Total investment:

$ 173,000

Franchise fee:

$ 25,000

Royality fee:

4%

Monthly marketing payment :

$ 0

Number of franchises

Return

Time period

Revenue:

$ 12 000*

* Calculator calculations are provisional, not guaranteed

MAIN INFORMATION

Foundatoin year: 2001

Year of franchising: 2007

Company units:

Franchise units: 134

Total number of units:

Number of employees per unit: 8

Contract period: 60 month

FRANCHISE ONLINE

WEBSITE

Clothes Mentor franchise has been working on the market for more than 12 years and has 140 stores. The company buys and sells like-new brand and designer clothing, shoes and accessories for women. Clothes Mentor store franchise good opportunities are due to their perfect service, well-designed stores, and well-established business processes. Owning a Clothes Mentor franchise means consistent support of a franchise partner in business planning, marketing and choosing a store location. How to open the Clothes Mentor women’s resale clothing store franchise? Read the Clothes Mentor investment information, fees, requirements for sale, cost and profit ratio here and schedule a private web meeting.

How to open a Clothes Mentor franchise?
Ensure you have adequate capitalization.
In order to open a Clothes Mentor women’s resale clothing store franchise, you must have a net worth of more than $400,000.
Appreciate the investment required for a store 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 Mentor franchise owner.
Assess market availability.
You will want to look at the market availability for Clothes Mentor 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 Mentor 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 Mentor 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: 20.5 hours
Classroom Training: 31.5 hours

Net-worth Requirement: $400,000
Liquid Cash Requirement: $90,000; Ad Royalty Fee: $2K/yr


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