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Expansion Plan for a Dental Clinic: A Journey from 2011 to the Future
Smile 4 Sure Dental Clinic Since its inception in 2011, the clinic has grown steadily, starting with limited capital but fueled by a passion to provide quality dental services. Over the years, the clinic has managed to build a reputation for professionalism and affordability, which has contributed to its annual turnover of around 25 lakhs. Furthermore, the clinic has successfully affiliated with various government organizations such as CGHS (Central Government Health Scheme) and other government health bodies, gaining recognition in the healthcare sector.
Now, as the clinic prepares to take the next significant step towards expansion, there is a strategic vision to promote dental tourism and build a chain of dental clinics. This ambitious growth plan encompasses various elements, including enhancing infrastructure, exploring international markets for dental tourism, increasing the clinic’s network, and diversifying services.
The journey began in 2011 with a modest investment, making the clinic’s initial operations lean and efficient. Over the years, despite limited resources, the clinic focused on delivering high-quality dental care services, which contributed to its positive reputation among local residents and patients referred through CGHS and other government organizations.
The clinic’s core services include general dentistry, cosmetic dentistry, orthodontics, and preventive care, catering to a wide range of age groups. The initial model was simple but effective — offering quality dental care with a focus on patient comfort and value.
By aligning with government health schemes, the clinic ensured that it became accessible to a wider demographic, including employees of the central government, their families, and retirees. This affiliation not only helped secure a steady stream of patients but also served to build trust and credibility in the healthcare system.
The clinic’s annual turnover of 25 lakhs indicates steady growth, even in a competitive market. This financial stability forms a solid foundation on which to build the next phase of the business.
The plan for expansion is two-pronged, focusing on two key areas: dental tourism and the establishment of a chain of dental clinics.
Dental Tourism: Tapping into the Global Market
Dental tourism is one of the fastest-growing sectors in global healthcare, with many patients opting to travel abroad for dental treatments. The primary reason for this trend is the cost-effectiveness of dental procedures in countries like India, where high-quality services are available at a fraction of the cost compared to Western countries. Additionally, the standard of dental care in India has been improving consistently, with advanced technologies, experienced practitioners, and world-class infrastructure.
The clinic plans to capitalize on this trend by promoting India as a prime destination for dental tourism. This approach would cater to foreign nationals seeking affordable yet high-quality dental procedures like implants, cosmetic dentistry, orthodontics, and even general check-ups. Patients from the USA, UK, Middle East, and Southeast Asia are particularly targeted for dental tourism services, as they often seek more affordable treatment options abroad.
The plan involves:
Additionally, dental tourism can significantly boost revenue, as international patients typically opt for comprehensive treatments that involve higher pricing. This would not only increase the clinic’s revenue but also help in building a global brand reputation.
Expansion into a Chain of Clinics
In parallel to dental tourism, another aspect of the clinic’s expansion plan involves the establishment of a chain of dental clinics across different cities and regions. The aim is to extend the clinic’s reach, serving a larger population, and creating a network of healthcare centers that can offer consistent, high-quality dental care.
The plan includes the following steps:
By establishing a chain of clinics, the business can diversify its revenue streams, create brand recognition, and ensure accessibility for dental patients across the region.
For this ambitious expansion, securing capital will be a key challenge. The clinic’s current annual turnover of 25 lakhs provides a stable base, but to move forward with the expansion plans, additional funding will be required. There are several potential avenues for raising capital:
Once the capital is secured, the clinic can start implementing its expansion strategy, focusing on quality and sustainable growth.
Marketing will play a significant role in the success of this expansion. The clinic needs to develop a comprehensive marketing strategy to:
Operations Commenced On 2012
Franchise Commenced On 2018
Country Wise
Investment INR 30lakh - 50lakh
Unit/Brand Fee INR 500000
Master/Brand Fee INR 500000
Royalty/Commission 40 %
Performance guarantee to Unit Franchise Yes
Anticipated percentage return on investment 50 %
Likely pay back period of capital for a Unit Franchise 2-3 Years
Other investment requirements Clinic set up expense , lease rental and space , nabh , empanlment expaes
Delhi, Haryana, Uttar Pradesh
- NA -
- NA -
- NA -
- NA -
- NA -
Type of property required for this franchise opportunity Commercial
Floor area requirement 450 - 500 Sq.ft
Preferred location of unit franchise outlet Anywhere
Detailed operating manuals for franchisees Yes
Is field assistance available for franchisee ? Yes
Expert guidance from Head Office to franchisee in opening the franchise Yes
Current IT systems will be included in the franchise Yes
How long is the franchise term for? Lifetime
Is the term renewable? Yes
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