Question 1

How much does it cost to open a Clothes Bin franchise?

Accepted Answer

The total initial investment for a Clothes Bin franchise ranges from $162K to $217K, according to the latest Franchise Disclosure Document (FDD).

Question 2

What is the Clothes Bin franchise fee?

Accepted Answer

The initial franchise fee for Clothes Bin is $50K.

Question 3

What are the net worth requirements for a Clothes Bin franchise?

Accepted Answer

Net worth requirements for Clothes Bin are specified in the Franchise Disclosure Document.

Question 4

Does Clothes Bin require a personal guarantee?

Accepted Answer

Yes, Clothes Bin requires a personal guarantee from franchisees.

Question 5

What equipment and inventory costs are involved with a Clothes Bin franchise?

Accepted Answer

Equipment costs for a Clothes Bin franchise range from $70K to $80K.