Dryer Vent Wizard logo
Dryer vent cleaning, replacement, installation, and maintenance

Investment

$82,900

Initial Franchise Fee

$49,900

Units

192

Growth Rate

+62.7%

Overview About Investment Territories Support Operations Ranking History

Overview

Industry Maintenance
Founded 2004
Franchising Since 2006
Parent Company Neighborly
Leadership Kevin Busch, Brand President
# of Employees at HQ 1100

Units and Growth Chart

About Dryer Vent Wizard

Dryer Vent Wizard is one of the only national providers of dryer vent cleaning and repair services in the U.S. They were incorporated in 2004 by Dave Lavalle, the man behind the Mr. Handyman franchise. It wasn't long before they expanded and established a name for themselves as a specialist in residential and commercial dryer fire prevention and energy savings.

With industry experience spanning over a decade, Dryer Vent Wizard has branched out with over 75 locations across the country, as well as a few in Canada. These locations are operated autonomously by individual franchisees while receiving support from the corporate headquarters in Farmington Hills, Michigan.

Dryer Vent Wizard is a member of the National Fire Protection Association (NFPA), and franchisees are continually working with local fire departments to increase dryer fire prevention awareness in each of their communities.

Why You May Want to Start a Dryer Vent Wizard Franchise

It is estimated that at least 80% of American households use dryers. When ordinary repair companies can't fix those clogged vents, Dryer Vent Wizard comes into the picture. As a franchisee, you can help maintain healthy and safe environments for families and businesses alike.

The best thing is, running a Dryer Vent Wizard franchise is flexible and straightforward, resulting in you having time to spend with your family and complete other priorities. Dryer Vent Wizard follows an executive owner business model, meaning you won’t be doing all the work yourself. It also offers a home-based or mobile model, meaning that you may not even need a storefront to operate a Dryer Vent Wizard franchise.

What Might Make Dryer Vent Wizard a Good Choice?

To be part of the Dryer Vent Wizard team, you should make sure you're financially ready for an initial investment that will include a franchise fee and other potential startup fees. There is an option for third-party financing if you qualify, but you should be ready to pay these fees as well as ongoing fees such as royalty, advertising, and potential renewal fees.

Three other factors that Dryer Vent Wizard believes are behind the brand’s success are its low-cost business model, very little national competition, and the fact that you don't need a sales pitch since customers come in through the internet and other referrals.

How to Open a Dryer Vent Wizard Franchise

You can begin applying for a Dryer Vent Wizard franchise by filling out a request form. This will allow you to download the free franchise report and review it while waiting for the franchise development manager to respond and schedule an interview. The interview call is your chance to ask questions and get a feel for whether opening a Dryer Vent Wizard franchise is the opportunity you’re looking for.

Dryer Vent Wizard may send you the company’s Franchise Disclosure Document and a list of current owners' names to call and ask for testimonies. Afterward, you'll be invited to their Michigan headquarters to meet the team. You'll listen to some calls at their scheduling center and get a final feel of the business before deciding to sign the franchise agreement.

And with that, the process of opening your Dryer Vent Wizard franchise can begin. 

Investment Details

Initial Franchise Fee $49,900
Initial Investment $82,900 - $159,400
Net Worth Requirement $100,000
Cash Requirement $30,000
Royalty Fee 10%
Ad Royalty Fee 2%-4%
Technology Fee $120/mo.
Term of Agreement 10 years
Is Franchise Term Renewable? Yes
Financing Third Party
Veterans Incentive 20% off franchise fee

Available Territories

Franchising opportunities available in the following regions

United States

Training & Support Programs

Comprehensive training and ongoing support to help you succeed

Training

On the Job Training 30 hours
Classroom Training 43 hours

Ongoing Support

Purchasing Co-ops
Newsletter
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Security & Safety Procedures
Field Operations
Proprietary Software
Franchisee Intranet Platform

Marketing Support

Co-op Advertising
Ad Templates
Regional Advertising
Social Media
SEO
Website Development
Email Marketing
Loyalty Program/App

Operations & Requirements

Key operational details and requirements for running this franchise

Is absentee ownership allowed? No
Can this franchise be run from home/mobile unit? Yes
Can this franchise be run part time? No
# of employees required to run 0-1
Are exclusive territories available? No

Ranking History

Dryer Vent Wizard performance in the Franchise rankings over recent years

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Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise or business opportunity by Entrepreneur Media. Our listings and rankings are solely research tools you can use to compare opportunities. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise or business opportunity. That should include reviewing the company's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees/licensees/dealers.
Updated: December 12th, 2022