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Budget Blinds Inc.

2014 Franchise 500
#55
At a Glance

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

Number of Locations: 934

Total Investment: $89.2K - $187.1K

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
2014 833 101 0 0
2013 803 101 0 0
2012 738 22 0 0
2011 710 84 0 0
2010 714 81 0 0
Where Seeking Franchisees: Franchisor is seeking new franchise units throughout the U.S. and Canada.
Direct Capital

Startup Costs, Ongoing Fees and Financing

Total Investment: $89,240 - $187,070
Franchise Fee: $14,950
Ongoing Royalty Fee: Varies
Term of Franchise Agreement: 10 years, renewable
Veteran Incentives: Franchise fee waived
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).
Direct Capital
Financing Type In-House Third Party
Franchise Fee
Startup Costs
Equipment
Inventory
Accounts Receivable
Payroll

How This Franchise Supports Franchisees

Training: Available at headquarters: 2 weeks. Ongoing training and support
Ongoing Support: Newsletter, Meetings, Toll-free phone line, Internet, Field operations/evaluations
Marketing Support: Co-op advertising, National media, Regional advertising,
Other marketing support: Online, lead generation

Franchise Ranking History

Franchise 500®: #55 (2014), #177 (2013), #69 (2012), #143 (2011), #77 (2010),
Fastest-Growing: #47 (2014),
Top Home-Based: #8 (2014), #37 (2013), #17 (2012), #40 (2011), #21 (2010),
America's Top Global: #68 (2014), #156 (2013), #62 (2012), #116 (2011), #64 (2010),

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