Budget Blinds Inc.

#177

At a Glance

Products & Services: Window coverings, window film, rugs & accessories

Number of Locations: 760

Total Investment: $89.24K - 174.07K

Founded: 1992

Began Franchising: 1994

About Budget Blinds Inc.

Founded in 1992 by five young entrepreneurs, Budget Blinds allows customers to shop at home for window coverings. Tony Forbes, Brent Hallock, Chad Hallock, Todd Jackson and David Lewis had been working for a California-based window-covering retailer when changes in ownership forced them to leave the company. Using the experience they had gained, the co-workers started their own business and began franchising two years later.

Budget Blinds offers customers free in-home consultations, taking measurements and selling a variety of name brand window coverings. The company also handles installations.

Franchise Units

Year	U.S.	Canadian	International	Company Owned
2012	738	22	0	0
2011	710	84	0	0
2010	714	81	0	0
2009	797	87	0	1

Where Seeking Franchisees: Franchisor is seeking new franchise units throughout the U.S. and Canada.

Startup Costs, Ongoing Fees and Financing

Total Investment: $89,240 - $174,070
Franchise Fee: $14,950
Ongoing Royalty Fee: Varies
Term of Franchise Agreement: 10 years, renewable

Financial Requirements

Liquid Cash Available: $54,730 - $86,120

Operations

Franchise can be run from home. 42% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 1 - 3. Absentee ownership of franchise is NOT allowed. (97% of current franchisees are owner/operators).