- Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$66K - $83K
- Units as of 2023
-
31 416.7% over 3 years
Taking care of your clothes through the wash-and-dry cycle is a service that may always be needed. But while most of us know that drying clothes is best done through a spin in the dryer, we can forget that the appliance itself needs some attention, too. Dryer Vent Squad is a company that understands why dryers need to be regularly serviced and maintained to operate optimally.
Founded in 2019 by passionate entrepreneur Leo Goldberger, Dryer Vent Squad keeps homeowners safe from dryer fires. Using what they believe are the best techniques in cleaning clothes dryers in the market, Dryer Vent Squad seeks to give customers the gift of peace of mind.
Customers appreciate the Dryer Vent Squad’s services that may ensure they are safe from health and maintenance risks caused by poorly cleaned dryers. Since dryer vents can be major fire hazards, homeowners may see dryer vent cleaning as a vital home maintenance service.
Since beginning to franchise in 2019, Dryer Vent Squad has opened over one dozen franchises in the United States. It is seeking franchisees located in both the United States and Canada.
Why You May Want To Start a Dryer Vent Squad Franchise
Dryer Vent Squad believes that every home deserves the best maintenance services in the market. To achieve this goal, the brand seeks professional individuals who can meet deadlines and respect customers. Dryer Vent Squad seeks individuals with excellent customer service skills since connecting with customers is the first step of the service delivery process.
Franchisees typically do not need a background in maintenance and can come from all walks of life. Individuals with an entrepreneurship mindset who are looking to diversify their portfolios may be well suited to own a Dryer Vent Squad franchise.
What Might Make a Dryer Vent Squad Franchise a Good Choice?
Dryer Vent Squad may be best known for its services that make dryers safe, effective, and more efficient after every appointment. Dryer Vent Squad offers other services, including inspections, installations, and repairs, which may place the company in position for success.
Franchisees will be expected to administer all services requested by clients on demand. As a franchisee, you should expect to make appointments with customers, inspect and service dryer vents. With every visit, leaving the dryers unclogged, safe, and harmless is the priority.
To be part of the Dryer Vent Squad team, you should make sure you're financially ready for an initial investment made up of a franchise fee and other startup costs. In addition, you should prepare yourself for ongoing fees that will include advertising, royalty, and potential renewal fees. Franchisees will also need to meet the company's set net worth and liquid capital requirements.
How To Open a Dryer Vent Squad Franchise
Dryer Vent Squad has simplified the franchise process by providing adequate training to franchisees. The brand is prepared to offer training on handling equipment, conducting inspections, and its service model.
As you decide if opening a Dryer Vent Squad franchise is the right move for you, make sure you take time to explore the opportunity. Research the brand and your local area to see if a Dryer Vent Squad franchise would do well in your community. While competition is healthy, too much of it may not allow for the most possible growth.
After completing the initial steps of applying for a Dryer Vent Squad franchise, you should compile a set of questions as you move forward with an initial phone call and attend a company discovery day.
Company Overview
About Dryer Vent Squad
Industry | Maintenance |
---|---|
Related Categories | Dryer Vent Cleaning, Cleaning/Restoration, Miscellaneous Maintenance Businesses |
Founded | 2019 |
Parent Company | Home Based Franchise Group |
Leadership | Leo Goldberger, Founder/CEO |
Corporate Address |
277 NJ-70 Toms River, NJ 08755 |
Social | Facebook, LinkedIn, Instagram, YouTube |
Business Overview
Franchising Since | 2019 (6 years) |
---|---|
# of employees at HQ | 8 |
Where seeking |
This company is offering new franchises throughout the US. |
# of Units | 31 (as of 2023) |
|
Information for Franchisees
Here's what you need to know if you're interested in opening a Dryer Vent Squad franchise.
Financial Requirements & Ongoing Fees
Here's what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
Initial Franchise Fee
|
$39,000 |
---|---|
Initial Investment
|
$65,650 - $83,400 |
Net Worth Requirement
|
$50,000 |
Cash Requirement
|
$35,000 |
Veteran Incentives
|
20% off franchise fee |
Royalty Fee
|
7%+ |
Ad Royalty Fee
|
to 2% |
Term of Agreement
|
10 years |
Is franchise term renewable? | Yes |
Financing Options
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
Third Party Financing | Dryer Vent Squad has relationships with third-party sources which offer financing to cover the following: franchise fee |
---|
Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
On-The-Job Training | 8 hours |
---|---|
Classroom Training | 12 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
National Media
Regional Advertising
Social Media
SEO
Website Development
Email Marketing
Loyalty Program/App
|
Operations
Additional details about running this franchise.
Is absentee ownership allowed? | Yes |
---|---|
Can this franchise be run from home/mobile unit?
|
Yes |
Can this franchise be run part time?
|
Yes |
Are exclusive territories available?
|
Yes |
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