DRYER VENT WIZARD Franchise Startup Cost, Profit & Opportunities
Dryer vent wizard was founded to build a company that will care for dryer vents all over the United States.
So far, the company has been successful and earned recognition; it is the only nationally recognized company that works on repairing and cleaning vents.
The company has expanded so well that they even offer franchise opportunities.
In this article, I will give you all the information you need about the dryer vents wizard franchise company, their franchise system, how you can be a part of the juicy offers, and all that is required of you to qualify.
ABOUT DRYER VENT WIZARD CLEANING FRANCHISE
In the early 2000s, a businessman named David Lavalle noticed a great need in society among homeowners and decided to do something about it.
Many buildings had issues with their dryer vents, but no one was to call for service.
Almost all the buildings that had problems with their dryer vents either had it because of vent blockages, incorrect venting configurations, lint accumulation, or poor repairs.
David Lavalle came up with the idea, which led to the birth of the dryer vents wizard company in 2004.
With such an urgent need for the company’s services, dryer vents wizard quickly gained speed into a very successful business, with so many customers requesting their services.
In no time, it became a household name, and in 2006, the company officially started franchising.
The services offered by the dryer vents wizard company include repairing vents, dryer vents maintenance for both homes and commercial buildings, dryer vents fire prevention, and dryer vents cleaning and inspection.
With more and more people demanding the services, the company has spread into over 90 units around the United States and Canada.
Dryer vents wizard franchise company works with the local fire service in all locations, educating people on the dangers of unserviced driver vents and preventing fire accidents.
Over 80% of homes in the United States have dryer vents and no matter what happens to the economy, there will always be a need for dryer vents wizard services on the vents, so the profit you can make from investing in this business is massive.
To be a part of this highly reputable and lucrative franchise, continue reading carefully as I break down requirements like their franchise fee, royalty fees, cost of starting, support system, and more.
HOW MUCH DOES A DRYER VENT WIZARD FRANCHISE COST?
Franchising with dryer vents wizard will cost you a minimum liquid capital of $20,000, along with other financial requirements.
DRYER VENT WIZARD FRANCHISE FEE
You are expected to pay $44,000 as a franchise fee; this payment gives you the right to use the company brand name for your business. Veterans are given the sum of $5,000 off the franchise fee.
DRYER VENT WIZARD FRANCHISE STARTUP COST
To start as a franchisee with dryer vents wizard, you will need money ranging from $64,650 to $84,450. You will also have a minimum net worth of $100,000 to qualify.
DRYER VENT WIZARD FRANCHISE TRAINING AND SUPPORT
As a franchisee, your business success is also the company’s success; dryer vents wizard franchise understands this, which is why they have put together a training and support system based on the business model and comes directly from experts in the field.
The company’s outstanding support system looks like this;
- There are 40 hours of initial training at the headquarters
- There are another 40 hours of training on-site for you and your staff
- You will have a heavy presence on the dryer vents wizard franchise’s official website
- You will have access to a toll-free line
- There will be periodic meetings for you and your staff to meet with experts and discuss your progress and limitations in the business.
- The company will offer your business security.
DRYER VENT WIZARD FRANCHISE TERMS OF AGREEMENT AND RENEWAL
An initial agreement will be reached between the franchisee and franchisor that will last for ten years. On the expiration of this agreement, the franchisee has a right to renewal; this renewal will have a five-year validity.
HOW MUCH DOES A DRYER VENT WIZARD FRANCHISE MAKE?
This information is not explicitly published; you must see the Franchise Disclosure Document (FDD).
Remember that the profit you make in your business is highldependsors on location, the population, and the number of homes that use dryer vents.
How well you harness the unique support system of the dryer vents wizard franchise will also have a massive impact on your profit.
HOW TO OPEN A DRYER VENT WIZARD FRANCHISE
Now that you have read through all the requirements, if you are qualified and still interested in starting, visit this website https://dvwfranchise.com/get-started/ and fill out the form, then wait for a reply from the dryer vents wizard franchise.
This company is headquartered at 37735 Enterprise Ct., #100 Farmington Hills, MI 48331, and the present CEO is Terry Reuer.