Start-Up Costs and Fees |
||
| Hoodz | Dryer Vent Wizard | |
| Investment | 137000000000 - 228827 | 70500 - 149500 |
| Franchise Fee | ||
| Royalty Fee | 10% | 10% |
| Advertising Fee | 5% | |
| Year Founded | 2008 | 2004 |
| Year Franchised | 2009 | 2006 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Hoodz | Dryer Vent Wizard | |
| Experience | Net worth requirement: $100,000 Cash liquidity requirement: $10,000 - $30,000 | |
Financing Options |
||
| Hoodz | Dryer Vent Wizard | |
| Franchise Fees | Yes | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Hoodz | Dryer Vent Wizard | |
| Training | Available at headquarters: One week Technical/ Business Administration | |
| Support | Annual meetings Advanced level training | |
| Marketing | National advertising and public relations | |
| Operations | * Franchise can be run from home * 13% of all franchisees own more than one unit * Number of employees needed to run franchised unit: Two * Absentee ownership of franchise is allowed | |
Expansion Plans |
||
| Hoodz | Dryer Vent Wizard | |
| US Expansion | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming | |
| Canada Expansion | 0 | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Hoodz | |
| Dryer Vent Wizard | |
| Franchise Fee | |
| Hoodz | |
| Dryer Vent Wizard | |
| Royalty Fee | |
| Hoodz | 10% |
| Dryer Vent Wizard | 10% |
| Advertising Fee | |
| Hoodz | |
| Dryer Vent Wizard | 5% |
| Year Founded | |
| Hoodz | 2008 |
| Dryer Vent Wizard | 2004 |
| Year Franchised | |
| Hoodz | 2009 |
| Dryer Vent Wizard | 2006 |
| Term Of Agreement | |
| Hoodz | |
| Dryer Vent Wizard | |
| Renewal Fee | |
| Hoodz | |
| Dryer Vent Wizard | |
Business Experience Requirements |
|
| Experience | |
| Hoodz | Net worth requirement: $100,000 Cash liquidity requirement: $10,000 - $30,000 |
| Dryer Vent Wizard | |
Financing Options |
|
| Franchise Fees | |
| Hoodz | Yes |
| Dryer Vent Wizard | Yes |
| Start-up Costs | |
| Hoodz | |
| Dryer Vent Wizard | |
| Equipment | |
| Hoodz} | |
| Dryer Vent Wizard | |
| Inventory | |
| Hoodz | |
| Dryer Vent Wizard | |
| Receivables | |
| Hoodz | |
| Dryer Vent Wizard | |
| Payroll | |
| Hoodz | |
| Dryer Vent Wizard | |
Training & Support |
|
| Training | |
| Hoodz | Available at headquarters: One week Technical/ Business Administration |
| Dryer Vent Wizard | |
| Support | |
| Hoodz | Annual meetings Advanced level training |
| Dryer Vent Wizard | |
| Marketing | |
| Hoodz | National advertising and public relations |
| Dryer Vent Wizard | |
| Operations | |
| Hoodz | * Franchise can be run from home * 13% of all franchisees own more than one unit * Number of employees needed to run franchised unit: Two * Absentee ownership of franchise is allowed |
| Dryer Vent Wizard | |
Expansion Plans |
|
| US Expansion | |
| Hoodz | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| Dryer Vent Wizard | |
| Canada Expansion | |
| Hoodz | |
| Dryer Vent Wizard | 0 |
| International Expansion | |
| Hoodz | |
| Dryer Vent Wizard | |