Start a High-Margin Women’s Fashion Resale Franchise
Clothes Mentor buys and sells name-brand and designer clothing, shoes, handbags, and accessories.
A Smarter Approach to Fashion Resale
Clothes Mentor gives entrepreneurs the opportunity to build a local business around fashion, value and resale—backed by an established brand and proven systems.
$819K+*
Average Annual Store Sales
69.43%**
Average Gross Margin
$308K–$431K***
Estimated Initial Investment Range
Why Choose Clothes Mentor?
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The Resale Advantage
Clothes Mentor is thrifting made easy! Each independently-owned Clothes Mentor franchise sells gently used name-brand and designer clothing, shoes, and accessories for up to 70% off original retail prices.
Our owners have a great eye for pieces that are in excellent condition.
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Industry Growth
In the face of the "retail apocalypse," the resale industry has emerged as a beacon of growth and sustainability. Resale is projected to grow more than 9X faster than traditional retail by 2027 and will be a $57B market by 2032.
Even major retailers like Nordstrom, Macy’s, and Madewell have entered the resale game, recognizing its immense potential.
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A Proven Model
With a tried-and-true approach boasting impressive gross margins, Clothes Mentor offers a recipe for financial success.
As an NTY Resale Franchise owner, you make more money faster, empowering you to easily achieve your entrepreneurial goals.
Real Stories From Clothes Mentor Owners
How the Business Works
01. Customers Bring In Their Fashion
Local customers bring gently used name-brand and designer clothing, shoes, handbags and accessories to the store.
02. Certified Buyers Evaluate Each Item
The store’s buyers inspect the merchandise and use Clothes Mentor’s point-of-sale buy matrix to help determine consistent offers.
03. Sellers Receive an Offer
For accepted items, customers can receive cash on the spot or a percentage in store credit.
04. Merchandise Is Resold
Accepted items are priced at up to 70% below original retail and sold in-store, with participating store inventory also available through Clothes Mentor’s national ecommerce platform.
05. Fresh Inventory Encourages Repeat Visits
Stores regularly add newly purchased merchandise to the sales floor, giving shoppers something different to discover each time they visit.
Connect to Learn More?
Contact Us to Receive Your Free Franchise Report
FAQs
Answers to Your Questions About Owning a Store
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Q: How much potential earnings does this franchise offer? +
A:
Earning potential ultimately depends on the dedication and effort of the operator/franchise owner. We provide you with a comprehensive system and tools to execute your business plan successfully.
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Q: Once I sign the Franchise Agreement, what is the timeframe to open my location? +
A:
It typically takes 6-9 months to open a newly franchised store, with most of that time spent finding a location. Once you have a location and lease, it takes 90 days to the grand opening.
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Q: Am I allowed to speak to franchisees? +
A:
Yes, as part of the due diligence process, you can speak with franchise owners to discuss the brand and their experiences, ensuring this franchise is what you are looking for in a business opportunity.
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Q: What ongoing fees are involved in this franchise opportunity? +
A:
We have several ongoing fees, including a royalty fee, a marketing fee, a technology access fee, and an e-commerce fee. The royalty is 4% of net sales, paid weekly, with an additional 2% fee for e-commerce sales. The marketing fee is $3000 for the year. The technology access fee is $1500 for the year. Item 6 of the Clothes Mentor Franchise Disclosure Document (FDD) outlines all ongoing fees.
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Q: How long is the franchise term? +
A:
The franchise is granted for 10 years, with an option to renew it for an additional 10 years.