Franchise Deep Dive: Dryer Vent Squad Franchise Costs, Fees, Profit and Data

The dryer vent cleaning concept is offering affordable, home-based franchise opportunities in a niche (but critical) home service market.

By Victoria CampisiStaff Writer

7:07AM • 06/05/24

LAST UPDATED: June 2024

FRANCHISE WEBSITE: https://dryerventsquadfranchising.com/

NUMBER OF LOCATIONS: 30+

REPORTED COST TO GET IN: $47,000 - $68,500

REPORTED ROI (Item 19): N/A

Dryer Vent Squad is a franchise that specializes in cleaning dryer vents to prevent potential fire hazards and improve indoor air quality in homes. The company emphasizes the importance of keeping dryer vents clean to reduce the risk of house fires, as dryer lint can be highly flammable. Dryer Vent Squad offers a home-based business model with low overhead costs.

How Many Dryer Vent Squad Locations Are There?

Dryer Vent Squad was founded by Leo Goldberger, an experienced entrepreneur with a background in the construction industry. After experiencing setbacks during the recession, Goldberger launched The Patch Boys, a successful drywall repair franchise. Drawing from his entrepreneurial success, Goldberger identified the need for a business focused on dryer vent cleaning and founded Dryer Vent Squad in 2020. Today, there are over 30 locations.

What Is the Dryer Vent Squad Business Model?

The business model of Dryer Vent Squad revolves around providing essential dryer vent cleaning services to residential homeowners. The company emphasizes the importance of regular dryer vent cleaning to prevent dryer fires, improve dryer efficiency and maintain a healthier living environment. This singular focus allows for a straightforward business model that is easy to master.

Other aspects of Dryer Vent Squad's business model include:

Simple Operations: The average job of cleaning a dryer vent takes less than an hour to complete. Franchisees follow a straightforward process of measuring dryer efficiency, removing lint, checking for faulty tubes or lint traps and ensuring efficiency at the end.
Low Overhead Costs: Franchisees can start the business with minimal equipment and without the need for expensive office space. This helps keep ongoing expenses low, allowing franchisees to retain more of their earnings.
Scalability: The business model is designed to scale quickly as the franchise grows. Franchisees can expand by adding more territories, purchasing additional trucks and hiring more employees.
Comprehensive Support: Dryer Vent Squad provides comprehensive training, access to state-of-the-art equipment, professional branding, ongoing coaching, marketing support and more to ensure the success of its franchisees.

Overall, Dryer Vent Squad offers an affordable and straightforward franchise opportunity that doesn't require prior experience. The company aims to help entrepreneurs succeed by providing them with the necessary tools, training and support to build a profitable business.

How Much Can Dryer Vent Squad Owners Make?

Earnings for Dryer Vent Squad owners are not publicly available.

How Much Does It Cost to Open a Dryer Vent Squad Franchise?

The total investment range is between $47,000 and $68,500, depending on various factors such as equipment needs and initial operational expenses. This investment includes a $35,000 franchise fee, which grants access to comprehensive training, ongoing support, professional branding, marketing assistance and mentoring from the executive team.

Financing options are available through third-party lenders due to Dryer Vent Squad's proven business model, making it easier for prospective franchisees to secure the necessary funds.

Here's a breakdown of the estimated expenses associated with opening a Dryer Vent Squad franchise:

Initial Franchise Fee: $35,000
Travel, Lodging and Meals for Initial Training: $500 - $2,000
Real Estate and Office Equipment: $1,000 - $3,500
Vehicle and Signage: $500 - $4,000
Inventory and Supplies: $500 - $1,000
Professional Fees (Lawyer, Accountant, Etc.): $500 - $1,500
Insurance: $500 - $3,500
License/Permits/Utility: $500 - $1,500
Tools and Equipment: $500 - $1,500
Additional Funds(First 3 Months): $5,000 - $10,000

What Is the Franchise Fee for Dryer Vent Squad?

The franchise fee is $35,000 for a single territory.

Who Are the Leaders of Dryer Vent Squad?

Leo Goldberger - Co-Founder and CEO
Curt Swanson - Co-Founder and Chief Operating Officer
Danny Mac - Director of Operations, Dryer Vent Squad
Beth Swanson - Executive VP
Lydia Smith - Franchise Admin Support

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Every great franchisee had help buying a franchise. Want to learn more about how 1851 helps franchisees find the right franchise opportunity? Visit www.1851growthclub.com and start your journey.

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