welcome budget blinds franchise update january 16th, 2012 hosted by budget blinds v.p. of franchise...
TRANSCRIPT
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WELCOME
Budget Blinds Franchise Update
January 16th, 2012Hosted by Budget Blinds V.P. of Franchise Licensing
Jonathan Thiessen
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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
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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!
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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
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National Advertising Fund Summary
2012 Marketing Budget $8 Million
2011 Leads Generated 300,000+
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Internet Dominance
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National Magazine
Target Audience
Women 35+ with HHI $75K+
Reach and Frequency
78.15% Reach and 6.9x Frequency
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National Television
Target Audience
Women 35-54
Reach and Frequency
32.6% Reach and 5.7x Frequencyhttp://www.youtube.com/watch?v=i5y8yq0cogw
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What Background Makes a Good Franchisee?
Engineers
Lawyers
Middle Managers
Pilots
TeachersDoctors
Stay-at-Home moms
Empty Nesters
C Level Execs
Ex Pro Athletes
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Characteristics of Our Successful Franchisees
Positive Attitude
People skills Passion
Driven
Goal-oriente
d
HardWorkin
gMutual Respect
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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%
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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.
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Territory Availability
• 800+ Territories available• Urban, surburban, and rural markets with validation
to support!• www.budgetblinds.com/maps
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Meet Your Advisors
JT Nancy NadiaAaron Troy
Budget Blinds Headquarters 800-420-5374Send Leads to [email protected]