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WELCOME
Budget Blinds Franchise Update
January 16th, 2012Hosted by Budget Blinds V.P. of Franchise Licensing
Jonathan Thiessen
Budget Blinds Celebrates 20 Years!
• Founded in 1992 by 5 young entrepreneurs with $5,000, a Jeep, and a ping pong table for an office.
• Today we are the largest retailer of custom window treatments in North America.
• Privately Held and Ranked #2by D&B for Financial Strengthamongst Franchisors
2012 Corporate Update
811 Territories
75 Franchise Sales in last 12 months
$250,000,000 in Total Window Treatment Sales
Most Million Dollar Club Winners in History
CEO Chad Hallock to be featured on Undercover Boss on April 13th!
Why Budget Blinds?
•Low Initial Investment -Work from home office
•No inventory -Quick Ramp Up
•Award winning training and support -Strong Earnings Claim
•Flexibility of Schedule -Scalability of the Model
•Exclusive Territories -National Lead Generation
•In-house financing available -Cash business w/o receivables
•National Vendor Alliance -High closing percentages
•New BB Commercial Services Division -New “Inspired Draperies” program
National Advertising Fund Summary
2012 Marketing Budget $8 Million
2011 Leads Generated 300,000+
Internet Dominance
National Magazine
Target Audience
Women 35+ with HHI $75K+
Reach and Frequency
78.15% Reach and 6.9x Frequency
National Television
Target Audience
Women 35-54
Reach and Frequency
32.6% Reach and 5.7x Frequencyhttp://www.youtube.com/watch?v=i5y8yq0cogw
What Background Makes a Good Franchisee?
Engineers
Lawyers
Middle Managers
Pilots
TeachersDoctors
Stay-at-Home moms
Empty Nesters
C Level Execs
Ex Pro Athletes
Characteristics of Our Successful Franchisees
Positive Attitude
People skills Passion
Driven
Goal-oriente
d
HardWorkin
gMutual Respect
The Numbers…
Franchise & Territory Fee: $74,950
Additional Working Capital: $10,000
In-House Financing Available: ($35,000)
Minimum Investment: $49,950
Minimum Net Worth: $100,000
Royalty: Graduated scale from $300-1500/month
NAF: $750/month
Earnings Claim: Gross Sales of $351K per territory
Average Gross Profit Margin: 53%
Closing Percentage: 74-79%
Consultants 2012 Pay Plan and Process
1st Single Territory Deal = $24K
2nd Single Territory Deal = $26K
3rd Single Territory Deal = $28K*Single territory placements
• Leads are sent to [email protected]• They are immediately entered into our Discovery Portal• They receive a call within 24 hours to schedule
appointment with Advisor who will then take them through the process.
Territory Availability
• 800+ Territories available• Urban, surburban, and rural markets with validation
to support!• www.budgetblinds.com/maps
Meet Your Advisors
JT Nancy NadiaAaron Troy
Budget Blinds Headquarters 800-420-5374Send Leads to [email protected]
