Hayes Handpiece Franchises Inc.

Dental handpiece repairs

Background

Founded: 1989 Franchising since: 1995
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.

5375 Avenida Encinas
Carlsbad, CA 92008
Phone:
(760)602-0521


Franchisor has 30 employee(s); 3 employee(s) in franchise department.

Franchise Growth
Year U.S. Franchises Canadian Franchises Foreign Franchises Company Owned
2008 70 4 5 5
2007 70 4 4 5
2006 68 3 2 5
2005 67 2 2 5

Where Seeking Franchisees
In the U.S. Hawaii, Indiana, Maryland, Maine, Missouri, North carolina, New jersey, Nevada, New york, South carolina, Tennessee, Texas, United states, Virginia
Outside the U.S.: Asia, Canada, Western europe

Exclusive territories available.
Territory size: 1,500 dentists

Special Programs
Hayes Handpiece offers prizes for the highest gross sales divided by territory size.

Costs and Fees

Total investment: $32.8K-52.4K
Franchise fee: $29K
Ongoing royalty fee: 3.5-5%
Term of agreement: 10 years, renewable


Type of Financing Available
In-House Third Party
Franchise Fee No No
Startup Costs No No
Equipment No No
Inventory No No
Accounts Receivable No No
Payroll No No

Qualifications
Business Experience:
  • General business experience
  • Marketing skills
  • Sales experience

Operations
  • Franchise can be run from home
  • 2% of all franchisees own more than one unit
  • Number of employees needed to run franchised unit: 1
  • Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)

Training and Support

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

Rankings

Franchise 500® rank:
#361 (2008); #471 (2007); #498 (2006); #371 (2005);

Low-Cost Franchises:
#85 (2008);


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