Mint Condition offers janitorial and building maintenance services for residential and commercial properties. The franchise provides high-quality cleaning and maintenance, with over 25 years of experience and 400 franchises nationwide.
Key Insights
- Mint Condition began with a vision to offer a sustainable and accessible way for consumers to acquire quality pre-owned apparel. The business model focuses on curated selection, rigorous quality checks, and providing a shopping experience that rivals new retail. This approach has cultivated a loyal customer base seeking value and style.
- The franchise operates on a model of acquiring desirable pre-owned clothing and accessories. Items are then expertly cleaned, repaired if necessary, and presented for resale. Customers can consign or sell their items directly, creating a continuous flow of inventory that appeals to a broad demographic.
- The pre-owned fashion market is experiencing significant growth as consumer preferences shift towards sustainability and affordability. This sector offers a compelling alternative to fast fashion, driven by increasing awareness of environmental impact and a desire for unique, high-quality garments.
Franchise Fee and Costs to Open
Exploring the financial picture of Mint Condition gives insight into both the upfront commitment and the potential revenue opportunity. According to FDD Item 7, opening this franchise typically involves an investment in the range of $117,595 - $665,280, along with a franchise fee of $84,000 - $588,000.
Financial Performance and Revenue
Yearly gross sales of $1,628,529 and estimated earnings of $195,424 - $244,280 show the potential financial performance of this franchise. These figures are crucial for prospective franchisees as they help to project revenue and profitability. They offer insight into the business's ability to generate income and can be used to compare its performance against other investment opportunities. The Franchise Payback Period of 2.8-4.8 provides an estimation of the time it might take for an owner to recover their initial investment. This metric is a key consideration for anyone evaluating the financial viability of a franchise, as it relates directly to the speed at which the business can become profitable. A shorter payback period can indicate a faster return on capital, which is a significant factor in making an informed decision about a franchise investment.
Training and Resources
Mint Condition provides comprehensive initial training. This program, lasting two weeks, takes place at Mint Condition's headquarters. New franchisees receive extensive resources covering operational procedures and business management. Mint Condition also offers ongoing support to help franchisees establish their operations.
Legal Considerations
Legal considerations for a Mint Condition franchisee are outlined in the Franchise Disclosure Document (FDD) and the Franchise Agreement. Note that this franchise discloses lawsuits and/or bankruptcy information in its FDD, which may impact your evaluation. Subscribe now to access more details and be sure to consult a qualified attorney before proceeding.
Challenges and Risks
A franchisee might encounter considerations regarding established local competitors offering similar services, requiring a strong value proposition and effective marketing. Managing the consistent availability and quality of specialized cleaning supplies presents another factor, alongside the operational nuances of scheduling technicians and ensuring customer satisfaction across diverse property types. Developing a dependable local workforce with the necessary skills is also a key area for focus.
Franchise Datasheet
FAQs
What is the minimum cash required to open a Mint Condition franchise?
How can I estimate the profitability and return on investment (ROI) of a Mint Condition franchise?
What is the franchisee fee for a Mint Condition franchise?
How to open a Mint Condition franchise?
How many locations does Mint Condition have?
Get insider access to franchise insights
Subscribe to receive expert tips, franchise rankings, and exclusive data straight to your inbox, trusted by thousands of aspiring business owners and investors.
Franchise resources & insights
Explore expert guides, data-driven articles, and tools to help you make smarter franchise decisions, whether you're just starting out or ready to invest.
