Clothes Mentor
Women's clothing and accessories resale stores
My Queue

There are no Videos in your queue.

Click on the Add to next to any video to save to your queue.

There are no Articles in your queue.

Click on the Add to next to any article to save to your queue.

There are no Podcasts in your queue.

Click on the Add to next to any podcast episode to save to your queue.

You're not following any authors.

Click the Follow button on any author page to keep up with the latest content from your favorite authors.

About
Founded

2001

Franchising Since

2007 (12 Years)

Corporate Address

4350 Baker Rd., #350
Minnetonka, MN 55343

CEO

Ronald Olson

Parent Company

NTY Franchise Co.

Financial Requirements
Initial Investment

$226,500 - $349,000

Net-worth Requirement

$400,000

Liquid Cash Requirement

$75,000 - $90,000

Ongoing Fees
Initial Franchise Fee

$25,000 - $25,000

Ongoing Royalty Fee

4%

Ad Royalty Fee

$2K/yr.

Financing Options

Clothes Mentor has relationships with third-party sources which offer financing to cover the following: 
startup costs, equipment, inventory

Veteran Incentives

$2,500 rebate on franchise fee

Support Options
Ongoing 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 Support

Co-op Advertising

Ad Templates

National Media

Regional Advertising

Social media

SEO

Website development

Email marketing

Loyalty program/app

On-The-Job Training:

20.5 hours

Classroom Training:

64 hours

Number of Employees Required to Run:

8 - 8

Bio
Clothes Mentor is the flagship brand of NTY Franchise Co., which also franchises Children's Orchard and NTY Clothing Exchange. Clothes Mentor began franchising in 2007 and now has more than 140 stores in 30 states. Clothes Mentor specializes in buying and selling like-new clothing, shoes and accessories for women.
Cost
Initial Investment: Low - $226,500 High - $349,000
Units
-3.4%-5 UNITS (1 Year) +3.6%+5 UNITS (3 Years)

Units (Locations)

Where Seeking Franchisees:

Franchisor is seeking new franchise units throughout the U.S.

Franchise Articles

Chick-fil-A Is Now the 3rd-Largest Restaurant Chain in America, and McDonald's and Starbucks Should be Terrified

Chick-fil-A moved up from the No. 7 spot on last year's Top 200 ranking, passing Wendy's, Burger King, Taco Bell and Subway.

Austin Campbell Breaks Down Why He Owns 13 Sola Franchises

He was one of the first Sola franchisees and has experienced continued success. His number 1 reason: supporting beauty entrepreneurs and celebrating their successes.

What Franchises Should Look For In a Marketing Firm

Reaching customers (and potential franchisees) is part art, part science. Three industry vets offer advice on finding a marketing and social media firm that strikes the right balance.

You Can't Buy a Starbucks Franchise: Here's Why and What You Can Do Instead

You can't get a Starbucks franchise, but you might be able to apply for a licensed store.

Disclaimer

The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise.
Updated: August 1st, 2018