Hayes Handpiece Franchises Inc.

Hayes Handpiece Franchises Inc.

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Promoted Opportunities

Initial Investment

LOW: $38,750
HIGH: $58,350

Change in Units

Company Profile

Founded

1989

Franchising Since

1995 (22 Years)

Corporate Address

5375 Avenida Encinas Carlsbad, CA 92008

CEO

Joe Hayes

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.

Financials

Financial Requirements

Initial Investment

$38,750 - $58,350

Ongoing Fees

Initial Franchise Fee

$35,000

Ongoing Royalty Fee

3-6%

Ad Royalty Fee

$75-200/mo.

Financing Options

Hayes Handpiece Franchises Inc. has relationships with third-party sources which offer financing to cover the following: 
franchise fee, startup costs, equipment, inventory, accounts receivable, payroll

Units (Locations)

Where Seeking Franchisees:
Franchisor is seeking new franchise units throughout the U.S. and in the following regions/states: See List

Operations & Franchisor Support

Training Onsite: 3 days

Training at headquarters: 2 weeks

Additional Training: Yearly free training

Ongoing Support
Purchasing Co-ops
Newsletter
Meetings
Toll-Free Line
Grand Opening
Internet
Security
Field Operations

Marketing Support
Co-op Advertising
Ad Slicks
Regional Media
National Media

Absentee Ownership Allowed

Number of employees required to run: 1

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Disclaimer

The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise.

Updated: November 5th, 2014

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