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Entrepreneur: Start & Grow Your Business

DreamMaker Bath & Kitchen by Worldwide

Bath & kitchen remodeling

Background

Founded: 1971 Franchising since: 1972
In 1987 Donald J. Dwyer Sr. purchased GNU Services Corp., a company that offered bathtub refinishing, repair and replacement. The company changed its name changed to Worldwide Refinishing Systems one year later and began doing full bathroom and kitchen remodeling. Last year, under the direction of Dwyer's son Doug, the name changed to DreamMaker Bath & Kitchen by Worldwide.

DreamMaker franchisees offer their clients a variety of remodeling options for bathrooms and kitchens, including cabinet refacing or refinishing; tub reglazing; tile, flooring and fixture replacement; and painting.

DreamMaker is part of the Dwyer Group of franchises which includes Aire Serv Heating & Air Conditioning, Glass Doctor, Mr. Appliance, Mr. Electric, Mr. Rooter and Rainbow International.

801 Washington Ave., #800
Waco, Texas 76701
Phone:
(800)253-9153


Franchisor is a privately-held company with 26 employee(s); 4 employee(s) in franchise department.

Franchise Growth
Year U.S. Franchises Canadian Franchises Foreign Franchises Company Owned
2009 78 0 0 0
2008 100 0 25 0
2007 103 0 76 0
2006 104 0 76 0
2005 104 0 85 0

Where Seeking Franchisees
In the U.S. Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North carolina, North dakota, New hampshire, New jersey, New mexico, Nevada, New york, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode island, South carolina, South dakota, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West virginia, Wyoming

Exclusive territories available.
Territory size: 200,000 population

Special Programs
Franchisees are recognized for sales through programs like the Top Gun Club. The company also recognizes franchisees who talk and visit with prospective DreamMaker franchisees. Credits are awarded for making phone calls, visits and referrals.

Costs and Fees

Total investment: $136.5K-398.5K
Franchise fee: $37K
Ongoing royalty fee: 6-3%
Term of agreement: 10 years, renewable


Type of Financing Available
In-House Third Party
Franchise Fee Yes No
Startup Costs No Yes
Equipment No Yes
Inventory No No
Accounts Receivable No No
Payroll No No

Third-party financing source(s): the SBA, leasing company

Qualifications
Net worth requirement: $100K
Cash liquidity requirement: $110.6K-372.6K
Business Experience:
  • Industry experience
  • General business experience
  • Marketing skills
  • Remodeling/construction experience

Operations
  • Number of employees needed to run franchised unit: 4
  • Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators)

Training and Support

Training
  • Available at headquarters: 8 days

Ongoing Support
  • Newsletter
  • Meetings
  • Toll-free phone line
  • Internet
  • Security/safety procedures
  • Field operations/evaluations

Marketing Support
  • Ad slicks
  • National media

Rankings

Franchise 500® rank:
#363 (2009); #479 (2008); #323 (2007); #343 (2006);

Top Home Based Franchises:
#97 (2006);