NTY Clothing Exchange

 
Business Established:
2014
Franchising Since:
2014
Franchised Units:
5
Company Owned Units:
1
Start-up Cost:
$75,000 to $90,000
Total Investment:
$159,000 to $271,000
Veteran Hired Since 2011:
N/A
Veteran Owned Units:
N/A
Offering Financial Assistance

NTY Clothing Exchange is registered on the SBA's Franchise Registry website, making it much easier to get SBA loans. We assist in the preparation of a comprehensive business plan and how best to approach lenders. Leasing option available.

Special Incentives
Retail Stores: Specialty
Clothing & Shoes
Green and Eco-Friendly
VetFran Incentive

We offer a $2,500 discount off the franchise fee for all qualified veterans.

Company Details
Description

NTY Clothing Exchange has completely reinvented teen’s fashion resale stores. Our beautifully designed stores pay customers CASH on the spot, right over the counter, to purchase their better brand name fashions, accessories and shoes. We then resell those clean, in style, great condition items for about 1/3 of what they sold for new. While providing teen's and young adults with the very best value on the hottest, most in demand items, NTY Clothing Exchange store owners have achieved over 60% gross profit margins that’s more than double that of traditional specialty retail stores.

Contact Information
Primary Contact & Title
Jim Wollman
VP of Franchising
Address
4350 Baker Road, Suite 350
City
Minnetonka
State
MN
Country
United States
Zip Code
55343
Tel
(866) 261-2030
Fax
(612) 923-1224
Training

Two weeks of classroom and hands on training at our corporate office and store located in Minneapolis, MN. Proprietary point of sale system specifically designed to optimize the RESALE of young adult guys and gals fashions. We provide store visits for both grand opening and on going visits. Annual conferences for advanced training, workshops, and networking with experienced fellow franchisees.

Qualifications

We are looking for positive, motivated owner operators that want a scalable business that does well in a good economy… and may do even better in a downturned economy. Previous management experience in overseeing managers and staff is a plus.

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