Question 1

How many Clothes Bin franchise locations are there?

Accepted Answer

Clothes Bin currently has 74 total units, including 70 franchised locations and 4 company-owned locations.

Question 2

Is the Clothes Bin franchise system growing or shrinking?

Accepted Answer

Clothes Bin has experienced positive net growth of +72.1% over the past year, with a 3-year compound annual growth rate (CAGR) of +27.1%.

Question 3

What is the franchise vs. company-owned ratio for Clothes Bin?

Accepted Answer

Clothes Bin has a franchise ratio of 95%, meaning 95% of all units are franchisee-owned. This is a heavily franchised system.

Question 4

How many Clothes Bin franchise units have opened and closed recently?

Accepted Answer

In the most recent reporting year (2024), Clothes Bin had 35 units opened and 1 units closed.