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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$219,000
High End Approximately$344,000

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 ExpendituresLowHigh
Initial Franchise Fee$15,000$20,000
Leasehold Improvements$25,000$50,000
Fixtures & Supplies$45,000$60,000
Signs$5,000$9,000
Inventory$35,000$50,000
Deposits & Business Licenses$7,000$15,000
POS System$18,000$22,000
Miscellaneous Pre-opening Expenses$44,000$73,000
Additional Funds – 3 Months$25,000$45,000
Total$219,000$344,000

We asked several franchisees for their thoughts on the Clothes Mentor initial investments. Check out their feedback in this video: 

Get started on a quick path to success with our required investment range. Learn more about it in this video featuring our VP of Franchising:

 

 

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