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BUDGET BLINDS trains individuals to own and operate a home-based business that sells and installs window coverings, via a well-equipped mobile showroom. What makes our franchise unique is that we actually teach people how to run a business, versus teaching people how to do a job. By business we mean hiring, monitoring and maintaining employees, working from cash flow, profit loss and balance statements, We teach what business owners need to know, not what job operators want to know.
Franchisor Background
Year Established: 1992
Franchising Since: 1994
Operating Units: |
| Franchised Units: | 1,112 | | 99.9% | | |
| Company-Owned Units: | 1 | | 0.1% | | |
| | ______ | | _____ | | |
| Total Operating Units: | 1,113 | | 100% | | |
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Geographic Distribution: |
| U.S.: | 1,113 | | 100% | | In 36 States |
| Canada: | 0 | | 0% | | In 0 Canadian Provinces |
| International: | 0 | | 0% | | In 0 Foreign Countries |
| | ______ | | _____ | | |
| Total: | 1,113 | | 100% | | |
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North America: |
| States/Provinces with the largest number of operating units: |
| Density | Units | | | | |
| 1. Arizona | 14 | | 2. California | 60 | | 3. Georgia | 15 |
Registered in Following Registration States: California, Florida, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, Oregon, Rhode Island, South Dakota, Virginia, Washington, Wisconsin, District Of Columbia
Financial Requirements
Investment: |
| Minimum Net Worth: | $30K |
| Cash Investment: | $50K |
| Total Investment: | $30-45K |
| Average Total Investment: | $38K |
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Fees: |
| Initial Franchise Fee: | $25K |
| Average Franchise Fee: | $25K |
| On-Going Royalty: | 4-5% |
| Average Royalty: | 4% |
| Advertising Fee: | $150 |
Average Number of Employees: 1-5 Full-time, 0 Part-time
Space Needs (in square footage): N/A
Preferred Sites: Home-based
Other Sites:
Encourage Conversions? Yes
Earnings Claims Provided? Yes
Listed in the SBA Registry? No
Support and Training
| International Franchise Association: | Yes |
| Canadian Franchise Association: | No |
| Franchisee Association/Member: | No |
| Size of Corporate Staff: | 25 |
| Site Selection Assistance? | Not Applicable |
| Lease Negotiation Assistance? | Not Applicable |
| Financial Assistance? | Yes, Indirect |
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Marketing Support: |
| Co-Op Advertising: | No |
| National Advertising: | No |
| Regional Advertising: | No |
| Local Advertising: | No |
| Marketing Materials: | None Specified |
| Additional Services: | None Specified |
| Other Marketing Support: | None Specified |
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On-Going Support: |
| Central Data Processing: | Included in Fees |
| Central Purchasing: | Included in Fees |
| Field Operation Evaluation: | Included in Fees |
| Field Training: | Included in Fees |
| Initial Store Opening: | Not Applicable |
| Inventory Control: | Not Applicable |
| Franchisee Newsletter: | Included in Fees |
| Regional or National Meetings: | Included in Fees |
| 800 Telephone Hotline: | Not Applicable |
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Training: |
| 1. Orange, CA | 10 Days |
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Franchisee Qualifications
| Ranked from 1 (unimportant) to 5 (important): |
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| Financial Net Worth: | 2 |
| General Business Experience: | 4 |
| Specific Industry Experience: | 1 |
| Formal Education: | 2 |
| Psychological Profile: | 3 |
| Personal Interview(s): | 5 |
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Minority Representation
Units Owned by Minorities: |
| African-American: | 1.6% |
| Asian-American: | 2% |
| Hispanic: | 3% |
| Native American: | 1.2% |
| Other: | 3.41% |
| Specific Minority: | N/A |
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Terms of Contract
| Term of Initial Contract: | 5 Year(s) |
| Term of Renewal Period: | 5 Year(s) |
| Passive Ownership: | Allowed, But Discouraged |
| Area Development Agreements? | No |
| Sub-Franchising Contracts? | No |
| Franchisees Allowed to Expand Within Territory? | Yes |
Expansion Plans
Projected New Units Over Next 12 months: 350
| U.S.: | Yes, All United States |
| Canada: | Yes, All Canada |
| Overseas: | No |
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