FranNet Verified Brand
FranNet Verified Brands are reviewed by FranNet to ensure legitimacy and industry required documentation.
|Liquid Capital Required:||$50,000|
|Net Worth Required:||$85,000|
|Total Investment:||$59,000 - $136,700|
|Financing:||Via 3rd party|
|Incorporated Name:||Dryer Vent Wizard International LLC|
|Home Office:||Farmington Hills, Michigan|
About Dryer Vent Wizard
As the only nationally organized dryer vent cleaning and repair company in existence, Dryer Vent Wizard is one of the hottest home-based franchise concepts available. With no need for a large office, staff, or inventory, our franchise can be operated from the home — in fact, we encourage our franchisees to do so! This model helps keep costs low, putting the money where it really matters, and even as the business continues to grow under multi-unit investment models, the structure never changes.
Values & History
Dryer Vent Wizard started out in 2004, offering cleaning, repair, and alteration services for dryer vents under a nationally recognized brand. As the only such brand in existence, it quickly met with growing success and today the company has expanded to nearly 100 locations since franchising began in 2006. Our clients are so satisfied they overwhelmingly invite us back year after year, with a 96% renewal rate since 2006.
Featuring high net profits and outstanding unit economics, Dryer Vent Wizard operates with absolutely no national competitors under a business model with low overhead that's perfect for family-focused individuals or couples looking for an ideal work/life balance. Our average customer invoice total is $607, with the average profit margin standing at about 35% per job, and no selling is required, as virtually all our customers are generated online through corporate mass mailing programs handled by our staff.
Purchasing a Dryer Vent Wizard Franchise
Prospective franchise owners will need a minimum net worth of $85,000 and liquid assets totaling at least $20,000. Initial investment values will typically fall somewhere between $58,000 and $90,000, with third-party lenders offering a range of financing options for qualified individuals.
Ideal Candidate & Qualifications
Anyone interested in running their own business can succeed under the Dryer Vent Wizard brand. Ideally, prospective owners will be strong self-starters, motivated to achieve financial, personal, and organizational success under a proven business concept. A commitment to excellence in service backed by strong people skills is highly preferred, as much of the franchise's success depends on building lasting, mutually beneficial relationships with repeat customers.
Training & Support
Complete training is provided, along with licensing assistance and corporate support. No industry experience is necessary prior to franchise ownership. Starting with 5 days of in-class training at our corporate training facilities in Farmington Hills, MI, our program will cover every aspect of the business, followed by 3-5 days of field service training in South Carolina where franchisees receive hands-on instruction through real service calls. Ongoing training and support is always just a phone call away.