Local Family Builds on Resale Business
(GOSHEN, Indiana.) – A new family business is opening in Goshen, Indiana as part of Clothes Mentor, a national women’s resale clothing franchise. The Goshen location is owned by husband-wife team Dan and Stephanie McCoy. Their store joins a nearby Clothes Mentor location in Mishawaka which happens to be owned by Stephanie’s parents, husband-wife team Roy and Tracy Schrimsher.
“At Clothes Mentor you can find name brand bags and apparel by top designers including Coach, Kate Spade, and Lululemon, to name a few,” said McCoy. “Our inventory is growing everyday as we build up to our opening. We’ve got some amazing items for our Grand Opening event.”
The McCoys are excited about their new opportunity to open their first Clothes Mentor store together. Stephanie is no stranger to the resale business, having co-managed the Mishawaka Clothes Mentor store. A family of two little girls, the McCoys look forward to building their business in the same footsteps of Stephanie’s parents. The McCoys are already seeing a great interest from the Goshen community and look forward to their Grand Opening weekend August 15-18 including giveaways and prizes all weekend.
Clothes Mentor, located at 4024 Elkhart Rd, specializes in women’s fashions and accessories at resale value. The store includes all sizes 0 to 26 including petite, and plus sizes alongside a personal shopper service. Clothes Mentor pays cash-on-the-spot for gently used product sold to them by fashionistas in the local community.
“Roy and Tracy, Stephanie’s parents, are excellent long-standing franchise owners in Mishawaka. It is no surprise that Stephanie and her husband Dan are following in their footsteps” Chad Olson COO, of the parent company, NTY Franchise Company.
Resale apparel is enjoying a $20 billion boom that began during the great recession and continues today as consumers flock to stores like Clothes Mentor to buy and sell their gently-used fashions. Now growing a whopping 24 times faster than retail, recent reports project that the resale apparel market will grow to more than $41 billion by 2022.
To learn more about Clothes Mentor, visit www.clothesmentor.com
To learn more about Clothes Mentor in Goshen, Indiana, contact Stephanie or Dan McCoy at (574) 830-5461.
About Clothes Mentor
Clothes Mentor started with two existing locations in 2006 and began expanding the brand the same year. As of July 2019, the company has 135 stores open in 30 states with another 22 in development. Clothes Mentor is a resale-based women’s designer fashion brand known as being cutting-edge in both high-end designer fashion and technology. The company buys and sells like-new apparel, shoes, and accessories for all women, Sizes 0-26, petites, and maternity. The inventory comes from the same customers who shop in the store, and sellers are offered cash on-the-spot or credit toward a new purchase. With stores throughout the United States, each store serves its local community in both buying and selling gently-used, designer clothing, shoes, boots, handbags, jewelry, and other accessories.
About Children’s Orchard
Children’s Orchard was purchased by NTY Franchise Company in 2014. There are over 35 stores nationwide. As a children’s resale store, it addresses an important need as kids outgrow their clothes faster than they can make a dent in wearing them out. This makes this store a growing necessity that will draw customers in. Something kids loved a month ago might not fit them at all now — and this is true of toys and equipment as well. With gently-used, high-quality apparel, toys, and equipment, Children’s Orchard is a great concept, a great need, and is a great opportunity for business owners in their community.
About Device PitStop:
Device Pitstop is a tech resale franchise that buys, sells, trades, repairs and upgrades computers and mobile electronic devices. Their “gently-used,” refurbished, or repaired devices are sold at low prices for top quality gear. All devices have gone through a 21-point inspection and come with a 90-day warranty and theft check. Originally founded in Las Vegas in 2003 as Laptop Exchange, Device Pitstop was acquired by Minnetonka, MN-based NTY Franchise Company in January 2015. They currently have 13 locations open nationwide, with many others in development.
About NTY Clothing Exchange
One of the newer franchises started in 2014, NTY Clothing Exchange is just expanding to its fifth store in 2018. The franchise fills an important need that hasn’t been addressed in many communities: A high end, resale clothing store that buys and sells apparel and accessories just for teens and young adults, both male and female. Young adults and teens are often still students or just starting a new career, and they need to be able to change their style to fit their needs. All of this is done on a very limited budget. This limitation means a great franchise concept. The opportunity to grow as more people enter into this market is even bigger for the business owner.
About NTY Franchise Company
Founded in 2006 by Ron Olson, NTY Franchise Company is the gold standard in resale franchising companies. NTY franchises five brands, all with a different focus: Clothes Mentor, Children’s Orchard, Device Pitstop, and NTY Clothing Exchange. The brands are all resale-based and cover women’s designer fashions, children’s apparel and accessories, electronic sales and repair, and clothing for teens and young adults. All are great business opportunities with cutting-edge technology, unmatched support, and lucrative resale franchises. All of the resale franchise brands put great emphasis on buying high-quality, name-brand merchandise that is gently-used and in excellent condition. The stores are clean, bright, and meticulously organized. And the very nature of resale keeps customers coming back. Inventory changes daily and prices average 70 percent less than the original retail price. NTY Franchise Company has helped individuals to establish resale stores throughout the United States in many communities, and it has territories available to develop nationwide.
To learn more about franchising opportunities for any of NTY Franchise Company’s resale brands, visit www.ntyfranchise.com.