Is a Dryer Vent Squad franchisee required to purchase equipment from Dryer Vent Squad or its approved suppliers?
Dryer_Vent_Squad Franchise · 2024 FDDAnswer from 2024 FDD Document
siness from a commercial administrative office or operations center.
Note 3: Equipment – You will be required to purchase certain types of equipment including a commercial vacuum, vent cleaning tools, appliance moving tools, testing equipment, drills, and miscellaneous hand tools from us or our approved manufacturers, suppliers and/or subject to our specifications. These figures represent the purchase of the necessary equipment from suppliers to provide the services of your Dryer Vent Squad Business. The 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.
Note 5: Computer, Software and Point of Sales System – You are required to purchase, license and use the computer system and customer relationship management system and applications that we designate. This estimate includes a desktop computer, iPad with cellular wireless internet access, and the initial start-up license for our designated business management system (the "Business Management System").
Note 6: Service Vehicle – You must use a Dryer Vent Squad branded and wrapped service vehicle for all customer visits.
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 are required to purchase specific equipment from Dryer Vent Squad or its approved suppliers. This equipment includes a commercial vacuum, vent cleaning tools, appliance moving tools, testing equipment, drills, and miscellaneous hand tools. The estimated cost for this equipment is $1,500, payable to the suppliers as incurred.
In addition to the equipment, Dryer Vent Squad franchisees must also purchase their initial inventory from approved and designated suppliers. This inventory includes vent transitions, cleaning equipment, monitoring devices, and other common washer and dryer parts. The estimated cost for the initial inventory is $2,400, also payable to the suppliers as incurred. This initial inventory is intended to supplement the parts and supplies that franchisees will need to purchase on a customer-to-customer basis for their day-to-day operations.
Furthermore, franchisees are required to purchase, license, and use the computer system and customer relationship management system designated by Dryer Vent Squad. This includes a desktop computer, an iPad with cellular wireless internet access, and the initial start-up license for the designated Business Management System. The estimated cost for the computer, software, and point of sales system ranges from $150 to $500, payable to the suppliers as incurred. Franchisees must also use a Dryer Vent Squad branded and wrapped service vehicle that meets the franchisor's standards and specifications.