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- Founded in 2001
- Franchising Since 2006
- 120 US Franchises
- $272,000 - $395,500 Investment Range
- $772,734 Average Gross Revenue
- 4% Royalty Fee
- $25,000 Franchise Fee
Use the Pre-qualification tool to see how much funding you could qualify for and see if you can affor a Clothes Mentor franchise.
Get pre-qualified for financingTake our Fit Score survey to see if Clothes Mentor is a good match for you.
Clothes Mentor is a well-established retail franchise that has revolutionized the upscale resale clothing industry. Founded in 2001, this innovative business model specializes in buying and selling high-quality, gently-used designer and brand-name women's fashion at a fraction of retail prices.
What sets Clothes Mentor apart is its unique approach to resale fashion. Unlike traditional consignment stores, they pay cash on the spot for accepted items, creating an immediate value proposition for sellers. The stores carefully curate their inventory, focusing on current styles and popular brands such as Banana Republic, Coach, Michael Kors, and other premium labels that are typically less than two years old.
For franchise owners, Clothes Mentor offers a proven business model in the growing sustainable fashion market. The concept appeals to both budget-conscious shoppers seeking quality brands and environmentally aware consumers interested in reducing fashion waste. Their sophisticated point-of-sale system and inventory management tools help owners maintain optimal stock levels and pricing.
The brand's success is built on providing an upscale shopping experience that rivals traditional retail stores, with well-organized displays, friendly customer service, and a clean, welcoming environment. Each location typically carries a wide range of women's clothing, accessories, and shoes in sizes 0-26, ensuring broad market appeal.
With over 120 locations across the United States, Clothes Mentor has demonstrated its ability to thrive in various markets while contributing to the circular economy. The franchise provides comprehensive training and ongoing support to help owners maximize their business potential in this rewarding retail segment.
How much does it cost to start a franchise with Clothes Mentor?
- Franchise Fee
- $25,000
- Investment Range
- $272,000 - $395,500
- Investment Midpoint
- $333,750
- Minimum Cash Required
- $272,000
- Royalty Fees
- 4%
- Brand Fund
- $2,000/year
Understand What It Takes to Get Started!
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See the Revenue Potential!
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Financing Details
Franzy connects you with top-tier financing partners to help secure the funds to invest in a franchise like Clothes Mentor. Whether you're looking for a loan or exploring other financial products, our partners provide expert guidance to ensure you obtain the necessary capital. They specialize in offering solutions tailored to the needs of franchisees, making the process of securing financing smooth and straightforward.
Why Financing with Franzy Partners?
Choosing to finance through Franzy's partners ensures you get the best terms and support for your franchise investment. Our partners have extensive experience in the franchising industry and offer specialized financial solutions tailored to your needs. With competitive interest rates and flexible repayment options, you can find the right financing plan that fits your budget and goals. Our partners are committed to providing personalized guidance throughout the financing process, making it easier for you to secure the necessary funds and confidently move forward with your franchise venture.
Finance Partners
The franchise's geographic distribution reveals a focus on secondary markets rather than major metropolitan areas, potentially capitalizing on lower operating costs and reduced competition. Notable market presence in regions like Minnesota and New York suggests successful adaptation to varying regional retail environments and consumer behaviors.
Ideal locations typically feature proximity to middle-income residential areas, strong female demographic presence (25-55 age range), and complementary retail establishments. The most successful units are often situated in suburban shopping centers with good visibility and accessible parking. Expansion opportunities exist particularly in the Southeast and Western states, where the brand has limited presence but similar demographic profiles to successful existing markets.
Prospective franchisees should focus on locations with median household incomes between $50,000-$85,000, established retail corridors, and areas with high concentrations of working professionals and families.
Access the detailed territory map to find prime locations and see where this franchise operates. This information is vital for understanding your market potential and exclusivity rights.
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Track Growth to Gauge Success!
See how this franchise is expanding over time. The net unit growth reveals the health and popularity of the brand—key indicators for a promising investment.
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Executive Team
Get to know the leadership behind Clothes Mentor. Learn about the experience and expertise of the executive team guiding Clothes Mentor's success. For more details, refer to Item 2 of the Franchise Disclosure Document (FDD).
Litigation
Review any legal actions or pending litigation involving Clothes Mentor. Understanding the legal history helps assess potential risks and the brand's business practices. For more details, refer to Item 3 of the Franchise Disclosure Document (FDD).
Bankruptcy
Review Clothes Mentor's bankruptcy history and any filings by key personnel or affiliates. This critical information provides transparency about the brand's financial stability and management. For more details, refer to Item 4 of the Franchise Disclosure Document (FDD).
Franchisor Assistance
Learn about Clothes Mentor's comprehensive support system for franchisees, including initial training programs and continuous operational assistance. Understanding the available resources and support structure is crucial for franchise success. For more details, refer to Item 11 of the Franchise Disclosure Document (FDD).
The information provided on this page is based on the latest Franchise Disclosure Document (FDD) that is publicly available and that we have on record, which was issued in 2024. This information is for informational purposes only and is not intended to constitute legal, financial, or business advice. We make no guarantees or claims regarding the completeness or accuracy. For the most current and detailed information, we recommend consulting the franchisor directly for the most recent FDD and regarding any questions that you may have about the information provided.
- Founded in 2001
- Franchising Since 2006
- 120 US Franchises
- $272,000 - $395,500 Investment Range
- $772,734 Average Gross Revenue
- 4% Royalty Fee
- $25,000 Franchise Fee
Use the Pre-qualification tool to see how much funding you could qualify for and see if you can affor a Clothes Mentor franchise.
Get pre-qualified for financingTake our Fit Score survey to see if Clothes Mentor is a good match for you.
