Hayes Handpiece Franchise
Tuesday, April 27, 2010 at 01:49AM Dental handpiece repair
On average, dentists have five to 15 handpieces that need to be serviced each year, and some handpieces need to be maintained more frequently. John Hayes owned a dental equipment business when he realized handpiece repair was the most profitable and least time-consuming aspect of his business. He and his wife, Jo, founded Hayes Handpiece in Carlsbad, California, in 1989 as an alternative to handpiece manufacturers and dental supply houses that have long turnaround times and higher prices. Their son Joe now runs the franchise portion of the company.
The stores offer free pick-up and delivery and 24-hour turnaround. While they occasionally sell new handpieces as well, they specialize in selling rebuilt, used handpieces.
Start-up Costs & Franchises Fees
What is the total cost to open a Hayes Handpiece Franchises?
Total Cost: $60,800-$62,500
Total Franchise Fees: $45,000 USD
Ongoing Royalty Fees: 3.5-5%
Ongoing Advertising Fees:
Term of Agreement: 10 years
Contact Information for Hayes Handpiece
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Hayes Handpiece Franchises Inc. |
Phone Number: (760)602-0521 |
Hayes Handpiece In the Press
No results at this time.Historical Expansion
In what year did Hayes Handpiece begin operations? 1989
When did Hayes Handpiece begin selling franchises? 1995
Year United States Canada International Corporate 2004 65 2 2 5 2003 66 2 2 1 2002 57 1 3 7 2001 48 1 3 9 2000 44 1 3 10
Future Expansion
United States: Hawaii, Indiana, Maryland, Maine, Missouri, North Carolina, New Jersey, Nevada, New York, South Carolina, Tennessee, Texas, Virginia,
Countries of Interest:
Franchise Financing Information
Cost In House Financing Available? 3rd Party Financing Available? Franchise Fee No No Initial Start-up Capital No No Plant, Property, and Equipment No No Inventory No No Accounts Receivable No No Payroll No No
Training & Support
Support
In the Pressletter, Meetings, Toll free phone number, Grand opening support, Internet referrals, Safety and Security procedures, Field support and site evaluation, Purchasing cooperatives
Marketing
Cooperative advertising, Ad slicks, National media, Regional advertising support
Franchise Operation Restrictions
This franchise can be run as a home based business franchise.2% of all franchise business owners own more than one franchise location.
Number of employees needed to run franchised unit: 5
Absentee ownership of this franchise business is not available to new franchisees. (100% of current franchise business owners are owner/operators)
Franchise Analyzer Professional's Inside Information
Can you buy this franchise for no money down? YesPlease note: You must download a free copy of Franchise Analyzer Professional to receive these benefits and so much more. Click here to download your FREE copy now.
What key terms in the franchise agreement can be negotiated? Cross-default provisions, arbitration clause, personal guarantee, default cure periods, non-compete agreement, favorable valuations for corporate buyout
Can you negotiate lower royalties during start-up? Yes
Can you purchase multiple franchises for a discounted franchise fee? Yes
Can you receive lower advertising fees? Yes
Will I know when the franchise break even? Yes
Will my personal assets including my home be safe in case my franchise business fails? Yes