The Dentist's Choice Franchise
Audited FinancialsRisk Score
Pending analysis
Investment Range
$64,000 - $68,500
Franchise Fee
$50,000
Min Cash Required
$2,500
Total US Locations
128
Business Summary
The Dentist's Choice operates a business providing repair and rebuild services for dental handpieces, including attachments and other dental instruments. Franchisees offer these services to dentists within a designated geographic area, operating their business from one or more locations, which may include their home, while utilizing the company's proprietary trademarks and system.
Corporate History
The Dentist's Choice, Inc. was initially incorporated in California on June 7, 1994. The company later reincorporated in Nevada on October 17, 2005. Steven G. Everhart has served as its President and Chief Executive Officer since March 1998. The Dentist's Choice operates by offering franchises for dental handpiece repair businesses. An affiliate, Hallmark Homecare, LLC (HHC), also founded by Steve Everhart in October 2011, offers franchises for in-home non-medical care services.
Financial Overview
Investment Range
$64,000 - $68,500
Franchise Fee (Low)
$50,000
Franchise Fee (High)
$50,000
Minimum Cash Required
$2,500
Royalty %
5%
Equipment Costs (Low)
$5,500
Equipment Costs (High)
$5,500
Working Capital
$3,750
Audited Financials
Yes
Offers Financing
No
Audit Opinion
Unqualified opinion
Financial Health Notes
The Dentist's Choice's financial health includes a significant advance of $1,381,266 to a related party as of December 31, 2023, which is interest-free and has no definite repayment date. Despite this, the independent auditors issued an unqualified opinion on the financial statements, indicating no substantial doubt about the company's ability to continue as a going concern. The company's net income has fluctuated, with a loss in 2022 and profits in 2021 and 2023.
Financing Details
The Dentist's Choice does not offer any direct or indirect financing to its franchisees. The company also does not guarantee any franchisee's notes, leases, or other obligations.
Performance Metrics
Total US Locations
128
Franchised Units
118
Corporate Units
10
Franchising Since
1994
Legal & Compliance Analysis
Recent Litigation
No
Bankruptcy
No
Litigation Summary
The Dentist's Choice has no reportable litigation required to be disclosed in Item 3 of its Franchise Disclosure Document.
Bankruptcy History
The Dentist's Choice has no bankruptcy history to report, as no bankruptcy is required to be disclosed in Item 4 of its Franchise Disclosure Document.
Agreement Terms
Initial Term
10 years
Renewal Term
10 years
Renewal Conditions
To renew their franchise agreement, The Dentist's Choice franchisees must provide notice of their intention to renew at least 90 days but no more than 12 months before the current term expires. They must have fully complied with all provisions of their current Franchise Agreement and not be in default, bringing their business into full compliance with the then-current specifications and standards applicable to new or renewing businesses. Franchisees must satisfy all monetary obligations owed to The Dentist's Choice and its affiliates. A renewal fee of $5,000 is required, and franchisees must sign The Dentist's Choice's then-current form of franchise agreement, which may include materially different terms and fees. Additionally, franchisees must comply with current qualifications, criteria, and training requirements and execute a full general release of any claims against The Dentist's Choice and its associates.
Training & Support Program
Franchisor Assistance
Before opening, The Dentist's Choice negotiates and agrees upon the franchisee's Protected Territory. It loans the franchisee copies of its Repair Manual and Marketing and Operations Manual, providing operational and marketing guidance. The company sells initial hand tools, equipment, supplies, and replacement parts inventory. It also offers reasonable guidance for grand opening promotions and provides samples of brochures. Ongoing support includes telephone guidance during normal business hours on operations, repair mechanics, accounting, inventory control, marketing, and basic management, with optional periodic on-site visits. The company conducts and shares research on improved products and services, provides assistance with media purchases, promotions, and sales presentations, and supplies updated lists of authorized products and suppliers. It continues to sell necessary inventory and offers samples of promotional and advertising materials, some for duplication by the franchisee and others provided or available for purchase. The Dentist's Choice also provides a mandatory 5-day training course for up to two individuals (owner and one employee) at its Irvine, California office, covering various business aspects, with tuition waived but franchisees responsible for travel, food, and lodging. Optional supplemental or refresher training may also be offered without tuition, with franchisees covering their own costs.
Initial Training Hours
40
Training Location
Irvine, California
Ongoing Support
After opening, The Dentist's Choice provides franchisees with reasonable ongoing guidance and advice via telephone during normal business hours, covering aspects like dental handpiece repair mechanics, accounting, inventory control, marketing, and basic management. This telephone support may be supplemented by optional periodic visits to the franchisee's business location. The company also conducts research into improved products and services, sharing the results with franchisees at no additional cost. Franchisees receive guidance and assistance in media purchases, ongoing promotions, and developing sales presentations. The Dentist's Choice provides updated lists of authorized products and suppliers and continues to sell necessary hand tools, equipment, supplies, and replacement parts inventory. Periodically, the company furnishes samples of promotional and advertising materials, some of which franchisees must pay to duplicate, while others are provided at no additional cost or are available for purchase.
Franchise Requirements
Industry Experience Required
No
Management Experience Required
No
Sales Experience Required
No
Technical Skills Required
No
Operational Details
Location Type
Hybrid
Owner Participation
Hands-On
Territory Type
Exclusive
Territory Size Requirements
The Dentist's Choice defines its Exclusive Territories based on a minimum of 400 dentists located within a specific geographic area. The company uses information from Direct Dental Lists to determine the number of dentists. Territories are sized according to population density, meaning densely populated areas will have smaller geographic territories compared to less densely populated areas, to ensure the target number of dentists is met.
Staffing Notes
The Dentist's Choice operates with a flexible staffing model, with approximately 90% of franchisees choosing to be sole operators working from home without any employees. For those who do hire staff, the initial training program accommodates up to two people, including the franchisee (or principal owner) and one employee. The franchisee or an approved full-time manager is required to participate personally in the business's day-to-day operation. Employees who complete the initial training program must sign a confidentiality covenant.