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Promoted Opportunities
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 - $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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