLF ETC OF AMERICA144
- 175.Wingate by Wyndham143
- 176.Cyclebar143
- 177.Waterstation142
- 178.CertaPro Painters142
- 179.Mr. Appliance141
- 180.Burn Boot Camp Fitness141
- 181.Stretch Lab140
- 182.Mighty Dog Roofing139
- 183.Fitness Together138
- 184.Teriyaki Madness138
- 185.Church's Fried Chicken137
- 186.Taco John's137
- 187.Comfort Suites136
- 188.Bahama Bucks134
- 189.Hobbytown Usa134
- 190.Huddle House134
- 191.Comfort Keepers134
- 192.PIRTEK134
- 193.Buffalo Wild Wings133
- 194.Goldfish Swim School132
- 195.Medicap Pharmacy131
- 196.Dbat131
- 197.Pump It Up Holdings130
- 198.Carvel130
- 199.Atlanta Bread Company128
- 200.AlphaGraphics126
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5.50–11.75%Up to $5M acquisition / real estate / equipment. Equity injection is lender underwriting.
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5.60–7.10%10-yr non-recourse fixed, $5M–$500M+, fully assumable
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5.95–8.50%30-yr fixed rental, qualifies on property cash flow
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5.50–12.00%Loan, lease, SBA 504, vendor, captive. Section 179 eligible
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5.85–11.75%CMBS + SBA 504 + bridge + PIP across all flags
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7.80–18.00%Non-bank flexibility, unitranche, recap, transitional
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0.5–3.5% / 30dB2B receivables, trucking / staffing / construction / govt
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7.50–11.50%Limited-doc commercial, asset-based underwriting
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