Do you want to start a clothing store franchise but lack ideas? If YES, here are 10 best clothing boutique franchise opportunities for sale and their cost.
Aspiring entrepreneurs and investors who live in United States of America and would want to start a boutique business have two options on how to go about it. The two options you have is to build your boutique business brand from the very scratch or buy the franchise of an existing and successful boutique company.
From a general perspective, the average investor and entrepreneur would usually look towards investing little money to earn huge profits.
In essence, starting a clothing boutique business from the scratch in the United States of America will cost you more and you would have to wait for a while; usually around 3 years or more before you can break even. But if you buy the franchise of a successful boutique company whose brand is well accepted, then you will struggle less to recoup your investment and go ahead to make profit.
So, if you want to buy a boutique franchise, here are 10 best boutique franchise companies to buy in the United States of America and the amount their franchises go for.
10 Best Clothing Boutique Franchise Opportunities for Sale and the Cost
- Apricot Lane Boutique
Apricot Lane Boutique is a notable clothing boutique business that was founded in 1991 and the business has fashion forward retail stores in shopping centers and high traffic areas. The initial franchise fee of this business is about $34,500 and this amount covers the required induction and training, the organization technology and a recognizable brand name.
It is important to state that Apricot Lane is a member of the prestigious Country Visions®, Inc. franchise, that specializes in offering a wide variety of fashion-forward styles, accessories and gift items at affordable prices.
- Gap Inc.
Gap Inc. is an American clothing brand and they are amongst the leading global retailers offering clothing, accessories and personal care products for men, women and children under some of the most recognizable brands in fashion such as Gap, Banana Republic, Old Navy, Athleta, Intermix brands amongst others.
Gap Inc. is rapidly expanding into key international markets through selling their franchise. It is important to state that you would need extensive business experience before you can be considered to buy and operate their brand.
- Hometown Threads
Hometown Threads is a clothing boutique business that gives customers the opportunity to order custom embroidery, monograms and other custom items. The company has a handful of franchise locations around the United States and they are still in the business of selling their franchise to interested investors who have what it takes to operate their franchise.
- Pro Image Sports
Pro Image Sports Stores is an American boutique company that offers licensed merchandise from professional sports teams, including jerseys and other apparel and accessories. The company sells their franchise for about $30,000 and you expected to also pay a smaller fee for any additional stores you choose to open thereafter. Pro Image sport stores was founded in 1985 and represent the only independent, and officially licensed sports apparel and novelty franchise outlet in the world.
- Plato’s Closet
Plato’s Closet is a chain of boutique stores that was founded in 1998 and it is a business that focuses on buying and selling neatly used clothing that is of course still fashionable for children, teens and young boys and girls. If you want to purchase the franchise of this business, the initial investment you are expected to make is between $150,000 and $500,000. One good thing about Plato’s Closet clothing boutique is that there are also opportunities for franchisees to invest in several locations once they meet their part of the franchise contract.
- Kid to Kid®
Kid to Kid® is an American children’s boutique company that was founded in 1992. This company offers a resale franchise opportunity for those interested in owning a family friendly business. The company has a good number of prime territories available for interested investors who want to purchase their franchise.
The initial investment you are expected to make if you are interested in this franchise opportunity is around $247,980 to $373,480. Kid to Kid® is designed to solve this “growing” problem in two ways–they purchase neatly-used kids clothes, toys, and baby furnishings and sell them at unbelievably low prices.
- Once Upon a Child
Once Upon a Child is a children boutique that has chains of stores. The clothing store sells both new and neatly used children’s clothes, toys, furniture and equipment. If you are interested in purchasing Once Upon a Child’s franchise, then you would need to raise a minimum of $75,000 in cash or liquid assets in order to get started. Once Upon a Child is an American children’s boutique company was founded in 1984.
- Instant Imprints
Instant Imprints is yet another American clothing boutique franchise business that offers custom apparel and similar products that can be used for promotional purposes, group outings and lots more. If you are interested in purchasing the franchise of Instant Imprints, then you must be ready to invest at least $100,000 in liquid capital to get started.
- Mainstream Boutique
Mainstream Boutique is one of the leading America women’s fashion brand that offers opportunities for franchisees who want to really connect with their customers and offer quality products. If you are interested in buying the franchise of Mainstream Boutique, that you should be ready to cough out an initial franchise fee that ranges from $18,000 to $35,000.
- Big Frog
Big Frog is notable American clothing boutique franchise company that offers custom t-shirts and lots more. Asides from the fact that you are expected to pay an initial franchise fee of $39,500, the company also requires franchisees to have about $50,000 on ground as working capital before they can go into full operation of their franchise.
There you have it, the 10 best boutique franchises that an aspiring entrepreneur or investor can who is interested in the clothing industry in the United States of America can buy into.
Interesting Statistics About the Online Clothing Retail Industry
The clothing industry has truly grown to an enviable height not just in the United States, but all over the globe and there are loads of clothing companies who are in the business of selling their franchise to entrepreneurs and investors who want to be part of the business. They have been able to do the groundbreaking, business conceptualization, branding and of course, the bulk of the job you would naturally do when you are starting a new business.
Research has it that online shopping retail sales are predicted to grow steadily to $370 billion in 2017, up from $231 billion in 2012. Online retail revenue experienced an 11 percent year-over-year growth rate for the first quarter of 2014, with online orders growing with 13 percent increase when compared to the same quarter in 2013.
Statistics revealed that in the first quarter of 2014, online retail revenue generated via a mobile device was up 35 percent over 2013 first quarter, with mobile owning 13.7 percent of total e-commerce orders in Q1 2013 compared to 18.5 percent during Q1 2014. Two-thirds of Americans 50-plus buy from e-retailers online.
It was confirmed that 83 percent of those who shop online are said to be satisfied with the experience. Most of the people that lodged complaints indicated that they are not satisfied with being restricted to the delivery date and time chosen by the online store. The average online shoppers prefers flexibility when it comes to choosing delivery date; ability to choose a specified time of day for delivery of purchase; flexibility to reroute packages; and lastly a green shipping option.
Aside from computers which people use to source for goods online and also to purchase stuffs from online stores, a recent research conducted indicated that consumers ages 25 to 34 lead the chart in Smartphone usage in-store, comparing prices, reading reviews, buying products, and engaging with brands on social media while in physical stores.