Dryer Vent Wizard of Central Virginia

Richmond, VA (Richmond City County)

Seller Financing Available
Dryer Vent Wizard
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Asking Price: $70,000

Cash Flow: $49,000

Gross Revenue: $135,000

EBITDA: $49,000

FF&E: N/A

Inventory: N/A

Established: 2009

Dryer Vent Wizard of Central Virginia

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Business Description

Established and Critical Home Services

Dryer Vent Wizard is a home-based, owner-operated franchise opportunity that provides the owner the option to scale the business to a comfortable size.

Approximately 80% of all US households have a clothes dryer. These dryers have vents that will clog and become efficient over time, making them a potential fire hazard. There are a reported 17,000 dryer fires yearly, resulting in $248 million in property damage

Dryer Vent Wizard offers services to clean and repair dryer vent systems in the residential, multi-family and commercial markets. While making the repairs, consumers are educated on the importance of cleaning and maintaining the vent systems, which leads to repeat business and safer households.

Homeowners save on energy costs due to reduced drying times after Dryer Vent Wizard has cleaned, repaired, replaced or altered a dryer vent. These vents often have lint accumulation inside, a known fire hazard, and the reason most dryers don’t function properly.

This high demand business provides great margins, family friendly hours and the training & support of a national brand.

Started in 2004, Dryer Vent Wizard is the only nationally organized company focusing on dryer vent cleaning and repairs.

Detailed Information

Employees:
0
Facilities:
This is an existing ongoing franchise location of 9+ years. This is an existing home based business with a database of over 2500 customers with excellent ratings on survey responses and BBB.rating of “A+” (Home Based)
Competition:
With 80% of U.S. households owning dryers, the market and opportunity for business is huge. No matter what happens in the economy, the laundry continues to build up and so does the lint. When dryers stop working properly, it’s usually due to clogged vents, and repair companies typically cannot help. While other companies offer dryer vent cleaning with services other than dryer vents, their services are limited for dryer vent systems.
Growth & Expansion:
This territory is over 1 and a half times the size of a typical territory, with a three fold upside potential with further development of both the residential and commercial markets. The territory covers the counties of Central Virginia.
Financing:
Financing available to qualified buyer
Support & Training:
Franchisee training is available for both administrative and field training Ongoing support includes national marketing and the national scheduling center.
Reason for Selling:
Owner retiring
Home-Based:
This business is Home-Based
Franchise:
This business is an established franchise
Business Website:
http://DryerVentWizard.com
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Business Listed By:
Dryer Vent Wizard Franchise Sales Department

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