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Updated RecentlyIslandTime Treasures vs Bloomin' Blinds Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of IslandTime Treasures vs Bloomin' Blinds including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $11,000 - $26,350 | $53,495 - $117,425 |
| Franchise Fee | $7,500 | $40,000 |
| Royalty Fee | 10% | 3%-6% |
| Advertising Fee | 2% | 2% |
| Year Founded | 2011 | 2001 |
| Year Franchised | 2012 | 2014 |
| Term Of Agreement | 10 years | - |
| Term Of Agreement | 10 years | - |
| Renewal Fee | N/A | - |
Business Experience Requirements |
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| Experience | *Total net worth requirement $75,000 *Marketing skills *Must enjoy being around kids and giving out lots of smiles! | - |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | -/- | Yes/- |
| Start-up Costs | -/- | Yes/- |
| Equipment | -/- | Yes/- |
| Inventory | -/- | Yes/- |
| Receivables | -/- | -/- |
| Payroll | -/- | -/- |
Training & Support |
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| Training | *Online 4 Hours (Prior to Initial Training) *At corporate headquarters location 2 Days | *2-3 weeks at the Carrollton, TX office *Detailed instruction on blind repair, sales, installation *Software and business development *Follow up at your location Classroom Training: 99 hours Additional Training: Via webinar, conference calls, tradeshows |
| Support | *Purchasing co-operatives *Newsletter *Regional/national meetings *Toll-free telephone line *Grand opening *Internet support *Field operations & evaluations *Lease negotiations | *Personal support thru phone, web, email, video chat and webinar *Onsite visits thru the first two years in business *Franchise web portal with training and resources *Management and leverage with vendors *Scheduling and CRM software *Monthly calls to recap the month and help where we can *Leadership: Who Am I Working With Purchasing Co-ops Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Proprietary Software Franchisee Intranet Platform |
| Marketing | Ad slicks | *Access to all marketing materials *Website developed for your specific city, optimized for powerful search results *Evaluation of marketing programs you are considering *Graphics and art development Co-op Advertising Ad Templates Social media SEO Website development Email marketing |
| Operations | *Absentee ownership of franchises allowed *Average number of employees a franchisee would need to run a typical franchised unit 1-2 *The franchise can be run from home. | - |
Expansion Plans |
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| US Expansion | Yes | Yes |
| Canada Expansion | - | Yes |
| International Expansion | Yes | - |
Company Overviews
About IslandTime Treasures
Much like Build-a-Bear Workshop - We make school and church fundraisers, events, fairs, weddings, and parties a truly unforgettable experience by providing a unique, hands-on art experience for folks of all ages that are as entertaining as they are educational. Our affordable sand impression art experience provides the ability for a customer to build their own treasure utilizing our mobile sandboxes. Our affordable ($10 - $40 per item average) sand impression art experience provides the ability for a customer to build their own treasure in three short steps: Step 1 - They choose a treasure form in a variety of shapes and sizes, or use their hand or footprint. Step 2 - They decorate the treasure sand impression with island bling, including shells, sea glass, rocks, or tons of other cool items. Step 3 - We pour in our special Island Mud. 15 minutes later... voila! Their project is done and ready to go! The IslandTime Treasures franchise opportunity is available in two business formats, depending on your business needs and goals. Franchise investment levels start at an affordable $15,900 and include a comprehensive startup kit that has everything you need to begin scheduling events and making money. - Mobile Unit Enjoy the freedom of a part-time home based business to make money! IslandTime Treasures owners (aka Island Guides) provide our unique product experience for birthday parties, events, fairs, school and church fundraisers, plus many other venues. Mobile unit owners receive a minimum protected territory of 200,000 in population. Mobile unit operators can also grow sales in their territory through the ownership of additional retail kiosks and cart units. - Kiosk & Cart Generate more revenue with the addition of a cart or kiosk! For resorts, camps, theme parks, zoo's, malls, and other public venues, our retail fixed kiosks or mobile carts are "customer magnets" and can provide excellent incremental income. IslandTime Treasures kiosks and carts are customized to fit your facility and can be operated part-time or year-round, depending on your requirements. Kiosk and cart locations do not receive a protected territory and are restricted to doing retail business at the installed location.
About Bloomin' Blinds
Bloomin' Blinds is a home based business that is built for on-site service and fully contained within the body of a work van. Offering window covering sales and service, Bloomin' Blinds is able to jump into any market and gain market share quickly.Bloomin' Blinds is unique to its competition in the fact that we offer blind repair, and sales. The focus on blind repair makes it easier for Bloomin' Blinds to collect customers, win bids and generate repeat appointments. Blind repair is easy to learn and most blinds are generic. Since blind repair parts are not available at traditional hardware stores, home owners are happy to pay Bloomin' Blinds to fix a blind rather than buy a new one. Blind repair is easily the most profitable aspect of the Bloomin' Blinds model, profit margins are honestly in the 1000's.Bloomin' Blinds sells blinds too. We have found that clients are drawn to a company that can offer sales and repair. We continually hear that a homeowner would prefer an "all in one" company in the event something did happen and repairs were required. Bloomin' Blinds is able to win bids with an 83% closure rate. We have wholesale deals in place so that our franchisees will purchase their goods at prices reserved for only the largest of companies, from day one.
A well-run Bloomin' Blinds location will grow with a "snowball" effect. Most franchise owners will likely need a staff of 1-3 within five years. We are seeking charismatic franchise owners across the country who have a love of people and an eye for detail. With these simple traits, you can make a lot of money as a Bloomin' Blinds franchise owner.