Dryer Vent Wizard
Professional Services Maintenance ServicesCompany Information
Address
37735 Enterprise Ct., #100 Farmington Hills, MI 48331
Website
Tel
Not Available
Email
Franchise Summary
Description
The Franchisor franchises the right to operate Dryer Vent Wizard businesses offering dryer vent installation and cleaning products and services to enhance the performance and safety of clothes dryers to residential and commercial customers within a specific geographic area.
Company Background
Dryer Vent Wizard is the premier provider of dryer vent installation and cleaning services in your area. Our goal is to keep your clothes, home, and family safe. We offer comprehensive dryer vent installation services for both new construction projects as well as retrofits on existing installations. Dryer Vent Wizard also offers a variety of safety products that can be purchased through our website or by phone order.
Franchise Opportunity
Clothes dryers are an important part of any home, but they can also be a fire hazard if not properly maintained. A recent study by the National Fire Protection Association found that clothes dryers were the leading cause of home fires in the United States. Dryer Vent Wizard is here to help. We offer comprehensive products and services to keep your clothes dryer running safely and efficiently. From dryer vent installation to cleaning and inspection, we have you covered.
Corporate Structure
American Franchise is a Michigan limited liability company that was formed on February 3, 2006. We currently conduct business under our corporate name and the name “DRYER VENT WIZARD.” Our principal business address is 5523 E. Nine Mile Road, Warren, Michigan 48091. Our agents for service of process are disclosed in Exhibit A.
Investment and Franchisee Fees
The total estimated initial investment required to begin operating a Dryer Vent Wizard business in a single territory ranges from $67,527 to $90,871. This includes the $10,000 initial franchise fee, the $39,000 initial territory fee and the $4,000 Marketing and Advertising Start Fee that must be paid to the Franchisor before opening.
Royalties and Marketing Fees
Royalties : 10.0% of revenue
Earnings Transparency
This Franchise discloses slightly more information about the financial performance of their franchisees compared to other franchises in the same industry
Why do some franchises disclose more than others?
There are many reasons why a brand may choose to not include item 19 on their FDD: they could be a newer franchise, they may be in a unique industry that is not super profitable or well-known yet
Financial Performance of "Standard" Units
Average Revenue Per Unit
Compared vs. Maintenance Services Industry$306,835 / unit
Franchise Type: Standard
Average Revenue During 2021
Employee Contact Database
| # | Name | Position | Phone Number | Email Address |
|---|
Distribution of Dryer Vent Wizard Franchisees
Dryer Vent Wizard Franchise System Development in 2021
FAQ
How much investment do I need to start my own Dryer Vent Wizard business?
Franchisees typically require at least $75 to $154 investment to get their Dryer Vent Wizard business started
What are the initial franchise fees for Dryer Vent Wizard?
Franchisees typically need to pay at least $45 in fees directly to Dryer Vent Wizard in order to earn the right to launch their business
How much money can I make with a Dryer Vent Wizard franchise? What are
the average revenues for a typical Dryer Vent Wizard business?
We estimate that the average revenue of an individual
Dryer Vent Wizard unit is approximately
$306,835. We based this on Item 19 in franchise disclosure
document
How long do I need to commit to running a Dryer Vent Wizard unit? What
is my contractual commitment?
Dryer Vent Wizard franchisees are typically required to sign up to a
10 year contract initially. The renewal length
is 10 years. You can of course exit early but
don’t expect to get any refund!
Accessibility
The Franchisor's investment costs ranges from
$210,500 to $457,055
which is
Much Higher
than the $0 to $0 average in the Maintenance Services industry
What determines the investment cost?
Item 7 of the Franchise Disclosure Document lays out the full list of initial investment costs, including the fee payable to the franchisor, security deposits, equipment, professional fees etc
Franchises in the Same Industry
Popular Franchises
Is this your Franchise?
Update your profile with photos, videos, useful information, and start connecting with prospective franchisees today
CLAIM THIS FRANCHISE