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Updated RecentlyClothes Mentor vs Restyle Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Clothes Mentor vs Restyle including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $193,000 - $310,000 | $46,500 - $61,700 |
| Franchise Fee | $20,000 - $25,000 | $24,900 |
| Royalty Fee | 4% | $500/ month |
| Advertising Fee | $2K/yr | - |
| Year Founded | 2001 | 2005 |
| Year Franchised | 2007 | 2005 |
| Term Of Agreement | 10 Years | 10 years |
| Term Of Agreement | 10 Years | 10 years |
| Renewal Fee | $10K | - |
Business Experience Requirements |
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| Experience | - | - |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | -/- | No/No |
| Start-up Costs | -/- | No/No |
| Equipment | -/Yes | No/No |
| Inventory | -/Yes | No/No |
| Receivables | -/- | No/No |
| Payroll | -/- | No/No |
Training & Support |
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| Training | On-The-Job Training: 20 hours Classroom Training: 63 hours | * Available at headquarters * Available at franchisee's location |
| 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) | * Number of employees needed to run franchised unit: 3 * Absentee ownership of franchise is allowed. (95% of current franchisees are owner/operators) |
Expansion Plans |
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| US Expansion | Yes | Yes |
| Canada Expansion | - | - |
| International Expansion | - | - |
Company Overviews
About Clothes Mentor
Clothes Mentor is one of the fastest growing franchises in America!
* Resale format means up to 60% profit margins
* Franchise Support from our team of experts
* Model has proven success in a variety of markets
* Training to help first-time franchise owners
* 32% of franchisees now own multiple stores
* 33% of franchise owners see $100-368K net profit!
*
Clothes Mentor is one of the most lucrative franchise options in the market today.
Explore our Franchise section to see what it takes to start a Clothes Mentor franchise of your own!
Resale Clothing Franchises have proven effective, even in a down economy. Grab your piece of the resale clothing franchise market today by contacting our Franchise Development Experts!
Clothes Mentor is a resale clothing franchise. Our stores focus on buying and selling womens designer clothes, shoes, jewelry, and accessories. The Clothes Mentor clothing franchise is focused on the resale of designer and brand name clothing and accessories. To contact us about owning a Clothes Mentor Resale Clothing Franchise, please go to http://www.clothesmentor.com/franchise/
Veteran Incentives $2,500 rebate on franchise fee
About Restyle
NO LONGER FRANCHISING
The Restyle idea initially began back in July of 1992 when the author opened
her first transfer store named Amelia's Attic. Under her operation, Amelia's
Attic developed into a flourishing and fruitful relegation store in the distribution
center area of Waco, TX.
In the spring of 2005, the originator chose to bring the achievement
experienced with Amelia's Attic and figure that for other individuals needing
to possess their own relegation store.
In this manner, Restyle Was Born
Our objective and energy is to help those potential franchisees build up and
keep up Restyle stores that set a standard in the relegation business. Restyle
gives clients a fun, well disposed, sorted out place to shop and spare. With
many new things arriving week by week and a stock that progressions day by day,
clients can discover fabulous, current name brands at costs that truly are
reviving.
Shippers are given a simple and advantageous approach to transform their
flooding storage rooms into trade and that's constantly out style. Whether you're
a sender, client, or both, we genuinely fancy that your Restyle experience is
pleasant, unwinding, and satisfying.
Why Consignment?
Incredible unique selection...where else would you be able to discover such a
large number of styles and marks in one place?
Stock that progressions every day!
More than 500 things transferred each week!
Profiting has never been so natural!
Name mark garments up to 75% and more off retail!
Well disposed, fun, sorted out and welcoming shopping climate.
Why Restyle?
Negligible speculation
No stock expenses
Low budgetary hazard
Fruitful in every single monetary environment
Proprietorship in a multi-billion dollar industry
Ladies cherish a deal