MODE Designer Fashion Closeout Prices - Franchise
MODE is a vibrant, fast re-acting, retail store with a unique concept and proven retail operation. We are an exclusive franchise that allows access to purchase designer clothing at deep discounts by negotiating directly with designers. Prospective business owners often become interested in MODE because they're attracted to our model of offering deep closeout prices in a tasteful boutique setting. But as a franchisee, you get much more than that. Learn more now!
Requirements
Financial requirements for this franchise:
| Liquid Capital: | $60,000 What does Liquid Capital mean? |
|---|---|
| Net Worth: | $250,000 What does Net Worth mean? |
| Total Investment: | $150,000 What does Total Investment mean? |
Options
Options available to franchisees:
| Training: | Available |
|---|---|
| Veteran Discount: | 10% Military Discount off Franchise Fee |
Franchisor Details
Facts about this franchise:
| Total Units: | 4 |
|---|---|
| Home Office: | Fargo, ND |
| Year Founded: | 2007 |
What Does a MODE Designer Fashion Closeout Prices Franchise Cost?
Interested parties should have at least $60,000 in liquid capital to invest and a minimum net worth of $250,000. Franchisees can expect to make a total investment of at least $150,000. They also offer a discount for veterans (10% Military Discount off Franchise Fee). *
WHY MODE?
MODE is a vibrant, fast re-acting, retail store with a unique concept and proven retail operation. We are an exclusive franchise that allows access to purchasing BRAND NEW designer clothing at deep discounts. We negotiate directly with designers so that you can stock your store with the current styles and brands at deeply discounted pricing.
- Low investment
- Constant supply of discounted merchandise
- Effective build-out design team and location support
- Proven marketing programs
- On site merchandise and training
- Grand Opening marketing kit
INVESTMENT
We can deliver a MODE store at a very reasonable price, one that is much lower than others in the retail franchise category. The initial investment includes everything you will need to open your doors, such as a store layout, design, fixtures, equipment, training, inventory, merchandising and more.
A typical investment averages $120,000.00. The following is part of that investment:
- Initial one time Franchise Fee: $30,000.00
- Initial start up inventory and inventory re-order
- Build out of store, including all fixtures and POS system
- Initial advertising for Grand Opening
IDEAL MODE CANDIDATE
We seek franchisees with a motivated attitude, fashion forward style sense, and a customer service attitude focused on helping their customers find designer goods at a deep discount. Franchisees should be independent thinkers with a strong work ethic and desire to bring a cutting edge concept to their city.
We offer extensive training and support so that you can confidently operate your own MODE and keep customers coming back. With our high expectations and clear guidelines, you start off with the comfort and confidence to make your business succeed.
GET INTO BUSINESS BUILDING MODE
More and more shoppers today seek out products that offer them good quality at bargain prices. Whether you are a new or seasoned business owner, off-price retail is an excellent opportunity to benefit from these growing trends in shopping and retail sales. MODE provides the knowledge and support that will help make your MODE stand out in the retail market.
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