Start-Up Costs and Fees |
||
| Clothes Mentor | Terri's Consign & Design Furnishings | |
| Investment | 193000 - 310000 | 76000 - 271000 |
| Franchise Fee | 0 | |
| 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 | Terri's Consign & Design Furnishings | |
| Experience | ||
Financing Options |
||
| Clothes Mentor | Terri's Consign & Design Furnishings | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| Clothes Mentor | Terri's Consign & Design Furnishings | |
| 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 | Terri's Consign & Design Furnishings | |
| 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 | |
| Terri's Consign & Design Furnishings | |
| Franchise Fee | |
| Clothes Mentor | |
| Terri's Consign & Design Furnishings | |
| Royalty Fee | |
| Clothes Mentor | 4% |
| Terri's Consign & Design Furnishings | |
| Advertising Fee | |
| Clothes Mentor | $2K/yr |
| Terri's Consign & Design Furnishings | |
| Year Founded | |
| Clothes Mentor | 2001 |
| Terri's Consign & Design Furnishings | 0 |
| Year Franchised | |
| Clothes Mentor | 2007 |
| Terri's Consign & Design Furnishings | 0 |
| Term Of Agreement | |
| Clothes Mentor | 10 Years |
| Terri's Consign & Design Furnishings | |
| Renewal Fee | |
| Clothes Mentor | $10K |
| Terri's Consign & Design Furnishings | |
Business Experience Requirements |
|
| Experience | |
| Clothes Mentor | |
| Terri's Consign & Design Furnishings | |
Financing Options |
|
| Franchise Fees | |
| Clothes Mentor | |
| Terri's Consign & Design Furnishings | |
| Start-up Costs | |
| Clothes Mentor | |
| Terri's Consign & Design Furnishings | |
| Equipment | |
| Clothes Mentor} | |
| Terri's Consign & Design Furnishings | |
| Inventory | |
| Clothes Mentor | |
| Terri's Consign & Design Furnishings | |
| Receivables | |
| Clothes Mentor | |
| Terri's Consign & Design Furnishings | |
| Payroll | |
| Clothes Mentor | |
| Terri's Consign & Design Furnishings | |
Training & Support |
|
| Training | |
| Clothes Mentor | On-The-Job Training: 20 hours Classroom Training: 63 hours |
| Terri's Consign & Design Furnishings | |
| 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 |
| Terri's Consign & Design Furnishings | |
| Marketing | |
| Clothes Mentor | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Terri's Consign & Design Furnishings | |
| 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) |
| Terri's Consign & Design Furnishings | |
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 |
| Terri's Consign & Design Furnishings | |
| Canada Expansion | |
| Clothes Mentor | |
| Terri's Consign & Design Furnishings | |
| International Expansion | |
| Clothes Mentor | |
| Terri's Consign & Design Furnishings | |