Bumble Bee Blinds Franchise Cost, Revenue & Review 2026
Data from FDD filing + SBA 7(a) records
Analysis by FranchiseVerdict Research · Methodology
Bumble Bee Blinds is a home-services franchise selling and installing custom blinds, shades, and shutters through in-home consultations. Franchisees run a sales-and-install operation handling measurements, orders, and installation in a territory.
FranchiseVerdict summary · 2026
A BUMBLE BEE BLINDS franchise requires a total initial investment of $165K – $211K, including a $60K franchise fee. Per the 2025 FDD, average unit revenue was $486K[2]. SBA 7(a) loans show a 0.0% charge-off rate across 35 loans[1]. FranchiseVerdict grade: A (Strongest tier), an editorial assessment, not investment advice. Run a live ROI scan →
Data last verified · figures per the 2025 FDD issuance
Overview
- Investment
- $165K – $211K
- 68th pct Home Services
- Avg gross sales
- $486K
- 11th pct Home Services
- Royalty
- N/A
- Units
- 153
- 70th pct Home Services
- SBA charge-off
- 0.0%
- % of SBA 7(a) loans not repaid · median varies by category
Quick verdict · Home Services · color = vs category peers
Green = favorable by >10% vs Home Services avg · No shading = within ±10% · Red = unfavorable by >10% · Source: FDD filings + SBA 7(a)
Data from public FDD filings and SBA records. Not financial advice. Methodology
Bottom line
- COSTTotal investment $165K – $211K including a $60K franchise fee.
- RETURNSAverage unit revenue of $486K/year (median $392K).
- RISKVerdict A (Strongest tier), verdict score 73/100 (higher is better). SBA loan charge-off rate of 0.0% across 35 loans (well below the franchise average, based on all SBA 7(a) franchise lending, 2010–2025).
- GROWTHSystem growing at 2960.0% CAGR over 3 years with 153 total units. Strong expansion trajectory.
Item 1 · who you're contracting with
The Franchisor
Corporate structure & franchisor financials
- Legal entity
- HPB Blinds and Shutters LLC
- Parent company
- JEZ Investments LLC
- Predecessor
- Omaha Blinds and Shutters, L.L.C. (d/b/a Omaha Blinds and Shutters)
- Prior franchisor entity
- CEO title
- Chief Executive Officer
- Anthony Hulbert
- Incorporated in
- PA
- HQ
- 2525 N. 117th Avenue, Omaha, Nebraska 68164
- Auditor
- Forvis Mazars, LLP
- Audited financials
- Franchisor revenue
- $3.4M
- vs $1.1M prior year
Affiliated brands
- HPB Automotive Sales
- HorsePower Nation
- HPB Accounting
- HPB Blinds and Shutters Holdings
Other brands the franchisor or its parent operates (Item 1).
Overview
About
- CEO
- Anthony Hulbert
- Headquarters
- NE
- Founded
- 2022
- FDD year
- 2025
- States available
- 18
Can you afford it, and what does the money buy?
Entry cost runs 17% below the typical home services franchise.
Source: FDD 2025 · Items 5–7
Full Item 7 breakdown19 line items
Initial investment breakdown
| Line item | Low | High | |
|---|---|---|---|
| Initial Feenot refundable | $60K | $60K | |
| Insurance (90 days)not refundable | $3K | $5K | |
| Tuition Feenot refundable | $5K | $5K | |
| Travel and Living Expenses while Trainingnot refundable | $2K | $4K | |
| Opening Packagenot refundable | $13K | $17K | |
| Utilities (90 days)not refundable | $200 | $500 | |
| Vehiclesnot refundable | $13K | $15K | |
| Licenses Certificates and Permitsnot refundable | $0 | $2K | |
| Professional Fees (Attorneys / Accountants)not refundable | $1K | $11K | |
| Technology Feenot refundable | $2K | $2K | |
| Special Software Feenot refundable | $900 | $900 | |
| Contact Center Feenot refundable | $1K | $4K | |
| Dues and Subscriptionsnot refundable | $0 | $2K | |
| Brand Marketing Feenot refundable | $16K | $16K | |
| Initial Marketing Expenditure and Local Advertising Expenditure (90 days)not refundable | $20K | $20K | |
| Digital Management Feenot refundable | $2K | $2K | |
| Accounting Services Feenot refundable | $2K | $2K | |
| ZeePartnerships Feenot refundable | $5K | $5K | |
| Additional Funds (90 days)not refundable | $20K | $40K | |
| Total initial investment | $165K | $211K |
Line items extracted from FDD Item 7. Ranges reflect the franchisor's stated low and high per line. Total is the sum of line-item lows / highs — actual costs may fall outside this range depending on market and build-out scope.
Item 7 · what it costs to open + operate
The Vitals
- Total investment
- $165K – $211K
- Bottom third — review vs category
- Liquid capital req'd
- $20K – $40K
- Middle of category vs category
- Franchise fee
- $60K – $60K
- Middle of category vs category
- Royalty
- 6% on YTD gross revenue $0-$500K; 5% on $500K-$1M; 4% abo…
- Ad fund
- 0.0%
- typical 3–5%
- Total fee load
- 9.0%
- vs 9–13% typical
Ongoing fees · Item 6
| Fee | Amount |
|---|---|
| Marketing / ad fund | 0.0% of gross sales |
| Technology fee | $792 |
| Training fee | $5K |
| Transfer fee | $12K |
| Renewal fee | $12K |
| Total fee load | 9.0% of rev |
What do units actually make?
Average unit sales run 61% below the home services norm.
Source: FDD 2025 · Item 19
Single-unit · estimated
Returns at a glance
Indicative numbers using FDD Item 7 / Item 19 inputs and category-benchmarked cost ratios. Full single-unit, 25-unit portfolio, and LBO models (with every input editable to stress-test your own scenario) live on the financials page.
Store EBITDA · annual
$63K
13.0% margin
Unlevered ROIC
29%
EBITDA / total invested capital
Payback
3.4 yrs
cash-on-cash, unlevered
ROI & LBO modelsSingle-unit · 25-unit portfolio · editable
What one unit earns on your invested capital
Model A · Single-Unit Return
Computes unlevered return on invested capital (ROIC) for a single franchise unit. The target band for an attractive franchise is 30–60% ROIC. Below that and a passive index fund likely outperforms; above that and the franchisor has pricing power you're subsidizing.
Note: Item 19 revenue is what the franchisor discloses. It's the top line only. Operating costs below are category estimates. Override them to match your real lease quote, labor market, and build-out budget.
Returns model · single-unit ROIC
What would one BUMBLE BEE BLINDS unit return on the cash you put in?
Unlevered ROIC · per unit
Estimated return on your total franchise investment, before any debt financing.
29%
Below the 30–60% attractive-franchise band
What 25 units return when you use SBA financing
Model B · Return on Equity: Debt-Financed Acquisition
Models a 25-unit portfolio acquisition financed with an SBA 7(a) loan. Shows equity IRR (your return on cash invested), DSCR (how safely the cash flow covers debt service), and the capital stack (SBA + seller + equity breakdown).
This is the “search fund” or “entrepreneurship through acquisition” scenario: you buy an existing multi-unit operator, use leverage to amplify returns, and either operate or hire management. The 25-unit size is the typical minimum for an SBA-backed franchise portfolio acquisition to pencil as a full-time income.
What “return on equity” means here: if you put in $500K of your own cash and the business generates enough EBITDA to pay down debt and grow, your equity IRR is the annual return on that $500K, including the value created when you eventually sell. Target IRR for a search fund is typically 25–35%.
Levered LBO scenario · Yale Crease Capital framing
What would 25 BUMBLE BEE BLINDS units return on equity?
Equity IRR · 5-yr
49.9%
7.57× MOIC
Year-1 DSCR
1.88×
EBITDA ÷ debt service
Equity required
$583K
on $2.9M purchase
Total debt
$2.3M
SBA $1.5M + senior + seller note
These models are for research and scenario planning only. Not investment advice. Actual results depend on your specific location, management, and market conditions. Consult a franchise attorney and accountant before signing any franchise agreement.
Item 19 · Source: 2025 FDD
Financial Performance
- Avg gross sales
- $486K
- Per unit, per year
- Median gross sales
- $392K
Gross sales are revenue before expenses — not profit. Actual owner earnings depend on rent, labor, royalties, marketing fees, and debt service.
- Item 19 type
- gross sales
- Sample size
- 12 franchisees
- vs category median 32 · small
- Range (low → high)
- $177K→$1.2M
- Cohort dispersion (min → max)
- Transparency tier
- revenue_only
- Categorical assessment of disclosure depth
- Reporting year
- 2024
- Fiscal year the figures cover
- Source filing
- FDD 2025
- Disclosed in the 2025 filing, covering 2024
- Transparency
- 4 / 10
- vs category median 4 / 10 · typical
Compared against 321 Home Services brands
Operator outlook
What the numbers say
Data-driven interpretation of this brand's financial disclosures, fee structure, and system trajectory.
Unit economics
Average unit generates $486K/year in gross sales. Median is $392K — top performers pull the average up, so a typical unit earns less. Revenue-to-investment ratio: 2.6x.
Fee burden
Total ongoing fee load of 9.0% (near the Home Services average).
Disclosure
Transparency score 4/10 — this franchisor discloses detailed breakdowns (quartiles, segments, or cohort data). Buyers can model unit economics with higher confidence.
Operator retention
System expanding at 2960.0% CAGR over 3 years across 153 units — operators are staying and new ones are joining.
Source: FDD Item 19 financial performance representations and publicly filed FDD data. Past performance is not indicative of future results. Verify all figures with the franchisor and current franchisees before making any investment decision.
vs Home Services averages
How Bumble Bee Blinds Compares
Is the system healthy?
Source: FDD 2025 · Item 20
Unit growth
Item 20 · unit dynamics
The Growth Chart
- Total units
- 153
- Opened
- 112
- Last reporting year
- Closed
- 14
- Turnover rate
- 10.5%
- Company-owned
- 0
- Corporate units in the system
- % franchised
- 100%
- vs corporate-owned
3-year detail · Item 20
- Opened (3yr)
- 169
- Closed (3yr)
- 0
- Terminated (3yr)
- 16
- Non-renewed (3yr)
- 0
- Transfers (3yr)
- 6
- Reacquired (3yr)
- 0
- Franchisor bought back
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 20 · 24 states with active franchisees
The Territory Map
Derived from franchisee contact records. Shows states with at least one current operator. Not where the franchisor is registered to sell new units (that data is re-extracting in a future refresh).
States derived from franchisee contact records (FDD Item 20). Shows states with at least one current operator on file. Full state registration data (Item 12) will appear on a future FDD refresh.
Available to sell in · Item 12
- California
- Hawaii
- Illinois
- Indiana
- Maryland
- Michigan
- South Dakota
States where the franchisor is registered to sell new franchises (FDD registration filings).
SBA loan performance
Government records
SBA Loan Data
Aggregated from SBA 7(a) and 504 loan disclosures, public data unique to FranchiseVerdict.
- Total loans
- 35
- Loan volume
- $8.2M
- Median loan
- $280K
- 50th percentile
- Charge-off rate
- 0.0%
- rates vary by category · see methodology
Historical SBA 7(a) lending data, not predictive of future performance. How SBA charge-off rates are calculated
- Repayment rate (PIF)
- 100.0%
- 5-yr charge-off
- 0.0%
- Loans approved 2021+
- Active lenders
- 10
- Defaults
- 0
- Typical loan rate
- 10.7%
- avg rate to borrowers
- vs industry
- 0.0%
- brand is above its industry ↑
- Jobs supported
- 149
- 1.8 per loan
- Lender concentration
- 40%
- top lender's share
Borrower mix: 100% went to startups / new businesses, 0% to established operators
Top lenders financing Bumble Bee Blinds franchisees
Showing 3 of 10 lenders. The full breakdown — every lender, state distribution, interest rates & risk ratings — is in the SBA Lending Report below.
Explore lender portfolios on Bank Reports or regional data on State Reports.
Premium insight
SBA Lending Report
Deep-dive into Bumble Bee Blinds's SBA lending history: lender network, geographic footprint, interest rates, and more.
SBA Lending Report
- Principal loss rate and NAICS industry benchmark
- 10 lenders with concentration factor
- Per-state charge-off rates across 15 states
- Startup risk premium and job creation velocity
- 4-year lending trend
Instant access. No subscription.
With a 0.0% charge-off rate across 35 loans, banks have historically viewed this brand favorably for lending.
What could kill this investment?
SBA loans charge off at 0.0% — 100% below the 16.0% national norm, i.e. lower lender-observed risk.
Source: SBA 7(a) FOIA · FDD Items 3, 21
Risk analysis
FranchiseVerdict rating + FDD Items 3, 4, 8, 16, 21
Risk & Legal
Bumble Bee Blinds presents elevated risk due to active litigation, non-transparent unit economics, aggressive unsustainable growth trajectory, and parent company financial uncertainties despite a protected territory and reasonable initial investment.
Litigation (Item 3)
Beutler Holdings, LLC and Zachery Beutler v. Joshua Skolnick, Skolnick Holdings, LLC, and JEZ Investments LLC (AAA, Omaha, NE, filed December 8, 2025) - disputes over governance, ownership interests, and operation of JEZ Investments LLC. Claims include fraudulent misrepresentation, minority oppression, breach of fiduciary duty, statutory dissolution. Pending.
Bankruptcy (Item 4)
None disclosed
Audited financials (Item 21)
Yes · Forvis Mazars, LLP
Franchisor revenue (Item 21)
Franchisor entity revenue (not unit-level)
Supplier relationship · Items 8 & 16
- Franchisor sells you products: No
- Kickbacks from required suppliers: No
- Must buy proprietary products: No
- Restricted to system-approved products: Yes
- Can negotiate own supplier terms: No
Score breakdown · what drove the 73 / 100 verdict
- 01HIGHActive litigation involving parent company governance and ownership disputes creates operational uncertainty and potential distraction from franchisee support
- 02MINORNo average net income disclosure despite 153 units operating — impossible to validate ROI claims or unit economics transparency
- 03MINORExplosive 178.2% YoY unit growth is unsustainable and suggests potential oversaturation of territories or recruitment-driven expansion rather than organic demand
- 04MINORMinimum $500/month royalty fee ($6,000 annually) represents 1.2% of average revenue even at top tier — high fixed cost burden for struggling locations
- 05HIGHGoing Concern status is FALSE — ambiguous language requiring immediate clarification on parent company financial health and bankruptcy risk
- 06MINORHigh franchise fee ($59,500) coupled with non-disclosure of net income creates misalignment of incentives — franchisor profits upfront while franchisee bears long-term risk
Severity inferred from the FDD text · not a regulatory classification
What are you signing up for?
Ongoing fees run about 9.0% of sales (royalty + ad fund), before rent and labor.
Source: FDD 2025 · Items 11, 12, 17
FDD Items 12, 15, 17 · continued from Risk & Legal
Contract & Territory Detail
| Initial term | 10 years |
|---|---|
| Renewal term | 10 years |
| Allowed renewalsℹ | 1 |
| Territory type | protected |
| Protected territory | Yes |
| Exclusive territoryℹ | No |
| Territory population | 200,000 |
| Online sales rightsℹ | Restricted |
| Franchisor can compete | Yes |
| Hire a manager? | Allowed |
| Owner-operator | Optional |
| Non-compete (years)ℹ | 2 years |
| Non-compete (miles)ℹ | 25 mi |
| Right of first refusalℹ | No |
| Transfer requires consent | Yes |
| Termination notice | 15 days |
| Termination groundsℹ | 1 |
| Curable defaultsℹ | 2 |
| Mandatory arbitration | Yes |
| Arbitration location | Bucks County, Pennsylvania |
| Jury trial waiver | No |
| Governing law | PA |
| Litigation count | 1 |
View Item 3 litigation summary
Beutler Holdings, LLC and Zachery Beutler v. Joshua Skolnick, Skolnick Holdings, LLC, and JEZ Investments LLC (AAA, Omaha, NE, filed December 8, 2025) - disputes over governance, ownership interests, and operation of JEZ Investments LLC. Claims include fraudulent misrepresentation, minority oppression, breach of fiduciary duty, statutory dissolution. Pending.
Items 10, 11
Training & Operations
- Classroom training
- 54 hrs
- On-the-job training
- 59 hrs
- Training location
- Phase I and II: digital/webinar; Phase III: Omaha, Nebraska
- Ongoing training
- Required
- Time to open
- 6 mo
- From signing to launch
- Site selection
- franchisee with franchisor approval
- Franchisor financing
- Offered
- Item 10
- POS system
- Service Titan
- Operating tech stack
Items 5 & 11
Franchisor Support
Technology: Service Titan
Item 20 · call current owners
Franchisee Contacts
55 owners to call
Name · phone · city · state. Extracted from FDD Item 20
FDD download
BUMBLE BEE BLINDS · FDD (2025) PDF
Frequently asked questions
Frequently Asked Questions
How much does it cost to open a BUMBLE BEE BLINDS franchise?
The total investment to open a BUMBLE BEE BLINDS franchise ranges from $165K – $211K, with an initial franchise fee of $60K. This includes real estate, equipment, inventory, and working capital as disclosed in their Franchise Disclosure Document (FDD).
What do BUMBLE BEE BLINDS franchise owners earn?
According to Item 19 of the BUMBLE BEE BLINDS FDD, the average gross sales per unit is $486K. The median is $392K. Note: this is gross revenue, not profit. Actual owner earnings vary based on location, operating costs, and management.
What is Item 19 in the BUMBLE BEE BLINDS FDD?
The FDD section where a franchisor may disclose financial performance of its outlets. Disclosure is optional and formats vary; figures are typically gross sales, which is revenue before expenses, not profit. FranchiseVerdict extracts these figures directly from the BUMBLE BEE BLINDS FDD and qualifies whose outlets they describe.
What is BUMBLE BEE BLINDS's franchise failure rate?
Based on SBA 7(a) loan data, BUMBLE BEE BLINDS has a charge-off rate of 0.0% across 35 loans, meaning 0.0% of franchise loans were charged off. Charge-off rates are one proxy for franchise risk, though they do not capture all closures. This data comes from FOIA-sourced SBA lending records.
How many BUMBLE BEE BLINDS franchise locations are there?
As of their most recent FDD filing, BUMBLE BEE BLINDS has 153 total units in the United States, including 153 franchised units and 0 company-owned units. 112 new units were opened in the latest reporting year.
Is BUMBLE BEE BLINDS a good franchise to buy?
FranchiseVerdict rates BUMBLE BEE BLINDS as a A-grade franchise with a verdict score of 73 out of 100 (higher is better), based on our analysis of investment costs, revenue data, SBA loan performance, and growth trends. Our rating is based solely on publicly available FDD and government data; we recommend speaking with current franchisees before making any investment decision. This is not investment advice.
Data sourced from public FDD filings and SBA 7(a) FOIA records. Not financial advice.
For franchisors
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Data extracted from public FDD filings and SBA 7(a) loan disclosures (FOIA). This information is provided for research purposes only and does not constitute financial, legal, or investment advice. Verify all figures with the franchisor's current Franchise Disclosure Document before making any investment decision.