Hayes Handpiece Franchises Inc.
Dental handpiece repairsBackground
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.
Franchisor has 30 employee(s); 3 employee(s) in franchise department.
Franchise Growth
Where Seeking Franchisees
Not available in the U.S.
Outside the U.S.: Asia, Australia/new zealand, Canada, Eastern europe, Mexico, 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.
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, California 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 |
| 2009 | 72 | 4 | 4 | 5 |
| 2008 | 70 | 4 | 5 | 5 |
| 2007 | 70 | 4 | 4 | 5 |
| 2006 | 68 | 3 | 2 | 5 |
| 2005 | 67 | 2 | 2 | 5 |
Where Seeking Franchisees
Not available in the U.S.
Outside the U.S.: Asia, Australia/new zealand, Canada, Eastern europe, Mexico, 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: 6-3% Term of agreement: 10 years, renewable |
Type of Financing Available
| In-House | Third Party | |
| Franchise Fee | No | Yes |
| Startup Costs | No | Yes |
| Equipment | No | Yes |
| 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
Ongoing Support
Marketing Support
Other marketing support
- 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);
#361 (2008); #471 (2007); #498 (2006); #371 (2005);
Low-Cost Franchises:
#85 (2008);