Dryer Vent Wizard FDD – Franchise Information, Costs and Fees
Type of Business
As a franchisee, you will install and repair, and provide cleaning products and services for: dryer vents, bathroom vents, kitchen vents, appliances, exhaust vents, air movement systems, and washing machine filters and hoses to enhance the performance and safety of clothes dryers and other household appliances to residential and commercial customers, and perform related services and sell related products.
Dryer Vent Wizard SPV LLC is a Delaware limited liability company organized on November 13, 2020. They maintain their principal place of business at 1010 North University Parks Drive, Waco, Texas 76707. Their predecessor and affiliate, Dryer Vent Wizard LLC was originally formed as a Michigan limited liability company on February 28, 2011 and converted to a Delaware limited liability company on February 19, 2020. Their predecessor was acquired by Neighborly in February 2020. They offered franchises for the operation of Dryer Vent Wizard businesses from April 15, 2011 until the closing of the 2021 Securitization Transaction in March 2021.
The total investment necessary to begin operation of a Dryer Vent Wizard® franchise ranges from $75,800 to $154,500. This includes $45,000 that must be paid to the franchisor or its affiliate(s). It does not include fees for additional territory (beyond the standard 225,000 in population), for which we charge $200 per 1,000 population.