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Initial Investments

Clothes Mentor in-store shoppers discussing shoes at a great price

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.

Estimated Range:

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
Leasehold Improvements $20,000 $37,000
Fixtures & Supplies $45,000 $60,000
Signs $5,000 $9,000
Inventory $40,000 $50,000
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
Total $198,000 $297,000

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.  

 

 

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