Clothes Mentor vs Renaissance Fine Consignment Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Clothes Mentor vs Renaissance Fine Consignment including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
  Clothes Mentor Renaissance Fine Consignment
Investment 193000 - 310000 86175 - 227000
Franchise Fee
Royalty Fee 4% 4%
Advertising Fee $2K/yr
Year Founded 2001 1997
Year Franchised 2007 2010
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements
  Clothes Mentor Renaissance Fine Consignment
Experience Renaissance Consignment is seeking individual franchise partners throughout the United States as well as multi-unit development partners domestically and internationally. To be considered, individuals or partnerships must meet the following minimum criteria: *Demonstrated enthusiasm, drive, and passion *Management Experience *Love working with Retail and Fashion *Minimum financial net worth of $75,000

Financing Options
  Clothes Mentor Renaissance Fine Consignment
 
Franchise Fees
Start-up Costs
Equipment
Inventory
Receivables
Payroll

Training & Support
  Clothes Mentor Renaissance Fine Consignment
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 Real Estate and Site Selection Lease Approval Pre-opening Management Training Vendors and Equipment Opening Support Information Technology Marketing and Public Relations Operations Support Purchasing and Distribution
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 Renaissance Fine Consignment
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
Renaissance Fine Consignment
Franchise Fee
Clothes Mentor
Renaissance Fine Consignment
Royalty Fee
Clothes Mentor 4%
Renaissance Fine Consignment 4%
Advertising Fee
Clothes Mentor $2K/yr
Renaissance Fine Consignment
Year Founded
Clothes Mentor 2001
Renaissance Fine Consignment 1997
Year Franchised
Clothes Mentor 2007
Renaissance Fine Consignment 2010
Term Of Agreement
Clothes Mentor 10 Years
Renaissance Fine Consignment
Renewal Fee
Clothes Mentor $10K
Renaissance Fine Consignment


Business Experience Requirements
Experience
Clothes Mentor
Renaissance Fine Consignment Renaissance Consignment is seeking individual franchise partners throughout the United States as well as multi-unit development partners domestically and internationally. To be considered, individuals or partnerships must meet the following minimum criteria: *Demonstrated enthusiasm, drive, and passion *Management Experience *Love working with Retail and Fashion *Minimum financial net worth of $75,000

Financing Options
 
Franchise Fees
Clothes Mentor
Renaissance Fine Consignment
Start-up Costs
Clothes Mentor
Renaissance Fine Consignment
Equipment
Clothes Mentor}
Renaissance Fine Consignment
Inventory
Clothes Mentor
Renaissance Fine Consignment
Receivables
Clothes Mentor
Renaissance Fine Consignment
Payroll
Clothes Mentor
Renaissance Fine Consignment

Training & Support
Training
Clothes Mentor On-The-Job Training: 20 hours Classroom Training: 63 hours
Renaissance Fine Consignment
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
Renaissance Fine Consignment Real Estate and Site Selection Lease Approval Pre-opening Management Training Vendors and Equipment Opening Support Information Technology Marketing and Public Relations Operations Support Purchasing and Distribution
Marketing
Clothes Mentor Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app
Renaissance Fine Consignment
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)
Renaissance Fine Consignment

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
Renaissance Fine Consignment
Canada Expansion
Clothes Mentor
Renaissance Fine Consignment
International Expansion
Clothes Mentor
Renaissance Fine Consignment