Clothes Mentor Franchise

Women's clothing & accessories resale store

AAPL Price Today by TradingView
Clothes Mentor is one of the fastest growing franchises in America! * Resale format means up to 60% profit margins * Franchise Support from our team of experts * Model has proven success in a variety of markets * Training to help first-time franchise owners * 32% of franchisees now own multiple stores * 33% of franchise owners see $100-368K net profit!* Clothes Mentor is one of the most lucrative franchise options in the market today. Explore our Franchise section to see what it takes to start a Clothes Mentor franchise of your own! Resale Clothing Franchises have proven effective, even in a down economy. Grab your piece of the resale clothing franchise market today by contacting our Franchise Development Experts! Clothes Mentor is a resale clothing franchise. Our stores focus on buying and selling womens designer clothes, shoes, jewelry, and accessories. The Clothes Mentor clothing franchise is focused on the resale of designer and brand name clothing and accessories. To contact us about owning a Clothes Mentor Resale Clothing Franchise, please go to http://www.clothesmentor.com/franchise/Veteran Incentives $2,500 rebate on franchise fee

ABC INC

ABC-CO - NASDAQ

$129.55 USD
+0.25 (+0.20%)
$129.55
$129.55


It's time to give yourself permission to build your days around what's important to you! You're in Control!
For more information, complete our FREE FRANCHISE ADVICE form!
 
Please Note: The operators of Clothes Mentor, may not have verified the accuracy of the Franchise information contained within this website. For accurate up-to-date information, investors are strongly recommended to visit the official Clothes Mentor website.

How much does it cost to open a Clothes Mentor Franchise ?

The investment required to open a Clothes Mentor Franchise is between $193,000 - $310,000 . There is an initial franchise fee of $20,000 -$25,000 which grants you the license to run a business under the Clothes Mentor name.

Individual Franchise Costs

  • Initial Investment:
    $193,000 -
  • Initial Franchise Fee:
    $20,000 - $25,000
  • Royalty Fee:
    4%
  • Advertising Fee:
    $2K/yr
  • Term of Agreement:
    10 Years
  • Renewal Fee:
    $10K

Expense In-House Third Party
Franchise Fee N/A N/A
Startup Costs N/A N/A
Equipment N/A Yes
Inventory N/A Yes
Accounts Receivable N/A N/A
Payroll N/A N/A

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

Clothes Mentor Growth History

When did the first Clothes Mentor open? 2001
When did Clothes Mentor start Franchising ? 2007

* 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)

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



How much does a Clothes Mentor Franchise owner make?

How much money you could make as a Clothes Mentor Franchise owner depends on a wide variety of factors. As a business owner, your primary goals are to strive for high sales while keeping your oper_ating costs as low as possible while still maintaining quality products and service. The monthly oper_ating costs that you will incur as a Clothes Mentor Franchise owner may include royalty fees, rent or mortgage, staffing, products, supplies, utilities, administrative costs and other things. Although your monthly oper_ating costs may vary from month to month, your start up costs are typically fixed and they will cover the majority of your initial oper_ating equipment, signage, and renovations.

Initial Investment
$20,000 - $310,000
Initial Franchise Fee
$20,000 - $25,000
Royalty Fee
4%
Advertising Fee
$2K/yr
Term of Agreement
10 Years
Renewal Fee
$10K
Clothes Mentor Franchise Opportunity viewed times by investors.
 

Legal Disclaimer: This information is not a franchise offering for Clothes Mentor and should not be construed as such. The Franchise Mall makes every effort to maintain accurate franchise data but does not guarantee nor assume liability for incorrect data. We recomend that anyone seriously interested in pursuing a Clothes Mentor franchise opportunity, review that franchise's Franchise Disclosure Document (FDD) with an attorney and accountant.