Franchise FAQ

how much to buy franchises 3 day blinds

by Raphael Wiegand Published 2 years ago Updated 1 year ago
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Individual Unit Costs

  • Initial Investment: $53,495-$117,425
  • Initial Franchise Fee: $40,000
  • Royalty Fee: 3%-6%
  • Advertising Fee: 2%

Full Answer

What is budget blinds?

What is the franchise fee?

How long is a franchise agreement?

What is the purpose of royalty fee?

Do franchisors have in-house financing?

About this website

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Is 3 Day Blinds a reputable company?

The 3 Day Blinds team is dedicated to providing its customers with high-quality products and great customer service. While feedback on third-party review sites is mixed, it holds an A+ rating with the Better Business Bureau.

Why are they called 3 Day Blinds?

The name 3 Day Blinds comes from their expedient service; they manufacture most custom window treatments in just 3 business days. Their company slogan is: “We Design, We Measure, We Install, You Relax.”

How long do temporary blinds last?

Question: How long will a set of temporary paper blinds (the kind you first put up in a new home before you install the permanent window coverings) last? Answer: At least six years. I'll let you know when they fall down or disintegrate, but they appear to be going strong.

Is 3 Day Blinds the same as Next Day blinds?

3 Day Blinds, the largest direct to consumer producer of window treatments in the U.S., with over 40 years of experience in the window coverings business, has partnered with Next Day Blinds in the past and now has hired many former Next Day Blinds Sales Staff, Design Consultants, Installation Experts and Administrative ...

Why are they called day and night blinds?

These blinds are unique because they have two layers of fabric; one layer is transparent and the other is a block colour. The whole point of these differing fabrics is to allow for easy day and night usage. The transparent layer is regarded as the 'day blind' and the block colour the 'night blind'.

Who started 3 Day Blinds?

David Hall "Dave"

What is the point of day and night blinds?

Day and night blinds are layered shades that enable you to let more light in or block it out. They operate similarly to roller blinds, but instead of one panel of fabric, day and night blinds have alternating sheer and opaque panels.

Why do they call it window treatments?

A “treatment” is usually something decorative like a valance, shade or pair of drapes to add a decorative element to a window. A window covering refers to something that covers the window, like a shade or blind for privacy and light control.

Company Details

Established: 1992 First Unit Franchised: 1994 Franchised Units: 975 Company Owned Units: 0 States Registered In: All US States and Canada

Support and Training Offered By Budget Blinds

Financial Assistance Provided: Yes Site Selection Assistance: No Lease Negotiation Assistance: No Recruiting Assistance: No Co-Operative Advertising: No Training: 11 days in California going over every aspect of the business. Corporate pays for hotel and airfare.

Franchises Similar to Budget Blinds

The International Franchise Professionals Group (IFPG) is an internationally recognized membership-based franchise organization. IFPG Franchise Consultants guide aspiring business owners through the process of identifying and investing in franchise businesses. The IFPG represents more than 550 franchises.

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 is a budget blinds franchise?

Budget Blinds’ parent company is Home Franchise Concepts, LLC. Budget Blinds franchisees operate a mobile business for the sale and installation of window coverings , such as shutters, mini blinds, wood blinds, vertical blinds, draperies, pleated shades, cellular shades, roman shades, roller shades and solar shades. Franchisees use a van equipped with signs the franchisor specifies to make sales calls and perform installation work.

What are the obligations of a franchisee?

Obligations and Restrictions: The franchisor prefers franchisees who plan to participate actively in the direct operation and daily affairs of the franchised business. If franchisees do not operate the franchised business themselves, they must employ at least one manager on a full time basis. The manager must complete the initial training program, devote his or her entire time during normal business hours to the management, operation, and development of the franchised business, maintain confidentiality of the franchisor’s trade secrets and conform to covenants not to compete. Franchisees may offer and sell in the franchised business only goods and services that the franchisor has authorized franchisees to sell. Franchisees do not have to sell all the products and services that the franchisor authorizes, but it is suggested that franchisees do so.

How long is HFC training?

Training Overview: Training consists of a combination of up to 14 days in-person academy training at the HFC Experience Center in Coppell, Texas as well as pre- and post-academy training that is conducted virtually. With the first franchise franchisees buy, training for up to two people is provided without charge. Franchisees or their manager must complete the initial training program to the franchisor’s satisfaction before they begin operating the franchised business. Upon reasonable notice and at no charge to franchisees, the franchisor may require franchisees or designated personnel to attend additional training courses, seminars, conferences or other programs that the franchisor considers to be relevant or appropriate to the successful operation of the system.

How many people are required to be trained before starting a franchise?

With the first franchise franchisees buy, training for up to two people is provided without charge. Franchisees or their manager must complete the initial training program to the franchisor’s satisfaction before they begin operating the franchised business.

Does a franchisor receive direct or indirect payments?

The franchisor doesn’t receive any direct or indirect payments or other consideration from any person for the placement of financing.

Can a franchisee sell all the products and services that the franchisor authorizes?

Franchisees may offer and sell in the franchised business only goods and services that the franchisor has authorized franchisees to sell. Franchisees do not have to sell all the products and services that the franchisor authorizes, but it is suggested that franchisees do so.

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

Expert Design Consultants

With a professional and friendly customer care team to support them, our design consultants will design a solution to match your style and needs for any room in your home.

Unrivaled Selection

Motorization & Home Automation, Room Darkening, or Child Safety - No matter your unique need we've got a window treatment for you. Choose from 1000s of options and configurations.

We Install

We're with you every step of the way. Don't stress the setup - our professional installation team can do it for you.

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 Extreme Makeover on HGTV?

We're proud to have partnered with Extreme Makeover: Home Edition on HGTV.

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!

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.

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.

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.

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.

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.

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.

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 the purpose of royalty fee?

What you need to know: This may also be called advertising fee, marketing fee, brand fund fee, and more, but the basic purpose is the same-- to support promotion of the brand systemwide. As with the royalty fee, it is detailed in Item 6 of the FDD, and can be a percentage of weekly or monthly gross sales or a weekly, monthly, or annual fee.

Do franchisors have in-house financing?

Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.

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.

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.

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 the purpose of royalty fee?

What you need to know: This may also be called advertising fee, marketing fee, brand fund fee, and more, but the basic purpose is the same-- to support promotion of the brand systemwide. As with the royalty fee, it is detailed in Item 6 of the FDD, and can be a percentage of weekly or monthly gross sales or a weekly, monthly, or annual fee.

Do franchisors have in-house financing?

Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.

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