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Updated RecentlyScout and Molly's Boutique vs MODE Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Scout and Molly's Boutique vs MODE including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $252,300 - $301,000 | $171,000 - And Up |
| Franchise Fee | $50,000 | $30,000 |
| Royalty Fee | 5.5%-6% | 6% |
| Advertising Fee | 1% | 1% |
| Year Founded | 2002 | 2007 |
| Year Franchised | 2014 | 2011 |
| Term Of Agreement | - | - |
| Term Of Agreement | - | - |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | - | - |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | -/- | -/- |
| Start-up Costs | -/Yes | -/- |
| Equipment | -/Yes | -/- |
| Inventory | -/Yes | -/- |
| Receivables | -/- | -/- |
| Payroll | -/Yes | -/- |
Training & Support |
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| Training | On-The-Job Training: 24 hours Classroom Training: 24 hours | Our franchisees first take a three phase online course after which they spend one full week in Fargo at our Store Support Center and Flagship location. We send a team of 2 to every store for a full week before they open. Once open for six weeks, we offer a Phase VI one-on-one training program with our Founder and the franchisee. |
| 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 | Ad Templates Social media SEO Website development Email marketing Loyalty program/app | - |
| Operations | Absentee Ownership Allowed Number of Employees Required to Run: 4 | - |
Expansion Plans |
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| US Expansion | Yes | - |
| Canada Expansion | - | - |
| International Expansion | - | - |
Company Overviews
About Scout and Molly's Boutique
Lisa Kornstein Kaufman credits her drive and nerve for bringing the dreams of owning a business to fruition. Like many, Lisa was initially hesitant and thought becoming an entrepreneur was unattainable due to the overwhelming amount of research and time it takes to start a business from the ground up.Yet she followed her project with a purpose and in 2002 opened her first Scout & Molly’s Boutique.
Lisa and her concept were welcomed by women who not only raved about the boutique’s ambiance, service, and merchandise, but who also inquired about how they could open their own Scout & Molly’s Boutique location.Scout & Molly’s Boutique wants this to become a reality for more entrepreneurs by providing their franchisees with a proven system complete with support for inventory and purchasing control, training in technology and general retail operations, plus real estate and marketing assistance. Scout & Molly’s Boutique is a niche within the retail industry and is poised to be a national leader in the retail boutique industry, giving you the opportunity to own a fun, enjoyable and highly lucrative franchise!
Now you can say your personal closet is 1,200 square feet!
Veteran Incentives $1,000 off franchise fee
About MODE
MODE is a designer outlet in a boutique environment and Home of the $40 Designer Jean. We are a Fargo, ND based company and currently have 12 locations across the Midwest and SC. MODE is unique in that is take the outlet concept and merges it with a boutique environment to make it a special shopping experience, unlike any other.