Dryer Vent Wizard Franchise
To buy a franchise with Dryer Vent Wizard, you'll need to have at least $30,000 in liquid capital and a minimum net worth of $100,000. Dryer Vent Wizard charges a franchise fee of $34,000. They also offer a discount for veterans.
Franchisor Details
Total Units: 94
Year Founded: 2004
Franchising Since: 2006
Home Office: Farmington Hills, Michigan
Training: Available
Locations Available: See Below*
Franchise Costs
Liquid Capital Required: $30,000
Net Worth Required: $100,000
Total Investment: $70,800 – $149,500
Franchise Fee: $34,000
Royalty Type: 10%
Vetern Discount: Yes
*Dryer Vent Wizard is currently accepting inquiries from the following locations: Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District Of Columbia, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming
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.
Industry Performance
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.
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.
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.
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.
Dryer Vent Wizard is a FranNet Verified Brand
FranNet Verified Brands are reviewed by FranNet to ensure legitimacy and industry required documentation.
Dryer Vent Wizard is a FranNet Verified Brand
FranNet Verified Brands are reviewed by FranNet to ensure legitimacy and industry required documentation.