Join the Largest Women’s Fashion Resale Franchise in the USA: Clothes Mentor
It takes major confidence in your brand to start franchising on the verge of an economic downturn. And it takes an incredibly strong business model to not only withstand but flourish during such a challenging time. 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 2006.
Interest in Clothes Mentor has spread quickly in its ten years as a franchise. The brand’s concept of buying and selling gently used name-brand and designer clothing, shoes and accessories resonates with women in so many different communities nationwide—and its reach continues to grow. For 2015, the store count topped out at 138, and there will be many more added to that in 2016.
One milestone for the brand came after just a couple of years of franchising in 2009, when Clothes Mentor was recognized in Entrepreneur’s annual Franchise 500 list. The brand has stayed on that list every year since, with 2016 marking its eighth year in a row. The recognition is based on franchise stability, growth rate and size, among other factors.
In addition, the up-and-coming women’s resale brand played a significant role in its parent company, NTY Franchise, earning a spot in the Minneapolis/St. Paul Business Journal’s Fast 50 in 2014 and 2015. The program recognizes the fastest-growing privately held companies in the Twin Cities area according to criteria such as growth rate, revenue and more.
Proven, Profitable Business Model
With the help of a management team that has more than 80 years of franchise and retail experience in the resale industry, Clothes Mentor offers a comprehensive support program for its franchisees. This includes assistance with business planning, store location and buildout, training, point-of-sale system, operations, marketing and more.
The team understands the resale business through and through—and it shows in the success of the Clothes Mentor brand and its nearly 150 stores nationwide. Our franchisees enjoy an average gross margin of 63%, and our top-performing stores earn an average net profit of $283,000 per year.* We want you to join us in continuing to grow this thriving resale business!
Find out more about franchising with Clothes Mentor, including initial investment numbers, by visiting our website: ntyfranchise.com/clothes-mentor.
* Average net profit figure is for the top 10% of Clothes Mentor locations, as published in Item 19 of the Clothes Mentor 2016 FDD.
We offer a $2,500 discount off the franchise fee for all qualified veterans.