Dental Fix Rx Reduces Initial Investment Costs by More than $30,000
With Outstanding Success Over Past 36 Months, National Mobile Dental Equipment Repair Service Franchise Passes Along Newly Negotiated Cost Savings to New Franchisees
April 11, 2017 // Franchising.com // DAVIE, Fla. – Dental Fix Rx’s updated Franchise Disclosure Document (FDD) is now available to prospective franchise owners, who will find an attractive update to Item 5, pages 6 thru 17, which covers investment costs. Due to the franchise’s tremendous success, new franchise owners coming onboard can take advantage of newly negotiated cost savings – making the total initial franchise investment approximately $92,500 plus working capital.
Additionally, as a result of its strong franchise network, Dental Fix Rx was able to leverage new efficiencies in operational support and extend operating cost savings of approximately $10,000 to new franchisees in their first year of business.
“We owe a debt of gratitude to our initial franchise owners, who have paved the way for our success,” the company’s CEO and founder David Lopez said. “Their commitment and investment into our brand is directly responsible for the tremendous growth we’ve achieved. We have a phenomenal franchise system and couldn’t thank them enough for their dedication over the past eight years.”
The fast-growing mobile dental equipment repair service franchise awarded more than 250 franchises throughout North America. The company has averaged selling and opening more than 40 franchises annually for the past three years, and expects to sign another 40 franchise agreements in 2017. Dental Fix Rx executives anticipate all U.S. territories to be sold within the next three years. Creating value for franchisees, such as the newly negotiated cost savings, will aid the franchise in achieving these marks.
“The dental equipment repair sector is a $38 billion industry, and no other national brand is truly servicing the space effectively like Dental Fix Rx,” said the company’s EVP of Business Development Scott Mortier. “We have little to no competition. And, we have an amazing franchise system and all the right systems and programs in place to truly capture the market.”
Dental Fix Rx is constantly creating new programs and forming new relationships that add value to its franchisees and their customers. Proof of this is the relationship the company formed with the Darby Group, the nation’s largest all-telesales dental products distributor, which became an equity partner in Dental Fix Rx in 2016. Beyond the equity stake in the company, through this relationship Dental Fix Rx franchisees are able to offer Darby Dental Supply products to dental practices and also provide dental equipment service and repair to Darby Dental Supply customers.
Contact Scott Mortier at (773) 255-4095 or firstname.lastname@example.org to receive the updated FDD and learn more about the Dental Fix Rx franchise opportunity.
About Dental Fix Rx
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 250 franchises that service over 18,000 customers throughout North America. For more information, visit www.dentalfixrx.com. For franchise information, call (855) 242-5230 or visit www.dentalfixrx.com/franchise/.
Fishman Public Relations
SOURCE Dental Fix Rx