In 1992, just a week before launching a brand new window treatment installation company, Budget Blinds, Chad Hallock broke his foot while water-skiing.courtesy of Chad Hallock
The company's five founders—Jackson, Lewis, Forbes and the Hallock brothers—sold their stakes three years ago when the enterprise was acquired by Trilantic Capital Partners for an undisclosed sum. In 1995, to spur growth, Budget Blinds raised its franchise fee to $25,000 in order to incentivize franchise brokers, whose job was to lead prospective franchisees to the brand in exchange for a cut of the franchise fee. By 1998, Budget Blinds had sold 50 locations, and the following four years saw another 150 added to the tally.
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