Profit with a Santinelli Edger

Download Literature

Profit Analysis

In-House Edging Profit Analysis

Without a doubt, there are significant profits to be made by installing an in-house edging lab (see sample profit analysis below). But there are other major advantages to edging in-house that you should consider as well:

• The edging equipment to make eyewear has become more sophisticated, more accurate and easier to use than ever

• Another advantage of installing an in-house lab is the ability to control the quality of whatever segment of the work you choose to produce

• Ontimesmanship is the process of manufacturing a product on-time. Using an outside lab puts the dispensary on that lab's timetable and it must adhere to the lab's turnaround schedule. Having an in-house lab allows the dispensary to determine its own timetable and therefore to control delivery time to the customer.

• In addition, the dispensary can sequence jobs as it sees fit, even making them in one hour, if it so desires

All of these advantages result in increased client satisfaction, patient retention, increased referrals, and gives the practice a competitive edge.

Profit Analysis for Lens Edging System

Lab Costs / Edging In-House Profit
	Lab Cost / Savings for Edging
	1.	Average Lab Edging Cost (per job*)	$15.00
	2.	Monthly Number of Edging Jobs (5/day x 21 days)	105
	3.	Total Monthly Lab Edging Cost / Profit	$1,575.00
		*Ranges from $10 for plastic to $19 for hi index



Cost Of Edger
	8.	Cost Of Edger	$30,000.00
	9.	Cost of Edger Per Month	$630.00
		(Based on a 5 year lease with $1.00 buy out)

		Note: There are significant tax benefits when capital equipment is financed.

Net Annual Profit
		Total Monthly Profit / Savings (Line 3)	$1,575.00
		Edger Lease Cost (Line 5)	$630.00
		Monthly Profit (subtract edger lease cost from monthly profit)	$945.00
		Total Net Annual Savings / Profit	$11,340.00

Click here to Customize your own Profit Analysis

Nidek