Clothes Bin
We operate a clothes, shoes, and textile recycling business under the Clothes Bin name. We place collection bins at high-traffic locations such as gas stations, convenience stores, shopping centers, apartment communities, churches, and schools, where the public can drop off used clothing and footwear at no cost. We manage the bins, collect the materials, transport them, and resell the recovered items to buyers in the textile recycling, thrift, and retail markets. Our business also includes monitoring bin performance and relocating bins when a site is not producing enough volume. The value we provide is a convenient way for communities to recycle wearable textiles while turning collected material into resale revenue.
Your franchise match score
Clothing & Accessories
Brand highlights
- CEO
- Headquarters3911 SW 47th Avenue, Davie, FL, 33314
- Year founded2014
- Year started franchising2015
- IndustryClothing & Accessories
- Locations open39 (+22 last three years)
Statistics & metrics
- Investment range$158,995 - $199,815
- Franchise fee$40,000
- RoyaltyA weekly fee equal to: (i) commencing on the earlier of (a) the day of Franchisee’s receipt of its first shipment of 20 Bins or (b) 120 days from the date of the Franchise Agreement, $120 per week; (ii) commencing on the earlier of (a) the day of Franchisee’s receipt of its second shipment of 20 Bins or (b) 180 days from the date of the Franchise Agreement, $240 per week; and (iii) commencing on the day of Franchisee’s receipt of any additional shipment of Bins (beyond the initial package of 40 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 the time limits required by the Franchise Agreement, or (z) $240 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 within the time limits required by the Franchise Agreement.
- Required Liquid CapitalN/A
- Required Net WorthN/A
Learn more about the Clothing & Accessories industry:
Retail franchises in clothing and accessories offer the chance to tap into the ever-evolving world of fashion. This sector appeals to those with a keen eye for style and a passion for customer service.
Find your perfect franchise fit
Create a free profile and answer a few questions about your goals. SeeThrough will analyze your responses to identify brands that align with your priorities. The more detail you add, the more refined your franchise matches become. Update your profile anytime to sharpen your results, save favorites and compare opportunities side by side.
Brands you may also like
FDD insights
The information shown below is derived from publicly available franchise disclosure documents (FDDs), including the version issued as of the issuance date listed below, and other third-party sources. This information may not reflect the most current FDD. It is provided for general informational purposes only and is not part of any franchise offering or sales process. Franchise Sidekick is not providing or furnishing an FDD in accordance with FTC requirements. You should obtain and review the most current official FDD directly from the franchisor before making any investment decision.
FDD Version Referenced - Issuance Date: 2021-07-12
| Category | Detail | View |
|---|---|---|
| The Franchisor & Executives | Learn about Clothes Bin, its parent company, and the executive leadership team responsible for operating and supporting the franchise system. | |
| Business Experience | Review the professional backgrounds and relevant business experience of Clothes Bin's executives, directors, and key management personnel. | |
| Litigation | Understand any past or pending legal actions involving Clothes Bin, its affiliates, or key personnel that may be relevant to prospective franchisees. | |
| Estimated Initial Investment | Review the estimated total initial investment required to open a Clothes Bin franchise, including startup costs and working capital estimates. | |
| Financial Performance Representations | Review any financial performance information Clothes Bin provides, including revenue or earnings data, if disclosed. |
Location data
| Total locations | 39 |
| Franchise locations | 34 |
| Corporate locations | 5 |
System growth over time
FAQs
Discover how Franchise Sidekick simplifies the franchise buying process and supports your entrepreneurial journey.
Franchisee reviews
See feedback from owners about their experience with Clothes Bin.
Based on 1 reviews
FORMER FRANCHISEE
Number of Locations: 1
The franchisee expressed a strongly negative view of the brand. The most significant concerns were financial results and ROI falling far short of expectations, alongside poor ongoing support, weak technology, and a time commitment that did not align with what was originally presented. While initial training and the franchisor’s customer acquisition strategies were only adequate, they remain unlikely to recommend the brand, repurchase, or expand.
PERFORMANCE SCORECARD