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.
Franchise Costs
4% royalty + $2,000/yr NMF (national marketing, up to $3,000/yr) + $1,000/yr technology access + $300/mo software support
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
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 | 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
SBA 7(a) loan activity over time
* Data sourced from SBA 7(a) FOIA loan records. Default rate calculated from charged-off loans.
Franchisee Contacts
113 franchisee contacts on file from official FDD filings.
| Name | SBA Loan |
|---|---|
John Smith ABC Franchise LLC | $350,000 2023 · Active |
John Smith ABC Franchise LLC | $350,000 2023 · Active |
John Smith ABC Franchise LLC | $350,000 2023 · Active |
John Smith ABC Franchise LLC | $350,000 2023 · Active |
John Smith ABC Franchise LLC | $350,000 2023 · Active |
113 Contacts Available
Unlock all CLOTHES MENTOR franchisee contacts with verified contact information
Due Diligence
Litigation (Item 3)
Bankruptcy (Item 4)
System Health (Item 20)
Franchise system changes reported in the most recent fiscal year
Frequently Asked Questions
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.
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