CLOTHES MENTOR
Clothes Mentor franchises stores that buy and sell gently used and new women’s clothing and accessories. The business model involves selling franchises to operators who run these resale stores, with the franchisor providing support and branding. The target market is primarily women seeking affordable, quality second-hand and new fashion items.
Disclaimer: This information was extracted using AI from public Franchise Disclosure Documents and should be independently verified. This is not financial or legal advice. Always review official FDD filings before making investment decisions.
Overview
Financial Requirements
4% royalty + $2,000/yr NMF (national marketing, up to $3,000/yr) + $1,000/yr technology access + $300/mo software support
Franchise Stats
Financial Performance
Item 19 Financial Performance
Data Based On: 106 franchised Clothes Mentor® Stores in operation for the entire calendar year ended December 31, 2024, divided into quartiles.
* All values for 2024 were extracted from 'SECTION B, TABLE 1 – 2024 AVERAGE NET SALES' and 'SECTION B, TABLE 2 – 2024 AVERAGE GROSS PROFIT'. 'Average Net Sales' from Table 1 is used for 'average_gross_revenue'. 'Gross Profit' from Table 2 is defined as 'Net Sales less Cost of Goods and does not reflect any expenses related to Store operations'. This definition does not align with the prompt's definition for 'average_net_profit' (which requires subtraction of operating expenses) or 'average_ebitda', thus these fields are set to null. No information on operating expenses or other profit metrics (net income, EBITDA) was found to calculate 'best_guess_profit_low' or 'best_guess_profit_high'.
Extracted Item 19 Section
How CLOTHES MENTOR Compares to Other Clothing & Fashion Franchises
Key Insights
- Higher investment than 100% of Clothing & Fashion franchises
- #2 largest franchise system in Clothing & Fashion
- One of the lowest SBA loan default rates in Clothing & Fashion
| Franchise | Investment Range | Franchise Fee | Royalty | Locations |
|---|---|---|---|---|
CLOTHES MENTOR Current | $305K - $429K | $25K | 4.0% | 113 |
| PRO IMAGE FRANCHISE LC FRANCHISE AGREEMENT | $110K - $606K | $30K | 5.0% | 149 |
| APRICOT LANE | $156K - $347K | $40K | 5.5% | 112 |
| MAINSTREAM BOUTIQUE | $198K - $361K | N/A | N/A | 64 |
| Pearce Bespoke | $43K - $128K | $56K | 10.0% | 49 |
| Bella Bridesmaids | $103K - $262K | $50K | 4.0% | 41 |
Clothing & Fashion Average 6 franchises | $153K - $355K | $40K | 5.7% | - |
* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 6 Clothing & Fashion franchises by location count.
Locations & Growth
Outlet Growth Over Time
Total outlets at end of each year
Geographic Distribution (2024)
Outlets by state across the United States
+15 more states
SBA Loan History
Historical SBA 7(a) loan data for CLOTHES MENTOR franchisees (2010 - 2025)
Loans by Year
* Data sourced from SBA 7(a) FOIA loan records. Default rate calculated from charged-off loans.
Franchisee Contacts
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Due Diligence
Litigation (Item 3)
No litigation involving franchisees reported in the FDD.
Bankruptcy (Item 4)
No bankruptcy history reported in the FDD.
System Health (Item 20)
Franchise system changes reported in the most recent fiscal year
Frequently Asked Questions
How much does it cost to open a CLOTHES MENTOR franchise?
The total initial investment to open a CLOTHES MENTOR franchise ranges from $305,000 to $428,500. This includes a franchise fee of $25,000. Ongoing royalty fees are 4.0% of gross sales.
How much revenue does a CLOTHES MENTOR franchise make?
According to the 2025 FDD, the average gross revenue for a CLOTHES MENTOR franchise is $780,058. The median revenue is $729,053.
How many CLOTHES MENTOR franchise locations are there?
As of the 2025 FDD, CLOTHES MENTOR has 113 franchise locations. The company has been franchising since 2006.
Can you get an SBA loan for a CLOTHES MENTOR franchise?
Yes, SBA loans are available for CLOTHES MENTOR franchises. Historical data shows 66 SBA 7(a) loans have been approved for CLOTHES MENTOR franchisees, with an average loan amount of $189,865. The historical default rate is 3.0%.
Is CLOTHES MENTOR a good franchise to buy?
CLOTHES MENTOR shows several positive indicators: established brand with 113+ locations, transparent financial performance data (Item 19), low SBA loan default rate. However, franchise success depends on many factors including location, local market conditions, and owner involvement. We recommend speaking with existing franchisees and consulting with a franchise attorney before making a decision.
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