Start-Up Costs and Fees |
||
| Fifi's Fine Resale Apparel | Clothes Mentor | |
| Investment | 0 - 0 | 193000 - 310000 |
| Franchise Fee | 0 | |
| Royalty Fee | 4% | |
| Advertising Fee | $2K/yr | |
| Year Founded | 0 | 2001 |
| Year Franchised | 0 | 2007 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Fifi's Fine Resale Apparel | Clothes Mentor | |
| 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 |
||
| Fifi's Fine Resale Apparel | Clothes Mentor | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| Fifi's Fine Resale Apparel | Clothes Mentor | |
| 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 |
||
| Fifi's Fine Resale Apparel | Clothes Mentor | |
| 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 | |
| Fifi's Fine Resale Apparel | |
| Clothes Mentor | |
| Franchise Fee | |
| Fifi's Fine Resale Apparel | |
| Clothes Mentor | |
| Royalty Fee | |
| Fifi's Fine Resale Apparel | |
| Clothes Mentor | 4% |
| Advertising Fee | |
| Fifi's Fine Resale Apparel | |
| Clothes Mentor | $2K/yr |
| Year Founded | |
| Fifi's Fine Resale Apparel | 0 |
| Clothes Mentor | 2001 |
| Year Franchised | |
| Fifi's Fine Resale Apparel | 0 |
| Clothes Mentor | 2007 |
| Term Of Agreement | |
| Fifi's Fine Resale Apparel | |
| Clothes Mentor | 10 Years |
| Renewal Fee | |
| Fifi's Fine Resale Apparel | |
| Clothes Mentor | $10K |
Business Experience Requirements |
|
| Experience | |
| 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 |
| Clothes Mentor | |
Financing Options |
|
| Franchise Fees | |
| Fifi's Fine Resale Apparel | |
| Clothes Mentor | |
| Start-up Costs | |
| Fifi's Fine Resale Apparel | |
| Clothes Mentor | |
| Equipment | |
| Fifi's Fine Resale Apparel} | |
| Clothes Mentor | |
| Inventory | |
| Fifi's Fine Resale Apparel | |
| Clothes Mentor | |
| Receivables | |
| Fifi's Fine Resale Apparel | |
| Clothes Mentor | |
| Payroll | |
| Fifi's Fine Resale Apparel | |
| Clothes Mentor | |
Training & Support |
|
| Training | |
| Fifi's Fine Resale Apparel | |
| Clothes Mentor | On-The-Job Training: 20 hours Classroom Training: 63 hours |
| Support | |
| Fifi's Fine Resale Apparel | |
| 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 |
| Marketing | |
| Fifi's Fine Resale Apparel | |
| Clothes Mentor | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Operations | |
| Fifi's Fine Resale Apparel | |
| 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) |
Expansion Plans |
|
| US Expansion | |
| Fifi's Fine Resale Apparel | |
| 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 |
| Canada Expansion | |
| Fifi's Fine Resale Apparel | |
| Clothes Mentor | |
| International Expansion | |
| Fifi's Fine Resale Apparel | |
| Clothes Mentor | |