Clothes Mentor Franchise Cost

Clothes mentor began franchising in 2007 and now has more than 140.

Clothes mentor franchise cost. Clothes mentor llc is the franchisor the franchisor offers individual franchises for the operation of clothes mentor stores which buy and sell gently used and new women s clothing and accessories. Clothes mentor franchise cost initial investment clothes mentor. A proven yet customizable 4 step franchise award process ensures a mutual alignment that the clothes mentor brand is the right match for you. The franchise fee for clothes mentor is 20 000.

All locations only stock pieces that are in great condition and are on trend or classic and timeless. Each location may temporarily modify their specific operations including hours buying processes and availability of in store services in order to re open. Estimated number of units. Clothes mentor is the flagship brand of nty franchise co which also franchises children s orchard and nty clothing exchange.

How much does it cost to open a clothes mentor franchise. There is no assurance however that you will do as well. Clothes mentor franchise is an upscale retail store which sells gently used name brand and designer clothing shoes and accessories for up to 70 off of original retail prices. 25 000 ongoing royalty fee.

173 000 340 000 net worth requirement. Interest in clothes mentor has spread quickly in its 10 years as a franchise. See item 19 of the clothes mentor franchise disclosure document dated april 17 2020 for more information. There is an initial franchise fee of 20 000 which grants you the license to run a business under the clothes mentor name.

400 000 liquid cash requirement. How much does clothes mentor franchise cost. The estimated investment required to open a clothes mentor franchise is between 219 000 344 000. Clothes mentor has the franchise fee of up to 25 000 with a total initial investment range of 173 000 to 340 000.

That s part of clothes mentor s history and nty franchise company takes great pride in its flagship brand s resiliency and success since its humble beginning in 2007. The term of agreement is 10 years with a renewal fee of 10 000. Clothes mentor locally owned franchise locations are following direction of health authorities at the cdc and the world health organization who to keep customers and staff healthy and safe.