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Made in the Shade Blinds & More Franchise ProfileRetail Franchises > Specialty Retail |
What Are the Initial Investment Requirements for a Made in the Shade Blinds & More Franchise?
To start a Made in the Shade Blinds & More franchise, you will need an initial investment ranging from $74,500 to $101,200. This includes a franchise fee of $64,000. It's essential to have cash available between $64,000 and $71,000 and a net worth of at least $100,000. Understanding these financial commitments will help you assess if this franchise aligns with your financial capabilities.
What Are the Ongoing Fees Associated with a Made in the Shade Blinds & More Franchise?
As a franchisee, you will be responsible for ongoing fees, which include a royalty fee of 5% of your gross sales and a marketing fee of 1%. These fees contribute to the overall support and brand recognition that Made in the Shade Blinds & More provides, helping you reach potential customers effectively. It's important to factor these costs into your financial planning to ensure profitability.
What Is the Average Revenue Potential for a Made in the Shade Blinds & More Franchise?
Franchisees can expect an average annual revenue of approximately $855,525 per unit. The revenue range varies, with the lowest reported at $503,250 and the highest at $1,174,250. This potential revenue can provide a solid return on your investment, especially when considering the breakeven and payback period of just 12 months.
How Fast Can You Expect to See Returns from a Made in the Shade Blinds & More Franchise?
With a breakeven time of 12 months, franchisees can expect to recover their initial investment relatively quickly. This swift return is appealing for aspiring entrepreneurs looking for a franchise opportunity with a proven business model. The trend of increasing franchised units from 84 in 2021 to 105 in 2023 indicates growing brand strength and market demand, further enhancing your potential for success.
Made in the Shade Blinds & More 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.
The minimum total assets (minus liabilities) you must possess.
Net Worth Required:
The estimated period to recoup your total investment.
Investment Payback:
The initial fee paid to join the franchise system.
Franchise Fee:
Ongoing percentage of revenue paid to the franchisor.
Royalty Fee:
Regular contribution toward the franchise’s advertising fund.
Marketing Fee:
The estimated timeframe to recover your initial costs.
Breakeven Time:
The total amount required to launch the franchise.
Initial Investment:
The minimum liquid capital you must have on hand.
Cash Required:
The typical yearly revenue generated per franchise location.
Average Revenue:
The middle value of yearly revenue among franchise locations.
Median Revenue:
The largest reported annual revenue among franchisees.
Highest Revenue:
The smallest reported annual revenue among franchisees.
Lowest Revenue:
A broad sector defining similar types of franchise businesses.
Industry:
A more specific division within the broader industry.
Category:
The key individuals guiding the franchise’s strategy and growth.
Leadership:
The official business address of the franchisor’s headquarters.
Corporate Address:
Available financing options to help start the franchise.
Funding Year:
The main organization that owns the franchise brand.
Parent Company:
Made in the Shade Blinds & More Franchise Unit Growth Summary
A breakdown of corporate, franchised, and total units, with yearly net changes.
Total Units
Franchised Units
Corporate Units
| Units | 2021 | 2022 | 2023 |
|---|---|---|---|
| Total Units | 84 | 94 | 105 |
| Net Change YoY | 10 | 11 | |
| Franchised Units | 84 | 94 | 105 |
| Net Change YoY | 10 | 11 | |
| Corporate Units | 0 | 0 | 0 |
| Net Change YoY | 0 | 0 |
Investment Overview
The Made in the Shade Blinds & More franchise offers a low initial investment range of $74,500 to $101,200, making it accessible for aspiring entrepreneurs. The initial franchise fee is $64,000, with additional costs including a 5% royalty fee and a 1% marketing fee. Prospective franchisees should have cash reserves of $64,000 to $71,000 and a net worth between $100,000 and $1,000,000 to qualify for ownership.
Revenue Potential
Franchisees can expect significant revenue potential, with average annual revenue per unit reported at $855,525. The financial performance ranges from a lowest annual revenue of $503,250 to a highest of $1,174,250, indicating robust demand for the services offered by Made in the Shade Blinds & More. This revenue potential allows franchisees to achieve a breakeven point within just 12 months.
Franchise Growth
The Made in the Shade Blinds & More franchise has demonstrated consistent growth, increasing from 84 franchised units in 2021 to 105 in 2023. This growth trend reflects the brand's expanding market presence and its appeal to both new and existing franchisees. Such expansion offers a promising environment for potential investors looking to join a thriving franchise network.
Operational Expenses
Franchisees should be aware of their operational expenses, which are primarily composed of marketing and advertising, accounting, insurance, and other administrative costs. Recommended marketing expenses are 3% of gross sales, while insurance costs range from $1,000 to $4,000 annually. Understanding these expenses is crucial for effective financial management and maximizing profitability.
Training and Support
Made in the Shade Blinds & More provides comprehensive training and support to franchisees, ensuring they are well-prepared to operate their business successfully. Initial training expenses range from $500 to $1,000, covering essential skills and knowledge needed to thrive in the window treatment industry. Ongoing support from the franchisor helps franchisees navigate operational challenges and optimize their business strategies.
Brand Recognition
The Made in the Shade Blinds & More franchise is recognized for its commitment to quality and customer satisfaction in the window treatment market. With a focus on providing customized solutions and exceptional service, the brand has built a loyal customer base. This strong reputation enhances franchisees' ability to attract clients and drive sales, positioning them for long-term success in a competitive industry.
Frequently Asked Questions
The initial investment for a Made in the Shade Blinds & More franchise ranges from $74,500 to $101,200, which includes a franchise fee of $64,000.