The Potomac Bead Company Franchise
Bead Store & Jewelry Supply Franchise
Interested in opening your own bead store? This may be the bead store franchise opportunity you've been looking for. We at The Potomac Bead Company strongly believe in providing outstanding customer service, in maintaining a creative environment, in great selection, in high quality products, in competitive prices, and in perpetual training & education. The customer's needs come first and foremost, no matter what; all staff members make it their mission to give great value to each and every customer, whether that person is a wholesale buyer, a regular shopper, a new class student, or party attendee. We look for franchise business owners who share these values, and what to give back to their customers and the community. This can be done, while simultaneously growing a profitable and exciting business.
The Bead Store Franchise Advantage:
Starting a bead store alone can be very time consuming and difficult. We simplify the entire process by supplying training, promotional materials, hundreds of vendors, order lists, class training, and operations manual, as well as helping to negotiate for a space, hire employees, and providing ongoing support. We spend the weeks prior to, and after the opening of each store with the new owners to ensure a smooth start. The Potomac Bead Company also imports most of our products collectively with franchise business owners, providing everyone with their desired quantities at the lowest cost. By providing you, the Potomac Bead Co franchisee with the lowest priced products and savings you can pass on to your customers, and maintain great prices. This is a great time to start a bead store, with a rapidly growing craft and bead market.
We are particularly looking for franchise business owners in many areas all across the country, and in some parts of Europe. Current franchise business owners are opening this year in Florida, Maryland, Pennsylvania, Virginia, and the UK.
Start-up Costs & Franchises Fees
What is the total cost to open a The Potomac Bead Company Franchises?
Total Cost: $126,955-$248,500
Total Franchise Fees: $25,000 USD
Ongoing Royalty Fees: 6%
Ongoing Advertising Fees: 1%
Term of Agreement: 20 years +5
Contact Information for The Potomac Bead Company
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The Potomac Bead Company |
Phone Number: (717) 263-2323 |
Historical Expansion
In what year did The Potomac Bead Company begin operations? 2005
When did The Potomac Bead Company begin selling franchises? 2005
Year United States Canada International Corporate 2008 6 0 1 2
Future Expansion
United States: Nationwide
Countries of Interest: United Kingdom
Training & Support
Training
Home Office 3 Weeks
On Site 6-12 Days
Support
Operations Manual
Purchasing
Field Operation Evaluation
Field Training
Initial Store Opening
Store Visits
Phone Support
Website Support/Maintenance
Inventory Control
Regional or National Meetings
Marketing
Internet/Search Engine, Brochures, Direct Mailers, Postcards, Emails, Billboard/Outdoor Advertising, Promotional Items, Radio Ads, Marketing Research, In the Pressletter, Store Signs, Television Ads, Videos ,Grand Opening, Directional Signs, In-house Marketing, Online Press Releases
Franchise Operation Restrictions
Sub-Franchising/Multi-Unit Opportunity available for application in all countries outside of the US & UK.Average Number of Employees: 1-2 Full-time, 3-5 Part-time
Franchise Analyzer Professional's Inside Information
Can you buy this franchise for no money down? YesPlease 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.
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