When weighing franchise opportunities, you can easily shell out hundreds of thousands – or even millions – of dollars pretty quickly. However, you don’t need to take a huge hit initially in order to make money and have a profitable business. There are plenty of franchises with low overhead and great profit margins – Dryer Vent Wizard being one of them.
In fact, Dryer Vent Wizard was named one of Forbes’ Top 10 Franchise Options under $150K. Here are a few ways we keep costs low and profits high:
Running a Home-Based Business, Even as Business Grows
Since the Dryer Vent Wizard opportunity is a mobile franchise where technicians go to clients’ homes, there’s no need for a large office, staff or inventory. All supplies and equipment can be housed in a van, and front office operations can easily be completed in your own home. We encourage all our franchisees to operate as a home-based business. This model helps minimize ongoing costs, while allowing owners to generate higher profit margins.
Even if you decide to grow the business by pursuing the executive model and hiring technicians, you can still keep the business home-based. This is because even as the business grows, the structure doesn’t change. Although you made need to add a van or two, since technicians perform all work onsite at clients’ homes, you won’t have to invest in more space for your business.
Consistently Low Overhead Puts Money Back in Your Pocket
Our franchise opportunity offers a very lean business model that allows for low overhead and high margins for our franchisees. As an owner-operated, home-based business, you will avoid some of the highest expenses other businesses face – from added real estate or rent costs and utilities to payroll and inventory storage.
Even as business grows, just as you can stay a home-based business, you can also maintain your low overhead. You will be booking more appointments and have a larger territory, but with our scheduling center, you won’t need to consistently add employees to field calls and book services.
Low Investment Since Our Beginning
Other franchise opportunities consistently increase their investment levels – especially with costs increasingly on the rise. At Dryer Vent Wizard, however, we have maintained our cost-effective model that sets up franchisees for success, without requiring additional investment. Our unique, home-based opportunity has kept the investment level below $100,000 since the brand’s inception.
The investment level is great for franchisees who do not have a lot of capital to invest, yet want to take control of their futures by owning their own businesses. Our investment requirements state prospective franchisees must have a minimum net worth of $100,000, with $20,000 being liquid and accessible for investment.
No matter your current industry or past career experience, the Dryer Vent Wizard franchise opportunity offers a profitable, fully-supported business opportunity for you. And, as one of Forbes’ Top 10 Franchise Options under $150K, you don’t have to put up hundreds of thousands of dollars just to get up and running. With consistently low overhead, a home-based model and affordable investment levels, we’re able to ensure a cost-effective, high-margin opportunity for all of our franchisees.
