Today 14 June
Updated 14 september 2018

Franchise Clothes Mentor

Investments

$226,500

Franchise fee

$25,000

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Short information

$226,500

$226,500

Investments

$75,000

$75,000

Minimum Cash

2

2

Wishing to buy

2001

2001

Year Brand Started

146

146

Offices

2007

2007

Year Franchising Started

Franchise Clothes Mentor

Investments

$226,500

Offices

146

Franchise Fee

25000

Short information

2001

Year Brand Started

2007

Year Franchising Started

About Franchise

Clothes Mentor’s concept of buying and selling gently used name-brand and designer clothing, shoes and accessories resonates with women in so many communities nationwide. The brand’s reach continues to grow rapidly, but there are still many opportunities available for you to open a Clothes Mentor store of your own. Submit your email address using the form on this page and we’ll reach out to you with more information.

Franchise Clothes Mentor

Own a Clothes Mentor store of your own, and enjoy ultra-high gross profit margins selling gently-used women’s fashion apparel, shoes, accessories and designer purses.

  • RESALE IS HOT! It’s more prevalent and accepted than ever.
  • In just 11 years, Clothes Mentor has grown to 146 locations across 30 states.
  • Utilizing the proven system tools & training, stores consistently realize about60% Gross Profit Margin (GPM), considerably higher than traditional specialty retailers.
  • This very high GPM allows you to scale up your business. You can afford staff and a store manager. Work “on your business” versus covering shifts “in your business”. Manage your staff while building your revenue using advertising/marketing tools provided by Clothes Mentor.
  • Over 30% of Clothes Mentor owners have opened additional stores … further building wealth.
  • Resale Industry growth is now 7%+ annually. Women’s Fashions Industry: $115 Billion annually.
  • Ranked one of the “Fastest Growing Franchises” and in the top “Franchise 500” by Entrepreneur Magazine.
  • Clothes Mentor owners contribute to a GREEN environment! Resale is the ultimate for repurposing!
  • An affordable modern store design to really stand out, yet fit right in next to other national retailers = traffic and visibility.
  • Proprietary, cloud-based Point-of-Sale System. This hardware/software solution offers you an industrial-strength tool to measure and manage your inventory, staff performance and cash flow efficiently. You can run reporting remotely and benchmark your store against others system-wide.
  • Top 75% of stores range between $434k to as high as $1.7m in annual sales revenue.
  • Top 50% of stores: Average Net Profit $126k.*
  • Top 25% of stores: Average Net Profit $188k.*

Franchise Clothes Mentor

What does all this mean for YOU?

  • YOU are backed by an industry-leading franchise with intensive start-up training and ongoing advocacy.
  • Your success is supported from site selection, financing assistance, exceptional operating system and superior ROI; the Clothes Mentor success model and over 25 years of franchise experience work for YOU!
  • A proven, yet customizable, 4-step franchise award process ensures a mutual alignment that the Clothes Mentor brand is the right match for YOU.
  • WIN/WIN!: a unique,quality experience for your loyal customers, and a superior investment for YOU.

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Finance Information

Investments: $226,500 – $349,000

Franchise fee: $25,000

Royalty fee: 4%

Minimum Cash: $75,000

Net Worth: $400,000

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Training

Yes

Business Type

Franchise

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