Start-Up Costs and Fees |
||
| Clothes Mentor | Beat The Bookstore | |
| Investment | 193000 - 310000 | 138850 - 348050 |
| Franchise Fee | ||
| Royalty Fee | 4% | |
| Advertising Fee | $2K/yr | |
| Year Founded | 2001 | 0 |
| Year Franchised | 2007 | 0 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Clothes Mentor | Beat The Bookstore | |
| Experience | ||
Financing Options |
||
| Clothes Mentor | Beat The Bookstore | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| Clothes Mentor | Beat The Bookstore | |
| Training | On-The-Job Training: 20 hours Classroom Training: 63 hours | |
| Support | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform | |
| Marketing | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app | |
| Operations | * 50% of all franchisees own more than one unit * Number of employees needed to run franchised unit: 8 * Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | |
Expansion Plans |
||
| Clothes Mentor | Beat The Bookstore | |
| US Expansion | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming | |
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Clothes Mentor | |
| Beat The Bookstore | |
| Franchise Fee | |
| Clothes Mentor | |
| Beat The Bookstore | |
| Royalty Fee | |
| Clothes Mentor | 4% |
| Beat The Bookstore | |
| Advertising Fee | |
| Clothes Mentor | $2K/yr |
| Beat The Bookstore | |
| Year Founded | |
| Clothes Mentor | 2001 |
| Beat The Bookstore | 0 |
| Year Franchised | |
| Clothes Mentor | 2007 |
| Beat The Bookstore | 0 |
| Term Of Agreement | |
| Clothes Mentor | 10 Years |
| Beat The Bookstore | |
| Renewal Fee | |
| Clothes Mentor | $10K |
| Beat The Bookstore | |
Business Experience Requirements |
|
| Experience | |
| Clothes Mentor | |
| Beat The Bookstore | |
Financing Options |
|
| Franchise Fees | |
| Clothes Mentor | |
| Beat The Bookstore | |
| Start-up Costs | |
| Clothes Mentor | |
| Beat The Bookstore | |
| Equipment | |
| Clothes Mentor} | |
| Beat The Bookstore | |
| Inventory | |
| Clothes Mentor | |
| Beat The Bookstore | |
| Receivables | |
| Clothes Mentor | |
| Beat The Bookstore | |
| Payroll | |
| Clothes Mentor | |
| Beat The Bookstore | |
Training & Support |
|
| Training | |
| Clothes Mentor | On-The-Job Training: 20 hours Classroom Training: 63 hours |
| Beat The Bookstore | |
| Support | |
| Clothes Mentor | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Beat The Bookstore | |
| Marketing | |
| Clothes Mentor | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Beat The Bookstore | |
| Operations | |
| Clothes Mentor | * 50% of all franchisees own more than one unit * Number of employees needed to run franchised unit: 8 * Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
| Beat The Bookstore | |
Expansion Plans |
|
| US Expansion | |
| Clothes Mentor | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| Beat The Bookstore | |
| Canada Expansion | |
| Clothes Mentor | |
| Beat The Bookstore | |
| International Expansion | |
| Clothes Mentor | |
| Beat The Bookstore | |