NTY Clothing Exchange

 
Business Established:
2014
Franchising Since:
2014
Franchised Units:
6
Company Owned Units:
1
Start-up Cost:
$75,000
Total Investment:
$181,000 to $292,000
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.

Special Incentives
Clothing & Shoes
Green and Eco-Friendly
Retail Stores: Specialty
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 stores pay our customers CASH on-the-spot, right over the counter, to purchase their better brand name fashions, accessories and shoes. These beautifully designed stores then resell those clean, in-style, great condition items for about 1/4 to 1/3 of what they sold for at mall stores. While providing teen's 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 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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