Owning a dryer vent cleaning franchise may be more affordable than you may think
On the surface, the total investment for a Dryer Vent Superheroes franchise starts at around $68,000 for a small territory and $129,450 for a large territory. But there’s more to the story. Investing in any business, especially a franchise, involves three key categories of costs. Let’s break down the investment details of the Dryer Vent Superheroes franchise cost.
How Much Is the Franchise Fee?
Our franchise fee for a small territory is $39,000. These exclusive territories are ideal for smaller markets like Chattanooga, TN, or Greenville, SC, which typically have populations under 500,000.
For larger markets such as Dallas, TX, or Phoenix, AZ, we offer a large territory for $78,000. This option provides three times the size of a small territory for the cost of two, making it an excellent value in cities with populations between 700,000 and one million.
We carefully design our territories using detailed demographic data, ensuring they have strong potential for profitability. Factors like homeownership rates, owner-occupied properties, average income, home values, and education levels are all taken into account. By focusing on zip code-specific data, we create territories capable of supporting rapid and sustainable business growth.
“We are committed to supporting our franchise owners every step of the way, so we make sure that they have the tools, training, and resources to succeed. Success may look different in every market, but with the right mindset and dedication, profitability is typically within reach.” – Thomas Scott, Founder & CEO of Dryer Vent Superheroes
What Are the Costs to Open?
The Dryer Vent Superheroes franchise costs associated with opening the business include things like marketing costs, a branded van, a set of tools, travel for training, insurance, and more. These costs range from $68,750 to $106,250 and are detailed in Item 7 of our Franchise Disclosure Document below.
Do I Need Working Capital?
Getting your business up and running successfully requires working capital for the first four to six months as you ramp your business up. We don’t like our franchise owners to underestimate how much money they need to pay the bills at home, order materials, do marketing, etc so we err on the side of a conservative working capital budget.
What Are My Financing Options?
While we don’t offer financing directly, we do have relationships with third-party lenders who can help you secure the funds necessary to open your business. With the costs of ownership being so low, the amount of financing needed is affordable and banks are far more likely to finance a business that is backed by a brand with years of success. To start a conversation about financing options, simply fill out an inquiry form on this website and we will get back to you shortly.
Want a deeper dive into the Dryer Vent Superheroes franchise costs & fees?
For a more detailed overview of the costs & fees associated with owning a small Dryer Vent Superheroes franchise, please review Item 7 from our most recent franchise disclosure document below:
| Type of Expenditure | Amount | Method of payment | When due | To whom payment is to be made |
|---|---|---|---|---|
| Initial Franchise Fee | $39,000 - $39,000 | Check of wire transfer | Upon signing the franchise agreement | Us |
| Your Training Expenses | $1,500 - $4,000 | Not applicable | Not applicable | Not applicable |
| Equipment and Tools | $5,000 - $10,000 | Check, debit and/or credit | As incurred or when billed | Vendors and suppliers |
| Service Vehicle | $2,500 - $8,000 | Check, debit and/or credit | As incurred | Vendors and suppliers |
| Initial Inventory | $2,000 - $5,000 | Check, debit and/or credit | As incurred | Vendors and suppliers |
| Business Licenses and Permits | $150 - $1,500 | Check | Upon ordering | Insurance company |
| Computer Systems software setup | $100 - $1,000 | Check | Upon purchase | Vendor |
| Professional Fees | $500 - $1,500 | Check, debit and/or credit | Upon ordering | Vendor |
| Start Up Marketing Fees | $7,500 - $7,500 | Check, debit and/or credit | As incurred | Vendors |
| Insurance | $500 - $2,500 | Check, debit and/or credit | Upon ordering | Vendors |
| Operating Expenses - Additional Funds 3 months | $10,000 - $50,000 | Check | Upon application | Government |
| Total | $68,750 - $130,000 |
For a closer look at the detailed costs and fees associated with opening a large territory, please review Items 7 from our most recent franchise disclosure document below?
| Type of Expenditure | Estimate | Method of Payment | When Due | To Whom Payment is Made |
|---|---|---|---|---|
| Initial Franchise Fee | $78,000 - $78,000 | Lump Sum via Wire Transfer | At the signing of the franchise agreement | Franchisor |
| Your Training Expenses | $500 - $2,500 | As Arranged | As Incurred | Third parties for travel and lodging |
| Equipment and Tools | $5,000 - $12,000 | As supplier / vendor requires | As Incurred | Suppliers / vendors |
| Service Vehicle | $2,500 - $8,000 | As Arranged | As Arranged | For vehicles / paid to supplier |
| Initial Inventory | $1,500 - $5,000 | As Arranged | As Arranged | Third-party suppliers |
| Business Licenses and Permits | $150 - $1,500 | As Arranged | As Incurred | Third-party entities |
| Computer Systems and Software Set-up | $100 - $1,300 | As Arranged | As Arranged | Third-party suppliers |
| Professional Fees | $500 - $1,500 | As Arranged | As Incurred | Third-party legal and accounting firms |
| Start Up Marketing Fee | $7,500 - $7,500 | Lump Sum via Wire Transfer | At the signing of the franchise agreement | Franchisor |
| Insurance | $500 - $2,500 | As Arranged | As Arranged | Third-party suppliers |
| Operating Expenses / Additional Funds - 3 months | $10,000 - $50,000 | As Arranged | As Arranged | Cash reserves in franchisee's banking account to pay ongoing payroll,suppliers and vendors |
| TOTAL | $106,250 - $169,800 |
Ready to franchise with Dryer Vent Superheroes?
To learn more about the the Dryer Vent Superheroes franchise opportunity, simply fill out a form and begin a conversation. We can’t wait to learn more about you!
