NTY now offers financial incentives to veterans that choose to franchise any of its five resale brands. As part of VetFran, a strategic initiative of the International Franchise Association (IFA), NTY provides a $2,500 discount off of the franchise fee for all qualified veterans that purchase a Children’s Orchard, Clothes Mentor, Device Pitstop, NTY Clothing Exchange or New Uses franchise.
VetFran was created in 1991 as a way of saying “thanks” to veterans returning from the first Gulf War. Today, the network of franchise brands participating in the initiative has grown to more than 650, all voluntarily offering financial discounts and more to veteran franchisees. According to VetFran, more than 238,000 veterans and military spouses have found opportunities in the franchise industry as either franchisees or employees.
According to a study conducted for the IFA Educational Foundation based on U.S. Census data, one in seven franchise businesses are owned and operated by veterans of the U.S. military.
NTY Franchise Company’s resale brands offer a proven, profitable business model with many ongoing benefits—a great business option for veterans. Learn more about each of NTY’s five resale franchise options by clicking the links below.