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Below is an in-depth analysis and side-by-side comparison of The Dentist's Choice vs Pearle Vision including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $55,400 - $59,500 | $77,695 - $644,264 |
Franchise Fee | $45,000 | $30,000 |
Royalty Fee | 5-3% | 7% |
Advertising Fee | - | 8% |
Year Founded | 1992 | 1961 |
Year Franchised | 1994 | 1980 |
Term Of Agreement | 10 years | 10 years (co-terminus w/lease) |
Term Of Agreement | 10 years | 10 years (co-terminus w/lease) |
Renewal Fee | $1.5K | $2.5K |
Business Experience Requirements |
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Experience | ||
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/No | No/Yes |
Start-up Costs | No/No | No/Yes |
Equipment | No/No | No/Yes |
Inventory | No/No | Yes/No |
Receivables | No/No | No/Yes |
Payroll | No/No | No/Yes |
Training & Support |
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Training | Classroom Training: 40 hours | On-The-Job Training: 86 hours Classroom Training: 32 hours Additional Training: Webinars |
Support | Newsletter Meetings/Conventions Online Support Field Operations | Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
Marketing | Website development | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
Operations |
Franchise can be run from home. 10% of all franchisees own more than one unit
Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
55% of all franchisees own more than one unit Number of employees needed to run franchised unit: 4 Absentee ownership of franchise is NOT allowed. (97% of current franchisees are owner/operators)
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Expansion Plans |
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US Expansion | Yes | Yes |
Canada Expansion | Yes | No |
International Expansion | Yes | No |
The Dentist's Choice is the industry’s leading network of locally-owned dental handpiece repair businesses serving dentists throughout the United States and Canada. For nearly two decades, The Dentist's Choice has developed a reputation among dental professionals for providing quality repairs at an affordable price. Our highly-trained repair specialists are committed to providing the high level of customer service and satisfaction that our clients have come to expect from us.