Smile Source Franchise

Overview

Smile Source offers franchise opportunities for dental offices focused on providing routine dental treatments, cosmetic and orthodontic corrections, and the retail sale of dental supplies. As a Smile Source franchisee, you'll benefit from the brand's established network and cooperative buying power.

Investment Information

Initial Investment

• New Office: $60,500 to $435,000
• Existing Office Conversion: $27,800 to $86,200

This investment covers various expenses, including site improvements, dental supplies, legal fees, and initial operating costs. Notably, Smile Source does not charge an initial franchise fee.

Ongoing Fees

• Royalty Fee: Up to 2% of gross receipts (currently 1.45% for new franchisees)
• Annual Meeting Registration Fee: $750 per person
• Additional Fees: Late payment fees, dishonored payment fees, and liquidated damages in case of termination due to default

Business Model

Smile Source franchisees operate under a distinctive system that facilitates the exchange of best practices among independent dentists, access to cooperative buying programs, and participation in advertising and marketing initiatives. Franchisees must adhere to Smile Source's operational standards to maintain brand consistency and quality of service.

Training and Support

• Pre-Opening Assistance: Site selection approval, access to the cooperative buying program, and initial consultation
• Ongoing Support: Continuous advice on management and promotion, access to promotional materials, and participation in the cooperative buying program
• Annual Meeting: Voluntary attendance at a three-day event to share information and network with other franchisees

Territory

• Designated Location: Each franchise is granted for a specific business address.
• Territorial Protection: While no exclusive territory is guaranteed, Smile Source provides certain territorial protections to minimize competition from other franchisees and general members within a defined area.

Key Takeaways

• No Initial Franchise Fee: Reduces upfront costs compared to other franchises.
• Flexible Investment Options: Suitable for both new offices and conversions of existing practices.
• Cooperative Buying Power: Access to discounts and rebates on dental supplies.
• Ongoing Support: Continuous access to management advice and promotional materials.
• Territorial Protections: Limited competition within a designated area to support franchisee success.

Next Steps

For more detailed information, review the full Franchise Disclosure Document and consult with legal and financial advisors to ensure this opportunity aligns with your business goals.