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Units as of 2020
N/A Yearly Data not available
2020 Franchise 500 Rank
N/R Not ranked last year
Initial investment
$178K - $309K

Company Overview

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About Mode

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

Franchising Overview

Franchising Since
2009 (12 years)
# of employees at HQ
8
Where seeking
Franchisor is seeking new franchise units throughout the U.S.

Franchisor Information

Social
Twitter Facebook
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 - $30,000
Initial Investment
$178,000 - $309,000
Net Worth Requirement
$250,000
Cash Requirement
$75,000
Royalty Fee
6%
Term of Agreement
10 years
Is franchise term renewable?
Yes

Are you unsure which franchise is right for you?

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

Operations

Additional details about running this franchise.

Can this franchise be run from home/mobile unit?
No
# of employees required to run
3
Are exclusive territories available?
Yes

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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: October 23rd, 2020
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