Hayes Handpiece Franchises Inc.

At a Glance

Products & Services: Dental handpiece repairs

Number of Locations: 84

Total Investment: $38.8K - $58.4K

Founded: 1989

Began Franchising: 1995

About Hayes Handpiece Franchises Inc.

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.

Franchise Units

Year U.S. Canadian International Company Owned
2011 70 5 3 6
Where Seeking Franchisees: Franchisor is seeking new franchise units in the U.S.,Asia, Australia/New Zealand, Canada, Eastern Europe, Mexico, Western Europe.
Direct Capital

Startup Costs, Ongoing Fees and Financing

Total Investment: $38,750 - $58,350
Franchise Fee: $35,000
Ongoing Royalty Fee: 3-6%
Term of Franchise Agreement: 10 years, renewable
Direct Capital
Financing Type In-House Third Party
Franchise Fee
Startup Costs
Equipment
Inventory
Accounts Receivable
Payroll

How This Franchise Supports Franchisees

Training: Available at headquarters: 2 weeks. At franchisee's location: 3 days. Yearly free training : 1 week.
Ongoing Support: Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives
Marketing Support: Co-op advertising, Ad slicks, National media, Regional advertising,
Other marketing support: Call center

Franchise Ranking History

Franchise 500®: #463 (2012), #434 (2010),

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