Start-Up Costs and Fees |
||
| Clothes Mentor | Style Encore | |
| Investment | 193000 - 310000 | 264200 - 398400 |
| Franchise Fee | ||
| Royalty Fee | 4% | 5% |
| Advertising Fee | $2K/yr | |
| Year Founded | 2001 | 2013 |
| Year Franchised | 2007 | 2013 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Clothes Mentor | Style Encore | |
| Experience | To be a successful Style Encore franchisee requires proper capitalization, hard work and people skills. It isn't for everyone. While having knowledge of fashion is helpful, our comprehensive training program will provide you with the tools and skills you need to be successful. If you are motivated, organized, enjoy working with the public, and can diligently follow our proven system, you are a good candidate for a Style Encore franchise. | |
Financing Options |
||
| Clothes Mentor | Style Encore | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| Clothes Mentor | Style Encore | |
| Training | On-The-Job Training: 20 hours Classroom Training: 63 hours | Winmark provides over 75 hours of classroom instruction and in-store training on the following: business plans, retail site selection, store set-up, computer training, advertising and marketing, and store operations. Our computer support center offers access to technicians who provide assistance with hardware, software and operational questions seven days a week. |
| 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 | 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 | Style Encore | |
| 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 | 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 | Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Clothes Mentor | |
| Style Encore | |
| Franchise Fee | |
| Clothes Mentor | |
| Style Encore | |
| Royalty Fee | |
| Clothes Mentor | 4% |
| Style Encore | 5% |
| Advertising Fee | |
| Clothes Mentor | $2K/yr |
| Style Encore | |
| Year Founded | |
| Clothes Mentor | 2001 |
| Style Encore | 2013 |
| Year Franchised | |
| Clothes Mentor | 2007 |
| Style Encore | 2013 |
| Term Of Agreement | |
| Clothes Mentor | 10 Years |
| Style Encore | 10 years |
| Renewal Fee | |
| Clothes Mentor | $10K |
| Style Encore | $5K |
Business Experience Requirements |
|
| Experience | |
| Clothes Mentor | |
| Style Encore | To be a successful Style Encore franchisee requires proper capitalization, hard work and people skills. It isn't for everyone. While having knowledge of fashion is helpful, our comprehensive training program will provide you with the tools and skills you need to be successful. If you are motivated, organized, enjoy working with the public, and can diligently follow our proven system, you are a good candidate for a Style Encore franchise. |
Financing Options |
|
| Franchise Fees | |
| Clothes Mentor | |
| Style Encore | |
| Start-up Costs | |
| Clothes Mentor | |
| Style Encore | |
| Equipment | |
| Clothes Mentor} | |
| Style Encore | |
| Inventory | |
| Clothes Mentor | |
| Style Encore | |
| Receivables | |
| Clothes Mentor | |
| Style Encore | |
| Payroll | |
| Clothes Mentor | |
| Style Encore | |
Training & Support |
|
| Training | |
| Clothes Mentor | On-The-Job Training: 20 hours Classroom Training: 63 hours |
| Style Encore | Winmark provides over 75 hours of classroom instruction and in-store training on the following: business plans, retail site selection, store set-up, computer training, advertising and marketing, and store operations. Our computer support center offers access to technicians who provide assistance with hardware, software and operational questions seven days a week. |
| 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 |
| Style Encore | |
| Marketing | |
| Clothes Mentor | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Style Encore | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| 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) |
| Style Encore | |
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 |
| Style Encore | 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 | |
| Clothes Mentor | |
| Style Encore | Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory |
| International Expansion | |
| Clothes Mentor | |
| Style Encore | |