The charts below show the approximate Clothes Mentor initial investments you need to get the doors open, have a working capital reserve, get stocked with inventory and be ready for customers.
|Low End Approximately||$198,000|
|High End Approximately||$297,000|
While it’s likely that most stores will land in the targeted range listed above, it’s also dependent upon a number of variables. Further detailed information is outlined in our Franchise Disclosure Document (FDD). To get a copy of this document, please contact your Clothes Mentor franchise representative.
|Type of Expenditures||Low||High|
|Initial Franchise Fee||$15,000||$20,000|
|Fixtures & Supplies||$45,000||$60,000|
|Deposits & Business Licenses||$2,000||$9,000|
|POS System & System||$18,000||$22,000|
|Miscellaneous Pre-opening Expenses||$28,000||$45,000|
|Additional Funds – 3 Months||$25,000||$45,000|
We asked several franchisees for their thoughts on the Clothes Mentor initial investments. Check out their feedback in this video:
Give us a call to discuss the initial investments further.