The Franchise Guy - Budget Blinds | Small Business Franchise Opportunity Consultant

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Budget Blinds
Small Business Franchise Opportunity

Description

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 running a business, we mean hiring, monitoring and maintaining employees, working from cash flow, and teaching how to understand and utilize profit-loss and balance statements. We teach what business owners need to know, not what job operators want to know. We provide an item 19 "Earnings Claim" in our UFOC. We also provide a $10,000 Grand Opening Advertising blitz for each territory purchased. SINGLE & MULTIPLE UNIT SALES AVAILABLE.

Background

Year First Franchised: 1994
Franchised Units: 1050
Company Owned Units: 6
Projected New Units (12 Months): 200
Registered: All States and Canada

Financial Terms

Cash Investment: $60,000
Total Investment: $84,950 Single / $124,950 Multi-Unit
Minimum Net Worth: $100,000
Franchise Fee: $24,950 (Budget Blinds will finance)
Working Capital: $10,000
Territory Fee: $50,000 / $40,000 for 2nd Territory (Franchise will include $10,000 of grand opening advertising for each territory purchased.)
Royalty: Fixed - $300 months 1-6 / $700 months 7-12 / $1,100 months 13-23 / $1,500 months 24 to end of 10 year term.
Advertising Costs: $1,000 Monthly
Average Number of Employees: 0-2
Passive Ownership: Allowed

Support & Training Provided

Financial Assistance Provided: Yes / In-house financing on franchise fee
Site Selection Assistance: N/A - Home Based
Lease Negotiation Assistance: N/A
Co-Operative Advertising: Yes
Training: Two weeks in Southern California headquarters.

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