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Updated RecentlyBeadniks Franchise
Beads
NO LONGER FRANCHISING
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How much does it cost to open a Beadniks Franchise?
The investment required to open a Beadniks Franchise is between $333,000-$434,000. There is an initial franchise fee of $40,000 which grants you the license to run a business under the Beadniks name.
Individual Unit Costs
- Initial Investment:
$333,000-$434,000 - Initial Franchise Fee:
$40,000 - Royalty Fee:
6% - Advertising Fee:
0.6% - Term of Agreement:
5 years +5
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When did Beadniks start Franchising? 2006
| Year | U.S.A. | Canada | International | Corporate |
|---|---|---|---|---|
| 2008 | 6 | 0 | 0 | 1 |
United States: California, District of Columbia, Florida, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, Oregon, Rhode Island, Virginia, Washington, Wisconsin
Training
Home Office 2 Weeks
On Site 10 Days
Support
Field Operation Evaluation: Included in Fees
Field Training
Initial Store Opening
Inventory Control
Franchisee Newsletter
Regional or National Meetings
Marketing
Ad Slicks, Brochures, Direct Mailers, Emails, Promotional Items, Radio Ads, Site Signs, Television Ads, Videos ,Grand Opening, In-house Marketing, Marketing Research, Newsletter, Online Extranet, Press Releases, Sales Strategies
Average Number of Employees: 2 Full-time, 4 Part-time
Passive Ownership: Allowed, But Discouraged
Your income potential as a Beadniks Franchise entrepreneur depends vastly on many factors. As an entrepreneur, the goals to achieve are related to expanding sales while lowering your operation costs and increasing the quality of your products and or services. Each month your operating costs can include royalty fees, mortgage / rent, supplies for products, staffing, utilities, bookwork, stationary and other items. From one month to the next, you may find your costs fluctuate, but your up-front costs are, for the most part, fixed and they will cover most of the initial setup of equipment, signage and renovations.
Listing Tags
Legal Disclaimer: This information is not a franchise offering for Beadniks and should not be construed as such. The Franchise Mall makes every effort to maintain accurate franchise data but does not guarantee nor assume liability for incorrect data. We recommend that anyone seriously interested in pursuing a Beadniks franchise opportunity, review that franchise's Franchise Disclosure Document (FDD) with an attorney and accountant.
Beadniks
P.O. Box 592
14 Church Street
Vineyard Haven,
MA
02568