Start-Up Costs and Fees |
||
| Clothes Mentor | Hope Chest for Breast Cancer | |
| Investment | 193000 - 310000 | 95600 - 155300 |
| Franchise Fee | ||
| Royalty Fee | 4% | |
| Advertising Fee | $2K/yr | |
| Year Founded | 2001 | 2002 |
| Year Franchised | 2007 | 2006 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Clothes Mentor | Hope Chest for Breast Cancer | |
| Experience | ||
Financing Options |
||
| Clothes Mentor | Hope Chest for Breast Cancer | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| Clothes Mentor | Hope Chest for Breast Cancer | |
| 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 | Hope Chest for Breast Cancer | |
| 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 | 0 | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Clothes Mentor | |
| Hope Chest for Breast Cancer | |
| Franchise Fee | |
| Clothes Mentor | |
| Hope Chest for Breast Cancer | |
| Royalty Fee | |
| Clothes Mentor | 4% |
| Hope Chest for Breast Cancer | |
| Advertising Fee | |
| Clothes Mentor | $2K/yr |
| Hope Chest for Breast Cancer | |
| Year Founded | |
| Clothes Mentor | 2001 |
| Hope Chest for Breast Cancer | 2002 |
| Year Franchised | |
| Clothes Mentor | 2007 |
| Hope Chest for Breast Cancer | 2006 |
| Term Of Agreement | |
| Clothes Mentor | 10 Years |
| Hope Chest for Breast Cancer | |
| Renewal Fee | |
| Clothes Mentor | $10K |
| Hope Chest for Breast Cancer | |
Business Experience Requirements |
|
| Experience | |
| Clothes Mentor | |
| Hope Chest for Breast Cancer | |
Financing Options |
|
| Franchise Fees | |
| Clothes Mentor | |
| Hope Chest for Breast Cancer | |
| Start-up Costs | |
| Clothes Mentor | |
| Hope Chest for Breast Cancer | |
| Equipment | |
| Clothes Mentor} | |
| Hope Chest for Breast Cancer | |
| Inventory | |
| Clothes Mentor | |
| Hope Chest for Breast Cancer | |
| Receivables | |
| Clothes Mentor | |
| Hope Chest for Breast Cancer | |
| Payroll | |
| Clothes Mentor | |
| Hope Chest for Breast Cancer | |
Training & Support |
|
| Training | |
| Clothes Mentor | On-The-Job Training: 20 hours Classroom Training: 63 hours |
| Hope Chest for Breast Cancer | |
| 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 |
| Hope Chest for Breast Cancer | |
| Marketing | |
| Clothes Mentor | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Hope Chest for Breast Cancer | |
| 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) |
| Hope Chest for Breast Cancer | |
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 |
| Hope Chest for Breast Cancer | |
| Canada Expansion | |
| Clothes Mentor | |
| Hope Chest for Breast Cancer | 0 |
| International Expansion | |
| Clothes Mentor | |
| Hope Chest for Breast Cancer | |