Dryer Vent Wizard Franchise FDD, Profits & Costs (2025)
Dryer Vent Wizard, established in 2004, is a leading provider of dryer vent cleaning and repair services in North America. Founded by Dave Lavalle, who also founded the Mr. Handyman franchise, the company has grown to over 150 locations across the United States and Canada.
Headquartered in Farmington Hills, Michigan, Dryer Vent Wizard began franchising in 2006 and has since expanded its reach through a network of locally owned and operated franchises.
The company specializes in cleaning, repairing, and installing dryer vents for both residential and commercial clients. Their services are crucial for preventing dryer fires, enhancing energy efficiency, and prolonging the lifespan of appliances.
Dryer Vent Wizard differentiates itself by focusing exclusively on dryer vent services, positioning itself as a niche provider in the home services industry. This specialization allows franchisees to offer expert services with limited competition in the market.
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Initial Investment
How much does it cost to start a Dryer Vent Wizard franchise? It costs on average between $81,000 – $159,000 to start a Dryer Vent Wizard franchised center.
This includes costs for equipment, initial inventory, training, and operating expenses. The exact amount depends on various factors, including the location, the size of the territory, and whether the franchisee operates from a home-based model or leases office space.
| Type of Expenditure | Amount |
|---|---|
| Initial Franchise Fee | $49,900 |
| Van | $2,000 – $10,000 |
| Equipment, Supplies & Inventory | $11,500 – $16,000 |
| Insurance | $300 – $6,000 |
| Advertising & Promotional and Local Marketing Spending | $10,500 – $15,000 |
| Training, Travel, Lodging & Food | $1,500 – $5,500 |
| Deposits, Permits & Licenses | $0 – $6,000 |
| Professional Fees | $0 – $5,000 |
| Real Estate | $0 – $6,000 |
| Additional Funds – 3 Months | $5,000 – $40,000 |
| Totals | $80,700 – $159,400 |
Average Revenue (AUV)
How much revenue can you make with a Dryer Vent Wizard franchise? A Dryer Vent Wizard franchised location makes on average $164,000 in revenue (AUV) per year.
Here is the extract from the Franchise Disclosure Document:
This compares to $1,072,000 yearly revenue for similar plumbing/HVAC franchises. Below are a few Dryer Vent Wizard competitors as a comparison:
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Dryer Vent Wizard Franchise Disclosure Document
Frequently Asked Questions
How many Dryer Vent Wizard locations are there?
As of the latest data, Dryer Vent Wizard has over 150 locations across the United States and Canada, with both company-owned and franchise-owned units.
What is the total investment required to open a Dryer Vent Wizard franchise?
The total investment required to open a Dryer Vent Wizard franchise ranges from $81,000 to $159,000.
What are the ongoing fees for a Dryer Vent Wizard franchise?
A Dryer Vent Wizard franchise has an ongoing royalty fee of 8% of gross sales and a 2% marketing fee for the national advertising fund.
What are the financial requirements to become a Dryer Vent Wizard franchisee?
To become a Dryer Vent Wizard franchisee, the minimum financial requirements include a net worth of at least $250,000 and liquid capital of $75,000. These financial prerequisites ensure that potential franchisees have the necessary resources to cover initial investments and manage operations effectively.
How much can a Dryer Vent Wizard franchise owner expect to earn?
The average gross sales for a Dryer Vent Wizard franchise are approximately $0.16 million per location. Assuming a 15% operating profit margin, $0.16 million yearly revenue can result in $24,000 EBITDA annually.
Who owns Dryer Vent Wizard?
Dryer Vent Wizard franchise is owned by Neighborly, a large franchising company that operates a variety of home service brands.
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