Dryer Vent Wizard International

Overview

Website: www.dvwfranchise.com

Franchise Fee: $49,900

Royalties: 10%

Cash Investment: $30,000

Total Investment: $84,900 - $163,400

Net Worth: $150,000

VetFran: Yes

SBA Approved: Yes

Master Franchise / Area Developer Opportunity: No

Additional Details

WE ARE NEIGHBORLY. Neighborly is the world's largest parent company of more than 5,500 franchises in 9 countries!
Visit Neighborly: Premier Home Services Franchise Opportunities | Neighborly
Dryer Vent Wizard is a scalable home-based, home service franchise. Our in-depth training and support provide our franchise owners with the necessary education and skills to meet their personal, business, and professional goals.
As a franchisee, you will install and repair, and provide cleaning products and services for: dryer vents, bathroom vents, kitchen vents, appliances, exhaust vents, air movement systems, and washing machine filters and hoses to enhance the performance and safety of clothes dryers and other household appliances to residential and commercial customers, and perform related services and sell related products.
Dryer Vent Wizard was ranked in the Top 10 Best Franchise Brands with an investment between $0 and $150,000 by Forbes
AVAILABLE MARKETS
US markets available: All except noted below
HOT Regions/Desirable: All
Pending: HI, MN
Available in Canada: Yes
International Referrals: No
BACKGROUND
Franchised Units: 170+
Company Owned Units: 0
Projected New Units (12 Months): 13
Average Number Of Employees: 0-3
Passive Ownership: No / Earnings Claim: Yes
WHY Dryer Vent Wizard International?
Simple, home-based business model – low overhead, no brick-and-mortar, minimal inventory, People focused, family culture
Fast ramp-up – open within 3 months, low investment, quick-to-train technicians (no license required in most states)
Multiple recurring revenue streams – residential, commercial, multi-unit housing
Scalable – start with one van/technician, expand into a multi-unit operation, impressive margins and ROI - MRH last night. Tell them Des Moines owner story
High-demand service – safety & insurance driven; limited competition
Strong support – ongoing training, business coaching, marketing, scheduling center, ongoing technical training, hiring
Cross-brand marketing power through Neighborly’s network and ProTradeNet vendor program offering discounts and rebates to owners.
OUR IDEAL FRANCHISEE
Owners start with one or zero employees
Achiever, relationship builder, passion for helping people, community-centered, strong values
DVW is a great model for those new to business or diversifying due to the strong hands-on support
Financial Requirement: $30,000 Liquid Required, $100,000 NW Required
FINANCIAL/TERMS
Cash Investment: $30K
Total Investment: $84,900 to $163,400
Minimum Net Worth: $150,000
Franchise Fee: $49,900 +$.040 per additional Target Household
Royalty: 10%
Ad: 2%
Discounts: 20% FranVet, 10% Community Heros including, firefighters, law enforcement, emergency medical technicians and personnel, teachers, and educational administrative staff in our Community Heroes Program
SUPPORT & TRAINING PROVIDED
Financial Assistance Provided: Yes
Site Selection Assistance: Yes
Lease Negotiation Assistance: No
Co-Operative Advertising: Yes
Training: Dryer Vent Wizard has a total of three weeks of hands-on training. One week in a classroom setting at our home office in Dallas, TX, the second week of field training at a master live training location and one week of practice jobs in the owner's territory.

Why Dryer Vent Wizard International?

Our Ideal Franchisee

Available Markets

Background

Year founded: 2004

Year Franchised: 2006

Home Based: Yes

Financial Details

Franchise Fee:$49,900
Total Investment Range: Single Unit: $84,900 - $163,400
Net Worth Requirement:$150,000
Royalty:10%
VetFran Program:Yes

Available Resales

There are currently no resales listed for this franchise.

Support & Training Provided

Training and support program details: