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2021 Franchise 500 Rank
N/R Not ranked last year
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Initial investment
$71K - $150K
Units as of 2020
84 1.2% over 3 years

Company Overview

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.

About Dryer Vent Wizard Int'l. LLC

Industry
Maintenance
Founded
2004
Parent Company
Neighborly
Leadership
Jason Kapica, President

Franchising Overview

Franchising Since
2006 (15 years)
# of employees at HQ
24
Where seeking

This company is seeking new franchisees throughout the US.

This company is seeking new franchisees in the following international regions: Canada

# of Units
84 (as of 2020)

Franchisor Information

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

Information for Franchisees

Here’s what you need to know if you’re interested in opening a Dryer Vent Wizard Int'l. LLC 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
$40,000
Initial Investment
$70,800 - $149,500
Net Worth Requirement
$100,000
Cash Requirement
$30,000
Veteran Incentives
$5,000 off franchise fee
Royalty Fee
10%
Ad Royalty Fee
to 4%
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 Wizard Int'l. LLC has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll

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
32 hours
Classroom Training
40 hours
Ongoing Support
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Field Operations
Proprietary Software
Franchisee Intranet Platform
Marketing Support
Ad Templates
Social Media
SEO
Website Development
Loyalty Program/App

Operations

Additional details about 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
Are exclusive territories available?
Yes

Franchise 500 Ranking History

Compare where Dryer Vent Wizard Int'l. LLC landed on this year’s Franchise 500 Ranking versus previous years.

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Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise by Entrepreneur Media. Our franchise listings and rankings are solely research tools you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise. That should include reviewing the franchisor's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees.
Updated: February 8th, 2021