• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
Menu
  • Home
  • About
    • About Franchise Chatter
    • Contact
    • Privacy Policy
    • Terms of Service
    • Affiliate Disclosures
  • Subscribers Hub
    • Login
    • New to Franchise Chatter? Start Here
    • America’s Most Lucrative Franchises
    • Franchises Ranked by Average Revenues
    • Franchises Ranked by Average Profits
    • Franchise Winners, Survivors and Losers Last Year
    • FDD Talk
    • Search by Name
  • Top Franchises
  • Franchise Earnings
  • Costs
  • Fees
  • Quiz
  • Search

FDD Talk: DreamMaker Bath & Kitchen Franchise Review (Financial Performance Analysis, Costs, Fees, and More)

Last updated on May 2, 2022 by Franchise Chatter Leave a Comment
in FDD Talk: Home-Related Franchises, FDD Talk: Service Franchises, Franchise Earnings, Home Improvement Franchise



Learn Which Franchises Can Make You Rich
For the most up-to-date financial information, check out our latest FDD Talk post analyzing DreamMaker Bath & Kitchen’s average revenues, expenses, and/or profits.

In this FDD Talk post, you’ll learn the following:

  • Section I – Background information on the DreamMaker Bath & Kitchen franchise opportunity, including relevant news updates
  • Section II – Estimated initial investment for a DreamMaker Bath & Kitchen franchise, based on Item 7 of the company’s 2020 FDD
  • Section III – Initial franchise fee, royalty fee, marketing fee, and other fees for a DreamMaker Bath & Kitchen franchise, based on Items 5 and 6 of the company’s 2020 FDD
  • Section IV – Number of franchised and company-owned DreamMaker Bath & Kitchen outlets at the start of the year and the end of the year for 2017, 2018, and 2019, based on Item 20 of the company’s 2020 FDD
  • Section V – Presentation and analysis of DreamMaker Bath & Kitchen’s financial performance representations, based on Item 19 of the company’s 2020 FDD, including information on the:
  • 2011-2019 average, median, highest, and lowest gross sales for the DreamMaker Bath & Kitchen franchisees that had been in operation for the full applicable calendar year
  • 2019 average, median, highest, and lowest gross retail sales (by quartile and overall) for the 30 DreamMaker Bath & Kitchen franchisees that had been in operation for the full 2019 calendar year
  • 2019 average, median, highest, and lowest gross profit margin (by quartile and overall) for the 26 DreamMaker Bath & Kitchen franchisees that had been in operation for the full 2019 calendar year and responded to the franchisor’s request for financial information (excluding the highest and lowest outlier)
  • 2019 average, median, highest, and lowest contract value (by quartile and overall) for the 26 DreamMaker Bath & Kitchen franchisees that had been in operation for the full 2019 calendar year and responded to the franchisor’s request for information

Section I – Background Information

17 Things You Need to Know About the DreamMaker Bath & Kitchen Franchise

Becomes a Brand Partner of CGI Franchise

1.  In mid-February 2020, DreamMaker Bath & Kitchen announced that it had become a Brand Partner of CGI Franchise. Art Coley, CEO of CGI Franchise, said, “DreamMaker Bath & Kitchen has a very innovative approach to their service and that’s exactly what makes them stand out from the rest. We’re excited to have them on board and can’t wait to get the ball rolling to see where this year takes them.”


🎯Find Good Franchises That Are Still AVAILABLE in Your Target Area (Free Tool)



🚀How to Find, Vet & FUND a Good Franchise. Watch Our Webinar Live or the Recording Later (Register Now – It's Free)



💰How Much Franchise Can You AFFORD? Use Our Free Financial Calculator


2.  The Recruitment Operating System, powered by CGI Franchise, is the result of years evaluating the franchise development process. CGI Franchise offers a solution and roadmap to rediscovering the passion for a franchise brand. As a CGI Franchise Brand Partner, DreamMaker will be trained and coached to use ROS and all its benefits.

3.  CGI Franchise specializes in growing and strengthening franchises by coming alongside and providing a sustainable, proven franchise development system. Offering a combined 50 years of franchise recruitment experience, CGI Franchise sets the solution and the road map to rediscovering the passion for a franchise brand.

4.  Doug Dwyer, president and chief stewarding officer of DreamMaker, said, “DreamMaker is committed to growing our brand presence. We believe CGI Franchise is the right partner to help us grow. In a short period of time, Art and his team have already provided DreamMaker with useful information that we have been able to integrate into our franchise recruiting efforts.”

Ranked 6th Largest National Remodeler in U.S. by Qualified Remodeler for Second Year in a Row

5.  In mid-September 2020, DreamMaker Bath & Kitchen was named the 6th largest national home improvement company in the country by Qualified Remodeler magazine in its Top 500 list for 2020. The Qualified Remodeler Top 500 has been the gold standard for the home remodeling industry for 40 years.

America's Most Lucrative Franchises of the Year

6.  “We are honored to receive this distinction,” said Doug Dwyer, president of DreamMaker. “2020 has been a challenging year for everyone. I am so proud of our franchisees and the corporate team for striving through adversity to help homeowners adjust to the new normal in their homes. This is truly an award our entire franchise network should feel proud of.”

7.  No stranger to awards, the franchise has won a number of them as one of the top franchise opportunities as measured by franchisee satisfaction. DreamMaker has received 17 GuildMaster Awards and several Remodeling Big50 Awards, and was recognized as a Franchise Business Review 2020 Top Franchise by both franchisee satisfaction and franchise innovation.

8.  Dwyer added, “Whether they’re experienced remodelers converting an existing business or changing careers after corporate life, our franchisees love the emphasis we place on helping them earn better margins on their work than a typical remodeling contractor. With our large franchise network, the DreamMaker team and their fellow franchisees comprise a family built on shared values and a mutual commitment to growth and service.”

9.  DreamMaker is one of the nation’s most successful home remodeling franchises, with earnings consistently outpacing national averages. All franchise owners and their employees adhere to the company’s “Code of Values,” which emphasizes honesty and integrity while creating an excellent customer experience. “This means that we conduct our business completely above-board,” said Dwyer. “For us it’s not about seeing how quickly we can get someone to sign a contract and finish a job, we set expectations and live up to them. Our ongoing success is based on putting people first.”

Franchisee Receives Honorable Ethics Award


🎯Find Good Franchises That Are Still AVAILABLE in Your Target Area (Free Tool)



🚀How to Find, Vet & FUND a Good Franchise. Watch Our Webinar Live or the Recording Later (Register Now – It's Free)



💰How Much Franchise Can You AFFORD? Use Our Free Financial Calculator


10.  At the end of September 2020, the locally-owned DreamMaker Bath & Kitchen in Kern County, California was recognized by the Better Business Bureau (BBB) with the honorable BBB Torch Ethics Award for Marketplace Excellence. The award is evaluated and voted on by a panel of independent judges from the business and academic communities. The BBB said, “It’s more than just recognition for those that deserve it. It is a way to raise the bar of ethics and trust-building in the marketplace.”

11.  “When we received the news that we were chosen for the BBB Torch Award for Ethics we were ecstatic, but at the same time humbled by the call to the level of professionalism that it demands. Everett and I have been blessed by those who brought us to this point in our career namely our three sons, our loyal and talented team which includes our in-house associates as well as our trade partners, and our wonderful clients that have put their trust in our company for the past 17 years,” said franchise co-owner Patty Gray.

12.  DreamMaker Bath & Kitchen has become a well-recognized name in the remodeling industry. Additionally, the team has been recognized as the Best Home Improvement Contractor by the Best of Bakersfield Readers’ Choice Poll for 6 years and Favorite for 2 years. They have also been recognized for the Big50 national award by Remodeling Magazine for exemplary business practices (given to only 50 contractors a year across the nation).

13.  The DreamMaker team has a combined 140 plus years of experience. Everett Gray started his career in 1973 with the Carpenter’s Local Union in Norfolk, Virginia, and earned his Journeyman Carpentry Certificate in 1977. He earned his California State Contractor’s License in 1983 and later incorporated their business in 1987, holding his present license #548785. Everett is well versed in all aspects of residential construction from foundations to roofing as a result of both his formal training and field experience.

14.  Everett Gray added, “Our entire team is committed to finding the right solution from the many options available for each family. From simple cost effective projects to luxury at its finest, there is no ‘one size fits all’ when it comes to creating environments that match our clients’ individual lifestyle needs.”

Company History

15.  DreamMaker Bath & Kitchen was founded in 1975 and traces its history to when GNU Corporation developed a system to put a beautiful, new hard-surface topcoat on porcelain bathtubs and sinks. After a decade of growth, the company started franchising under the name Worldwide Refinishing Systems, Inc. Under the ownership of the Dwyer Group (now called Neighborly), Worldwide Refinishing continued to grow around the United States. In 1999, the company changed its name to DreamMaker Bath & Kitchen to reflect the brand’s mission to offer full-service bath, kitchen, and full-interior remodeling services.

16.  In 2003, Doug Dwyer, who is DreamMaker’s president and chief stewardship officer, purchased DreamMaker from his family. After the acquisition, Doug Dwyer expanded DreamMaker’s services, moving beyond resurfacing and refinishing to become a full-service interior remodeling company focused on improving lives. Since then, DreamMaker Bath & Kitchen has grown slowly but steadily around the U.S.

Entrepreneur’s Franchise 500

17.  DreamMaker Bath & Kitchen did not rank on Entrepreneur’s 2021 Franchise 500 list.

Section II – Estimated Costs

  • Please click here for detailed estimates of DreamMaker Bath & Kitchen franchise costs, based on Item 7 of the company’s 2020 FDD.

Section III – Initial Franchise Fee, Royalty Fee, Marketing Fee, and Other Fees

  • Please click here for detailed information on DreamMaker Bath & Kitchen’s initial franchise fee, royalty fee, marketing fee, and other fees, based on Items 5 and 6 of the company’s 2020 FDD.

Section IV – Number of Franchised and Company-Owned Outlets

Franchised

2017

  • Outlets at the Start of the Year:  36
  • Outlets at the End of the Year:  38
  • Net Change:  +2

2018

  • Outlets at the Start of the Year:  38
  • Outlets at the End of the Year:  34
  • Net Change:  -4

2019

  • Outlets at the Start of the Year:  34
  • Outlets at the End of the Year:  34
  • Net Change:  0

Company-Owned

2017

  • Outlets at the Start of the Year:  0
  • Outlets at the End of the Year:  0
  • Net Change:  0

2018

  • Outlets at the Start of the Year:  0
  • Outlets at the End of the Year:  0
  • Net Change:  0

2019

  • Outlets at the Start of the Year:  0
  • Outlets at the End of the Year:  0
  • Net Change:  0

Section V – Financial Performance Representations (Item 19, 2020 FDD) and Analysis

Part 1 – Average Gross Sales Achieved by DreamMaker Franchisees in Calendar Years 2011-2019

  • The following table reflects average Gross Sales achieved by DreamMaker franchisees in calendar years 2011, 2012, 2013, 2014, 2015, 2016, 2017, 2018, and 2019.
  • In calculating these averages, DreamMaker included Gross Sales information only for the franchisees that had been in operation for the full calendar year, and excluded information about franchisees that began operating after January 1st or ceased operating before December 31st of the respective year.
  • For purposes of this Item 19, “Gross Sales” is defined as cash received during the given time period. There are no deductions other than any refunds or credits given to a client.

2011



To Access the Rest of This Article and Other Premium, Income-Enhancing Content, Subscribe Now or Log In.

Gain the Insider Information (and Actual Earnings Data) You Need to Make a Safe and Smart Franchise Investment. Click Here to Learn More.



Gain the Insider Information (and Actual Earnings Data) You Need to Make a Safe and Smart Franchise Investment - See more at: https://www.franchisechatter.com/register/#sthash.le7wKJKM.dpuf

🎯Find Good Franchises That Are Still AVAILABLE in Your Target Area (Free Tool)



🚀How to Find, Vet & FUND a Good Franchise. Watch Our Webinar Live or the Recording Later (Register Now – It's Free)



💰How Much Franchise Can You AFFORD? Use Our Free Financial Calculator



Franchises Ranked by Average Revenues and Profits



Franchise Winners and Losers Last Year

Tagged as: DreamMaker Bath & Kitchen

Reader Interactions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Previous post: How Much Is a DreamMaker Bath & Kitchen Franchise? (Detailed Franchise Costs)

Next post: FDD Talk: The Exercise Coach Franchise Review (Financial Performance Analysis, Costs, Fees, and More)

Primary Sidebar

⚠️Buying a Franchise on Your Own Can Be Overwhelming

✅ Get the guidance and support you need every step of the way – from funding to franchisor introduction, due diligence, franchisee validation, discovery day, territory selection, and signing – from an experienced franchise broker at no cost to you.

✅ Fill out this form and a specialist from the Franchise Brokers Association will reach out to you.

🚀How to Find, Vet and FUND a Good Franchise (Webinar)

✅ Is Franchising a Path for You? – Jun. 2 (Fri.), 11 a.m. EST

✅ Essential Services – Great for Good Times and Bad – Jun. 6 (Tues.), 4 p.m. EST

✅ Register Now to Get Free Access to Recordings of Both Webinars

Register Now

⭐️Franchise Chatter is reader-supported. We may receive a commission for leads generated from our site.

As seen in:  New York Times, Bloomberg Businessweek, and CNBC

Login

Remember Me
Register | Lost your Password?
Reminder: Your username and password are case-sensitive.

Need help? Email franchisechatterblog@gmail.com

👍”Your website and you have been instrumental in finding this franchise opportunity and I am overwhelmingly grateful.” (David F., subscriber)

🏆 Best Franchises by Industry

Best Franchises by Industry (All Lists)

Best Gym and Fitness Franchises

Best Pizza Franchises

Best Sandwich Franchises

Best Childcare Franchises

Best Ice Cream Franchises

Best Coffee Franchises

Best Hamburger Franchises

Best Salon and Beauty Franchises

Best Chicken Franchises

Best Smoothie and Juice Franchises

Best Maid Service Franchises

Best Mexican Restaurant Franchises

Best Massage Service Franchises

Best Tutoring Franchises

Best Auto Repair Franchises

Best Auto Oil Change Franchises

Best Asian Restaurant Franchises

Best Pet Franchises

Best Commercial Cleaning Franchises

Best Sports Bar Franchises

Best Baked Goods Franchises

Best Moving/Junk Removal Franchises

Best Mailbox Franchises

Best Apparel Retail Franchises

Best Senior Care Franchises

Best Restoration Franchises

Best Tech Franchises

Best Travel Agency Franchises

Best Trampoline Park Franchises

Best Tools Distribution Franchises

Best Property Management Franchises

Best Real Estate Franchises

Best Automotive Wheels and Tires Franchises

Best Weight Loss Franchises

Best Flooring Franchises

Best Eye Care Franchises

Best Physical Therapy Franchises

Best Acai Bowl Franchises

Best Poké Bowl Franchises

Best Donut Franchises

Best Kitchen and Bath Remodeling Franchises

Best Window Coverings Franchises

Best Plumbing Franchises

Best Home Inspection Franchises

Best Garage Franchises

Best Barbershop Franchises

Best Laundromat Franchises

Best Storage Unit Franchises

Best Car Wash Service Franchises

🚀 Daily FDD Talk Posts

Wings Over Franchise

GymGuyz Franchise

Deka Lash Franchise

Scenthound Franchise

Ziebart Franchise

Dunn Brothers Coffee Franchise

Grease Monkey Franchise

TruBlue Total House Care Franchise

House Doctors Franchise

Rubbish Works Franchise

Mr. Rooter Franchise

Planet Smoothie Franchise

Soccer Stars Franchise

Express Employment Professionals Franchise

beem Light Sauna Franchise

The Lash Lounge Franchise

ARCpoint Labs Franchise

Hawaii Fluid Art Franchise

Snapology Franchise

Spherion Staffing Franchise

Aussie Pet Mobile Franchise

Perspire Sauna Studio Franchise

Code Ninjas Franchise

Merry Maids Franchise

Mighty Dog Roofing Franchise

Mister Sparky Franchise

City Wide Franchise

Maid Right Franchise

Benjamin Franklin Plumbing Franchise

America’s Swimming Pool Company Franchise

Gatsby Glass Franchise

ISI Elite Training Franchise

Blue Moon Estate Sales Franchise

Asurion Tech Repair & Solutions Franchise

Window Hero Franchise

Building Kidz School Franchise

Mint Condition Franchise

Caribou Coffee Franchise

Closets by Design Franchise

Fundraising University Franchise

Mr. Appliance Franchise

Strickland Brothers 10 Minute Oil Change Franchise

Showhomes Franchise

Grand Welcome Franchise

Nutty Scientists Franchise

1-800 Water Damage Franchise

Precision Door Service Franchise

TeamLogic IT Franchise

Lifetime Green Coatings Franchise

Alloy Franchise

Franchise Chatter © 2023