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Below is an in-depth analysis and side-by-side comparison of STEARCLEAR 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 | $53,400 - $143,050 | $53,495 - $117,425 |
Franchise Fee | $37,500 - $93,750 | $40,000 |
Royalty Fee | 20% | 3%-6% |
Advertising Fee | - | 2% |
Year Founded | - | 2001 |
Year Franchised | - | 2014 |
Term Of Agreement | 5 years | - |
Term Of Agreement | 5 years | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | - | - |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/No | Yes/- |
Start-up Costs | No/No | Yes/- |
Equipment | No/No | Yes/- |
Inventory | No/No | Yes/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
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Training | Training: Each franchisee goes through STEARCLEAR's exclusive 3 Day Training Academy where you will learn critical skills to run your business including: Administrative: - finances, accounting, payroll, reporting, regulatory compliance, iPad Franchisee Software Service Operations/Staff Management: Health & safety, programs, protocols, services, recruitment, hiring, training, policies, scheduling Sales & Marketing: Includes customer service, community relations and public relations | *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 | - | *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 | Customer service, community relations and public relations | *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 | - | - |
Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | - | Yes |
International Expansion | - | - |
STEARCLEAR has taken franchising to the next level with a "franchise in a box" approach, providing everything a franchisee needs to run their business through an advanced iPad application. STEARCLEAR is a unique designated driver service that connects customers with local drive teams through a smartphone app. For a fee, the drive teams get both the customer and their car home safely. The company is backed by a $500,000 initial round of funding and announced yesterday that it has begun selling franchises across the United States for its smartphone enabled service. The press release is below my signature line. Designated driver services are not new, in fact there are thousands of independent services offer across the country. The founders of STEARCLEAR saw an opportunity in the market to streamline this very labor intensive and inefficient business model by combining smart phone and GPS technology with their knowledge of high-volume transactional systems to create a turn-key, fully automated business opportunity. What does the STEARCLEAR Franchise iPad App do? Pretty much everything a Franchisee needs to do to run their business. With it, the franchises don't have to process credit cards, handle paying employees or doing their tax reporting; they don't have to hire HR staff to ensure compliance with U.S. employment law, or worry with insurance and liability protections. StearClear also handles vetting the drivers, handling background checks, criminal and sexual predator checks, driving record checks, and even drug tests. STEARCLEAR has taken out much of the headaches of owning a business, simplified the process and provides a unique, beneficial service that is in demand.
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.