-Husband-and-wife team are multi-unit franchisees of The Joint in Houston-
SCOTTSDALE, Ariz., March 28, 2023 /PRNewswire/ -- The Joint Corp. (NASDQ: JYNT), the nation's largest provider of chiropractic care through The Joint Chiropractic® network, announces Noah Stone and Vy Tran as the International Franchise Association's (IFA) 2023 Franchisee of the Year. Stone and Tran are multi-unit franchisees for The Joint Chiropractic and were recently honored at the 63rd IFA Annual Convention in Las Vegas, Nevada, for being an outstanding franchise establishment owner-operator.
"Franchisee of the Year recipients represent the best in franchising," said Matthew Haller, president and CEO of the International Franchise Association. "This is the highest honor IFA awards to individual franchisees, and local business owners like Noah and Vy exemplify the power of franchising and its positive contributions to communities around the world."
The Franchisee of the Year Award recognizes leading franchise owners from IFA member brands whose outstanding performance and contributions help protect, enhance, and promote the franchise business model. Nominated by their parent company, individuals are selected for their service to their communities, fostering a strong and vibrant workforce, opening the doors for career growth and entrepreneurship, and supporting their fellow franchisees.
"The franchising community is full of bright, dedicated and passionate individuals who create impactful, positive change for the families and consumers within their local communities," said Stone. "Vy and I are honored to be selected by the IFA as the recipients of this prestigious award."
Stone and Tran are the franchisees of nine The Joint clinics in the Houston area and consistently rank as top performers in monthly sales and new patient acquisition across The Joint's 800-plus locations. In 2021, the couple was selected as The Joint's Franchisee of the Year, receiving the award for their strong operational and financial compliance, passion for the brand and willingness to assist others in the system. This is evident through Stone's service on The Joint's National Franchisee Advisory Board (NFAB) for two years as well as his recent election to a ninth term as President of The Joint Houston franchisee cooperative.
As a sign of their gratitude and appreciation, Stone and Tran find a number of ways to give back to their community. Stone shared, "One of the most beneficial and overlooked aspects of franchising is that the majority of the economic benefit of these successful small businesses stays within the local community where many franchisees typically work and live, rather than such benefits being consolidated within a major out of state corporation or possibly sent overseas."
The husband and wife duo are passionate advocates of chiropractic and the future of the profession, providing ongoing financial contributions to chiropractic colleges throughout the country. They are one of the Houston area's most prominent donors to local high school athletic programs in Spring, The Woodlands, and Conroe while also contributing to The Joint Chiropractic's partnerships with the University of Houston and Rice University.
"Noah and Vy consistently exemplify excellent leadership, dedication and service to their clinics, their fellow franchisees, their patients and their local community," said Peter D. Holt, president and CEO of The Joint. "These qualities have set them apart as elite franchisees within The Joint Chiropractic, and this recognition by the IFA is a testament to all they have accomplished."
There are approximately 800,000 franchised businesses across the U.S., providing over 8.4 million direct jobs and generating over $800 billion in economic output. According to Oxford Economics, franchising on average provides higher wages and better benefits than non-franchised businesses, as well as greater entrepreneurial opportunities to minorities, women, veterans, and other underrepresented communities.
About The Joint Chiropractic
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. With more than 800 locations nationwide and more than 12 million patient visits annually, The Joint Chiropractic is a key leader in the chiropractic industry. Consistently named to Franchise Times "Top 500+ Franchises" and Entrepreneur's "Franchise 500" lists and recognized by FRANdata with the TopFUND award, as well as Franchise Business Review's "Top Franchise for 2023," "Most Profitable Franchises" and "Top Franchises for Veterans" ranking, 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.
Business Structure
The Joint Corp. is a franchisor of clinics and an operator of clinics in certain states. In Arkansas, California, Colorado, District of Columbia, Florida, Illinois, Kansas, Kentucky, Maryland, Michigan, Minnesota, New Jersey, New York, North Carolina, Oregon, Pennsylvania, Rhode Island, South Dakota, Tennessee, Washington, West Virginia and Wyoming, The Joint Corp. and its franchisees provide management services to affiliated professional chiropractic practices.
About the International Franchise Association
Celebrating over 60 years of excellence, education, and advocacy, the International Franchise Association (IFA) is the world's oldest and largest organization representing franchising worldwide. IFA works through its government relations and public policy, media relations, and educational programs to protect, enhance and promote franchising and the approximately 790,492 franchise establishments that support nearly 8.4 million direct jobs, $825.4 billion of economic output for the U.S. economy, and almost 3 percent of the Gross Domestic Product (GDP). IFA members include franchise companies in over 300 different business format categories, individual franchisees, and companies that support the industry in marketing, law, technology, and business development.
SOURCE The Joint Corp.
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