Who is the franchisor of the Dryer Vent Squad Franchise system?
Dryer_Vent_Squad Franchise · 2024 FDDAnswer from 2024 FDD Document
You, (hereinafter referred to as "you") the undersigned individual who, individually or on behalf of a corporate entity, is about to sign a Dryer Vent Squad Franchise Agreement or has signed a Dryer Vent Squad Franchise Agreement, represent to us, DVS Holdings, Inc.,, the franchisor of Dryer Vent Squad Franchise system (hereinafter referred to as "we" or "us") that your response to the questions contained in this document are true and represent accurate representations on your behalf. You acknowledge and represent that we are relying on your responses and the information provided by you.
Source: Item 23 — RECEIPTS (FDD pages 51–207)
What This Means (2024 FDD)
According to the 2024 Dryer Vent Squad Franchise Disclosure Document, DVS Holdings, Inc. is the franchisor of the Dryer Vent Squad franchise system. This is explicitly stated in Exhibit 2, the Franchisee Disclosure Questionnaire, and Exhibit 1, the Owner Agreement and Individual Guaranty. These exhibits are part of the Dryer Vent Squad Business Franchise Agreement.
As the franchisor, DVS Holdings, Inc. is the entity that grants the franchise rights to franchisees, allowing them to operate a Dryer Vent Squad Business under the established system and brand. DVS Holdings, Inc. is responsible for providing the Dryer Vent Squad system, including trademarks, operational methods, and support, while franchisees operate their businesses according to the terms outlined in the franchise agreement.
Prospective franchisees should understand that DVS Holdings, Inc., as the franchisor, has the authority to make decisions and take actions that benefit the Dryer Vent Squad system, even if those decisions may not directly benefit individual franchisees. Franchisees are required to adhere to the franchisor's decisions made in what the FDD terms "Franchisor's Reasonable Business Judgment."