WACO, Texas (November 12, 2012) â€“ On the one-year anniversary of the launch of Operation Enduring Opportunity, home-service franchisor The Dwyer Group is proud to recognize the accomplishments of more than 4,300 U.S. military veterans who have opened a franchise since November 11, 2011, including 33 who have been selected as owners for one of The Dwyer Groupâ€™s seven service brands.
Last Veterans Day, The Dwyer Group joined First Lady Michelle Obama in Washington D.C. to launch Operation Enduring Opportunity, a strategic initiative of the International Franchise Association (IFA) to hire or recruit as franchise owners 75,000 military veterans and spouses and 5,000 wounded warriors by 2014. In a progress report released on November 8, 2012, the IFA reported that 64,880 veterans have found employment in franchising since the 2011 launch, including 4,314 as owners.
Thirty-three military veterans, ranging in location from Anchorage, Alaska, to Hartford, Conn., chose to open a franchise in the past year under a franchise concept owned by one of The Dwyer Group companies. Three wounded warriors, a Bronze-Star medalist, and two husband-wife veteran teams are among this high-achieving group.
â€œThese veterans vary by rank, military branch, and background, but they all share the same entrepreneurial drive to provide a good life for their families, create jobs, and to treat customers with respect and integrity,â€ commented Dina Dwyer Owens, CEO and Chairwoman of The Dwyer Group.
In addition to awarding franchises to veterans at a 25% discount off the minimal initial franchise fee, The Dwyer Group actively encourages franchises of its subsidiaries companies to hire veterans. A recent internal survey found that 28% of the 1,600 independently owned franchisees operating a brand owned by The Dwyer Group companies had hired a military veteran since November 11, 2011.
The late Don Dwyer Sr., founder of The Dwyer Group, initiated the VetFran program out of a desire to thank returning Gulf War veterans by offering them the best financial incentive towards owning a franchise. Today, The Dwyer Group has awarded more than $1.4 million to veterans, and the program has grown to include 530 franchise systems.
â€œDon Dwyerâ€™s dream was to give veterans a chance to pursue the American dream through business ownership after serving their country,â€ remarked Dwyer-Owens. â€œThese new veteran franchise owners carry on his legacy today and serve as role models for the veterans of tomorrow.â€
To view the full IFA progress report, visit http://www.vetfran.com/wp-content/uploads/2012/11/VetFranStudy.pdf. To learn more about franchise opportunities through The Dwyer Group companies, please visit www.leadingtheserviceindustry.com/vetfran.
ABOUT THE DWYER GROUP, INC.:
The Dwyer Group, Inc., based in Waco, Texas, is a holding company of seven franchise businesses, each selling and supporting a different franchise under the following service marks: Aire ServÂ®, Glass DoctorÂ®, The Grounds GuysÂ®, Mr. ApplianceÂ®, Mr. ElectricÂ®, Mr. RooterÂ® (Drain Doctor in the UK and Portugal), and Rainbow InternationalÂ®. Collectively, these independent franchise concepts offer customers world-wide a broad base of residential and commercial services. In addition, The Dwyer Group operates glass shops in New England under the Portland Glass brand name. The Dwyer Group is a portfolio company of TZP Group LLC, a private equity firm based in New York that focuses on control investments in business and consumer services companies with enterprise values generally up to $200 million. More information on The Dwyer Group, or its franchise concepts, is available at www.dwyergroup.com.
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