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E mployment- B ased Immigration: Fifth Preference (EB-5) DentalSmart - PowerPoint PPT Presentation

EB-5 DENTALSMART E mployment- B ased Immigration: Fifth Preference (EB-5) DentalSmart Program EB-5 DENTALSMART Purpose of EB-5 Immigrant Investor The EB-5 program has been designed to provide a green card to foreign investors who invest in


  1. EB-5 DENTALSMART E mployment- B ased Immigration: Fifth Preference (EB-5) DentalSmart Program

  2. EB-5 DENTALSMART Purpose of EB-5 Immigrant Investor • The EB-5 program has been designed to provide a green card to foreign investors who invest in economic development in the United States, especially in high unemployment areas • Foreign investors must invest $1 million in a U.S. business, or $500,000 in a Targeted Employment Area, which must be used to create or preserve a minimum of 10 full-time jobs

  3. EB-5 DENTALSMART Application Process Apply for I-526 Pay visa fees & from US submit DS-260 Citizenship and to NVC Obtain Immigration Obtain an approval After submitting Immigrant Visa; Services for condition removal DS-260 the next Travel to the (USCIS) (I-829) step occurs United States to 16-18 months within 2 months officially land 22-24 months National Visa Visa interview at Wait until being Center (NVC) local US able to apply for issues a visa fee Consular Office I-829 from invoice when USCIS Invitation letter priority date is & interview 21 months current within 2 months 4-6 months *Above processing time is as of Dec. 2016. It is subject to changes without any notice as per the US government.

  4. EB-5 DENTALSMART US EB-5 Immigrant Investor Program Dental Smart Dental Care Centers Project Profile To date, 20 EB-5 investors have received an I-526 approval

  5. EB-5 DENTALSMART Investment Type • Direct (Equity) Investment EB-5 Investment • Each investor invests US $500,000 • Remaining investment capital will be covered by DentalSmart, if necessary Share Distribution • Each group of investors purchases a 40% ownership stake in the form of preferred shares • Investors have the 1 st priority to recover their investment under US Corporate Law

  6. EB-5 DENTALSMART *EB-5 investors hold a preferred **The Group LLC will own 4-5 share of the corporation, which separate clinics to efficiently meet gives them extra protection for the job creation requirement from DentalSmart their investment, while the USCIS and maximize success of Group LLC Operation Manager hold a the business. common share. 5 EB-5 Investors: 40% Operation Manager: 60% Clinic #1 Clinic #5 Clinic #2 Clinic #3 Clinic #4

  7. EB-5 DENTALSMART Job Creation • Each clinic will hire 12-16 employees to meet the requirement of creating 10 jobs for I-829 approval (condition removal) Exit Strategy • Each year, net income will be deposited into a reserved account up to 100% of EB-5 investor capital (US $500,000) • The reserved fund will be returned to investors after I-829 approval Preferred Return • Each investor will annually receive a preferred return on investment before exiting from the project

  8. EB-5 DENTALSMART Branch Clinic Network & Expansion Plan 12 Locations Already opened 11 Locations Will be opened by End of 2017

  9. EB-5 DENTALSMART Locations opened Locations to be opened by End of 2017 North Charleston Marietta 2 • • Murrell’s Inlet Macon • • Sumter Myrtle Beach • • Manning Greenville • • Fort Mill Covington • • Bluffton Conyers • • Irmo Summerville • • Orangeburg Savannah Abercorn • • Marietta 1 Atlanta • • Spartanburg Douglasville • • Conway Stone Mountain • • Pooler •

  10. EB-5 DENTALSMART DentalSmart is welcoming EB-5 investors to open 100 dental clinics across 11 states in the southeast US

  11. EB-5 DENTALSMART Demand > Supply (1 dentist per 12,300 people)

  12. EB-5 DENTALSMART DentalSmart Range of Services Oral Exams • Cleaning & Scaling • Dentures • Denture Repair • X-rays • Crowns • Fillings • Endodontic Treatment •

  13. EB-5 DENTALSMART Dental Clinic Chain-Store Model Area: 250 - 300 m 2 Staff: 12-16 persons Open Hours: 8am – 5pm Facilities: 8 Dental Exam Rooms 2 X-ray Rooms Laboratory Denture Workshop Reception Area Staff Lounge

  14. EB-5 DENTALSMART Dental Clinic Chain-Store Model Cost Estimates Position No. of Positions Amount (USD) Dentist 2 150,000 Dental Assistant 3 90,000 X-ray Technician 1 30,000 Salary Dental Hygienist 2 100,000 Laboratory Technician 1 50,000 Clinic Manager 1 50,000 Clinic Assistant Manager 1 40,000 Receptionist 1 25,000 Total 12 535,000 Rent Average Annual Rental Costs 50,000 Other Clinic Supplies, Utilities & Miscellaneous Expenses 255,000 Total Annual Operating Costs 840,000 Projected Business days per year: 300 days 1,500,000 Revenue Daily, approx. 25 patients spend average of US $200 Gross Annual Profit (Before Tax) 660,000

  15. EB-5 DENTALSMART Market-Positioning Strategies • Open 100 Dental Smart Chain Clinics within 11 states across the southeast US • DentalSmart has developed an innovative approach to delivering high quality and affordable dental care to working class Americans in areas where there is a serious shortage of dentists • DentalSmart differentiates itself from traditional dental practices by applying strategies similar to those of Wal-Mart to the dentistry profession

  16. EB-5 DENTALSMART Local Marketing Strategies

  17. EB-5 DENTALSMART TV & Radio Commercials Click Me!

  18. EB-5 DENTALSMART DentalSmart Clinics Murrells Inlet, South Carolina Sumter, South Carolina

  19. EB-5 DENTALSMART DentalSmart Clinics Manning, South Carolina Bluffton, South Carolina

  20. EB-5 DENTALSMART Reception and Waiting Area

  21. EB-5 DENTALSMART X-Ray Room

  22. EB-5 DENTALSMART Clinic Laboratory

  23. EB-5 DENTALSMART Denture Workshop

  24. EB-5 DENTALSMART Denture Workshop Equipment

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