Dryer Vent Wizard Int'l. LLC

Dryer Vent Wizard Int'l. LLC

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Promoted Opportunities

Dryer Vent Wizard Int'l. LLC

Initial Investment

LOW: $64,150
HIGH: $78,450

Change in Units

+9.2% +7 UNITS (1 Year)
+13.7% +10 UNITS (3 Years)

Company Profile

Founded

2004

Franchising Since

2006 (11 Years)

Corporate Address

37735 Enterprise Ct., #100 Farmington Hills, MI 48331

CEO

Terry Reuer

About Dryer Vent Wizard Int'l. LLC

Mr. Handyman founder Dave Lavalle started Dryer Vent Wizard in 2004, and began franchising in 2006 with the help of franchising veteran Greg Longe. Dryer Vent Wizard franchisees inspect, clean, repair, install and reroutes dryer vents for homeowners and in commercially-owned buildings.

Financials

Financial Requirements

Initial Investment

$64,150 - $78,450

Net-worth Requirement

$100,000

Liquid Cash Requirement

$20,000

Ongoing Fees

Initial Franchise Fee

$44,000

Ongoing Royalty Fee

10%

Ad Royalty Fee

2%

Financing Options

Veteran Incentives


$5,000 off franchise fee

Units (Locations)

Where Seeking Franchisees:
Franchisor is seeking new franchise units throughout the U.S. and in the following regions/states: See List

Operations & Franchisor Support

Training Onsite: 5 days

Training at headquarters: 5 days

Ongoing Support
Meetings
Toll-Free Line
Internet
Security
Field Operations

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Disclaimer

The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise.

Updated: October 3rd, 2016

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