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Description
Investment Icon

What Are the Initial Investment Requirements for a Bloomin' Blinds Franchise?

To become a Bloomin' Blinds franchisee, you'll need to prepare for a range of initial investment costs. The total investment can vary significantly, with a low end of approximately $105,700 and a high end reaching up to $697,100. This investment includes a franchise fee of $49,500, which grants you the rights to operate under the Bloomin' Blinds brand. Additionally, you'll need to have cash reserves between $105,700 and $182,100, along with a net worth requirement of $250,000 to $1,000,000. Understanding these financial commitments is crucial for aspiring franchisees.

Fees Icon

What Are the Potential Earnings from a Bloomin' Blinds Franchise?

Bloomin' Blinds franchises have demonstrated promising revenue potential. The average annual revenue per unit stands at $642,644, with a median revenue of $511,048. It's important to note that revenues can vary widely, with the lowest reported annual revenue being $150,140 and the highest reaching an impressive $1,951,547.98. This financial performance highlights the opportunity for franchisees to achieve significant earnings, particularly if they effectively manage their operations and capitalize on local market demand.

Revenue Icon

What Are the Ongoing Fees Associated with a Bloomin' Blinds Franchise?

As a Bloomin' Blinds franchisee, you'll be responsible for ongoing fees that contribute to both brand support and marketing efforts. The royalty fee for each new unit is set at 5.5%, while a marketing fee of 2% is also required. These fees are essential for maintaining brand standards and ensuring effective marketing campaigns, helping franchisees remain competitive in their respective markets. It's vital to factor these ongoing costs into your financial planning to maintain profitability.

Breakeven Icon

How Quickly Can You Expect to Break Even with a Bloomin' Blinds Franchise?

Franchisees can anticipate a breakeven timeframe of approximately 12 months, which is relatively quick compared to many other franchise opportunities. This rapid return on investment is supported by a payback period of around 24 months. Such metrics suggest that with effective management and a solid business plan, franchisees can recover their initial investments and start generating profits within a reasonable timeframe, making Bloomin' Blinds an attractive option for aspiring entrepreneurs.

Bloomin' Blinds Franchise Financial Requirements

Below, you’ll find an overview of the initial investment needed to launch the business, along with the ongoing fees required by the franchisor to maintain operations over time.

Net Worth Required icon The minimum total assets (minus liabilities) you must possess.

i Net Worth Required:

$250,000 - $1,000,000
Investment Payback icon The estimated period to recoup your total investment.

i Investment Payback:

24 Months
Franchise Fee icon The initial fee paid to join the franchise system.

i Franchise Fee:

$49,500
Royalty Fee icon Ongoing percentage of revenue paid to the franchisor.

i Royalty Fee:

5.5%
Marketing Fee icon Regular contribution toward the franchise’s advertising fund.

i Marketing Fee:

2%
Breakeven Time icon The estimated timeframe to recover your initial costs.

i Breakeven Time:

12 Months
Initial Investment icon The total amount required to launch the franchise.

i Initial Investment:

$105,700 - $697,100
Cash Required icon The minimum liquid capital you must have on hand.

i Cash Required:

$105,700 - $182,100
Average Revenue icon The typical yearly revenue generated per franchise location.

i Average Revenue:

$642,644
Median Revenue icon The middle value of yearly revenue among franchise locations.

i Median Revenue:

$511,048
Highest Revenue icon The largest reported annual revenue among franchisees.

i Highest Revenue:

$1,951,547.98
Lowest Revenue icon The smallest reported annual revenue among franchisees.

i Lowest Revenue:

$150,140
Industry icon A broad sector defining similar types of franchise businesses.

i Industry:

Home Based Franchises
Category icon A more specific division within the broader industry.

i Category:

Home Repair Services
Leadership icon The key individuals guiding the franchise’s strategy and growth.

i Leadership:

Kelsey Stuart
Corporate Address icon The official business address of the franchisor’s headquarters.

i Corporate Address:

985 TX-121 BusinessSuite 617 Lewisville, TX 75057
Funding Year icon Available financing options to help start the franchise.

i Funding Year:

2014
Parent Company icon The main organization that owns the franchise brand.

i Parent Company:

Bloomin Blinds Franchise Corp.

Bloomin' Blinds Franchise Unit Growth Summary

A breakdown of corporate, franchised, and total units, with yearly net changes.

The overall number of operating franchise locations.

Total Units i

97
The number of locations owned by independent franchisees.

Franchised Units i

88
The number of locations owned and run by the franchisor.

Corporate Units i

9
Units 2020 2021 2022
Total Units 52 61 61
Net Change YoY 9 0
Franchised Units 52 61 61
Net Change YoY 9 0
Corporate Units 0 9 9
Net Change YoY 9 0
Investment About

Investment Overview

The Bloomin' Blinds franchise offers a range of initial investment options, with costs ranging from $105,700 to $697,100. The initial franchise fee is set at $49,500, with ongoing royalty fees of 5.5% and a marketing fee of 2%. Prospective franchisees should prepare for a cash requirement between $105,700 and $182,100, alongside a net worth requirement of $250,000 to $1,000,000 to qualify for ownership.

Potential About

Revenue Potential

Franchisees can expect strong revenue potential, with average annual revenue per unit reported at $642,644. The median annual revenue stands at $511,048, while the revenue range varies significantly, from a low of $150,140 to a high of nearly $1.95 million. This potential for diverse earnings makes Bloomin' Blinds an attractive option for aspiring entrepreneurs.

Metrics About

Breakeven and Payback

The Bloomin' Blinds franchise demonstrates a favorable financial outlook with a breakeven time of just 12 months. Franchisees can anticipate recovering their initial investment within approximately 24 months, making it a relatively low-risk opportunity in the franchise space.

Fees About

Franchise Growth

The Bloomin' Blinds franchise has shown consistent growth in unit count, expanding from 52 franchised units in 2020 to 61 units in both 2021 and 2022. Additionally, the franchise has started to establish corporate units, with 9 corporate locations operational since 2021, indicating a commitment to brand development and support.

Breakeven About

Operational Expenses

Franchisees should be aware of the average operating expenses, which total around $146,251 annually. Key expenses include local marketing at $31,996, royalties at $32,779, and payroll at $28,338. Understanding these costs is crucial for effective financial planning and management within the franchise.

Units About

Corporate Structure

Bloomin' Blinds operates under a well-defined corporate structure, focusing on providing franchisees with robust support and resources. The company's leadership is dedicated to fostering growth and ensuring that franchisees have access to the tools necessary for success in the competitive window treatment market.

Frequently Asked Questions

The initial investment for a Bloomin' Blinds franchise ranges from $105,700 to $697,100, which includes the franchise fee and other startup costs.