Beadniks Franchise

Beads

Start-up Costs & Franchises Fees

What is the total cost to open a Beadniks Franchises?

Total Cost: $333,000 USD -$434,000 USD
Total Franchise Fees: $40,000 USD
Ongoing Royalty Fees: 6%
Ongoing Advertising Fees: 0.6%
Term of Agreement: 5 years +5

Contact Information for Beadniks

Beadniks P.O. Box 592 14 Church Street Vineyard Haven, MA 02568

Phone Number: 508-693-7618 Toll Free: 866-861-2323 Fax Number: 508-693-7609 Franchise Homepage:

Historical Expansion

In what year did Beadniks begin operations? 1990
When did Beadniks begin selling franchises? 2006

Year	United States	Canada	International	Corporate
2008	6	0	0	1

Future Expansion

United States: California, District of Columbia, Florida, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, Oregon, Rhode Island, Virginia, Washington, Wisconsin

Training & Support

Training
Home Office 2 Weeks

On Site 10 Days

Support
Field Operation Evaluation: Included in Fees
Field Training

Initial Store Opening

Inventory Control

Franchisee In the Pressletter

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, In the Pressletter, Online Extranet, Press Releases, Sales Strategies

Franchise Operation Restrictions

Average Number of Employees: 2 Full-time, 4 Part-time

Passive Ownership: Allowed, But Discouraged

Franchise Analyzer Professional's Inside Information

Can you buy this franchise for no money down? Yes
What key terms in the franchise agreement can be negotiated? Cross-default provisions, arbitration clause, personal guarantee, default cure periods, non-compete agreement, favorable valuations for corporate buyout
Can you negotiate lower royalties during start-up? Yes
Can you purchase multiple franchises for a discounted franchise fee? Yes
Can you receive lower advertising fees? Yes
Will I know when the franchise break even? Yes
Will my personal assets including my home be safe in case my franchise business fails? Yes

Please note: You must download a free copy of Franchise Analyzer Professional to receive these benefits and so much more. Click here to download your FREE copy now.