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Budget Blinds Inc.

Window coverings

Background

Founded: 1992   Franchising since: 1994
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.

1927 N. Glassell St.
Orange, CA 92865



Franchisor is a privately-held company with 86 employee(s); 7 employee(s) in franchise department.

Franchise Growth
YearU.S. FranchisesCanadian FranchisesForeign FranchisesCompany Owned
2008954 81 0 1
20071,047 32 3 1
20061,062 25 3 3
2005915 0 3 3

Where Seeking Franchisees
Nationwide
Outside the U.S.:
Exclusive territories available.
Territory size: Approximately 30,000 households


Costs and Fees

Total investment: $82.4K-173K
Franchise fee: $14.95K
Ongoing royalty fee: Varies
Term of agreement: 10 years, renewable

Type of Financing Available
In-House Third Party
Franchise Fee Yes No
Startup Costs No No
Equipment No No
Inventory No No
Accounts Receivable No No
Payroll No No
Qualifications
Cash liquidity requirement: $54.7K-86.1K
Business Experience:
  • Industry experience
  • Marketing skills

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)


Training and Support

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

Rankings

Franchise 500® rank:
#63 (2009); #60 (2008); #29 (2007); #50 (2006); #50 (2005);

Ranked #1 in category in:
2009; 2008; 2007; 2006; 2005;

Fastest-Growing Franchises:
#15 (2007); #25 (2006); #13 (2005);

Top home based franchises:
#13 (2009); #12 (2008); #6 (2007); #11 (2006); #11 (2005);

America's Top Global Franchises:
#54 (2009); #74 (2008); #28 (2007); #48 (2006); #50 (2005);

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