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Below is an in-depth analysis and side-by-side comparison of Dryer Vent Wizard vs Hoodz including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $70,500 - $149,500 | $136,733,228,827 |
Franchise Fee | $48,000 | $23,960 - $65,900 |
Royalty Fee | 10% | 10% |
Advertising Fee | 5% | - |
Year Founded | 2004 | 2008 |
Year Franchised | 2006 | 2009 |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | - | Net worth requirement: $100,000 Cash liquidity requirement: $10,000 - $30,000 |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/- | Yes/No |
Start-up Costs | -/- | No/No |
Equipment | -/- | No/No |
Inventory | -/- | No/No |
Receivables | -/- | No/No |
Payroll | -/- | No/No |
Training & Support |
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Training | - | Available at headquarters: One week Technical/ Business Administration |
Support | - | Annual meetings Advanced level training |
Marketing | - | National advertising and public relations |
Operations | - | * Franchise can be run from home * 13% of all franchisees own more than one unit * Number of employees needed to run franchised unit: Two * Absentee ownership of franchise is allowed |
Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | - | - |
International Expansion | - | - |
We welcome inquiries about owning one of our Dryer Vent Wizard franchises in the United States. Dryer Vent Wizard is a franchise which services clothes dryers owned by homes and by commercial businesses. Poorly maintained dryer vents often cause dryer vent fires and make a dryer cost more to operate. Each franchise is owned and operated locally in a market in which they serve. Dryer Vent Wizard offers dryer vent cleaning, dryer vent repair, and dryer vent installations. The franchise includes all training, start-up cash and equipment needed.