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Beadniks
Beadniks is more than a business opportunity,it's a lifestyle. Explore a world of exotic beads in this activity-based retail concept. Beadniks offers an exotic world theme store where customers create custom jewelry with beads from the far corners of the globe. Join the Beadniks family and become part of the number one bead store in the country and the fastest growing beading and craft concept in franchising. We offer exceptional training and support, national buying power and proven marketing programs.
Franchisor Background
Year Established:
1990
Franchising Since:
2006
Operating Units:
Franchised Units:
8
100%
Company-Owned Units:
0
0%
______
_____
Total Operating Units:
8
100%
Geographic Distribution:
U.S.:
8
100%
In 7 States
Canada:
0
0%
In 0 Canadian Provinces
International:
0
0%
In 0 Foreign Countries
______
_____
Total:
8
100%
North America:
States/Provinces with the largest number of operating units:
Density
Units
1. California
1
2. Florida
1
3. Illinois
1
Registered in Following Registration States:
California, Florida, Hawaii, Illinois, Maryland, Michigan, Minnesota, New York, Rhode Island, Virginia, Wisconsin
Financial Requirements
Investment:
Minimum Net Worth:
$100K
Cash Investment:
$50-75K
Total Investment:
$333-434K
Average Total Investment:
$375K
Fees:
Initial Franchise Fee:
$40K
Average Franchise Fee:
$40K
On-Going Royalty:
6%
Average Royalty:
6%
Advertising Fee:
.6%
Average Number of Employees:
2 Full-time, 4 Part-time
Space Needs (in square footage):
1,500-2,000
Preferred Sites:
Free-standing Building, Storefront, Strip Center, Regional Mall
Other Sites:
Lifestyle Center
Encourage Conversions?
Yes
Earnings Claims Provided?
No
Listed in the SBA Registry?
No
Support and Training
International Franchise Association:
No
Canadian Franchise Association:
No
Franchisee Association/Member:
No
Size of Corporate Staff:
4
Site Selection Assistance?
Yes
Lease Negotiation Assistance?
Yes
Financial Assistance?
Yes, Indirect
Marketing Support:
Co-Op Advertising:
No
National Advertising:
Yes
Regional Advertising:
Yes
Local Advertising:
Yes
Marketing Materials:
Ad Slicks, Brochures, Direct Mailers, Emails, Promotional Items, Radio Ads, Site Signs, Television Ads, Videos
