|
Below is an in-depth analysis and side-by-side comparison of Park Select vs Bloomin' Blinds including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $55,000 - And Up | $53,495 - $117,425 |
Franchise Fee | $40,000 | $40,000 |
Royalty Fee | 10% - 6% | 3%-6% |
Advertising Fee | 1% | 2% |
Year Founded | - | 2001 |
Year Franchised | - | 2014 |
Term Of Agreement | 5 years | - |
Term Of Agreement | 5 years | - |
Renewal Fee | - | - |
Business Experience Requirements |
||
Experience | - | - |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/- | Yes/- |
Start-up Costs | -/- | Yes/- |
Equipment | -/- | Yes/- |
Inventory | -/- | Yes/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
||
Training | Our comprehensive training program covers every aspect of owning and operating a Park Select franchise. You, any designated manager and up to two assistants will be supplied with the systems and tools that you will use to make your Park Select franchise a success. The step-by-step, in depth training will be administered by the very people that designed those systems and tools, our Park Select Training Team! Training at Park Select Franchising Opportunities headquarters in Wilmington, NC will last for one to two weeks, depending on the level of instruction needed in areas such as business organization or familiarity with the office software programs commonly used by Park Select. | *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 | Our Park Select Training Team and our Park Select Office Support Team will be there every step of the way! After your initial training at corporate headquarters, the Park Select Training Team will come to your territory for on-site training. Your field training will include helping you to establish your new accounts� assisting you as you set up and operate your Park Select office, and, of course, preparing you for a successful grand opening! Every territory and every franchisee is different; therefore, there is no pre-determined length of time for on-site training, though you can expect this period to last at least one to two weeks. And once your on-site field training is complete, ongoing training and support is only a phone call away. As your Park Select business grows, our corporate team will be there to help. From offering training for new staff members and management team members to assistance and advice on daily operations, Park Select franchisees are in business for themselves, but NEVER by themselves! | *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 | - | *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 |
||
US Expansion | - | Yes |
Canada Expansion | - | Yes |
International Expansion | - | - |
Park Select was established over ten years ago with a simple philosophy in mind - Why should parking lot owners pay to protect their lots from parking violators? Park Select's customer-specific, parking lot solutions are proven to alleviate parking lot abuse - and at little or no cost to our client, the lot owner! Park Select's unique business model ensures that the parking violator bears the burden of that cost! Park Select 003 What can a Park Select franchise do for property owners in your area? Generate Revenue Improve Functionality Eliminate Unnecessary Cost Until Park Select, property and business owners were forced to spend hundreds, even thousands, keeping unwanted cars out of their lots - contracting expensive security companies, hiring their own attendants to stop parking violators or installing costly equipment . Park Select Franchising Opportunities is changing all that, by equipping a new generation of business men and women with Park Select's innovative and proven systems and tools! We are proud of Park Select's success story and excited for the future of Park Select and the future opportunities of our Park Select franchisees. Perhaps that's you.
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.