Do you want to start a dental clinic business by buying a franchise? If YES, here are 6 best dental franchise opportunities for sale and their cost.
Private dental businesses have been expanding with some of them now offering franchises to the public. Owning a dental franchise means you are still your own boss, but you have the backing and guidance of a company that has an established and respected brand, and robust business management systems in place.
Smaller independent dental services can find it hard to compete with the big players, particularly as people are shopping around more and are being careful of what they spend on dental work. Though the dentistry sector is still worth tens of billions of dollars, there is evidence that austerity has led to a 13% fall in the amount American people are prepared to spend.
Maintaining profitability can come down to taking advantage of the buying power of a franchiser, providing you with preferential rates on equipment and supplies. Below is a list of some of the dental franchise opportunities you can get in the United States.
6 Best Dental Franchise Opportunities for Sale and Their Cost
- Primary Dentist
Primary dentist is a professional medical dental franchise in the United States. You can own the business either as a dentist, or as an investor/owner. Their franchise is based on their ownership and operation of several successful dental practices. You can be a part of the dental/medical industry, with your own franchised Primary Dentist practice.
- Liquid Capital Required: $50,000
- Net Worth Required: $250,000
- Total Investment: $209,272 – $479,172
- Franchise fee – $29,996
- Franchise duration – 5 years, with another 5 year renewal option.
- Royalty – 6% of gross sales.
- Dazzle Dental
This $70 billion dental industry topped the list in 2008 as being the most profitable
industry in the United States. They have developed a way in which you can tap into
the power of this highly lucrative industry without becoming a dentist yourself.
Dazzle Dental provides additional support in the form of Regional Business Managers and Regional Support Dentists who insure that their patented and trademarked services and procedures are followed, security levels maintained, and that the quality of dentistry performed is of the highest caliber.
Dazzle Dental’s Exclusive System provides expert management in support of personalized high quality dentistry by covering all the business and administrative functions. This includes a unique and extensive marketing program, the results of which have surpassed all industry performance standards. This has given them an unprecedented financial results.
You need to send them an email to inquire of the franchise cost, however, Interested parties should have at least $400,000 to invest.
- Dr. Razumenko`s Dental Clinic Franchise
The founder, head and the chief doctor of Dr. Razumenko dental clinics chain, is a doctor with 20 years’experience. Dr. Razumenko’s Dental Clinic are private clinics of a new generation which provide a full range of dental services by using the author’s method.
Dr. Razumenko’s Dental Clinic employs certified doctors of high category. All medical procedures are performed according to mandatory treatment plan by using innovative certified materials and up-to-date equipment.
- Total investments: from $350,940
- Royalty: 5%
- Franchise fee: $68,670
- Launch period: 6 months
- Payback period: 4 years
- Net profit: 20 – 25% of the turnover
- The Dentist’s Choice Franchise
The Dentist’s Choice is the industry-leading franchised network of locally owned dental hand piece businesses (low and high speed drills) offering repair, service and sales to dentists nationwide.
The dental clinic is recognized by Entrepreneur Magazine in the “Top 101 Home-Based Franchises” in May 2001, and is continually ranked in the “Annual Franchise 500” and “Best of the Best” issues. You, as a franchise owner, will operate in a large protected territory under a franchise agreement that promotes uniformity and consistency of personalized quality service, fast turnaround time, affordable prices and a 90-day parts and service guarantee.
- Franchise Fee: $45,000
5. Dental Fix RX LLC
Dental Fix franchise owners repair dental handpieces and equipment on-site. Dental Fix has no direct competitors and have personalized customer service. They are completely unique within the dental industry. Dental Fix’s consistent growth is recognized by Entrepreneur.com and Inc. 5000 rankings.
Rankings are attributed to long-term and sustained sales growth over the past decade. Dental Fix has been expanding its reach and now services over 28,000 dental offices throughout North America. Dental Fix technicians are required to train on a range of products for over 200 hours, and receive an 80% grade or higher on all exams. Throughout the year, their technicians receive updated training on all new product releases.
In addition to their in-depth repair knowledge, each technician undergoes training in proper customer etiquette to ensure the most satisfying repair experience. They have been franchising since 2009.
- Initial Investment – $62,600 – $153,500
- Net-worth Requirement – $125,000
- Liquid Cash Requirement – $25,000
- Initial Franchise Fee – $25,000 – $25,000
- Ad Royalty Fee – $40-$65+/wk.
6. AJ Dental Group of Multispecialty Clinics
AJ Group of Dental Clinics is a carefully selected group of franchise clinics providing comprehensive dental care to customers. Through best in class services, managed marketing, customer support, training & maintenance support, AJ clinics provides the most seamless dental care experience across its multitude of clinics. To be an AJ Dental Franchise, you need to meet the following criteria:
- A qualified BDS or MDS Dentist
- Valid registration with a state Dental Council
- At least 2 Years of work experience in Dental Clinics or Hospitals
- The applicant, and doctors associated with the proposed clinic should not have a past or ongoing legal case/liabilities.
- The applicant must not be a declared bankrupt.
- Franchise Fee: $30,000
- Royalty: 10% of gross sale