Dryer Vent Wizard of Central Virginia

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Established and Critical Home Services
Asking Price:
$70,000

Gross Revenue:
$135,000
Cash Flow:
$49,000
EBITDA:
$49,000
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

Real Estate:
 Not Disclosed

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Business Description

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.

About the Business

Year Established:
2009
Number of Employees:
0
Home Based:
Yes
Franchise:
Yes
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+”
Website:
DryerVentWizard.com
Market Outlook/
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.
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About the Sale

Reason For Selling:
Owner retiring
Training/Support:
Franchisee training is available for both administrative and field training
Ongoing support includes national marketing and the national scheduling center.
Seller Financing:
Financing available to qualified buyer

Listing Info

ID:
1437144
Ad Detail Views:
0

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Business Listed by
George Hostetler

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U.S. Census Data for Chesterfield, Fairfax, Henrico and Richmond city Counties, VA
Age

Gender

Ethnicity

Source: Decennial Census (2010), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

U.S. Community Survey Data for Chesterfield, Fairfax, Henrico and Richmond city Counties, VA
Income

Education

Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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