WELCOME Budget Blinds Franchise Update January 16th, 2012 Hosted by Budget Blinds V.P. of Franchise Licensing Jonathan Thiessen.

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Presentation transcript:

WELCOME Budget Blinds Franchise Update January 16th, 2012 Hosted 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 #2 by D&B for Financial Strength amongst 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 13 th !

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 Generated300,000+

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 Reach and Frequency 32.6% Reach and 5.7x Frequency ?v=i5y8yq0cogw

What Background Makes a Good Franchisee? Engineers Lawyers Middle Managers PilotsTeachersDoctors Stay-at- Home moms Empty Nesters C Level Execs Ex Pro Athletes

Characteristics of Our Successful Franchisees Positive Attitude People skills Willing to follow a proven system PassionDriven Goal- oriented Hard Working $60K+ liquid capital Mutual 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 $ /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 1 st Single Territory Deal = $24K 2 nd Single Territory Deal = $26K 3 rd Single Territory Deal = $28K *Single territory placements Leads are sent to 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!

Meet Your Advisors JTNancyNadiaAaron Troy Budget Blinds Headquarters Send Leads to