How much does a Budget Blinds franchise cost?
- Initial Franchise Fee: $19,950
- Total Investment: $125,580 to $192,900
- Working Capital: $12,000 to $25,000
Full Answer
What does absentee ownership mean?
What is the franchise fee?
What is budget blinds?
How long is a franchise agreement?
What is included in the initial investment?
What is exclusive territory?
What is a military discount?
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About this website
How much can you make from a blinds business?
Our profit margins range from 40 to 60% from gross sales. (Average gross sales 25 – 50,000.00 or more per month.) NO monthly fees or royalty. Low overhead conducting business from your home.
How do I start a blind business?
How to start a Blinds BusinessSTEP 1: Research the Market. Before you start your business, take the opportunity to stake out the competition. ... STEP 2: Get Materials. Research blind manufacturers and purchase wholesale blinds online. ... STEP 3: Create a Digital Presence. ... STEP 4: Market Your Business. ... STEP 5: Set Up Appointments.
Does Budget Blinds offer military discount?
Military Discount Budget Blinds of Lexington, Salisbury, Thomasville & High Point South is proud to honor discounts for our United States service men and women! Give us a call today for a free consultation and discount details!
How long do blinds take budget blinds?
Typically most window treatments are received by us 2 ½ – 3 weeks after you place your order. All window treatments are custom made. If, for some unexpected reason, your order is going to be delayed (product outage, item backordered, etc.), we will contact you to keep you up to speed on the status of your order.
How do I remove a signature from series blinds?
0:061:06Pleated Cellular Blind Removal - YouTubeYouTubeStart of suggested clipEnd of suggested clipHere what we do is we press back towards the glass towards the window and twist out from the backMoreHere what we do is we press back towards the glass towards the window and twist out from the back and the bottom will release.
Background
Would you enjoy having a home based business? Budget Blinds could be a good fit for you. You can operate as a one-person operation or add employees as you grow. There is no inventory and no storefront needed. You meet with your customers and operate your business on the road from your Budget Blinds van.
Company Details
Established: 1992 First Unit Franchise: 1318 Company Owned Units: 0 States Registered In: All States Canada Franchises: Yes International Franchises: Yes
Support and Training Offered By Budget Blinds
Financial Assistance Provided: Yes; In-house financing $56,000 at 9% over 5 years Site Selection Assistance: No Lease Negotiation Assistance: No Recruiting Assistance: No Co-Operative Advertising: Yes Training: 2-week Start up Training covers everything you need to know to start strong ‐ administration, office set-up, technology, marketing your business locally, product knowledge and installation.
What are the components of a budget blinds franchise?
Two components make up the investment and start-up costs of a Budget Blinds franchise: the initial franchise fee, and minimum working capital.
Do veterans get discounts on budget blinds?
Qualified veterans can receive a 15% discount off the purchase price of a Budget Blinds franchise. We are proud of those who serve our nation. So far, we’ve awarded over $1 Million in discounts to veterans who have joined our system. We’re committed to helping you own your financial future. A veteran’s teambuilding skills and attention to detail is a great fit for a Budget Blinds franchisee.
Can you finance a blinds franchise with a 401(k)?
Consider funding your franchise with your 401 (k). Budget Blinds can offer you attractive ways to finance your franchise using your 401 (k). What makes this option especially appealing is that there are no penalties, no taxes, and no loans to pay off.
Is Budget Blinds a franchise?
At Budget Blinds, our low-overhead, home-based business model makes it easier and quick er for you to begin your journey to becoming a successful local business owner . As a custom window coverings franchise owner, you’ll be entering the growing home improvement franchise industry, back ed by the #1 provider of custom window coverings in North America.
How many franchise territories does Budget Blinds have?
Open a window into your future with the #1 provider of custom window coverings franchise in North America. Budget Blinds, established in 1992, has over 1,300 franchise territories that serve 10,000 cities. We offer exclusive design-driven window solutions that consumers can shop at home for, and provide our customers with free in-home consultations, virtual consultations, window measurements, and installation services. Every week, our Budget Blinds franchisees install 50,000 blinds, shades, shutters, draperies, and smart home solutions across the U.S. and Canada. Learn more about Budget Blinds and our parent company, Home Franchise Concepts, from our CEO.
Is Budget Blinds a franchise?
As the #1 provider of customer window coverings in North America, Budget Blinds is a widely recognized brand and proven franchise business model for over 25+ years. The advantages that make us one of the top home-based franchises include an award-winning business model, a large network of successful franchisees, our large base of Alliance vendors, and a dedicated team at Budget Blinds Home Office to provide you the support and tools for success. We’ve been honored to receive a number of pr estigious accolades by franchise networks and by the home improvement industry, including most recently ranking the #1 in Home Improvement Franchise on Entrepreneur’s Franchise 500® list!
Is Extreme Makeover on HGTV?
We're proud to have partnered with Extreme Makeover: Home Edition on HGTV.
What does absentee ownership mean?
Definition: Absentee ownership means that the franchisee does not actively work in the franchise business or manage day-to-day operations.
What is the franchise fee?
What you need to know: Found in Item 5 of the FDD, this may be a flat fee, or may vary based on territory size, experience, or other factors.The franchise fee is an up-front (one-time) cost that a new franchisee pays to the franchisor. This fee is usually due at the signing of the franchise agreement and covers the right to use the franchisor's trademarks, name, and related business systems.
What is budget blinds?
Budget Blinds is a member of a family of brands under the umbrella of Home Franchise Concepts (HFC), which also includes Tailored Living, Concrete Craft, AdvantaClean, Kitchen Tune-Up, and Bath Tune-Up. Launched in 1992, Budget Blinds allows customers to shop at home for window coverings and offers customers free in-home consultations, virtual consultations, measurement and installation services. The company sells a wide selection of custom blinds, shades, draperies, and shutters from major brands and private labels, as well as smart home automation solutions. HFC is owned by JM Family Enterprises Inc.
How long is a franchise agreement?
What you need to know: Franchise terms are typically anywhere from 5 to 20 years in length, but are sometimes instead dependent on factors such as the term of your lease. Once your term is up, you may have the option to renew your agreement, typically for a smaller fee than the original franchise fee.
What is included in the initial investment?
What you need to know: The initial investment includes the franchise fee, along with other startup expenses such as real estate, equipment, supplies, business licenses, and working capital. This is outlined in a chart in Item 7 of the FDD, showing a range of possible costs from low to high.
What is exclusive territory?
Definition: An exclusive territory is a fixed area in which you are given the right to operate and in which no other units of the same franchise may be opened.
What is a military discount?
Definition: A discount or other incentive offered to military veterans who buy a franchise with this company.
Own a Budget Blinds Franchise - Questions & Answers
Largest window covering franchise in North America with over 1,300 franchise territories, serving 10,000 cities
What is it?
Largest window covering franchise in North America with over 1,300 franchise territories, serving 10,000 cities
How long is blind repair training?
You will receive a 2 week training where you will get detailed instructions on blind repair, sales, and installation.
Can you scale your business to any level?
You're free to scale your business to any level you'd like. You can stay small or grow an empire—you call the shots. The average schedule of a Bloomin' Blinds franchise owner allows plenty of time for spending time with family and friends, participating in hobbies, and generally enjoying life. As a Bloomin' Blinds franchise owner, you'll have the personal freedom to live life the way you want.
Can you add videos to your watch history?
Videos you watch may be added to the TV's watch history and influence TV recommendations. To avoid this, cancel and sign in to YouTube on your computer.
How do franchisees get financing?
The first is having a family member or friend join in the franchise as a partner, sharing the financial and operational load of the business—and also the profits that come. The second is a family member or friend offers a loan, which the franchisee pays back.
What is FDD in franchising?
The FDD is an invaluable resource to have as you put together your budget for franchise investment. You can request an FDD, which must conform to Federal Trade Commission (FTC) guidelines, from a franchisor at any time but you must receive one to review at least two weeks before signing any contracts with a franchisor.
How much does it cost to franchise a single unit?
Seid, founder and managing director of Michael H. Seid & Associates, the initial investment for a single unit franchise typically falls in the $100,000 to $300,000 range.
What is franchise fee?
The franchise fee is basically a cover charge for entry into a franchise system. Think of it as the fee you pay the franchisor for doing the legwork developing the brand, and saving you from many (not all) of the pitfalls that come with starting a business from the ground up.
Why do you need to prepare documents before meeting with a franchise lender?
Before meeting with potential lenders, it will be to your benefit to prepare your documents in advance. Not only will it help expedite the process, it will help you show the lender you can be trusted with the responsibilities of a franchise business. Lenders strive to take on as little risk as possible.
How long does it take Glenn to finance his franchise?
The process of financing his franchise with his retirement funds took Glenn around four-to-six weeks. Glenn advises others seeking franchise funding “to make sure you do the due diligence. Research the business model thoroughly. If you can afford to overfund, especially with a 401 (k), do so.
What is an executive summary?
An executive summary: An overview of the business plan and the goals you have for the business. Many have found it best to write this summary last, even though it’s presented first.
What does absentee ownership mean?
Definition: Absentee ownership means that the franchisee does not actively work in the franchise business or manage day-to-day operations.
What is the franchise fee?
What you need to know: Found in Item 5 of the FDD, this may be a flat fee, or may vary based on territory size, experience, or other factors.The franchise fee is an up-front (one-time) cost that a new franchisee pays to the franchisor. This fee is usually due at the signing of the franchise agreement and covers the right to use the franchisor's trademarks, name, and related business systems.
What is budget blinds?
Budget Blinds is a member of a family of brands under the umbrella of Home Franchise Concepts (HFC), which also includes Tailored Living, Concrete Craft, AdvantaClean, Kitchen Tune-Up, and Bath Tune-Up. Launched in 1992, Budget Blinds allows customers to shop at home for window coverings and offers customers free in-home consultations, virtual consultations, measurement and installation services. The company sells a wide selection of custom blinds, shades, draperies, and shutters from major brands and private labels, as well as smart home automation solutions. HFC is owned by JM Family Enterprises Inc.
How long is a franchise agreement?
What you need to know: Franchise terms are typically anywhere from 5 to 20 years in length, but are sometimes instead dependent on factors such as the term of your lease. Once your term is up, you may have the option to renew your agreement, typically for a smaller fee than the original franchise fee.
What is included in the initial investment?
What you need to know: The initial investment includes the franchise fee, along with other startup expenses such as real estate, equipment, supplies, business licenses, and working capital. This is outlined in a chart in Item 7 of the FDD, showing a range of possible costs from low to high.
What is exclusive territory?
Definition: An exclusive territory is a fixed area in which you are given the right to operate and in which no other units of the same franchise may be opened.
What is a military discount?
Definition: A discount or other incentive offered to military veterans who buy a franchise with this company.
