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Budget Blinds

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

IFA Member

CFA Member

Operating Units:
Franchised Units:	811	99.9%
Company-Owned Units:	1	0.1%
	______	_____
Total Operating Units:	812	100%

Geographic Distribution:
U.S.:	729	89.7%	In 49 States
Canada:	84	10.3%	In 7 Canadian Provinces
International:	0	0%	In 0 Foreign Countries
	______	_____
Total:	813	100%

North America:
States/Provinces with the largest number of operating units:
Density	Units
1. California	93
2. Florida	43
3. Texas	40

Registered in Following Registration States:

California, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, Rhode Island, South Dakota, Virginia, Washington, Wisconsin

Financial Requirements

Investment:
Minimum Net Worth:	$75K
Cash Investment:	$50-125K
Total Investment:	$89.3-173.1K
Average Total Investment:	$90K

Fees:
Initial Franchise Fee:	$74.9
Average Franchise Fee:	$75K
On-Going Royalty:	$300-$1,500
Average Royalty:	0%
Advertising Fee:	$750

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?

Support and Training

International Franchise Association:	Yes
Canadian Franchise Association:	Yes
Franchisee Association/Member:	No
Size of Corporate Staff:	64
Site Selection Assistance?	Not Applicable
Lease Negotiation Assistance?	Not Applicable
Financial Assistance?	Yes, Indirect

Marketing Support:
Co-Op Advertising:	Yes
National Advertising:	Yes
Regional Advertising:	Yes
Local Advertising:	Yes
Marketing Materials:	Direct Mailers
Additional Services:	None Specified
Other Marketing Support:	Social media, SEO

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:	At Additional Cost
800 Telephone Hotline:	Included in Fees

Training:
1. Orange, CA	10 Days

Franchisee Qualifications

Ranked from 1 (unimportant) to 5 (important):

Financial Net Worth:	2
General Business Experience:	4
Specific Industry Experience:	1
Formal Education:	2
Psychological Profile:	3
Personal Interview(s):	5

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

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

Franchisor Background

Year Established:

Franchising Since:

IFA Member

CFA Member

Operating Units:

Geographic Distribution:

North America: