FamilyIQ vs Clothes Bin Franchise Comparison

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

Start-Up Costs and Fees

 
FamilyIQ Franchise
Clothes Bin Franchise
Investment $179 - $1,495$156,145 - $199,965
Franchise Fee $179 - $1,495$40,000
Royalty Fee 0-
Advertising Fee 0-
Year Founded 20012014
Year Franchised 20012015
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements

 
FamilyIQ Franchise
Clothes Bin Franchise
Experience --

Financing Options

 
FamilyIQ Franchise
Clothes Bin Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support

 
FamilyIQ Franchise
Clothes Bin Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans

 
FamilyIQ Franchise
Clothes Bin Franchise
US Expansion YesYes
Canada Expansion Yes-
International Expansion --

Company Overviews

About FamilyIQ

FamilyIQ began twenty years ago by offering state-of-the-art family skill building tools to treatment programs and therapists who wanted to improve family relationships. Over the last 2 decades, FamilyIQ has provided its content, tools and technology available to not only the therapeutic community, but also to large employers and wellness programs who likewise are dedicated to improving families. Today, after thousands have requested it our unique and proprietary content is now available directly to the public… to you. The FamilyIQ system consists of proprietary tools and technology that empowers parents and families to make dramatic and rewarding improvements while having fun together. We get our name from our nationally acclaimed assessment known as the FamilyIQ Test. This assessment measures nine key components of family functioning and provides you with a customized step-by-step plan to learn and build skills that will strengthen your family. Some of our tools are online courses, tests, articles, activity sheets, audio lectures, seminars, workshops, and the list goes on. We like to say, "It’s the manual for raising a family that you never received!”

About Clothes Bin


Clothes Bin® is a national franchise system made up of independently owned bins that are operated by franchisees.
The Clothes Bin® mission is to help people reach their entrepreneurial dream of business ownership through a semi-absentee franchise system that promotes environmental stewardship, stimulates the economy and provides a source of clothes, shoes and textiles in the United States and throughout the world.
This affordable franchise offers a flexible work schedule, low overhead and competitive margins, making it the ideal opportunity for veterans, firemen, teachers, entrepreneurs, part-time workers and anyone looking for a hands-on business.
  • Simply put, there’s no storefront to build out, no inventory to buy and nothing gets spoiled over time.
  • Overhead is low.
  • The franchise can be managed part-time, on your own time. No set hours to keep or store to maintain.
#389 in Franchise 500 for 2021. Not in Franchise 500 for 2020.