Question 1

How many Clothes Mentor franchise locations are there?

Accepted Answer

Clothes Mentor currently has 113 total units, including 113 franchised locations and 0 company-owned locations.

Question 2

Is the Clothes Mentor franchise system growing or shrinking?

Accepted Answer

Clothes Mentor has experienced negative net growth of -5.8% over the past year, with a 3-year compound annual growth rate (CAGR) of -2.5%.

Question 3

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

Accepted Answer

Clothes Mentor has a franchise ratio of 100%, meaning 100% of all units are franchisee-owned. This is a heavily franchised system.

Question 4

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

Accepted Answer

In the most recent reporting year (2024), Clothes Mentor had 1 units opened and 8 units closed.