Start-Up Costs and Fees |
||
| Clothes Mentor | Fifi's Fine Resale Apparel | |
| Investment | 193000 - 310000 | 0 - 0 |
| Franchise Fee | 0 | |
| Royalty Fee | 4% | |
| Advertising Fee | $2K/yr | |
| Year Founded | 2001 | 0 |
| Year Franchised | 2007 | 0 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Clothes Mentor | Fifi's Fine Resale Apparel | |
| Experience | * Loves clothing and accessories * Has good time management skills * Has some merchandising experience * Is hard-working * Is outgoing * Enjoys a service-oriented profession * Is an aspiring entrepreneur * Has good communications skills * Has some marketing experience * Has a positive and flexible outlook * Is creative * Has a co-operative spirit | |
Financing Options |
||
| Clothes Mentor | Fifi's Fine Resale Apparel | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| Clothes Mentor | Fifi's Fine Resale Apparel | |
| Training | On-The-Job Training: 20 hours Classroom Training: 63 hours | |
| Support | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform | |
| Marketing | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app | |
| Operations | * 50% of all franchisees own more than one unit * Number of employees needed to run franchised unit: 8 * Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | |
Expansion Plans |
||
| Clothes Mentor | Fifi's Fine Resale Apparel | |
| US Expansion | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming | |
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Clothes Mentor | |
| Fifi's Fine Resale Apparel | |
| Franchise Fee | |
| Clothes Mentor | |
| Fifi's Fine Resale Apparel | |
| Royalty Fee | |
| Clothes Mentor | 4% |
| Fifi's Fine Resale Apparel | |
| Advertising Fee | |
| Clothes Mentor | $2K/yr |
| Fifi's Fine Resale Apparel | |
| Year Founded | |
| Clothes Mentor | 2001 |
| Fifi's Fine Resale Apparel | 0 |
| Year Franchised | |
| Clothes Mentor | 2007 |
| Fifi's Fine Resale Apparel | 0 |
| Term Of Agreement | |
| Clothes Mentor | 10 Years |
| Fifi's Fine Resale Apparel | |
| Renewal Fee | |
| Clothes Mentor | $10K |
| Fifi's Fine Resale Apparel | |
Business Experience Requirements |
|
| Experience | |
| Clothes Mentor | |
| Fifi's Fine Resale Apparel | * Loves clothing and accessories * Has good time management skills * Has some merchandising experience * Is hard-working * Is outgoing * Enjoys a service-oriented profession * Is an aspiring entrepreneur * Has good communications skills * Has some marketing experience * Has a positive and flexible outlook * Is creative * Has a co-operative spirit |
Financing Options |
|
| Franchise Fees | |
| Clothes Mentor | |
| Fifi's Fine Resale Apparel | |
| Start-up Costs | |
| Clothes Mentor | |
| Fifi's Fine Resale Apparel | |
| Equipment | |
| Clothes Mentor} | |
| Fifi's Fine Resale Apparel | |
| Inventory | |
| Clothes Mentor | |
| Fifi's Fine Resale Apparel | |
| Receivables | |
| Clothes Mentor | |
| Fifi's Fine Resale Apparel | |
| Payroll | |
| Clothes Mentor | |
| Fifi's Fine Resale Apparel | |
Training & Support |
|
| Training | |
| Clothes Mentor | On-The-Job Training: 20 hours Classroom Training: 63 hours |
| Fifi's Fine Resale Apparel | |
| Support | |
| Clothes Mentor | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Fifi's Fine Resale Apparel | |
| Marketing | |
| Clothes Mentor | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Fifi's Fine Resale Apparel | |
| Operations | |
| Clothes Mentor | * 50% of all franchisees own more than one unit * Number of employees needed to run franchised unit: 8 * Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
| Fifi's Fine Resale Apparel | |
Expansion Plans |
|
| US Expansion | |
| Clothes Mentor | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| Fifi's Fine Resale Apparel | |
| Canada Expansion | |
| Clothes Mentor | |
| Fifi's Fine Resale Apparel | |
| International Expansion | |
| Clothes Mentor | |
| Fifi's Fine Resale Apparel | |