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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.


Le 1000 LENS EDGER PROFIT ANALYSIS
Lab Savings From In-House Edging
1. Average Lab Edging Cost per job* $15.00
2. Number of Edging Jobs Sent to Lab Per Day 5
3. Monthly Lab Savings (22 selling days/mo) $1,650.00
*Ranges from $10 for plastic to $19 for hi index
Cost Of Lens Finishing Edger Equipment
4. Cost of Le 1000 Lens Edger with Ce $28,550.00
  (Tank & Pump, Shipping & Handling   
5. Monthly Lease Payment $591.84
(5 year lease with 10% purchase option)
Note: There are significant tax benefits when capital equipment is financed.
Your Santinelli International sales representative can help you explore these options.
Montly Profit
6. Monthly Lab Savings (Line 3) $1,650.00
7. Monthly Profit
(subtract lease payment from lab savings)
$1,058.16
   
Total Annual Profit (After Lease Payment) $12,697.90

 



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