Return to search results

Women's Fashions Resale - Clothes Mentor

Athens, GA (Clarke County)

LOVE what you do!
Contact Seller

Asking Price: $100,000

Cash Flow: N/A

Gross Revenue: $541,000

EBITDA: N/A

FF&E: $85,000

Inventory: $60,000*

Rent: $6,554.06 /Month

Established: 2015

*not included in asking price.

Women's Fashions Resale - Clothes Mentor

Save Print Share Valuation Report

Business Description

Join the largest chain of Women's Fashion Resale stores in the country

[NOTE: Local store owner/franchisee will provide financials.]

One key to success in business is to fulfill a need or satisfy a desire.

Women feel great when they look great. They know they can enjoy a much more affordable and diverse wardrobe, to look & feel great all of the time, by shopping at Clothes Mentor® stores.

From 2007 to 2017, the Clothes Mentor franchise system grew from just 2 stores to 140+ stores open in over 30 states... Capitalizing on fulfilling that need/desire, Clothes Mentor has become the largest chain of Women's Fashions Resales stores in the country.

Here's your chance to take part in that success.

How is Clothes Mentor different?
• Please read the One-Page PDF in the ATTACHED DOCUMENTS section below.
• You can also visit: https://www.clothesmentorfranchise.com/

What do our store owner/ franchisees think about it?
• View the brief video clip below. (YouTube)

WHAT'S IN IT FOR YOU?
• Higher Annual Sales Revenue Potential - in our years of experience, we have seen many individually owned, non-franchise consignment stores with annual sales revenues of around $200k per year. We operate at much higher levels: the majority of Clothes Mentor stores see annual sales revenues between $500K to $1.8million.

• The Hard Work is DONE - the store build-out is already in place, the staff is trained and has a relationship established with customers.

• Buy this store for less than HALF THE COST of opening a new store - then focus on further building customer traffic utilizing the ever improving marketing tools/training/technology and on-going support of the franchise system to take your new business to the next level of performance.

• Brand Recognition: This store is one of over 140+ Clothes Mentor stores in the USA - now with a national e-commerce platform for even more sales revenue opportunities.

• Take advantage of BIG DATA - our stores benefit from a proprietary Point-of-Sale computer hardware/software system that collects data from our stores nation-wide. We pay our customers immediately, right over the counter, to buy their better brand, in-style & in great condition fashions. So, it's important to know what brand/style/color of items to buy and then what to resell them for... there's a built-in buying matrix. It's cloud-based too, so you can run reporting on your store remotely - even export your financial data easily into your book keeping software. This technology, to measure and maximize your business, is just a part of what really differentiates Clothes Mentor stores from competitors/imitators.

• Don't Forget: IT'S FUN - because we are buying and selling apparel, shoes, and designer pursed every day - the inventory is ever dynamically changing. This keeps if fun and engaging for customers, staff, and you!

Attached Documents


Detailed Information

Location:
Athens, GA
Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
3,700
Lease Expiration:
9/1/2019
Employees:
4
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The current lease on 3,700 square feet is good through September, 2019, and may be extended with agreement of the lessor.
Growth & Expansion:
WHAT THIS BUSINESS NEEDS TO GO TO THE NEXT LEVEL: Good upside potential to grow sales revenue through active, on-site, hands-on owner/operator who can: • work closely with staff to lead and further train them creating repeat shoppers, • leverage new social media tools to build revenue opportunities to a national market, • invest more capital into advertising • be involved in the community / promotions / local charitable causes & events • hosting special events within the store and hold a Grand Re-Opening to highlight store changes and new owners
Support & Training:
As part of the Clothes Mentor national franchise system, owner/manager training is provided at the main office in Minneapolis, MN. A Franchise Business Consultant is assigned to be your small business consultant, so you can maximize the growth and potential of this business. Store owner has 24/7 Extranet available for manuals, training, and advertising materials.
Reason for Selling:
Store Owner wants to trim back total number of businesses to simplify.
Franchise:
This business is an established franchise
Business Website:
http://www.clothesmentorfranchise.com/
Contact Seller

Business Location


Contact the Seller

Contact Seller Loading

Business Listed By:
James Wollman

Show Phone Number

Listing Statistics

Unlock

Demographic Information

Unlock


Ad#:1613729 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's Terms of Use before responding to any ad.


Similar Listings


Plato's Closet

Franchise Opportunity In GA
Capital Required: $255,000