Listing Logo

Clothes Mentor

Fashion is a huge industry, and with Clothes […]

Interested in Franchise ownership?

Franchise Costs and Requirements

Franchise Details

Year Established: 2001
Category Locations: N/A
Available Ownership Type: N/A
Corporate HQ City:
Corporate HQ State:
Investment Range: $272,000
Canada Franchising: Yes
Latin America Franchising: Yes
India Franchising: Yes
Royalty Percentage: 4%%
Veteran Discount: Yes
E2/EB5 Visas: Yes
Master Franchise Opportunities: Yes

Background

Is a Clothes Mentor Franchise Right for You?

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.

Why Choose Clothes Mentor?

Clothes Mentor's unique business model gives you a winning combination:

  • A Thriving Market: Women love finding great deals on trendy clothes, purses, and accessories, and Clothes Mentor provides that.
  • Eco-Conscious Appeal: Customers appreciate the opportunity to shop sustainably and reduce their fashion footprint.
  • High-Profit Potential: Clothes Mentor stores often have excellent profit margins, allowing you to grow your business quickly.
  • Strong Brand Recognition: Clothes Mentor has a well-established brand that attracts customers and inspires trust.
  • Loyal Customer Base: People who love Clothes Mentor often return for more, ensuring a steady stream of business.

What's in it for You?

Owning a Clothes Mentor franchise means you get:

  • Proven Business Model: Clothes Mentor has a successful formula that you can leverage.
  • Comprehensive Training: You'll get the support you need to run your business successfully, from classroom training to hands-on experience.
  • Marketing Support: Clothes Mentor provides resources and tools to help you attract customers and build your brand.
  • Financial Assistance: Clothes Mentor offers franchise fee rebates for veterans and has relationships with lending institutions to help you secure financing.

Franchise Costs

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.

Exclusive Territories

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.

What Franchisees Say

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.

Ready to Get Started?

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!

Support & Training offered by Clothes Mentor

Additional Information

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
The Franchise Yellow Pages (FYP) is an internationally recognized franchise information site. FYP supports business owners through the process of identifying and investing in franchise businesses. FYP showcases thousands of franchise brands for educational purposes. We do not represent all franchises listed here. By clicking on “Request Free Information” and “Request a Consultation,” you are agreeing to be contacted by a Franchise Consultant to discuss franchise ownership.
Stay Informed with Franchise Journal

Get Exclusive Updates and Insider Tips on Franchising.

Subscribe to Our Newsletter
Begin Your Journey To Independence with The Franchise Consulting Company

Get Exclusive Insights and Request a Free Consultation to Explore Franchise Opportunities.

Request Your Free Consultation Today
Discover the Best Franchise Opportunities at The Great American Franchise Expo

America's Premier Franchise Tradeshow - Speak Face to Face with Top Franchise Concepts.

Register Now!
Hide This Bar
image