Style Encore - Franchise
Join Winmark's family of award-winning brands with Style Encore - the latest addition to Plato's Closet, Once Upon A Child, Play It Again Sport and Music Go Round. Style Encore specializes in buying and selling gently-used casual and business apparel, shoes, handbags and accessories for women in their late 20s to mid 50s.
What Does a Style Encore Franchise Cost?
To buy a franchise with Style Encore, you'll need to have at least liquid capital of $69,210- $116,820 and a minimum net worth of $250,000. Franchisees can expect to make a total investment of $230,700 - $389,400. They also offer a discount for veterans (10% off the Master License Fee). *
Requirements
Financial requirements for this franchise:
Liquid Capital: | $69,210 - $116,820 What does Liquid Capital mean? |
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Net Worth: | $250,000 What does Net Worth mean? |
Total Investment: | $230,700 - $389,400 What does Total Investment mean? |
Options
Options available to franchisees:
Training: | Available |
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Veteran Discount: | 10% off the Master License Fee |
Franchisor Details
Facts about this franchise:
Total Units: | 15 |
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Home Office: | Minneapolis, MN |
Year Founded: | 2013 |
Style Encore is the newest brand in the Winmark family joining award winning brands - Plato’s Closet, Once Upon A Child, Play It Again Sports and Music Go Round in the growing resale retail industry. Style Encore is the solution for the fashion needs of women in their late 20s to mid- 50s and is the big sister to Plato’s Closet and a welcome resource for the Once Upon A Child moms. Our typical customers are career women, young professionals just getting started in the business world, moms and shoppers who are fashion, bargain and recycling conscious. Style Encore rounds out the rest of the Winmark brands by specializing in buying and selling gently-used casual and business apparel, shoes, handbags and accessories for women in their late 20s to mid-50s. At Style Encore, our customers are able to sell current fashion items they no longer wear; and get paid cash on the spot, as well as purchase new items at a tremendous value of up to 50% - 70% off regular retail!
As the established leader in the resale-retail space, Winmark is the largest franchisor in this industry with five award winning brands and over 1,000 stores across North America. In fact, Winmark recently received an “A” in Franchise Support from Forbes Magazine. Once Upon A Child, Plato’s Closet, Play It Again Sports and Music Go Round are all the largest and most established brands in their respective categories. The experience and knowledge of 30 years in this industry provides the foundation to build Style Encore into the industry leader in the women’s apparel space as well.
There is an amazing amount of nearly-new clothing hidden in every woman’s closet. Did you know a large percentage of this inventory still has the sales tags on it? It’s true! By targeting women who are fashion conscious and love to change styles often but want a great value at the same time, Style Encore franchisees build tremendous client loyalty and repeat business by creating a marketplace in which both the seller and buyer profit.
At Style Encore Everyone Wins:
- The seller: they now have a market to sell clothing, handbags, shoes and accessories they no longer want.
- The buyer: they can purchase items at up to 50%-70% off regular retail pricing.
- The customer who both buys and sells to our stores: they get the added benefit of payment on the spot plus great savings on their purchase!
Training and Support
Starting a small business is exciting and can be a bit overwhelming. With 30 years of experience in franchising and over 1,000 locations, Winmark Corporation has the support, training and tools to make your dream of opening your own business a reality!
Training and franchise support that includes:
- Business planning assistance including development of a three-year business plan, Retail site selection, demographic studies and area market analysis.
- Proprietary computer system specifically designed to meet the needs of our unique buying and selling business model.
- Over 75 hours of classroom instruction. On-site pre-opening and opening support including employee training, merchandising, store operations and service procedures.
- Ongoing small business consultation support from regional field operations staff who work as an analyst, advisor and liaison between the franchise system and the corporate office team.
- Professionally produced advertising and marketing resources including television and radio commercials, direct mail materials, print advertisements, local store marketing programs and much more.
- Toll-free computer support center staffed by technicians that provide assistance with hardware, software and operational questions seven days a week.
Ideal Candidate
Making the decision to be your own boss and be in control of your future is an exciting adventure, and we appreciate being considered in your business search. If you have a passion for fashion, interacting with customers, recycling product, or simply excited about learning how you can build a business for yourself, Style Encore may be the business for you!
All candidates must have a minimum of $70,000 in liquid capital.
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Availability
Style Encore is currently accepting inquiries from the following states:
Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, District Of Columbia, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, North Carolina, North Dakota, Nebraska, 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 and Canada
Interested parties should have at least $69,210 in liquid capital to invest.
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