Bottom line
- Total investment $52K – $103K including a $35K franchise fee.
- Average unit revenue of $154K/year.
- Rated MODERATE with a risk score of 67/100.
- 18 litigation matters disclosed in Item 3 — higher than typical. Review the summary for patterns (franchisor-initiated vs. franchisee-initiated).
Item 1 · who you're contracting with
The Franchisor
Yale framework · single-unit ROIC
Returns Analysis
Pulls Item 7 (investment) and Item 19 (revenue) from this brand's FDD into the Yale unlevered-ROIC formula. Override any input to stress-test it against your own assumptions.
The model · Yale framework
What would one Dryer Vent Squad unit return on the cash you put in?
Unlevered ROIC · per unit
20%
Below typical band (30–60%)
Levered LBO scenario · Yale Crease Capital framing
What would 25 Dryer Vent Squad units return on equity?
Equity IRR · 5-yr
49.9%
7.57× MOIC
Year-1 DSCR
1.88×
EBITDA ÷ debt service
Equity required
$123K
on $615K purchase
Total debt
$492K
SBA $0.3M + senior + seller note
Overview
About
Franchisees operate a residential and commercial dryer vent cleaning and maintenance service. Day-to-day activities include scheduling appointments, performing vent inspections and cleaning, educating customers on fire hazards, and potentially upselling related services. The business model is service-based with low barriers to entry but requires customer acquisition and field operations management.
Item 7 · what it costs
The Vitals
Item 19
Financial Performance
Item 20 · unit dynamics
The Growth Chart
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 20 · 16 states with active franchisees
The Territory Map
Derived from franchisee contact records. Shows states with at least one current operator — not where the franchisor is registered to sell new units (that data is re-extracting in a future refresh).
States derived from franchisee phone area codes (Item 20). Approximate — ported numbers may show the original state, not the franchisee's current location.
Government records
SBA Loan Data
Aggregated from SBA 7(a) loan disclosures, public data unique to FranchiseVerdict.
No SBA loan data available for this brand.
FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17
Risk & Legal
Significant litigation history, regulatory violations, missing financial disclosures, and going concern issues create substantial risk despite modest growth metrics.
Score breakdown · what drove the 67 / 100 rating
- 01HIGHExtensive litigation history including multiple franchisee fraud/misrepresentation lawsuits against predecessor entities (Patch Boys, Frost Shades, Clozetivity) and ongoing disputes with former partner Thomas Scott
- 02MEDNo Item 19 (average unit volumes) disclosed — cannot verify if $153,651 average revenue claim is accurate or representative; net income completely undisclosed
- 03MEDAdministrative consent orders and state agency investigations in Maryland, Minnesota, and New York for registration violations and disclosure omissions indicate compliance issues
- 04HIGHFranchisor does not have 'Going Concern' status — suggests financial instability or accounting/operational red flags
- 05MEDHigh royalty structure (greater of 7% or $600-$1,700/month minimum) combined with undisclosed profitability makes ROI analysis impossible
- 06MINOR64.3% YoY unit growth appears strong but from small base (46 units); may mask high failure rate or is growth-through-acquisition of struggling systems
Severity inferred from the FDD text · not a regulatory classification
FDD Items 5, 6, 12, 17 · continued from Risk & Legal
Contract & Territory Detail
Item 11
Training & Operations
Item 20
Franchisee Contacts
Phone numbers extracted directly from this brand's FDD Item 20. After purchase, you'll also receive a list of validation questions tailored to this brand.
Franchisee contacts
26 numbers
One-time purchase · CSV download · Validation questions included
FDD download
Dryer Vent Squad · FDD (2024) PDF