Clothes Bin

Statistics & metrics

• Investment range$140,340 - $193,880
• Franchise fee$49,500
• RoyaltyA weekly fee equal to: (i) commencing on the earlier of (a) the week after Franchisee’s receipt of its initial shipment of 20 Bins or (b) 120 days from the date of the Franchise Agreement, $120 per week; (ii) if Franchisee purchases additional Bins at the same time Franchisee purchases its initial package of 20 Bins, then commencing on the earlier of (a) of the week after Franchisee’s receipt of its second shipment of Bins or (b) 180 days from the date of the Franchise Agreement, $180 per week if Franchisee purchased an additional 10 Bins, or $240 per week if Franchisee purchased an additional 20 Bins; and (iii) if Franchisee purchases additional Bins at any time after Franchisee purchases its initial package of 20 Bins, then commencing on the earlier of (a) the week after Franchisee’s receipt of any additional shipment of Bins, or (b) 90 days after Franchisee purchased such Bins, the greater of (y) $6 per Bin that Franchisee has purchased and received, whether or not any or all of the Bins are placed at Bin Locations within 90 days after Franchisee purchased such Bins, or (z) $120 per week.
• Brand fundA weekly fee not greater than One Dollar and Fifty Cents ($1.50) per Bin that Franchisee has purchased and received, whether or not any or all of the Bins are placed at Bin Locations.
• Required Liquid Capital$15,000
• Required Net WorthN/A