Clothes Mentor

Founded: 2001 Franchising since: 2007

14200 Wayzata Blvd., #H Minnetonka, Minnesota 55305

Phone: (866)261-2030

Franchisor is a privately-held company with 8 employee(s); 1 employee(s) in franchise department.

Franchise Growth

Year	U.S. Franchises	Canadian Franchises	Foreign Franchises	Company Owned
2009	17	0	0	1
2008	9	0	0	1
2007	3	0	0	0
2006	N/A	N/A	N/A	1
2005	N/A	N/A	N/A	1

Where Seeking Franchisees
In the U.S. Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North carolina, North dakota, New hampshire, New jersey, New mexico, Nevada, New york, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode island, South carolina, South dakota, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West virginia, Wyoming

Exclusive territories available.
Territory size: 50,000+ population

Total investment: $140K-229K Franchise fee: $20K

Ongoing royalty fee: 4% Term of agreement: 10 years, renewable

Type of Financing Available

	In-House	Third Party
Franchise Fee	No	No
Startup Costs	No	Yes
Equipment	No	Yes
Inventory	No	No
Accounts Receivable	No	No
Payroll	No	No

Qualifications
Net worth requirement: $250K
Cash liquidity requirement: $40K
Business Experience:

• General business experience
• Staff management experience

Operations

• 50% of all franchisees own more than one unit
• Number of employees needed to run franchised unit: 8 - 8
• Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)

Training

• Available at headquarters: 2 weeks

Ongoing Support

• Newsletter
• Meetings
• Toll-free phone line
• Grand opening
• Field operations/evaluations

Marketing Support

• Co-op advertising
• Ad slicks

Franchise 500® rank:
#470 (2009);