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Home >> Retail Stores >> Gifts & Crafts Stores
| Beadniks P.O. Box 592 Vineyard Haven, MA 02568 |
Submit an online form to receive information from Beadniks.
• Coupons • Franchise Video • Promotional Items • UFOC |
Business Description
Beadniks is more than a business opportunity,it's a lifestyle. Explore a world of exotic beads in this activity-based retail concept. Beadniks offers an exotic world theme store where customers create custom jewelry with beads from the far corners of the globe. Join the Beadniks family and become part of the number one bead store in the country and the fastest growing beading and craft concept in franchising. We offer exceptional training and support, national buying power and proven marketing programs.
Franchisor Background
Year Established: 1990
Franchising Since: 2006
North America:
States/Provinces with the largest number of operating units:
Registered in Following Registration States: California, Florida, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, Oregon, Rhode Island, Virginia, Washington, Wisconsin, District Of Columbia
Financial Requirements
Average Number of Employees: 2 Full-time, 4 Part-time
Space Needs (in square footage): 1,500-2,000
Preferred Sites: Free-standing Building, Storefront, Strip Center, Regional Mall
Other Sites: Lifestyle Center
Encourage Conversions? Yes
Earnings Claims Provided?: Yes
Beadniks is more than a business opportunity,it's a lifestyle. Explore a world of exotic beads in this activity-based retail concept. Beadniks offers an exotic world theme store where customers create custom jewelry with beads from the far corners of the globe. Join the Beadniks family and become part of the number one bead store in the country and the fastest growing beading and craft concept in franchising. We offer exceptional training and support, national buying power and proven marketing programs.
Franchisor Background
Year Established: 1990
Franchising Since: 2006
| Operating Units: | |||||||||||||||||||||||||||||||
Franchised Units: | 6 | 85.7% | | ||||||||||||||||||||||||||||
| Company-Owned Units: | 1 | 14.3% | |||||||||||||||||||||||||||||
Total Operating Units: | 7 | 100.0% | |||||||||||||||||||||||||||||
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States/Provinces with the largest number of operating units:
| Density | Units |
| 1. California | 1 |
| 2. Florida | 2 |
| 3. Illinois | 1 |
Registered in Following Registration States: California, Florida, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, Oregon, Rhode Island, Virginia, Washington, Wisconsin, District Of Columbia
Financial Requirements
| Investment: | |
| Minimum Net Worth: | $100K |
| Cash Investment: | $50-75K |
| Total Investment: | $333-434K |
| Average Total Investment: | $375K |
| Fees: | |
| Initial Franchise Fee: | $40K |
| Average Franchise Fee: | $40K |
| On-Going Royalty: | 6% |
| Average Royalty: | 6% |
| Advertising Fee: | .6% |
Space Needs (in square footage): 1,500-2,000
Preferred Sites: Free-standing Building, Storefront, Strip Center, Regional Mall
Other Sites: Lifestyle Center
Encourage Conversions? Yes
Earnings Claims Provided?: Yes
| Franchisee Qualifications | |||||||||
Ranked from 1 (unimportant) to 5 (important): | |||||||||
| Financial Net Worth: | 3 | ||||||||
| General Business Experience: | 3 | ||||||||
| Specific Industry Experience: | 2 | ||||||||
| Formal Education: | 2 | ||||||||
| Psychological Profile: | 5 | ||||||||
| Personal Interview(s): | 5 | ||||||||
| Terms of Contract | |||||||||
| Term of Initial Contract: | 5 Year(s) | ||||||||
| Term of Renewal Period: | 5 Year(s) | ||||||||
| Passive Ownership: | Allowed, But Discouraged | ||||||||
| Area Development Agreements? | Yes, for 0 Year(s) | ||||||||
| Sub-Franchising Contracts? | No | ||||||||
| Franchisees Allowed to Expand Within Territory? | Yes | ||||||||
| Support and Training | |||||||||
| International Franchise Association: | No | ||||||||
| Canadian Franchise Association: | No | ||||||||
| Franchisee Association/Member: | No | ||||||||
| Size of Corporate Staff: | 8 | ||||||||
| Site Selection Assistance? | Yes | ||||||||
| Lease Negotiation Assistance? | Yes | ||||||||
| Financial Assistance? | Yes, Indirect | ||||||||
| Marketing Support: | |||||||||
| Co-Op Advertising: | No | ||||||||
| National Advertising: | Yes | ||||||||
| Regional Advertising: | Yes | ||||||||
| Local Advertising: | Yes | ||||||||
| Marketing Materials: | Ad Slicks, Brochures, Direct Mailers, Emails, Promotional Items, Radio Ads, Site Signs, Television Ads, Videos | ||||||||
| Additional Services: | Grand Opening, In-house Marketing, Marketing Research, Newsletter, Online Extranet, Press Releases, Sales Strategies | ||||||||
| Other Marketing Support: | None Specified | ||||||||
| On-Going Support: | |||||||||
| Central Data Processing: | Not Applicable | ||||||||
| Central Purchasing: | Not Applicable | ||||||||
| Field Operation Evaluation: | Included in Fees | ||||||||
| Field Training: | Included in Fees | ||||||||
| Initial Store Opening: | Included in Fees | ||||||||
| Inventory Control: | Included in Fees | ||||||||
| Franchisee Newsletter: | Included in Fees | ||||||||
| Regional or National Meetings: | Included in Fees | ||||||||
| 800 Telephone Hotline: | Not Applicable | ||||||||
| Training: | |||||||||
| 1. Home Office | 2 Weeks | ||||||||
| 2. On Site | 10 Days | ||||||||
| Expansion Plans | |||||||||
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Submit an online form to receive information from Beadniks.
• Coupons • Franchise Video • Promotional Items • UFOC |
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