Clothes Mentor
Clothes Mentor is a resale retail business that buys and sells gently used and new women’s clothing and accessories. We serve value-conscious women who want high-quality apparel, shoes, purses, and other accessories at a lower price than traditional retail. Our stores operate as organized buy-sell locations, and we also sell through an e-commerce platform. We provide a clean, convenient place for customers to bring in items they no longer wear and shop for quality fashion at everyday prices.
Your franchise match score
Clothing & Accessories
Brand highlights
- CEORonald G. Olson
- Headquarters13801 Industrial Park Blvd, Plymouth, MN, 55441
- Year founded2001
- Year started franchising2006
- IndustryClothing & Accessories
- Locations open132 (-13 last three years)
Statistics & metrics
- Investment range$250,000 - $363,500
- Franchise fee$25,000
- Royalty4% of total Net Sales
- Brand fundCurrently $2,000 per year, although we may increase the NMF Fee to an amount not exceeding $3,000 per year
- 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.
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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: 2021-04-20
| Category | Detail | View |
|---|---|---|
| The Franchisor & Executives | Learn about Clothes Mentor, 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 Mentor's executives, directors, and key management personnel. | |
| Litigation | Understand any past or pending legal actions involving Clothes Mentor, 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 Mentor franchise, including startup costs and working capital estimates. | |
| Financial Performance Representations | Review any financial performance information Clothes Mentor provides, including revenue or earnings data, if disclosed. |
Location data
| Total locations | 132 |
| Franchise locations | 132 |
| Corporate locations | 0 |
System growth over time
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