Do you want to start a dental equipment business by buying a franchise? If YES, here are 5 best dental equipment repair franchise opportunities for sale and their cost.
The Dental Equipment Repair Industry is a 2 billion Dollars Industry and the industry is expected to grow to 18 percent by 2024, according to the US Bureau of Labor Statistics.
A recently released statistics shows that dentists and dental specialists hold roughly 170,000 jobs in the United States of America and of course the employment of dentists is projected to grow nine percent through 2016, hence the demand for dental services is expected to continue to increase. The growth in both orthodontics and cosmetic services will greatly increase the need for their services.
The increase in activities in this industry means that there will be corresponding increase in the use of dental equipment which will ultimately lead to wear and tear of these equipment, hence the need for the services of dental equipment repair specialists. As new equipment costs continue to escalate, more dentists are choosing to repair their dental equipment as against going for new ones.
If you are interested in starting a business in this industry, you can actually start via franchising and of course opting for the franchise model of starting a business in the United States of America is one sure way to go especially if you are an aspiring entrepreneur or investor who wants to avoid the teething process associated with startups.
So, if you want to buy a dental equipment repair franchise, in no particular order, here are some of the best dental equipment repair franchises to buy in the United States of America.
5 Best Dental Equipment Repair Franchise Opportunities for Sale and Their Cost
- Dental Fix RX LLC
Dental Fix RX LLC is no doubt one of the leading dental equipment sales, service, and repair companies not just in the United States of America, but across the globe.
Dental Fix RX LLC was founded in 2009 and they have been franchising since 2009, about 10 years ago. They have their corporate head office at 4380 Oakes Rd., #800 Davie, FL 33314 and the current CEO of the company is Mr. David Lopez.
At Dental Fix RX LLC, franchise owners complete an extensive 42-day training program. They also provide five days of additional on-site support in each market during the opening phase. Once complete, each owner will have the technical skills necessary to repair equipment, sharpen tools, and rebuild handpieces.
They instill not only the knowledge but also the confidence to allow franchise owners to become successful in the untapped market of dental equipment repair. Their state of the art training facility includes an actual dental office with all the equipment and tools to train on.
Dental Fix RX LLC has relationships with third-party sources which offer financing to cover startup costs, equipment, and inventory. The company is seeking new franchise units from interested investors throughout the United States of America and also from Canada, Central America, Mexico, and South America.
- Initial Investment – $65,100 – $163,000
- Net-worth Requirement – $125,000
- Liquid Cash Requirement – $25,000
- Initial Franchise Fee – $25,000 – $25,000
- Ad Royalty Fee – $40-$65+/ week.
- Veteran Incentives – $5,000 startup inventory credit
- Orion Repair
Orion Repair is a standard dental and handpiece equipment repair company in the United States of America that is into franchising. Their business model is designed in such a way that it can be run from home and on a part-time basis.
The company was founded in 1996 and they have been offering their franchise opportunities since 2000. Orion Repair has her corporate head office at 4721 Rockvale Dr. Kissimmee, FL 34758.The company is offering new franchise opportunities to interested investors all across the United States of America and across the world.
- Initial Investment – $500 to $19k
- Total Units – 275
- The Dentist’s Choice
The Dentist’s Choice is one of the leading dental and handpiece equipment repair companies in the United States of America. The Dentist’s Choice has been repairing and servicing dental drills since 1992. Franchisees repair, rebuild and maintain all models of dental handpieces (drills).
The Dentist’s Choice has been franchising since 1994, about 25 years ago. They have their corporate head office at 774 Mays Blvd., #10-297 Incline Village, NV 89451 and the current CEO of the company is Mr. Steve Everhart. The company is seeking new franchise units all across the United States of America and Canada.
- Initial Investment – $55,400 – $59,500
- Net-worth Requirement – $100,000
- Liquid Cash Requirement – $60,000
- Initial Franchise Fee – $45,000 – $45,000
- Ongoing Royalty Fee – 5 to 3%
- Veteran Incentives – Up to 5% off franchise fee
- Handpiece Express
Handpiece Express is a standard dental – drill equipment repair company in the United States of America that is into franchising. The company was founded in 1994 and they have been franchising since 1998. They have their corporate head office at 1615 Hill Rd., #7 Novato, CA 94947.
Their business model is designed in such a way that it can be run from home and also on a part-time basis. Handpiece Express is seeking new franchise units all across the United States of America but exclusive territories are available.
- Initial Investment – $35k
- Total Units – 30
- Mi-Tek Dental Equipment Repair
Mi-Tek Dental Equipment Repair of one of the leading dental equipment repair companies in the United States of America that is into franchising and they are current seeking candidates for expansion. Mi-Tek’s training is an extremely profitable avenue for a mechanically inclined business people or anyone seeking a career change.
Interestingly, there are no ongoing franchise fees and no restricted territories and you can actually become an independent Dental Equipment Repair Technician in as little as 12 days with Mi-Tek Dental Equipment Repair. Mi-Tek Dental Equipment Repair is seeking new franchise units all across the United States of America and the world.
- Total Investment – $35,000 – $45,000
- Cash Required – $35,000