Computer Renaissance vs Clothes Mentor Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Computer Renaissance vs Clothes Mentor including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Computer Renaissance Franchise
Clothes Mentor Franchise
Investment $134,000 - $205,000 $219,000 - $344,000
Franchise Fee $25,000 $20,000
Royalty Fee 3-5% 4%
Advertising Fee - $2K/yr
Year Founded 1988 2001
Year Franchised 1993 2007
Term Of Agreement - 10 Years
Term Of Agreement - 10 Years
Renewal Fee - $10K


Business Experience Requirements

 
Computer Renaissance Franchise
Clothes Mentor Franchise
Experience - -

Financing Options

 
Computer Renaissance Franchise
Clothes Mentor Franchise
  In-House/3rd Party In-House/3rd Party
Franchise Fees No/Yes -/-
Start-up Costs No/Yes -/-
Equipment No/Yes -/Yes
Inventory No/Yes -/Yes
Receivables No/No -/-
Payroll No/No -/-

Training & Support

 
Computer Renaissance Franchise
Clothes Mentor Franchise
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

 
Computer Renaissance Franchise
Clothes Mentor Franchise
US Expansion - Yes
Canada Expansion No -
International Expansion No -

Start-Up Costs and Fees Mobile

Investment
Computer Renaissance Franchise
$134,000 - $205,000
Clothes Mentor Franchise
$219,000 - $344,000
Franchise Fee
Computer Renaissance Franchise
$25,000
Clothes Mentor Franchise
$20,000
Royalty Fee
Computer Renaissance Franchise
3-5%
Clothes Mentor Franchise
4%
Advertising Fee
Computer Renaissance Franchise
-
Clothes Mentor Franchise
$2K/yr
Year Founded
Computer Renaissance Franchise
1988
Clothes Mentor Franchise
2001
Year Franchised
Computer Renaissance Franchise
1993
Clothes Mentor Franchise
2007
Term Of Agreement
Computer Renaissance Franchise
-
Clothes Mentor Franchise
10 Years
Renewal Fee
Computer Renaissance Franchise
-
Clothes Mentor Franchise
$10K


Business Experience Requirements

Experience
Computer Renaissance Franchise
-
Clothes Mentor Franchise
-

Financing Options

  In-House/3rd Party
Franchise Fees
Computer Renaissance Franchise
No/Yes
Clothes Mentor Franchise
-/-
Start-up Costs
Computer Renaissance Franchise
No/Yes
Clothes Mentor Franchise
-/-
Equipment
Computer Renaissance Franchise
No/Yes
Clothes Mentor Franchise
-/Yes
Inventory
Computer Renaissance Franchise
No/Yes
Clothes Mentor Franchise
-/Yes
Receivables
Computer Renaissance Franchise
No/No
Clothes Mentor Franchise
-/-
Payroll
Computer Renaissance Franchise
No/No
Clothes Mentor Franchise
-/-

Training & Support

Training
Computer Renaissance Franchise
-
Clothes Mentor Franchise
On-The-Job Training: 20 hours Classroom Training: 63 hours
Support
Computer Renaissance Franchise
-
Clothes Mentor Franchise
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
Computer Renaissance Franchise
-
Clothes Mentor Franchise
Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app
Operations
Computer Renaissance Franchise
-
Clothes Mentor Franchise
* 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
Computer Renaissance Franchise
-
Clothes Mentor Franchise
Yes
Canada Expansion
Computer Renaissance Franchise
No
Clothes Mentor Franchise
-
International Expansion
Computer Renaissance Franchise
No
Clothes Mentor Franchise
-

Company Overviews

About Computer Renaissance

With constant upgrades to computers in both the hardware and software fields, you can ensure your spot in a highly the innovative computer industry by becoming part of a continuing market demand. No other computer franchise opportunity benefits more from change than here at Computer Renaissance. We are a full service computer retail store specializing in customer solutions ~ quality refurbished and new personal computer hardware, software and related accessories. Our stores also provide custom built computers, system upgrades and superior technical services to its clientele both in-store and on-site. We service both the consumer and the Small to Medium Business customer. Computer Renaissance operates its franchise system in nearly 100 retail outlets throughout the U.S. We are looking to continue growing our franchise system in North America (soon internationally) and are currently seeking qualified professionals with energy, drive and enthusiasm who are capable of using our systems and support to further their own success. Computer Renaissance has been working with entrepreneurs and professionals from various backgrounds to build strong and successful franchises. With almost two decades of experience, we can provide our independent franchises the direction that helps them achieve the goals they have for their business. If you want to be in business for yourself but not by yourself and love technology and helping people, talk to us about the opportunity we have available for you.

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