As fate would have it, Bloomin’ Blinds became a fully incorporated franchise just two hours before the first plane struck the Twin Towers. Although the home service franchise started during a dark time in American history, Bloomin’ Blinds has demonstrated time and again its commitment to quality service and extraordinary craftsmanship.
Bloomin’ Blinds: A Family History
Karen McGuffin first dreamt of the Bloomin’ Blinds franchise during her time working in the Dallas metro area. The longtime entrepreneur had already spent years in the window covering industry before finally deciding it was time to establish Bloomin’ Blinds.
Since its inception in 2001, Bloomin’ Blinds has offered top tier blind repair and installation services nationwide. The home services franchise has survived an economic downturn in 2001 as well as the Great Recession of 2008. As Karen McGuffin herself puts it, “we can say with confidence that Bloomin’ Blinds is recession proof.” The once small-time window coverings business is now in 44 locations across the nation.
At a glance, the window covering industry has been extremely healthy and in-demand for both new home-owners and those looking to spruce up their windows. The global window covering market size was valued at an estimated $27.6 B in 2018. The industry has grown 4.2% per year over the last decade and is not expected to slow down anytime soon.
Researchers credit the increased demand in window coverings to an increase in disposable income that has prompted many consumers to frequently change their drapes and blinds. Furthermore, new consumers will begin to flood the market as more Americans buy homes. According to one estimate, the number of U.S. households will increase by 12.2 million by the year 2028. This increase in homeowners will only fuel the window covering industry.
Why Do Entrepreneurs Continue To Buy Bloomin’ Blinds Franchises?
1. Team Oriented
Bloomin’ Blinds is family oriented from top to bottom. Bloomin’ Blinds offers a full range of support from real estate procurement, technician training, marketing, and much more. The staff at Bloomin’ Blinds corporate office is always there to answer any questions that franchisees may have.
2. A Proven Business Model
Bloomin’s Blinds hasn’t found success for the past 20 years just by pure luck. The Bloomin’ Blinds franchise model is a proven success story that customers nationwide have rely on. Their methods are effective and easy to understand and franchisees gain access to a supportive team.
3. Franchisees Benefit From a Wealth of Experience
The founders of Bloomin’ Blinds have been in the window covering business for decades. These consummate professionals know the ins and outs of this very lucrative industry. Franchisees who are new to the industry benefit from Bloomin’ Blinds’ full range of training programs, resources, and numerous informational tools that all franchisees come to rely on.
4. Access to Ongoing Support
Bloomin’ Blinds franchisees gain access to 24/7 support from an experienced team that is routing for your success. Whether you have a question on blinds, protocol, or anything about the business, Bloomin’ Blinds is there to help.
5. Built-In Brand Recognition
The best thing about purchasing a franchise is buying into an established brand. Bloomin’ Blinds has constructed a solid reputation nationwide for the last 20 years. Franchisees do not need to spend years building their own brand as the hard work has already been done. At Bloomin’ Blinds, franchisees find that customer loyalty and brand recognition are very par for the course.
Initial Franchise Fee: $25,000 – $40,000
Upon signing the franchise agreement, franchisees must pay an initial franchise fee of $25,000 – $40,000. The initial franchise fee is non-refundable. Upon every additional Bloomin’ Blinds franchises you buy, the price of the initial franchise fee drops by $10,000. Qualified franchise veterans are awarded an initial franchise fee discount if they meet certain criteria.
Monthly Royalty Fee: 6% of Gross Sales
Franchisees are required to pay a monthly royalty fee of 6% of gross sales except in the case of plantation shutters. A 3% royalty fee is required for the sale of plantation shutters. Franchisees are required to pay a maximum of $6,000 per month and a minimum of $500 per month.
Estimated Initial Investment Costs: $38,485 – $117,425
|Name of Fee||Low||High|
|Initial Franchise Fee||$25,000||$40,000|
|Furniture, Fixtures, and Equipment||$0||$500|
|First Aid Equipment||$150||$1,000|
|Licenses and Permits||$200||$500|
|Supplies and Furniture||$510||$9,000|
|Legal and Accounting Expenses||$400||$1,500|
|Additional Funds (3 months)||$10,000||$20,000|
Average Revenue Per Location: $49,923 – $1,181,525
According to the 2020 FDD for Bloomin’ Blinds, average revenue fluctuated between $49,932 and $1,181,525 for the previous year. Bloomin’ Blinds notes that prospective franchisees should conduct their own independent investigation to determine the profitability of Bloomin’ Blinds.
It’s important to note that these are only statistics based on the revenue history of Bloomin’ Blinds franchisees and are not in any way a guarantee of what franchisees can expect to generate in revenue with the company.
Become Part of the Bloomin’ Blinds Franchise Family
With proven brand-recognition and in a family oriented franchise that values experienced support, the Bloomin’ Blinds franchise is an exciting option for entrepreneurs. Due to a growing demand in window treatments across the nation, demand for window covering services will only grow in the new decade. Check out Bloomin’ Blinds and decide whether this franchise is the perfect fit for you!