Total investment:

$ 156,100

Franchise fee:

$ 40,000

Royalty fee:

$6/bin/wk

Marketing fee:

$ 0

Number of franchises

Return

Time period

Revenue:

$ 12 000*

* Calculator calculations are provisional, not guaranteed

MAIN INFORMATION

Year founded: 2014

Franchise since: 2015

Company owned units:

Franchise owned units: 29

Total number of units:

Number of employees per unit:

Contract period: 60 month

FRANCHISE ONLINE

WEBSITE

Clothes Bin franchise is a business that is more relevant than ever, first of all for nature. It collects clothes, shoes, and textiles for further recycling or selling. Clothes Bin textile recycling franchise opportunities are promising. Your bins will make money while you sleep or engaged with another work. It’s an affordable franchise and it shows a favorable cost and profit ratio. You will make your helpful part for Mother Nature by owning a Clothes Bin green franchise. How to start the Clothes Bin eco-friendly franchise? Look at the franchise fees, investment information, and requirements and make sure that Clothes Bin is a very good deal amongst those for sale.

How to open a Clothes Bin franchise?
Ensure you have adequate capitalization.
In order to open the Clothes Bin textile recycling franchise, you must have a net worth of $300,000.
Appreciate the investment required for a restaurant franchise.
You will need to consider real estate costs, the cost of equipment and signs, the costs of licenses and permits, the cost of uniforms, the cost of insurance, etc.
Evaluate your prior experience and strengths.
You should thoroughly evaluate your prior business experience before applying to become a Clothes Bin eco-friendly franchise owner.
Assess market availability.
You will want to look at the market availability for Clothes Bin franchises and see if there are available markets in your location of interest before proceeding with the franchising application.
Submit your application.
Your application will be reviewed by the Clothes Bin franchise team. You will be emailed a confirmation receipt upon reception of your online application, where we will additionally provide the contact details of the franchise owner.
Receive approval & opening your Clothes Bin franchise.
You will receive franchise approval once your financial and background checks are completed. Approval will only be given to candidates who meet all the requirements of franchise owners.

On-The-Job Training: 48-56 hours
Classroom Training: 4 hours

Net-worth Requirement: $300,000
Liquid Cash Requirement: $75,000;


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