DAVIE, Fla.--(BUSINESS WIRE)--Dental Fix Rx blazed through 2015, closing out its biggest year yet with 60-plus new franchise agreements signed and making its debut in Entrepreneur magazine’s list of top franchise opportunities.
Dental Fix Rx ranked No. 268 in the magazine’s annual Franchise 500® list, which recognized the company for its exceptional performance in areas such as financial strength and stability, growth rate and size of the franchise system. The Franchise 500 is noted as the world’s first, best and most comprehensive franchise ranking of the top franchise opportunities in the United States.
The mobile dental equipment repair service franchise is growing at a fast pace due to its viable franchising offering and the immense, unmet need within the dental community for its services.
“Breaking into Entrepreneur’s Franchise 500 in just a little over five years of franchising is an accomplishment that most franchise concepts can’t say they’ve achieved,” said Dental Fix Rx EVP of Business Development, Scott Mortier. “We’ve averaged a new unit sold and opened every week for the past 33 months, and are in a great position for continued upward growth due to little competition and the constant need for dental repair services.”
To date, Dental Fix Rx has sold more than 225 franchises and operates in 37 U.S. states & three Canadian provinces, providing service to more than 15,000 customers throughout North America. Adding around 1,000 new customers every quarter, the company expects to sell all of its U.S. territories within the next three years. With 75-plus new franchise agreements expected to be signed in 2016, Dental Fix Rx is on track to surpass its 2015 growth rate.
To continue its rapid expansion and remain competitive in the marketplace, Dental Fix Rx recently launched a secondary franchise model that is designed to meet the needs of dental practices located in less populated areas. Typically, franchise territories cover up to 350 dental offices. Under the secondary model, if a territory has 250 clinics or less, that franchisee will receive the same training and support provided to all new franchises but will not initially be required to purchase the Mobile Service Center van. Once the franchisee averages three consecutive months of $10,000 in revenue, the company will then require the purchase of a Mobile Service Center van.
The Dental Fix Rx corporate team provides all franchisees an intensive eight-week training program, as well as centralized technological and account management services. By handling the majority of the back-end office support, franchise owners are able to solely focus on servicing customers.
Dental Fix Rx is the only mobile dental equipment repair service franchise. Confident in its business model, the company 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.
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 200 franchises that service 15,000 customers throughout North America. For more information, visit www.dentalfixrx.com. For franchise information, call (855) 242-5230 or visit www.dentalfixrx.com/franchise/.