Made in the Shade Blinds & More franchise unit economics
Made in the Shade Blinds & More franchisees sell and install blinds, shades, shutters, drapery and outdoor shade products from one office in an exclusive territory.
Made in the Shade Blinds & More franchise at a glance
The 2026 FDD from Made in the Shade Blinds and More LLC reports a February 2026 survey of franchisees covering 2025: revenue, close rate, sale price a project, gross product margin and projects completed, each with an average, median, high and low.
Made in the Shade Blinds & More’s 69 surveyed US franchisees averaged $730,016 of revenue in 2025, with a median of $496,655, according to Item 19 of Made in the Shade Blinds & More’s 2026 FDD, issued 28 April 2026. The 69 in that group are 65%* of Made in the Shade Blinds & More’s 106 eligible US franchisees.
- A Made in the Shade Blinds & More franchise costs $78,000 to $107,700 to open for a 150,000-person territory, according to Item 7 of the 2026 FDD.
- Made in the Shade Blinds & More lists no royalty and no brand fund fee in Item 6.
- Made in the Shade Blinds & More charges $100 a month for marketing support, $150 for technology support and $100 plus $5 per payroll employee for accounting support, $4,200* a year before the per-employee charge.
- Made in the Shade Blinds & More received $1,552,231 in rebates from suppliers on franchisee purchases in 2025, 45% of its total revenue.
- Made in the Shade Blinds & More reports an average of 174 projects in 2025 at an average sale price of $4,201 and a 64% close rate.
- Made in the Shade Blinds & More had 131 franchised outlets in the United States at the end of 2025, up from 101 at the start of 2023, and 17 franchised outlets in Canada.
- Made in the Shade Blinds & More franchisees sell and install blinds, shades, shutters, drapery and outdoor products from one office in an exclusive territory of 150,000 to 450,000 people.
These figures come from Made in the Shade Blinds & More's 2026 Franchise Disclosure Document, as the brand reported them, and were read by Averan Advisors. $4,200 a year is an Averan calculation: ($100 + $150 + $100) a month x 12, before the $5 per payroll employee accounting charge.
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Talk to Averan → Averan Made in the Shade Blinds & More Conversion Package →- The 69 reporting franchisees averaged $730,016 of revenue in 2025. The median was $496,655, the highest $3,074,186 and the lowest $40,000. 23 of the 69, or 33%, reached the average, which is 1.47 times* the median.
- Item 6 lists no royalty and no brand fund fee. The required monthly charges are $100 for marketing, $150 for technology and $100 plus $5 per payroll employee for accounting, $4,200* a year before the per-employee charge. All three are credited for the first six months of operations.
- Designated suppliers pay the franchisor a rebate of 3% to 10% on franchisee window covering purchases. In 2025 these rebates were $1,552,231, 45% of the franchisor’s total revenue of $3,433,470. Approved purchases from non-designated suppliers carry a 5% fee paid to the franchisor.
- Projects completed varied more than sale price. Projects ran from 6 to 674, a 112 times* range, and sale price from $1,576 to $9,515, a 6.0 times* range. The average sale price was $4,201 and the median $4,000.
- Franchised outlets in the United States rose from 101 to 131 between the start of 2023 and the end of 2025. 49* opened over the three years, 12* were terminated, 2 were not renewed and 5* ceased operations for other reasons. Exits ran at 5.9%, 5.6% and 6.0%* of the outlets open at the start of each year.
Revenue, 2025
How much does a Made in the Shade Blinds & More franchise make?
| Measure | Revenue |
|---|---|
| Average | $730,016 |
| Median | $496,655 |
| Highest | $3,074,186 |
| Lowest | $40,000 |
| Reached or passed the average | 23 of 69 (33%) |
As printed in Item 19. Revenue is total revenue from goods and services less sales tax, discounts, allowances and returns, for calendar 2025. Survey results reported by franchisees.
The 69 reporting franchisees averaged $730,016 of revenue in 2025, and the median was $496,655. All franchisees were invited to the survey. Results count those who opened before 1 January 2025 and were still open at 31 December 2025: 106 US franchisees met that test and 69 responded, 65% of them.
23 of the 69, or 33%, reached or passed the average. The average is 1.47 times* the median, and the highest result is 77 times* the lowest. A few high results lift the average above what most respondents reported.
The 21 outlets opened in 2025 and the 17 Canadian outlets are outside the survey group. The survey covers US franchisees open for all of 2025.
Item 19 publishes no cost, wage or profit figure for a franchise. It gives a gross product margin, which is product revenue less product cost, divided by product revenue. The FDD states that the figures do not reflect costs of sales or operating expenses.
Projects and close rate
Projects, close rate, sale price and product margin, 2025
| Measure | Average | Median | Highest | Lowest | Reached or passed the average |
|---|---|---|---|---|---|
| Projects completed | 174 | 125 | 674 | 6 | 21 of 69 (30%) |
| Close rate | 64% | 65% | 95% | 25% | 36 of 69 (52%) |
| Sale price a project | $4,201 | $4,000 | $9,515 | $1,576 | 31 of 69 (45%) |
| Gross product margin | 45% | 45% | 85% | 35% | 31 of 69 (45%) |
As printed in Item 19. Close rate is accepted quotes divided by total quotes. Sale price is annual gross revenue divided by total projects. Gross product margin is product revenue less product cost, divided by product revenue.
The average franchisee completed 174 projects in 2025 at an average sale price of $4,201. Dividing the $730,016 average revenue by 174 projects gives $4,196*, within $5 of the printed average sale price.
The average close rate was 64%. At that rate, 174 projects come from about 272* quotes in a year. Close rates ran from 25% to 95%.
Projects ranged 112 times* from lowest to highest and sale price 6.0 times*. The median sale price of $4,000 is $201 below the average, while the median project count of 125 is 49 below the average of 174.
Gross product margin averaged 45% and the median was also 45%. It is measured on product revenue alone. Revenue on this page also includes installation, so the 45% does not apply to the full revenue figure.
Spread of results
Spread of results across the 69 franchisees, 2025
| Measure | Highest | Lowest | Highest to lowest * | Average to median * |
|---|---|---|---|---|
| Revenue | $3,074,186 | $40,000 | 77 times | 1.47 times |
| Projects completed | 674 | 6 | 112 times | 1.39 times |
| Sale price a project | $9,515 | $1,576 | 6.0 times | 1.05 times |
| Close rate | 95% | 25% | 3.8 times | 0.98 times |
| Gross product margin | 85% | 35% | 2.4 times | 1.00 times |
Highest and lowest as printed in Item 19. The two ratio columns divide one printed figure by another and are marked *.
Item 19 does not split franchisees into quartiles or other performance bands. For each measure it prints the average, the median, the highest and the lowest result, and how many franchisees reached the average.
Revenue and project count have the widest spreads. Revenue runs 77 times* from lowest to highest and projects 112 times*. Sale price runs 6.0 times* and close rate 3.8 times*.
For revenue and projects, the average sits above the median. Average revenue is 1.47 times* the median and average projects 1.39 times*. For close rate and gross product margin, average and median are within one point of each other.
Fewer franchisees reached the average on revenue (23) and projects (21) than on close rate (36). The survey does not show which franchisees sit at the top of each measure or how long they have been open.
Brand charges
Brand charges
| Charge | As printed | A year * | At the $730,016 average * | At the $496,655 median * |
|---|---|---|---|---|
| Royalty | None listed in Item 6 | $0 | 0% | 0% |
| Brand or advertising fund | None listed in Item 6 | $0 | 0% | 0% |
| Marketing support (Basic) | $100 a month; credited for the first 6 months | $1,200 | ||
| Technology support (Basic) | $150 a month; credited for the first 6 months | $1,800 | ||
| Accounting support (Basic) | $100 a month plus $5 per employee on payroll; credited for the first 6 months | $1,200 plus $60 per employee | ||
| Non-designated supplier products | 5% of approved purchases from non-designated suppliers, paid quarterly | Varies | ||
| Local marketing | 4% of gross sales, recommended, not required | Varies | $29,201 if followed | |
| Minimum Performance Standard | At least $75,000 of approved product purchases each agreement year after the first | |||
| Required fixed fees | $350 a month plus $5 per payroll employee | $4,200 | 0.58% | 0.85% |
Rates and monthly amounts as printed in Item 6 and Item 12. The franchisor may raise the Basic fees by no more than $50 a year. The annual and percentage columns are Averan calculations and leave out the $5 per payroll employee charge.
The required fixed fees total $4,200* a year, 0.58%* of the $730,016 average and 0.85%* of the $496,655 median. At the $40,000 lowest reported revenue, the same $4,200 is 10.5%*. Because the fees do not move with sales, their share of revenue falls as revenue rises.
The three support fees are credited for the first six months of operations. In the first year the required fees come to $2,100* before the per-employee charge. The credit does not apply on renewal.
Designated suppliers pay the franchisor a rebate of 3% to 10% on franchisee window covering purchases. Item 8 reports $1,552,231 of such rebates in 2025, 45% of the franchisor’s $3,433,470 total revenue. The franchisor estimates that 85% to 95% of a franchisee’s ongoing spending goes to required or approved sources.
Products must come from designated suppliers unless the franchisor approves another source. Approved purchases from non-designated suppliers carry a 5% fee, and unreported purchases carry a fee of up to 50% of the amount not reported.
To keep the full territory, a franchisee must buy at least $75,000 of approved product each agreement year after the first. Missing it once lets the franchisor reduce the territory. Missing it in two or more years is a default that allows termination without a right to cure.
Other charges are event-based. Renewal is $6,000. Transfer is 5% of the gross sale price, with a minimum of $10,000 and a maximum of $40,000. Splitting or relocating a territory is $7,500. The annual conference is up to $300 a person.
Cost to open
Cost to open
| Expense | Low | High |
|---|---|---|
| Initial franchise fee | $67,500 | $77,500 |
| Furniture, fixtures and equipment | $0 | $1,000 |
| Computer hardware and software | $100 | $2,000 |
| Office space | $0 | $5,000 |
| Office supplies | $100 | $200 |
| Insurance | $1,000 | $4,000 |
| Initial training expenses | $500 | $1,000 |
| Initial marketing (first 6 months) | $3,000 | $6,000 |
| Professional fees | $2,000 | $3,000 |
| Licenses and permits | $300 | $500 |
| Vehicle and wrap | $1,500 | $2,500 |
| Additional funds (3 months) | $2,000 | $5,000 |
| Total | $78,000 | $107,700 |
As printed in Item 7. Larger territories carry a higher initial fee, set out in Item 5.
The initial franchise fee is $67,500 to $77,500, 86.5%* of the low estimate and 72.0%* of the high. Everything else in Item 7 comes to $10,500 to $30,200*.
The fee depends on territory demographics. Tier 1 is $67,500, Tier 2 is $72,500 and Tier 3 is $77,500 for a 150,000-person territory, set by median household income, median home value and the share of owner-occupied homes. Of the fee, $10,000 relates to training and pre-opening activities and $10,000 to pre-opening materials and products.
The office may be in the owner’s home. It must be separate from living space and dedicated to the business, which is why office space starts at $0. The vehicle line assumes a loan or lease.
The franchisor offers financing of the initial fee, subject to credit approval. Item 7 gives an example of a $50,000 loan at 7% APR over 24 months at about $2,239 a month. The typical time from signing to opening is 60 to 90 days.
Locations
Locations, 2023 to 2025
| Year | Start | Opened | Terminated | Not renewed | Ceased, other | End | Exit rate * |
|---|---|---|---|---|---|---|---|
| 2023 | 101 | 12 | 4 | 0 | 2 | 107 | 5.9% |
| 2024 | 107 | 16 | 6 | 0 | 0 | 117 | 5.6% |
| 2025 | 117 | 21 | 2 | 2 | 3 | 131 | 6.0% |
| 2023 to 2025 | 101 | 49 | 12 | 2 | 5 | 131 |
Counts as printed. No outlets were reacquired by the franchisor. The exit rate is terminations, non-renewals and other cessations divided by outlets at the start of the year. The three-year totals are Averan sums.
Franchised US outlets rose from 101 at the start of 2023 to 131 at the end of 2025, up 29.7%*. Openings rose each year, from 12 to 16 to 21.
19* outlets left the system over the three years. Exits were 5.9%, 5.6% and 6.0%* of the outlets open at the start of each year.
The franchisor operated no outlets of its own in any of the three years. Item 1 adds 17 franchised outlets in Canada at 31 December 2025, which Item 20’s state tables do not include.
Eight outlets changed hands: 5 in 2023, none in 2024 and 3 in 2025. For 2026 the franchisor projects 13 new franchised outlets and 1 company-owned outlet in Texas, with no signed agreements awaiting opening at the end of 2025.
Questions we get asked
Questions owners ask
How much does a Made in the Shade Blinds & More franchise make?
Made in the Shade Blinds & More’s 69 surveyed US franchisees averaged $730,016 of revenue in 2025, with a median of $496,655, according to Item 19 of Made in the Shade Blinds & More’s 2026 FDD, issued 28 April 2026. The 69 in that group are 65%* of Made in the Shade Blinds & More’s 106 eligible US franchisees.
How much does it cost to open a Made in the Shade Blinds & More franchise?
The 2026 FDD estimates $78,000 to $107,700 for a territory of 150,000 people. That includes an initial franchise fee of $67,500, $72,500 or $77,500 depending on territory demographics. Larger territories carry a higher fee. The franchisor offers financing of the initial fee, subject to credit approval.
Does Made in the Shade Blinds & More charge a royalty?
Item 6 lists no royalty and no brand fund fee. The required monthly fees are $100 for marketing, $150 for technology and $100 plus $5 per payroll employee for accounting, $4,200* a year before the per-employee charge, credited for the first six months. Approved purchases from non-designated suppliers carry a 5% fee, and local marketing of 4% of gross sales is recommended.
How does the franchisor earn money without a royalty?
Item 8 states that designated suppliers pay the franchisor a rebate of 3% to 10% on franchisee window covering purchases. These rebates were $1,552,231 in 2025, 45% of the franchisor’s total revenue of $3,433,470.
What is the average revenue of a Made in the Shade Blinds & More franchise?
The 69 US franchisees who answered the February 2026 survey averaged $730,016 of revenue in 2025. The median was $496,655, the highest $3,074,186 and the lowest $40,000. 23 of the 69 reached the average. The survey counted franchisees open before 2025 and still open at the end of it.
How many Made in the Shade Blinds & More locations are there?
Item 20 shows 131 franchised outlets in the United States at 31 December 2025, up from 101 at the start of 2023, and none owned by the franchisor. Item 1 reports a further 17 franchised outlets in Canada.
Is there a minimum sales or purchase requirement?
Yes. To keep the full territory, a franchisee must make at least $75,000 of approved product purchases in each agreement year after the first. Missing it lets the franchisor reduce the territory, and missing it in two or more years allows termination.
Questions worth putting to Made in the Shade Blinds & More
These are questions the filing leaves open. An owner or a buyer can put them to the franchisor directly.
- Is the revenue in Item 19 gross sales or collected revenue, and how many locations sit below the average?
- Which factors does Made in the Shade Blinds & More see in its highest-selling locations, such as territory, years open and staffing?
- How long does a new location take to reach the average you publish, and what does the build-up look like month by month?
- At what level of sales do the minimum charges stop applying and the percentage take over?
- How many Made in the Shade Blinds & More locations closed, were sold, or changed hands last year, and why?
Run your own numbers.
The Franchise Numbers Check runs the same checks on your own numbers. It scores where you stand and compares you with Item 19 of your brand’s FDD. It works out what one location earns and spends, and builds a 13-week cash forecast. It also checks whether you are ready to open another one. It is free and it runs in your browser.
Launch the diagnostic →Reporting for a Made in the Shade Blinds & More owner
We review your unit economics and cash forecast and build your monthly reporting around the figures on this page.
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Questions owners ask next
The figures above raise these, and each one is answered on its own page.
- At what level of sales does a minimum fee stop costing me more than the percentage?It works out the sales level where a minimum fee stops applying.
- How much cash do I fund before a new location covers its own costs?It builds a 13-week forecast for the months before break-even.
- What does this location earn on the money I put into it?It works out the payback period and cash-on-cash return for one unit.
- How much of Item 19 can I rely on?It explains what an Item 19 financial performance representation tells you and what it leaves out.
Where these figures come from
Every figure here comes from Made in the Shade Blinds and More LLC’s 2026 FDD and is unaudited by us. We are unaffiliated with the brand. Calculations of our own are labeled where they appear. The figures describe past performance at other businesses and are not a projection of yours. This page is an educational summary. It is not an offer to sell a franchise, and it is not financial, legal or tax advice. Made in the Shade Blinds & More is a trademark of its owner. How Averan reads a Franchise Disclosure Document.
These figures come from the brand's disclosure. They are not a forecast, an offer to sell a franchise or advice. Source: Made in the Shade Blinds and More LLC, 2026 Franchise Disclosure Document, issued 28 April 2026.