DreamMaker Bath & Kitchen by Worldwide

Franchise Information

Analyzed filing: MN · File #2024249273
Filed: May 16, 2022
FDD Issued: Apr 20, 2022
Extracted: Aug 2, 2026
Analyzed
Franchisor Details
Name: Worldwide Refinishing Systems, Inc.
Address: 510 N. Valley Mills Dr. Suite 304, Waco, Texas 76710
Phone: 254/523-9575 or 800/583-9099
Franchising Since: 1996
Industry & Qualifications
Industry
Home Services
Veteran Discount
20.0%
Franchise Fee
$40,000 - $54,000
Royalty
7.0%
Ad Fund: 2.0%
Total Investment
$210K - $397K
Initial Term
10 years
Renewable
Outlet Information
Total Outlets (2021)
43
Franchised
43
Opened (Last Year)
+9
Closed (Last Year)
-0
Churn Breakdown (Last Year)
Terminations
0
Non-Renewals
0
Ceased Ops
0
Transfers
1
Reacquired
0
Exclusive Territory
Yes
Franchisee is granted a specified geographical territory based on population. Mi...
Item 19 (Financial Performance)
Disclosed
Gross Sales is defined as cash received during the given time period with no ded...
Financial Performance (Item 19)
Avg Unit Volume (through Dec 2021)
$1,451,724
Median
$893,146
Top 25% Avg
$3,156,187
Bottom 25% Avg
$361,195
Highest
$6,296,384
Lowest
$110,821
% Achieving Avg
35.3%
Sample Size
34 units
Unit Economics
Gross Margin
42.9%
Avg Ticket
$44,015.00
Legal History
Litigation: None
Bankruptcy: None
Number File name Source State Filing Date Actions
1560642733 MN_23559-202204-02_worldwide-refinishing-systems,-inc..pdf
Alternate source copy · newest filing
MN May 16, 2022 Restricted
2024249273 MN_23559-202204-03_worldwide-refinishing-systems,-inc..pdf
Canonical 2022 analysis
MN May 16, 2022 Restricted
19438 441306_Franchise__DREAMMAKER_BATH___KITCHEN_BY__Virginia_19438.pdf
Alternate source copy
VA Apr 20, 2022
FDD issue date
Restricted
36221 441306_Franchise__DREAMMAKER_BATH___KITCHEN_BY__New York_36221.pdf
Alternate source copy
NY Apr 20, 2022
FDD issue date
Restricted
20346 441306_Franchise__DREAMMAKER_BATH___KITCHEN_BY__California_20346.pdf
Alternate source copy
CA Apr 20, 2022
FDD issue date
Restricted
736710902 MN_11468-202004-01_worldwide-refinishing-systems,-inc..pdf
Alternate source copy
MN Jun 4, 2020 Restricted
2118215613 MN_11468-202004-07_worldwide-refinishing-systems,-inc..pdf
Canonical 2020 analysis
MN Jun 4, 2020 Restricted
1551015333 MN_11468-202004-10_worldwide-refinishing-systems,-inc..pdf
Alternate source copy
MN Jun 4, 2020 Restricted
Showing 1–8 of 8 files.
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