
Budget Blinds
Window coverings, window film, rugs, accessories- 2022 Franchise 500 Rank
-
#15 Ranked #12 last year
- Initial investment
-
$126K - $193K
- Units as of 2021
-
1,320 14.4% over 3 years
Here’s what you need to know if you’re interested in opening a Budget Blinds franchise.
Bring a shady oasis to your home with Budget Blinds! The company was founded in 1992 and began franchising in 1994. It is operating exclusively in the United States and Canada, boasting over 1,100 franchises across the two countries.
Budget Blinds is a franchise that sells window coverings while offering shop-at-home services for home décor, accessories, and window coverings. As a Budget Blinds franchisee, it is possible that you will receive a chance to work with a top-ranked franchise and benefit from expert and professional support.
Here, dreams can turn into reality, and your passion may not go to waste.
Why You May Want to Start a Budget Blinds Franchise
Budget Blinds offers a window makeover at an upfront price. Consumers may enjoy natural light, but privacy and light control are also important, potentially making Budget Blinds special to homeowners.
You don't have to be a window treatment professional to start a Budget Blinds franchise. You will be taught what works for customers and what does not. It is likely that you'll be able to learn about the products, quality measurements, installation process for the market's different products, and what customers love after becoming a franchisee.
Opening a Budget Blinds franchise might be an interesting option for you when choosing which franchise to open. This franchise has gathered industry accolades, awards, and customer satisfaction.
What Might Make a Budget Blinds a Good Choice?
Budget Blinds franchises have a vast variety of window coverings to choose from. They carry mini blinds, shutters, vertical blinds, wood blinds, pleated shades, draperies, cellular shades, roman shades, roller shades, and solar shades. With this wide variety of inventory, customers may be able to acquire their desired window coverings from an appealing franchise.
To be part of the Budget Blinds team, you should make sure you’re financially ready for an initial investment made up of a franchise fee and other startup costs. Additionally, you should prepare yourself for ongoing fees that will include advertising, royalty, and potential renewal fees. Budget Blinds offers a discount off the initial territory fee for qualified veterans. Franchisees will also need to meet the company's set net worth and liquid capital requirements.
How to Open a Budget Blinds Franchise
To get started with opening a Budget Blinds franchise, make sure it's a good fit for you. The company values franchise owners who are considerate and cooperative. They look for innovative team members who can communicate well. If that description fits you, then opening a Budget Blinds franchise may be an attractive option.
Come prepared to speak to existing franchisees and ask questions directed to the Budget Blinds franchise team during the process. If your net worth and available liquid capital match the brand’s requirements, you may qualify to open a Budget Blinds franchise, and you can get started with an initial investment.
No need to 'shutter' at the thought of a messy blind setup with Budget Blinds. Maybe it's time to open one in your community.
Company Overview
About Budget Blinds
- Industry
- Home Improvement
- Founded
- 1992
- Parent Company
- Home Franchise Concepts
- Leadership
- Doug Phillip, President
Franchising Overview
- Franchising Since
- 1994 (28 years)
- # of employees at HQ
- 240
- Where seeking
-
This company is seeking new franchisees throughout the US.
This company is seeking new franchisees in the following international regions: Canada, Mexico
- # of Units
- 1,320 (as of 2021)
Franchisor Information
Information for Franchisees
Here’s what you need to know if you’re interested in opening a Budget Blinds franchise.
Financial Requirements & Ongoing Fees
Here’s what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
- Initial Franchise Fee
- $19,950
- Initial Investment
- $125,580 - $192,900
- Net Worth Requirement
- $150,000
- Cash Requirement
- $69,580
- Veteran Incentives
- 15% off initial franchise and territory fees
- Royalty Fee
- $300-$2K/mo.
- Ad Royalty Fee
- $1K-$1.5K/mo.
- Term of Agreement
- 10 years
- Is franchise term renewable?
- Yes
Financing Options
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
- In-House Financing
- Budget Blinds offers in-house financing to cover the following: franchise fee
- Third Party Financing
- Budget Blinds has relationships with third-party sources which offer financing to cover the following: startup costs, equipment, inventory, accounts receivable, payroll
Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
- Classroom Training
- 88.5 hours
- Ongoing Support
-
Purchasing Co-opsNewsletterMeetings & ConventionsToll-Free LineGrand OpeningOnline SupportSecurity & Safety ProceduresField OperationsProprietary SoftwareFranchisee Intranet Platform
- Marketing Support
-
Co-op AdvertisingAd TemplatesNational MediaRegional AdvertisingSocial MediaSEOWebsite DevelopmentEmail Marketing
Operations
Additional details about running this franchise.
- Is absentee ownership allowed?
- Yes
- Can this franchise be run from home/mobile unit?
- Yes
- Can this franchise be run part time?
- No
- # of employees required to run
- 1-3
- Are exclusive territories available?
- Yes
Work with our free FranCoach and get what you need to start a Budget Blinds franchise.
Franchise 500 Ranking History
Compare where Budget Blinds landed on this year’s Franchise 500 Ranking versus previous years.
Additional Rankings
Curious to know where Budget Blinds ranked on other franchise lists? Find out below.
Ranked #15 in 2022
Franchise 500 Ranking
Ranked #81 in 2022
Fastest-Growing Franchises
Ranked #35 in 2022
Top Global Franchises
Ranked #2 in 2021
Top Franchises for Veterans
Ranked #65 in 2022
Fastest-Growing Franchises (U.S. & Canada)
Ranked #2 in 2022
Top Franchises for Less Than $150,000
Ranked #1 in Window Coverings in 2021
Best of the Best
Ranked #1 in 2022
#1 in Window Coverings Category
Ranked #1 in 2022
Homebased Ranking
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