Kid to Kid vs Clothes Mentor Franchise Comparison

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

Start-Up Costs and Fees

 
Kid to Kid Franchise
Clothes Mentor Franchise
Investment $234,500 - $394,000 $219,000 - $344,000
Franchise Fee $25,000 $20,000
Royalty Fee 5% 4%
Advertising Fee 0.5% $2K/yr
Year Founded 1992 2001
Year Franchised 1994 2007
Term Of Agreement 10 years 10 Years
Term Of Agreement 10 years 10 Years
Renewal Fee 25% of franchise fee $10K


Business Experience Requirements

 
Kid to Kid Franchise
Clothes Mentor Franchise
Experience
  • General business experience
  • Knowledge of children's products helpful, but not required
  • -

    Financing Options

     
    Kid to Kid 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/Yes -/-
    Payroll No/Yes -/-

    Training & Support

     
    Kid to Kid Franchise
    Clothes Mentor Franchise
    Training On-The-Job Training: 40 hours Classroom Training: 88 hours Additional Training: At existing location 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 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 Regional Advertising Social media SEO Website development Email marketing Loyalty program/app Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app
    Operations International franchisees required to buy multiple units/master licenses; 31% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 4

    Absentee ownership of franchise is NOT allowed. (90% of current franchisees are owner/operators)

    * 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

     
    Kid to Kid Franchise
    Clothes Mentor Franchise
    US Expansion - Yes
    Canada Expansion No -
    International Expansion Yes -

    Start-Up Costs and Fees Mobile

    Investment
    Kid to Kid Franchise
    $234,500 - $394,000
    Clothes Mentor Franchise
    $219,000 - $344,000
    Franchise Fee
    Kid to Kid Franchise
    $25,000
    Clothes Mentor Franchise
    $20,000
    Royalty Fee
    Kid to Kid Franchise
    5%
    Clothes Mentor Franchise
    4%
    Advertising Fee
    Kid to Kid Franchise
    0.5%
    Clothes Mentor Franchise
    $2K/yr
    Year Founded
    Kid to Kid Franchise
    1992
    Clothes Mentor Franchise
    2001
    Year Franchised
    Kid to Kid Franchise
    1994
    Clothes Mentor Franchise
    2007
    Term Of Agreement
    Kid to Kid Franchise
    10 years
    Clothes Mentor Franchise
    10 Years
    Renewal Fee
    Kid to Kid Franchise
    25% of franchise fee
    Clothes Mentor Franchise
    $10K


    Business Experience Requirements

    Experience
    Kid to Kid Franchise

  • General business experience
  • Knowledge of children's products helpful, but not required
  • Clothes Mentor Franchise
    -

    Financing Options

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

    Training & Support

    Training
    Kid to Kid Franchise
    On-The-Job Training: 40 hours Classroom Training: 88 hours Additional Training: At existing location
    Clothes Mentor Franchise
    On-The-Job Training: 20 hours Classroom Training: 63 hours
    Support
    Kid to Kid 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
    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
    Kid to Kid Franchise
    Co-op Advertising Ad Templates Regional Advertising Social media SEO Website development Email marketing Loyalty program/app
    Clothes Mentor Franchise
    Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app
    Operations
    Kid to Kid Franchise
    International franchisees required to buy multiple units/master licenses; 31% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 4

    Absentee ownership of franchise is NOT allowed. (90% of current franchisees are owner/operators)

    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
    Kid to Kid Franchise
    -
    Clothes Mentor Franchise
    Yes
    Canada Expansion
    Kid to Kid Franchise
    No
    Clothes Mentor Franchise
    -
    International Expansion
    Kid to Kid Franchise
    Yes
    Clothes Mentor Franchise
    -

    Company Overviews

    About Kid to Kid

    Shauna Sloan dragged her significant other Brent into an upscale youngsters' resale store in 1992. As a lawyer and strip mall official, Brent was shocked by the second-hand store's chic customer base. Persuaded that no administrator had completely amplified the capability of the resale idea, the Sloans set out to make a kids' resale organize, making a trip crosscountry to visit stores and converse with clients, supervisors and proprietors. Later that same year, the Sloans opened their first store in Sandy, Utah. They opened a moment store inside the year, with the principal establishment area opening in 1994.

    Kid to Kid is an energizing and element establishment that is not simply retreat verification -"it is subsidence prosperous, with a model that interests to families from each level of pay.Kid to Kid has flourished throughout the most recent two decades from a family's basic thought into an energizing shopping background that consolidates the retail force of resale with a world class shopping knowledge.

    Today, Kid to Kid is a compel in the retail space, with a demographic that extends past the run of the mill resale customer profile. We are keeping on achieving record highs in benefits and deals. Joining our establishment family as of now could introduce the ideal open door for you to possess your own particular business while additionally finding autonomy and soundness through a flourishing business that increases the value of your group.

    Seeking new franchise units throughout the U.S., Australia/New Zealand, Canada, Central America, Eastern Europe, Mexico, South America and Western Europe    

    Veteran Incentives  $5,000 off franchise fee

    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