|
Below is an in-depth analysis and side-by-side comparison of Vital Dent vs The Joint including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $512,500 - $797,000 | $183,497 - $378,697 |
Franchise Fee | $45,000 - $60,000 | $39,900 |
Royalty Fee | 5% | 7% |
Advertising Fee | - | 2% |
Year Founded | 1989 | 1999 |
Year Franchised | 1995 | 2003 |
Term Of Agreement | 10years | - |
Term Of Agreement | 10years | - |
Renewal Fee | $3000/ treatment room | - |
Business Experience Requirements |
||
Experience | - | - |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/No | -/Yes |
Start-up Costs | No/No | -/Yes |
Equipment | No/No | -/Yes |
Inventory | No/No | -/Yes |
Receivables | No/No | -/Yes |
Payroll | No/No | -/Yes |
Training & Support |
||
Training | - | On-The-Job Training: 40 hours Classroom Training: 43 hours |
Support | - | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
Marketing | - | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing |
Operations | - | Absentee Ownership Allowed Number of Employees Required to Run: 3 - 5 |
Expansion Plans |
||
US Expansion | - | Yes |
Canada Expansion | No | - |
International Expansion | No | Yes |
Vital Dent, a well-respected leader in the dental health care field, is a multi-national company which began business in Spain in 1989. Started first as a dental prosthetics business, in 1991 the company began developing dental offices. Then in 1995, Vital Dent established its franchise system.
Vital Dent owns and operates 23 company offices and 160 franchised offices in Spain, with another 10 franchised offices in Portugal and 2 offices being built in Italy.
The Vital Dent franchise network is now being developed in the United States.
The Joint Chiropractic franchise has taken the chiropractic industry by
storm and risen from a small number of stores to over 350 locations open
across the country in less than a decade. The Joint offers customers a
monthly membership and low costs for basic chiropractic care - starting
at $39 per visit. No appointments required, no insurance needed and
offering extended evening and weekend hours has given an entire
generation of customers access to the health and wellness benefits of
chiropractic maintenance care.