Bloomin' Blinds franchise fees for 2023:
Liquidity: $125,000 (These are funds they can access before
applying for the SBA loan so it can include 401k, IRA, cash, an
open HELOC, an open life insurance line of credit, etc)
Net worth: Owner Operator- $250,000. Semi-Absentee- $500,000
Franchise Fee: $49,500 (1 territory), $89,500 (2 territories),
$119,500 (3 territories)
Why such a high liquidity requirement?
Franchise Fee = $49,500
Startup Package= $25,000 (Most people pay this in cash to get going
quickly then repay themselves once SBA loan funds)
Typical Post closing liquidity required by SBA loans = $50,000
Total= $49,500+$25,000+$50,000= $124,500
Total Investment for 1 Territory, owner operator: $87,100 -
$164,500 (All in cost with more than enough working
capital if vehicle is financed = $150,000)
Semi-Passive Total Investment: Must start with 3 territories and
2 vans. All in $350,000
Royalty: 5.5%
Ad: 2%
Item 19: Yes
Average Number of Employees: 0-3 to start depending on ownership
model
Semi-Absentee Ownership: Yes
Home-Based: Yes, and mobile
B2C & B2B: Yes
Master Franchise Opportunities: No
Veteran Discount: Yes, 10% off first territory franchise fee
Yes. Bloomin' Blinds is a semi absentee franchise and allows passive ownership. A semi-absentee franchise is a business you could start and run while still maintaining a job or other obligation.
Yes. Bloomin' Blinds is a home based franchise opportunity.
Click here to find out how much Bloomin' Blinds franchisees make. Bloomin' Blinds offers an Item 19 in their Franchise Disclosure Document which provides financial information about select franchisees in their franchise system.
No. Bloomin' Blinds is not a master franchise opportunity.
Yes. Bloomin' Blinds franchise does offer a veteran discount.
No. Bloomin' Blinds franchise does not work with E2 Visa and EB-5 Visa candidates.
No. Bloomin' Blinds franchise is not looking for Canada franchisees.
No. Bloomin' Blinds franchise is not looking for International franchisees.