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2021 Franchise 500 Rank
N/R Not ranked last year
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Initial investment
$178K - $309K
Units as of 2016
11 175.0% over 3 years

Company Overview

About Mode

Industry
Retail
Related Categories
Apparel & Accessories
Founded
2007
Leadership
James Stockeland, CEO

Franchising Overview

Franchising Since
2009 (12 years)
# of employees at HQ
8
Where seeking

This company is seeking new franchisees throughout the US.

# of Units
11 (as of 2016)

Franchisor Information

Social
Facebook, Twitter
Corporate Address
5012 53rd St. S., #G
Fargo, ND 58104

Information for Franchisees

Here’s what you need to know if you’re interested in opening a Mode franchise.

Financial Requirements & Ongoing Fees

Here’s what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.

Initial Franchise Fee
$30,000
Initial Investment
$178,000 - $309,000
Net Worth Requirement
$250,000
Cash Requirement
$75,000
Veteran Incentives
10% off franchise fee
Royalty Fee
6%
Term of Agreement
10 years
Is franchise term renewable?
Yes

Financing Options

Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.

In-House Financing
Mode offers in-house financing to cover the following: inventory

Training & Support Offered

Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.

On-The-Job Training
10 days
Classroom Training
5 days
Additional Training
At-home training courses
Ongoing Support
Purchasing Co-ops
Newsletter
Meetings & Conventions
Grand Opening
Online Support
Field Operations
Marketing Support
Co-op Advertising
Ad Templates
National Media
Marketing Planning & Support

Operations

Additional details about running this franchise.

Is absentee ownership allowed?
No
Can this franchise be run from home/mobile unit?
No
Can this franchise be run part time?
No
# of employees required to run
3-4
Are exclusive territories available?
Yes

Franchise 500 Ranking History

Compare where Mode landed on this year’s Franchise 500 Ranking versus previous years.

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Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise by Entrepreneur Media. Our franchise listings and rankings are solely research tools you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise. That should include reviewing the franchisor's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees.
Updated: February 8th, 2021