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Spring Creast Draperies

Spring Creast Draperies

2 locations

Spring Creast Draperies currently operates 2 locations (2 franchised). The top SBA 7(a) lenders for Spring Creast Draperies are Old National Bank and U.S. Bank. PeerSense FPI health score: 45/100.

Total Units

2

2 franchised

FPI Score
Low
45

Proprietary PeerSense metric

Fair
Capital Partners
2lenders available

Active capital sources verified for Spring Creast Draperies financing

SBA

7(a) Eligible

21d

Avg Funding

P+2.25%

Best Rate

No retainers · Referral fee at closing

FPI Score Breakdown

New/Niche (1-2 loans)

Limited Data
45out of 100
Fair

SBA Lending Performance

SBA Default Rate

0.0%

0 of 2 loans charged off

SBA Loans

2

Total Volume

$0.3M

Active Lenders

2

States

2

Top SBA Lenders for Spring Creast Draperies

What is the Spring Creast Draperies franchise?

The question every serious franchise investor should ask before writing a check is not "Does this brand have name recognition?" but rather "Does this system have the structural integrity to survive and generate returns?" For Spring Creast Draperies, that question carries particular weight, given the layered and historically significant legacy of the broader Spring Crest brand in the American custom window treatment industry. The original Spring Crest Co., founded by John H. Hancock and his brother-in-law Jim Brooks, built what it legitimately claimed was the world's largest franchiser of custom drapery stores, operating 300 franchised outlets across the United States and seven foreign countries by 1985. That same year, Jack W. Long and Richard D. Jones acquired a significant portion of Spring Crest Co. of Brea, California, in a transaction that ended three decades of family ownership while keeping John H. Hancock as chairman, with Long transitioning to President on July 1, 1985. The Brea, California headquarters and manufacturing facility employed approximately 50 people, and Spring Crest Co. reported that retail sales across its franchise network totaled $50 million in 1984, a figure that underscores the commercial viability of custom drapery as a franchise category. Spring Creast Draperies, the entity analyzed in this profile, currently operates 2 franchised units and 0 company-owned locations, with a PeerSense FPI Score of 45, rated Fair. Its website is listed at creast.network, positioning it as an emerging or restructured entrant in a category with documented multi-decade franchise history. The global window covering market was valued at USD 14.39 billion in 2024, providing a substantial total addressable market for any brand capable of capturing consumer demand in custom drapery, blinds, shades, and related window treatments. For investors evaluating this franchise opportunity, understanding both the historical context of the Spring Crest brand lineage and the current stage of the Spring Creast Draperies franchise system is foundational due diligence.

The window covering industry is one of the more compelling franchise categories available to investors in 2025, driven by structural tailwinds that show no sign of reversing. The global window coverings market was estimated at USD 34.50 billion in 2023 and is projected to reach USD 60.16 billion by 2030, representing a compound annual growth rate of 8.5% from 2024 to 2030. A separate market segment analysis values the curtains and window blinds market at over USD 26.1 billion in 2025, with projections exceeding USD 44.58 billion by 2035, reflecting a CAGR above 5.5% over the forecast period. North America dominated the global window covering market in 2024 with a 41.3% revenue share, driven primarily by U.S. housing sector growth and elevated consumer spending on home upgrades, a demographic and economic trend that directly benefits service-based franchise operators in this category. The retrofit and remodeling segment led the market with a 57% share of global revenue in 2023, meaning the majority of consumer spending is not contingent on new construction but rather on existing homeowners investing in aesthetic and functional improvements, a recession-resistant characteristic that investors find attractive. The curtains and drapes segment specifically is projected to capture the highest market share by 2035, attributed to increasing adoption driven by affordability, aesthetic appeal, and energy efficiency benefits. Offline distribution channels still account for approximately 85% of revenue in 2023, confirming that in-home consultations and showroom experiences remain central to the purchasing decision in this category. Smart home integration and motorized window treatment solutions are emerging as a high-growth subsegment, with companies like Hogar Controls showcasing smart curtain motors at industry expos in 2024, signaling that technology is becoming a differentiator in what was historically a purely craft-based business. The high-end curtain market alone was valued at USD 4.49 billion in 2024 and is projected to grow to USD 6.61 billion by 2033, indicating meaningful premiumization trends that favor operators capable of delivering custom, high-quality workmanship.

Evaluating the Spring Creast Draperies franchise investment requires acknowledging upfront that specific financial parameters including the franchise fee, total investment range, royalty rate, advertising fund contribution, liquid capital requirement, and net worth requirement are not detailed in the currently available information for this brand. That reality itself is an important data point for any prospective investor. To provide meaningful context, industry benchmarks for comparable franchise categories show that initial franchise fees in the home services and custom window treatment sector typically range from $20,000 to $50,000, with some home-based business models entering as low as $695 and rarely exceeding $34,500 at the lower end of the market. Ongoing royalty fees in this category generally range from 4% to 8% of gross sales, with some operators advertising zero-royalty models as a competitive recruitment tool. The average franchise development budget across all categories in 2025 has surged to $1.02 million, a 39% increase from 2024 figures, reflecting broader inflationary pressures on build-out costs, equipment procurement, and initial inventory. For a service-oriented custom drapery franchise, investment requirements are generally more favorable than brick-and-mortar retail concepts, since the core operational model can be executed from a showroom or even a mobile consultation model with lower real estate overhead than food service or fitness concepts. Financial advisors and franchise consultants broadly recommend maintaining at least $20,000 in working capital beyond initial startup costs to cover business licensing, permitting, advertising collateral production, and the operational runway needed before reaching breakeven. Investors considering the Spring Creast Draperies franchise opportunity should request the current Franchise Disclosure Document directly from the franchisor at creast.network to obtain precise figures on all fee structures, as those numbers are the foundation of any credible return-on-investment analysis. The system's current scale of 2 franchised units also means that investors are evaluating an early-stage franchise system, which carries a fundamentally different risk-reward profile than a mature network with hundreds of locations and years of disclosed financial performance data.

Daily operations for a custom drapery franchise follow a consultative service model that is meaningfully different from product-only retail. The historical Spring Crest Co. franchise system, which operated 300 locations and trained franchisees at its dedicated facility called "Pleater University," demonstrated that skill development and product knowledge are central to franchisee performance in this category. Spring Crest Custom Draperies in Las Cruces, New Mexico, a former Spring Crest Co. franchisee that launched as store number 186 on January 15, 1976, offers a living case study of what successful long-term operations look like in this business model: the Las Cruces team handles every step of the client process, from in-home measurement and fabric selection through manufacturing, delivery, and professional installation, entirely without relying on outside contractors. That vertically integrated operational approach gives franchisees flexibility in scheduling and direct quality control over the finished product. Staffing in this model typically requires consultants capable of guiding clients through fabric selection, measuring for precision fits, and coordinating installation, with the Las Cruces operation currently run by Rob Kosnick as President alongside his daughter Jenni, who joined full-time in 2009, and his son Ryan, who returned to the family business in 2023. The consultative nature of the business means that owner-operator engagement is typically higher than in passive franchise models, as client relationships and design expertise are core to the value proposition. Franchise systems in this category that provide robust initial training on product knowledge, measurement techniques, and installation, as well as ongoing professional development aligned with industry innovations such as motorized blinds and smart home integrations, tend to produce higher customer satisfaction outcomes. For Spring Creast Draperies specifically, prospective franchisees should inquire directly about the training program curriculum, field support structure, technology platforms, and territory exclusivity terms, as these variables materially affect the probability of operational success at the unit level.

Item 19 financial performance data is not disclosed in the current Franchise Disclosure Document for Spring Creast Draperies. This is a critical disclosure gap that every prospective investor must weigh carefully. Approximately 66% of franchisors now include financial performance representations in their FDD, meaning the absence of Item 19 places Spring Creast Draperies in the minority of franchise systems that do not provide earnings benchmarks to prospective buyers. The reasons franchisors omit Item 19 disclosure vary: the system may be too early-stage to have statistically meaningful data, the franchisor may be deliberately cautious about making claims it cannot substantively support, or the performance data may not be compelling enough to serve as a recruitment tool. With only 2 franchised units currently in operation, the Spring Creast Draperies system does not yet have the unit count necessary to produce statistically reliable average and median revenue disclosures. For contextual benchmarking, the historical Spring Crest Co. system generated $50 million in aggregate retail sales across its franchise network in 1984, suggesting a per-unit average of approximately $167,000 at a time when the network had around 300 locations, though this figure predates modern cost structures and product mix evolution. Today's window covering market dynamics, with the residential segment accounting for over 55% of global revenue and the high-end curtain market growing at a 4.4% CAGR toward USD 6.61 billion by 2033, suggest that well-operated custom drapery businesses serving quality-conscious homeowners can generate revenues that support viable franchise economics. Investors should also note that the Asia Pacific window covering market is expected to grow at the fastest CAGR of 10.6% from 2024 to 2030, indicating potential international expansion opportunities for brands with scalable systems. Until Spring Creast Draperies discloses Item 19 data or expands its franchised unit count to a scale that enables meaningful benchmarking, prospective investors must conduct independent financial modeling using local market research, comparable operator interviews, and conservative revenue assumptions.

The current growth trajectory of the Spring Creast Draperies franchise system reflects a system at its earliest formation stage, with 2 franchised units and a creast.network digital presence that suggests active development activity. For context, the original Spring Crest Co. had scaled to 300 franchised outlets in the United States and seven foreign countries by 1985, a trajectory that began from similarly modest origins and accelerated through systematic franchisee recruitment and operational standardization. The broader window covering industry has seen notable M&A and partnership activity in recent years that signals robust investor confidence in the category: in May 2023, The Shade Store merged with Custom Decorators to broaden its custom window treatment services and customer base, while in February 2023, Restoration Hardware acquired Italian luxury brand Missoni Home to expand its high-end home textile offerings. In March 2024, Sedar Global opened two new locations in Tabuk, Saudi Arabia, and Dubai Festival Plaza as part of its MENA expansion strategy, demonstrating that custom window treatment businesses are scaling internationally. Within the Spring Crest brand heritage, Spring Crest Custom Draperies in Las Cruces has built a competitive moat through partnerships with industry leaders including Hunter Douglas, Alta Window Fashions, and Carole Fabrics, demonstrating that supplier relationships are a meaningful source of product differentiation in this category. The Spring Creast Draperies system's competitive advantage will ultimately be determined by whether it can replicate the consultative, quality-driven service model that has sustained independent Spring Crest branded operators for nearly five decades, and whether the franchisor can provide the infrastructure, supplier access, and brand positioning necessary to compete in local markets against both independent operators and established franchise networks. The PeerSense FPI Score of 45, rated Fair, reflects the current early-stage nature of the system and underscores the importance of ongoing due diligence as the franchise adds units and potentially adds financial performance disclosure over time.

The ideal franchisee for Spring Creast Draperies is someone who combines a genuine passion for interior design and home aesthetics with the operational discipline required to manage a consultative service business from client acquisition through installation. The historical Spring Crest Co. franchise network included operators like Jack Kosnick, a USAF Lieutenant Colonel, and his wife Donna Kosnick, who leveraged military-developed discipline and operational precision to build a business that has now spanned four generations, survived nearly five decades, and expanded to serve both Las Cruces, New Mexico, and El Paso, Texas, from a showroom at 2310 Temple Street. That biographical detail is instructive: franchisees with project management backgrounds, attention to detail, and strong client relationship skills tend to perform well in custom service categories where product outcomes are highly personalized and client expectations are correspondingly high. Multi-unit expansion in this category is feasible once an operator has mastered the single-unit operational model, particularly in markets where residential construction and home renovation activity are structurally elevated, which in 2024 was especially pronounced in Sun Belt metropolitan areas and other high-growth housing markets. Investors with backgrounds in interior design, home services, construction, or retail who are looking for a franchise opportunity in a market projected to exceed USD 44.58 billion in the curtains and window blinds segment alone by 2035 should evaluate Spring Creast Draperies as part of a broader category comparison. Prospective franchisees should specifically request clarity on available territories, exclusivity protections, agreement term length, renewal conditions, and transfer and resale provisions before executing any franchise agreement, as these structural terms directly affect the long-term value of the investment.

Spring Creast Draperies presents a franchise opportunity that demands rigorous, independent due diligence precisely because of its early-stage positioning in a category with documented long-term commercial viability. The window covering industry's projected growth from USD 14.39 billion in 2024 to USD 22.71 billion by 2033 at a 5.2% CAGR, combined with North America's dominant 41.3% market share position, creates a favorable macro environment for operators who can deliver quality, customization, and service excellence. The Spring Crest brand lineage, which at its historical peak represented 300 franchise outlets, $50 million in annual retail sales, and operations in seven countries, demonstrates that the custom drapery franchise category can support substantial scale when the operational model is well-executed. At the same time, the current 2-unit count, the absence of Item 19 financial performance disclosure, and the Fair FPI Score of 45 signal that investors are evaluating a system that carries early-stage risk alongside early-stage upside. PeerSense provides exclusive due diligence data including SBA lending history, FPI score, location maps with Google ratings, FDD financial data, and side-by-side comparison tools that allow investors to benchmark Spring Creast Draperies against comparable franchise systems across the home services and specialty retail categories. Making a franchise investment decision without accessing independent, data-driven analysis is the single most common and most costly mistake franchise investors make, and the window treatment category, despite its attractive market fundamentals, is not immune to the unit-level execution risks that determine whether a franchisee succeeds or struggles. Explore the complete Spring Creast Draperies franchise profile on PeerSense to access the full suite of independent franchise intelligence data.

FPI Score

45/100

SBA Default Rate

0.0%

Active Lenders

2

Key Highlights

Low SBA default rate (0.0%)

Data Insights

Key performance metrics for Spring Creast Draperies based on SBA lending data

SBA Default Rate

0.0%

0 of 2 loans charged off

SBA Loan Volume

2 loans

Across 2 lenders

Lender Diversity

2 lenders

Avg 1.0 loans per lender

Spring Creast Draperies — Deep SBA Data

Brand-specific metrics derived directly from SBA 7(a) approval records — peak lending year, leading state, average loan size, and lender concentration. PeerSense computes these per brand so capital advisors and prospective franchisees can benchmark this opportunity against the rest of the franchise universe.

Peak SBA Year

1996

1 approvals — best year on record for Spring Creast Draperies.

Top SBA State

Missouri

1 SBA-financed Spring Creast Draperies locations — the densest operator footprint.

Average Loan Size

$169K

Median $169K — use as a sizing anchor when modeling your own $Spring Creast Draperies unit.

Lender Concentration

100%

Concentrated

Share of Spring Creast Draperies approvals captured by the top 3 SBA lenders.

Spring Creast Draperies's SBA lending pipeline peaked in 1996 (1 approvals). Operator density is highest in Missouri with 1 SBA-financed locations. Average funded ticket sits at $169K, with the median at $169K. Lender mix is concentrated: the top three SBA lenders account for 100% of approvals — credit decisions concentrate with a small group of incumbents.

Payment Estimator

Loan Amount$400K
Interest Rate9.5%
Term (Years)10 yr

Estimated Monthly Payment

$5,176

Principal & Interest only

Locations

Spring Creast Draperiesunit breakdown

Total Units
N/A
Franchisee Owned
System Owned
Closed

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Spring Creast Draperies