Clothes MentorFashion is a huge industry, and with Clothes […] |
Fashion is a huge industry, and with Clothes Mentor, you can tap into the excitement of the resale market. They've made buying and selling stylish, gently used clothing a breeze for women who are looking for great deals and a sustainable way to shop.
Clothes Mentor's unique business model gives you a winning combination:
Owning a Clothes Mentor franchise means you get:
The initial investment for a Clothes Mentor franchise is between $250,000 and $370,000. This includes a $25,000 franchise fee and a requirement for $90,000 in liquid cash. Your net worth should be at least $400,000. The ongoing royalty fee is 4% of your sales, and you'll also pay an annual advertising fee of around $2000.
Clothes Mentor doesn't grant exclusive territories to new franchisees. This means that you may have to compete with other Clothes Mentor stores in your area. However, by doing thorough market research, you can identify prime locations where you can be the only Clothes Mentor franchise.
Current Clothes Mentor franchisees rave about the support they receive, the strong customer base, and the profitability of the business. Many franchisees have even opened multiple stores.
If you're passionate about fashion and ready to run your own business, a Clothes Mentor franchise might be the perfect fit. Contact them today to learn more and start your journey!
Category Location | N/A |
Number of Units Open | 121 (as of 2023) |
Investment Range | $272,000 - $395,500 |
Master Franchise | N/A |
Home based franchise | YES |
Item 19 Franchise | YES |
Veteran Discount | YES |
Franchise Opportunities in Canada | YES |
International Franchise Opportunities | |
E2/EB5 Visa Franchise | YES |
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