DreamMaker Bath & Kitchen Franchise FDD, Costs & Fees (2024)

KEY FRANCHISE STATS

All you need to know about this franchise in a snapshot

Initial franchise fee
$44,000
Investment required
$223,000 - $467,000
Royalty fee
3% to 7%

DreamMaker Bath & Kitchen: Leading the Way in Faith-Based Home Remodeling

DreamMaker Bath & Kitchen, a prominent name in home remodeling franchising, originated as part of The Dwyer Group. In 2003, it became an independent brand when Doug Dwyer, who has maintained close family ties to The Dwyer Group's leadership, acquired DreamMaker. The franchise has been providing specialized kitchen and bath remodeling services since it began franchising in 1999. Its headquarters are based in Waco, Texas.

The franchise has built a strong reputation through solid business practices rooted in biblical principles of service, respect, and integrity, which have significantly contributed to its success in the remodeling industry.

Specializing in professional kitchen and bath remodeling, DreamMaker Bath & Kitchen also offers the potential for franchisees to expand into full interior remodeling as their business grows. The franchise model focuses on fostering long-term customer relationships, enhancing satisfaction and loyalty. The foundation of DreamMaker's business practices is deeply ingrained in biblical principles, emphasizing service, respect, and integrity, which have been pivotal to their success.

As a faith-based, full-service remodeling franchise system, DreamMaker Bath & Kitchen provides comprehensive support to both new entrepreneurs and existing remodelers. The franchise aims to help its franchisees achieve strong financial performance while improving their quality of life. DreamMaker sets itself apart by offering kitchen, bath, and interior design/build remodeling services, catering to more affluent homeowners.

Initial investment

Here's what you would need to invest if you were to start this franchise. These costs are provided by the franchisor in the Franchise Disclosure Document.

Type of Expenditure Amount
Initial Franchise Fee $44,000 plus $220 per 1,000 additional population over the minimum - $69,300 plus $220 per 1,000 additional population over the minimum
Software Support Fee $3,995
Vehicle $0 - $9,500
Equipment, Supplies & Inventory $30,390 - $34,390
Insurance $7,500 - $10,000
Initial Advertising & Promotional Deposit $36,000 - $48,000
Refundable Continuing Education Fee $1,200
Training, Travel, Lodging & Food $4,000 - $7,500
Deposits, Permits & Licenses $0 - $2,000
Real Estate $62,000 - $159,700
Professional Fees $8,275 - $12,500
Additional Funds – 9 to 12 months $18,000 - $101,250
Refundable Design Center Deposit $5,000
Totals $222,860 to $466,835 plus any additional franchise fee

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Number of units

2024
Franchised units

43

42

42

Company-owned units

0

0

0

Total units

43

42

42

Franchise Disclosure Document

Training 

The franchisor offers an extensive training program comprising three primary phases:

Foundations Prep Training This initial phase is conducted through phone calls, webinars, self-study, or other methods designated by the franchisor. It serves as the preparatory stage, equipping franchisees with the foundational knowledge needed for more intensive training.

Foundations Core Training In this phase, franchisees receive training in essential marketing and managerial skills required to run the franchise in accordance with the system. Foundations Core Training is periodically conducted at the franchisor's headquarters in Waco, Texas, via webinars, or at other specified locations and times.

Simulation Training During Simulation Training, franchisees engage in self-study exercises, sales training, role-playing, and marketing assignments. They also shadow employees at existing franchise locations, visit the franchisor's preferred cabinet vendor, and complete necessary design courses, which may be virtual or in-person. Additionally, franchisees must complete a sales and sales management training program with a third-party provider designated by the franchisor.

Franchisees are responsible for covering all associated costs, including travel and accommodation for themselves and any employees they wish to have trained. The franchisor may also offer additional or "refresher" training programs, seminars, regional meetings, and related activities pertinent to running the franchised business. Attendance at an annual convention ("Reunion") and various other training seminars may also be required.

Territory Protection

The franchisor does not guarantee exclusive territories for franchisees. Franchisees may encounter competition from other franchisees, franchisor-owned outlets, or other distribution channels and competitive brands managed by the franchisor. While franchisees are granted certain rights within a designated geographic area, these rights are not absolute, as the franchisor reserves specific rights within the territory.

Typically, a franchise territory will have a minimum population range, with the maximum population generally capped at 1,000,000. However, larger populations may be permitted under exceptional circumstances at the discretion of the franchisor.

Additionally, the franchisor retains the right to sell or distribute products and services through alternative channels, such as the internet, mail order, catalogs, and phone, both within and outside the franchisee's designated territory.

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