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Clothes Mentor® Franchise

If you have been feeling the need for a professional change that offers flexibility, growth potential, and personal fulfillment, Clothes Mentor franchise ownership might be the path you have been searching for. The resale industry is booming, and franchising has real advantages, but the best part is the process is already nailed down for you.

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Highlights
Cash Required

$100,000

Min. Franchise Fee

$25,000

Total Number of Units

113

Franchising Since

2006

Corporate Headquarters

Plymouth,MN

CEO Name

Ronald Olson

About Clothes Mentor®

Clothes Mentor is thrifting made easy! In 18 years, Clothes Mentor has grown to 120 stores across 30 states. Each independently owned Clothes Mentor franchise sells gently used name-brand and designer clothing, shoes, and accessories for up to 70% off original retail prices. Our owners have a great eye for pieces that are in excellent condition.


What We Do

Since Clothes Mentor franchise owners source inventory from local customers, they are putting money back into the community and promoting reuse. Joining the Clothes Mentor community opens doors to lucrative business opportunities in a thriving market. Our franchise owners enjoy the freedom of being their own boss, surrounded by a supportive network of passionate individuals who share a common vision.

Franchise Unit Trends & Revenue

Total Number of Units

113

New Units Opened

1

Average Unit Revenue

$780,059

* in 2024

Franchise Fees

Min. Franchise Fee

$25,000

Royalty Fee

4.0%
Total Net Sales

Ad Fund Fee

$2,000
Fixed Fee

Why Choose Clothes Mentor®?

The resale industry has emerged as a beacon of growth and sustainability. Resale retail is projected to grow more than nine times faster than traditional retail by 2027 and will be a $57B market by 2032.

Starting Costs & Investment Requirements

Total Investment

$305,000 - $428,500

Net Worth Required

$400,000

Cash Required

$100,000

Training and Support
Financing Available
Multi Units

Training & Support

As a business owner you may be investing your life savings. Why not do it with the support and expertise behind you that ensures your success? We help you in each step of the way – from finding the right location to securing good financing to helping you with a proven store-in-a-box concept to the grand opening to following you after you open.


Our support is unmatched in the industry because your success is our success – and there is nothing we want more than to see your business soar to new heights in half the time it takes most franchises to make a profit.


Consider a franchise with Clothes Mentor and receive full training & support from the resale industry's most experienced team – we have been perfecting resale business models for over 35 years!


Proven Systems
Our robust management tools and extensive training are effective, comprehensive, and streamlined. We have combined the best practices of our top stores into a complete store management package making for easier multi-store management, improved staff training and engagement, and dramatically improved operations.


Results-Driven Marketing
From social media, web and email marketing to in-store graphics, public relations and car wraps, our upscale marketing materials are uniquely designed to speak to our shoppers. Our marketing stays current with today’s trends in design, social media and more.


E-Commerce
Not only do we sell products within our four walls, but we also cater to the digital shopper. Selling online is becoming mainstream in the resale industry, and we assist with setting up your E-Commerce store, training you, and teaching you best practices.


Beautifully designed Stores
Just because we sell second-hand merchandise does not mean our stores look second-rate. Our stores are designed to promote a fun and friendly atmosphere. From our modern fixtures and lighting to our upscale signage and displays, we believe in creating an extraordinary brand experience.


Inventory Management Program
To empower franchisees to be efficient and accurate in managing their inventory, Clothes Mentor offers Needs-Based Buying; a data-based program that assists franchisees in their decisions on what to buy, when to buy it, and how to price it.


Real-time Reporting
With our cloud-based reports, franchise owners can efficiently manage inventory levels, product costs and pricing. These tools can also be accessed remotely, paving the way for store owners to manage multiple stores simultaneously.


Extensive Training
We conduct two separate, comprehensive training programs that provide our new owners with both pre-opening and post-opening classes ranging from business planning, fiscal management, and real-estate selection to store operations, merchandising, inventory management and POS system training as well as a full week of in-store training.


Territory Availability
The flexibility to put stores in the best locations in a market is a huge advantage as you are considering joining a franchise. Because we are a growing franchise, there are several great locations available in most areas for a Clothes Mentor store. This is especially important if you are looking at owning multiple stores over time to increase your market share or simply make more money. You will receive demographic analysis, area mapping, and site selection assistance from our headquarters to help you choose the location that is right for you.


Continuous Support
From site selection and store set up to grand opening and growing profits, you will have continuous support every step of the way. Based in Plymouth, Minnesota, our dedicated team offers computer, operational, marketing, and financial support. Plus, our Franchise Business Consultants visit each store at least once a year to offer guidance and support where needed for success. Our owners also build and maintain strong friendships and mentorships with other store owners.

History

Our team has decades of experience in franchising and has put many franchise business brands on the map - making them successful quickly. Our enthusiasm, experience, and positive attitude only help you thrive in a competitive market. In that, Clothes Mentor stands out – along with unparalleled support, guidance, and long-standing reputation.

Ideal Candidate

Is a Clothes Mentor Franchise Right for You?

If you want to launch your own business but want to hit the ground running with a proven business model, a franchise might be just what you are looking for. Clothes Mentor offers an excellent opportunity for people from all walks of life, including:


Multitasking Moms
If you are a mom seeking a career that provides both financial stability and the flexibility to spend quality time with your kids, Clothes Mentor offers the opportunity to balance both worlds.


Married Couples
Are you and your spouse eager to embark on a joint venture, building something meaningful together while positively impacting your community? Clothes Mentor franchise ownership allows you to collaborate as partners in business and in life.


Entrepreneurial Family and Friends Teams
Do you dream of creating a legacy with your friends, siblings, or adult children? Clothes Mentor welcomes teams eager to build on their relationships to create a successful business.


Ambitious Professionals
Are you tired of working for someone else and yearning for the freedom to control your own life? Clothes Mentor franchise ownership empowers ambitious professionals to thrive on their terms, driving their success forward.

The information in this page has been provided by the franchise or representative stated above. BizBuySell has no stake in the sale of this franchise, has not independently verified any of the information about the franchise, and assumes no responsibility for its accuracy or completeness. Read BizBuySell's Terms of Use before responding to any franchise.
 
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