From whom must a Dryer Vent Squad franchisee purchase their initial inventory?
Dryer_Vent_Squad Franchise · 2024 FDDAnswer from 2024 FDD Document
costs listed here do not include any transportation or set up costs.
Note 4: Initial Inventory – You must purchase your initial opening inventory of vent transitions, cleaning equipment, monitoring devices, and other common washer and dryer parts from our approved and designated suppliers. This initial inventory is intended as a minor supplement to the parts and supplies that you will be required to purchase on a customer-to-customer basis and in connection with the day to day operations of your Dryer Vent Squad Business.
Source: Item 7 — ESTIMATED INITIAL INVESTMENT (FDD pages 21–24)
What This Means (2024 FDD)
According to Dryer Vent Squad's 2024 Franchise Disclosure Document, franchisees must purchase their initial inventory from approved and designated suppliers. This initial inventory, estimated at $2,400, includes vent transitions, cleaning equipment, monitoring devices, and other common washer and dryer parts.
This initial inventory is intended to supplement the parts and supplies that franchisees will purchase on a customer-to-customer basis during day-to-day operations. The FDD specifies that the payment method for the initial inventory is "as arranged" and due "as incurred," payable to the suppliers.
Franchisees should confirm with Dryer Vent Squad a complete list of approved and designated suppliers to ensure compliance with the franchise agreement. It is also important to understand the payment terms and arrangements that can be made with these suppliers to manage cash flow effectively during the initial phase of the business.