October 15, 2015 // Franchising.com // DAVIE, Fla. – Dental Fix Rx - a fast-growing mobile dental equipment repair service franchise - has landed on Franchise Times magazine’s 2015 Top 200+ list of top revenue producing U.S.-based franchises.
Noted as the most respected ranking in franchising, the Top 200+ measures U.S.-based franchise companies by year-end global sales across all company and franchised units. Servicing 1,000 new customers every quarter, Dental Fix Rx ended 2014 with $20 million in global sales and more than 200 franchises sold throughout the United States and Canada.
“With little competition and the constant need for dental repair services, we are in a great position for continued upward growth,” said Dental Fix Rx EVP of Business Development Scott Mortier, noting that dental practices typically budget $6,000 a year for equipment repairs. “No other franchise offers the depth of services that we do. Plus, our main competitors are the equipment providers, who prefer to replace equipment rather than repair and often refer business to our franchisees.”
A $38 billion industry, the dental equipment repair sector is projected to continue growing due to an estimated nine percent increase in job growth in the dental industry and rising costs for new equipment, resulting in more dentists choosing to repair equipment over buying new. Another favorable factor is technology advancements that have increased productivity in dental practices, making quick and economical equipment repairs even more important for operations. For the past 30 months, Dental Fix Rx has sold or opened a new unit each week. With about 400 franchise territories available throughout North America, the company expects all U.S. territories to be sold within the next three years.
Due to the intensive eight-week training program Dental Fix Rx provides, no prior industry experience is required to become a franchisee; rather, Dental Fix Rx owners must be personable and have the ability to build relationships, as they are also operators of their business. The Dental Fix Rx corporate team serves as operational support for franchisees, requiring no additional staffing for owners. Each franchise owner is assigned an account manager at the corporate office who provides marketing support, contacts each dentist to offer service and/or supplies monthly, routes calls from the dental office to the field (sets-up appointments) and collects on invoices from services and repairs – allowing franchise owners to focus on servicing customers within their fixed territory of 350 dental offices.
Confident in its business model, Dental Fix Rx is one of the only franchises to offer a franchise guarantee, refunding the franchise fee if new owners do not service 40 clients within his or her first year of business. The company also does not require franchisees to pay royalty fees.
Founded in 2009, Dental Fix Rx is a fast-growing mobile dental equipment repair service franchise that is revolutionizing the dental service industry by delivering immediate, on-demand equipment service, hand-piece repairs and cost-effective consumable products through its network of highly-trained franchise professionals. With local franchise owners serving businesses within their market, Dental Fix Rx completes repairs on-site from mobile repair centers that are equipped to fix a wide range of equipment found in any practice – from compressors to chair upholstery. The company has sold more than 200 franchises that service 14,000-plus customers throughout North America. For more information, visit www.dentalfixrx.com. For franchise information, call (855) 242-5230 or visit www.dentalfixrx.com/franchise/.
SOURCE Dental Fix Rx
Fishman Public Relations