Made in the Shade Blinds & More
Bottom line
- Total investment $78K – $108K including a $68K franchise fee.
- Average unit revenue of $624K/year (median $439K).
- Rated STRONG with a risk score of 39/100. SBA loan default rate of 0.0% across 29 loans (below the industry average).
- System growing at 15.8% CAGR over 3 years with 117 total units — strong expansion trajectory.
Item 1 · who you're contracting with
The Franchisor
Yale framework · single-unit ROIC
Returns Analysis
Pulls Item 7 (investment) and Item 19 (revenue) from this brand's FDD into the Yale unlevered-ROIC formula. Override any input to stress-test it against your own assumptions.
The model · Yale framework
What would one Made in the Shade Blinds & More unit return on the cash you put in?
Unlevered ROIC · per unit
65%
Above typical band (30–60%)
Levered LBO scenario · Yale Crease Capital framing
What would 25 Made in the Shade Blinds & More units return on equity?
Equity IRR · 5-yr
49.9%
7.57× MOIC
Year-1 DSCR
1.88×
EBITDA ÷ debt service
Equity required
$375K
on $1.9M purchase
Total debt
$1.5M
SBA $0.9M + senior + seller note
Overview
About
Made in the Shade Blinds & More franchisees operate local window treatment retail and installation businesses, managing customer consultations, product selection, measurements, and professional installation services. Day-to-day activities include sales calls, showroom operations, scheduling installations, managing installation crews or contractors, and handling customer service and warranty issues.
Item 7 · what it costs
The Vitals
Item 19
Financial Performance
Item 20 · unit dynamics
The Growth Chart
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 20 · 12 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 phone area codes (Item 20). Approximate — ported numbers may show the original state, not the franchisee's current location.
Government records
SBA Loan Data
Aggregated from SBA 7(a) loan disclosures, public data unique to FranchiseVerdict.
FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17
Risk & Legal
Moderate-to-caution risk profile driven by non-disclosure of profitability metrics, slow unit growth, and opaque fee structure that prevents ROI validation.
Score breakdown · what drove the 39 / 100 rating
- 01MEDNo Item 19 (Average Unit Volume) disclosed — cannot verify $624k revenue claim or validate ROI timeline
- 02MEDNet income not disclosed — unable to assess actual profitability after flat monthly fees and operating costs
- 03MINORSlow unit growth (9.3% YoY) suggests market saturation or franchisee satisfaction issues in a mature 117-unit system
- 04MEDHigh franchise fee ($67.5k) plus $78-107.7k total investment with unclear payback period and no disclosed profit margins
- 05MINORFlat fee structure (vs. royalties) obscures true cost burden — flat fees may increase annually without revenue correlation
- 06HIGHGoing Concern = False is unclear; requires clarification on franchisor's financial stability and long-term viability
Severity inferred from the FDD text · not a regulatory classification
FDD Items 5, 6, 12, 17 · continued from Risk & Legal
Contract & Territory Detail
Item 11
Training & Operations
Item 20
Franchisee Contacts
Phone numbers extracted directly from this brand's FDD Item 20. After purchase, you'll also receive a list of validation questions tailored to this brand.
Franchisee contacts
96 numbers
One-time purchase · CSV download · Validation questions included
FDD download
Made in the Shade Blinds & More · FDD (2025) PDF