The Copper Closet is currently the most affordable boutique franchise opportunity in the industry. No surprises, no unnecessary up-charges, and the option to pay as you go!
Our mission is to provide women with an affordable franchise option so that we can encourage more women to be self-sufficient business owners. We attribute our success with the fact that our start-up cost is very low so that we have not incurred debt on our journey of opening 13 stores in 3 years with little to no revolving debt. We're not afraid to share other franchise costs because we don't have anything to fear. We know what we have to offer, and our cost is at a fraction of theirs.
|Franchise||Minimum Investment||Maximum Investment|
|The Copper Closet||$44,000||$137,000|
|Scout & Molly||$250,300||$294,750|
The Franchise fees listed below are approximate costs and may be more or less than listed due to discounts, landlords covering build out costs, and your ability to get handy!
Franchise Fee paid in full: $30,000
Fee for using our brand name and trade secrets if paid in full at the time of agreement signing.
Franchise Fee, if deferring payments: $35,000
Fee for using our brand name and trade secrets if paid over the course of 1 year in equal payments. $5,000 is due when signing the lease agreement.
Senior Executive Fees: $0
Fee that all franchisers usually have that would range from anywhere between $54,000 - $100,000 that employees a specific person for 6 months to oversee the franchisee operations from construction through the first 3 months of business. This is something that we waive because we oversee the job ourselves to make sure everything is done in accordance and our franchisees can keep costs low.
Store Merchandise Cost: $30,000 - $50,000
Fee used to buy merchandise to fill the store depends on store size. The larger the store, the more merchandise needed to fill it! Smaller stores, at 1,500 sq. ft. or less, typically only need $30,000, while stores over 3,000 sq. ft. will need roughly $50,000 in merchandise.
Interior Décor Package: $4,000 - $7,000
Fee included but not limited to display tables, clothing racks, shelving, mannequins, and interior decorations. The size of store and type of décor package chosen will decide the cost.
Build Out Fee: $5,000 - $50,000
Approximate build out fee depends on many variables, including but not limited to, condition of the store, contractor’s fees, and whether the landlord will reimburse the tenant for improvements.
Royalty Fee: 8%
Our royalty fee is the monthly fee that we collect of gross sales. This fee includes a 1% advertising fee that we use to advertise The Copper Closet in your store area. It is collected monthly based on the prior months sales.
FEE TOTALS: $44,000 - $137,000
Check out our website for more information about our franchise opportunites!