Start-Up Costs and Fees |
||
| Clothes Mentor | Other Mothers | |
| Investment | 193000 - 310000 | 140176 - 202176 |
| 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 |
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| Clothes Mentor | Other Mothers | |
| Experience | Owner/operators or investors with solid operators in mind who possess the following: Ability to learn, yet follow a proven system. Financial capability. A belief in OTHER MOTHERS\TRENDY TRADES to provide highest quality possible for price that moves the merchandise quickly and allows the owners to make their profits in high-volume rather than high prices. A passion for providing merchandise in a clean and friendly store with the look and feel of a new store. | |
Financing Options |
||
| Clothes Mentor | Other Mothers | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| Clothes Mentor | Other Mothers | |
| 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 | Other Mothers | |
| 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 | |
| Other Mothers | |
| Franchise Fee | |
| Clothes Mentor | |
| Other Mothers | |
| Royalty Fee | |
| Clothes Mentor | 4% |
| Other Mothers | |
| Advertising Fee | |
| Clothes Mentor | $2K/yr |
| Other Mothers | |
| Year Founded | |
| Clothes Mentor | 2001 |
| Other Mothers | 0 |
| Year Franchised | |
| Clothes Mentor | 2007 |
| Other Mothers | 0 |
| Term Of Agreement | |
| Clothes Mentor | 10 Years |
| Other Mothers | |
| Renewal Fee | |
| Clothes Mentor | $10K |
| Other Mothers | |
Business Experience Requirements |
|
| Experience | |
| Clothes Mentor | |
| Other Mothers | Owner/operators or investors with solid operators in mind who possess the following: Ability to learn, yet follow a proven system. Financial capability. A belief in OTHER MOTHERS\TRENDY TRADES to provide highest quality possible for price that moves the merchandise quickly and allows the owners to make their profits in high-volume rather than high prices. A passion for providing merchandise in a clean and friendly store with the look and feel of a new store. |
Financing Options |
|
| Franchise Fees | |
| Clothes Mentor | |
| Other Mothers | |
| Start-up Costs | |
| Clothes Mentor | |
| Other Mothers | |
| Equipment | |
| Clothes Mentor} | |
| Other Mothers | |
| Inventory | |
| Clothes Mentor | |
| Other Mothers | |
| Receivables | |
| Clothes Mentor | |
| Other Mothers | |
| Payroll | |
| Clothes Mentor | |
| Other Mothers | |
Training & Support |
|
| Training | |
| Clothes Mentor | On-The-Job Training: 20 hours Classroom Training: 63 hours |
| Other Mothers | |
| 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 |
| Other Mothers | |
| Marketing | |
| Clothes Mentor | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Other Mothers | |
| 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) |
| Other Mothers | |
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 |
| Other Mothers | |
| Canada Expansion | |
| Clothes Mentor | |
| Other Mothers | |
| International Expansion | |
| Clothes Mentor | |
| Other Mothers | |