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 | Hayes HandpieceThe Local Handpiece Repair Center |
Business Type
FranchiseMin Liquid Capital
$32,800 to $52,400* For Current Info See:
Franchise Disclosure Document
Overview
Hayes is the uncontested leader in the
dental handpiece (drill) repair business. We started as a small family
owned business run out of a garage and have evolved to the market
leaders with over 75 locations worldwide and expected sales of $15
million in 2006.
If you are looking for the perfect small business in a booming recession-proof market that can be started out of your home, this is it! The dental industry is an estimated $8 billion dollar market in the U.S. alone and is expected to keep growing as the population grows and ages.
If you are looking for the perfect small business in a booming recession-proof market that can be started out of your home, this is it! The dental industry is an estimated $8 billion dollar market in the U.S. alone and is expected to keep growing as the population grows and ages.
Products & Services
Handpiece repair is and always will be in high demand due to the
rigorous sterilization procedures (autoclaving) required by OSHA
that substantially increases the rate
at which the dental instruments (drills) breakdown. On average,
dentists have 5 to 15 handpieces that need to be serviced once a
year; and some handpieces need even more maintenance depending on
usage. We charge approximately $89 to $200 to service dental handpieces.
Dentists have very few quality choices of where to send their handpieces for repair. Most repair options are costly and have a slow turnaround. Additionally, the dentists must go through the hassle of packaging up the handpiece and sending it off for repair. All of the Hayes offices are successful because they fulfill the need for prompt, local, quality repairs at a reasonable price.
Hayes is the only independent handpiece repair company that has relationships with the major manufacturers providing us with factory parts and technology. These partnerships provide us with a competitive edge allowing us to repair handpieces and provide customers with quality choices that others cannot.
Dentists have very few quality choices of where to send their handpieces for repair. Most repair options are costly and have a slow turnaround. Additionally, the dentists must go through the hassle of packaging up the handpiece and sending it off for repair. All of the Hayes offices are successful because they fulfill the need for prompt, local, quality repairs at a reasonable price.
Hayes is the only independent handpiece repair company that has relationships with the major manufacturers providing us with factory parts and technology. These partnerships provide us with a competitive edge allowing us to repair handpieces and provide customers with quality choices that others cannot.
Training & Support
- Provide you with the best education possible on the dental business and the handpiece service industry.
- Two one week training sessions at our corporate offices in San Diego, California.
- The most thorough comprehensive training manuals available (proprietary).
- Have a Hayes Representative from corporate headquarters set you up at your location for 3 days at no additional charge.
- Ongoing training at no cost to you.
- Comprehensive online training including videos.
- Ongoing 1-800 technical support.
- Option to send in to the master repair center any handpiece that you are having difficulty while maintaining a high gross profit.
- Access to exclusive parts suppliers that we have earned after being in the Dental business for over 30 years.
- Repair parts below wholesale prices.
- National advertising in dental trade publications and the world wide web.
- Trade show support (we help you work your first one).
- Sliding royalty fee of 3.5% to 5%.
- No royalties for the first 60 days.
Why Hayes Handpiece?
Parts. Our franchisees buy their
parts from us because they are the highest quality available and
because they are the most competitively priced, not because they
have to. They don’t. They could buy from other vendors if
they wanted to. However, we deal in such large volumes that we
can pass on the massive savings to the franchisee. Furthermore,
we make several of our own parts, which allows us to control the
quality (a problem with many of the parts from the aftermarket
vendors).
Technology. We have been repairing handpieces for the last 15 years. We have developed and acquired tooling through our master repair facility and our international contacts--all enabling us to repair a wide range of handpieces.
Products. Yes, the franchisees have the option to sell new handpieces as well as other products. As an example, to complement our repair service and to add new products, we've developed the best handpiece lubricant on the market. Tiger OneStep is a specially formulated synthetic lubricant that is needed almost every time a dentist uses a handpiece and it is available only through Hayes.
Technology. We have been repairing handpieces for the last 15 years. We have developed and acquired tooling through our master repair facility and our international contacts--all enabling us to repair a wide range of handpieces.
Products. Yes, the franchisees have the option to sell new handpieces as well as other products. As an example, to complement our repair service and to add new products, we've developed the best handpiece lubricant on the market. Tiger OneStep is a specially formulated synthetic lubricant that is needed almost every time a dentist uses a handpiece and it is available only through Hayes.
Are You a Good Fit for Hayes Handpiece?
Franchise fee:Approx. $29,000 Including:
- Exclusive territory of 750 dentists
- 2 week initial training
- Onsite setup
- Turnkey operation
Optional High-speed tooling and beginning inventory: Approx. $8,500
Optional low-speed tools and equipment: Approx. $1,500
Optional low-speed beginning inventory: Approx. $500
Travel and living expenses during training: Approx. $1,000
Miscellaneous opening costs: Approx. $2,000
Advertising/marketing: Approx. $2,000
Additional funds: Approx. $1,000
Total: Approx. $33,000 to $44,500
