NTY Clothing Exchange

NTY Clothing Exchange is the resale store with awesome brands and killer deals, so teens and young adults can look fierce without going flat broke. In fact, most of the merchandise within our stores is marked at about 70% off of original retail prices! From floor to ceiling, the stores are serious about style. They are always super-clean, well-organized and stocked full of one-of-a-kind designs.

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NTY Clothing Exchange

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NTY Clothing Exchange Franchise Cost and Requirements for 2024

Background

NTY Clothing Exchange is the resale store with awesome brands and killer deals, so teens and young adults can look fierce without going flat broke. In fact, most of the merchandise within our stores is marked at about 70% off of original retail prices! From floor to ceiling, the stores are serious about style. They are always super-clean, well-organized and stocked full of one-of-a-kind designs.

NTY Clothing Exchange is for all shapes and sizes; we buy and sell trendy, fun fashions in sizes 1-19, S-XXL for girls and sizes 28-40 and S-XXL for guys.

NTY Clothing Exchange is unique because it's not consignment or thrift, it's upscale resale. We pay CASH On-the-Spot for gently-used, on-trend clothing, shoes and accessories; or we offer store credit for 25% more. Our resale brand puts money back into the pockets of the people in the community and promotes the reuse of goods, which also benefits the environment.

Fun events, constantly changing inventory and amazing sales are always happening at NTY Clothing Exchange stores, and every time customers walk in the door, they can expect a friendly staff that provides great customer service.

Company Details

Established: 2014
First Unit Franchised: 2014
Franchised Units: 4
Company Owned Units:
States Registered In: All, but HI and RI.
Canada Franchises: No
International Franchises: No

Support and Training Offered By NTY Clothing Exchange

Financial Assistance Provided: Yes
Site Selection Assistance: Yes
Lease Negotiation Assistance: Yes
Recruiting Assistance: Yes
Co-Operative Advertising: Yes

Training: Session 1 - Business Training

You (or if you are an entity, a Principal Owner) and your Store manager must attend 2 1/2 days of Business Training covering subjects that address pre-Store opening procedures and tools that you will need prior to opening your Store including real estate/site selection, business planning, new Store development, marketing, personnel management, and QuickBooks. You (or if you are an entity, a Principal Owner) must attend the first available Business Training class after you have signed your Franchise Agreement.

Session 2 - Operations and In-Store Training

You (or if you are an entity, a Principal Owner) and your Store manager must attend 6 days of Operations and In-Store Training. Operations Training currently lasts 4 days and will cover subjects that address back-of-house administration, loss prevention, inventory management, customer service and Store standards, including grand opening marketing, merchandising and product knowledge. In-Store Training will take place in our corporate Store for a period of approximately 2 days, and will focus on the key areas of running your new Store including: POS training, Store procedures, product buying, local Store marketing, customer service and visual merchandising.
You (or if you are an entity, a Principal Owner) and your Store manager must have successfully completed Business Training before you may attend Operations and In-Store Training. Before Operations and In-Store Training, you also must have a signed lease that has been received by us and ordered your fixture package. Operations and In-Store Training must be completed before you begin your "Open to Buy" period.

2024 Franchise Requirements Needed to Own a NTY Clothing Exchange Franchise.

What does a NTY Clothing Exchange Franchise Cost?

NTY Clothing Exchange franchise fees for 2024:

Cash Investment: $100,000
Total Investment: $174,700 - $275,500
Minimum Net Worth: $400,000
Franchise Fee: $25,000
Royalty: 4%
Ad:
Average Number of Employees:
Item 19: No
Visa Candidates: Yes
Passive Ownership: No
Home Based: No
B2B: No
Master Franchise Opportunities: No
Veteran Discount: Yes

Is NTY Clothing Exchange a Semi Absentee Franchise with a Passive Ownership Opportunity?

No. NTY Clothing Exchange is not a semi absentee franchise. The owner of the franchise (the franchisee) is expected to be involved in all aspects of day-to-day operations.

Is NTY Clothing Exchange a Home Based franchise?

No. NTY Clothing Exchange is not a home based franchise opportunity.

What Do NTY Clothing Exchange Franchise Owners Make?

This information is not available. NTY Clothing Exchange does not offer an Item 19 in their Franchise Disclosure Document.

Is NTY Clothing Exchange a Master Franchise Opportunity?

No. NTY Clothing Exchange is not a master franchise opportunity.

Does NTY Clothing Exchange Offer a Veteran Discount?

Yes. NTY Clothing Exchange franchise does offer a veteran discount.

Does NTY Clothing Exchange Work with E2 Visa and EB-5 Visa Candidates?

Yes. NTY Clothing Exchange franchise does work with E2 Visa and EB-5 Visa candidates.

Is NTY Clothing Exchange Looking for Franchisees in Canada?

No. NTY Clothing Exchange franchise is not looking for Canada franchisees.

Is NTY Clothing Exchange Looking for International franchisees?

No. NTY Clothing Exchange franchise is not looking for International franchisees.

Where can I see NTY Clothing Exchange's FDD (Franchise Disclosure Document)?

Buying a Franchise Guide: What is a Franchise Disclosure Document?

When evaluating a franchise opportunity, reading and understanding the current version of their FDD is a necessity. Considering the benefits of franchising, such as established brand recognition and support from the franchisor, it's important to also take into account franchise fees and franchising royalty fees. Since most franchisors are privately owned companies, the current versions of their FDDs are typically not available unless requested directly from them.

Click here to connect with a Franchise Consultant who can help you obtain a copy quickly and for free. They can also guide you through the essential franchise questions to ask, ensuring you make a well-informed decision about your investment.

Additional Information

Additional Categories

Green & Eco Friendly, Retail, Non Food Franchises

Number of Units Open

LESS THAN 20 UNITS

Cash Required

$100,000 - $250,000

Master Franchise

No

Passive Franchise

No

Home Based Franchise

No

Item 19 Franchise

No

Veteran Discount

No

B2B

No

Franchise Opportunities in Canada

No

International Franchise Opportunities

No

E2 Visa Franchise

Yes

NTY Clothing Exchange Franchises for Sale

Click Here to inquire about existing NTY Clothing Exchange franchises for sale. We may have NTY Clothing Exchange franchise resales. A franchise resale is an already established franchise owned by a franchisee and the franchisee is looking to sell their franchise.

The International Franchise Professionals Group (IFPG) is an internationally recognized membership-based franchise organization. IFPG Franchise Consultants guide aspiring business owners through the process of identifying and investing in franchise businesses. The IFPG represents more than 550 franchises. We do not represent all franchises listed here. By clicking on "Request a Consultation," you are agreeing to be contacted by one of our Certified Franchise Consultants to discuss franchise ownership.

About our rankings: The IFPG uses its internal data collected from our membership portal to identify which franchises had the most activity in the past week. This ranking system is not based on franchise sales, franchisee success rates or number of units open. Our ranking system should not be used to make a decision on which franchise to buy it was solely created for internal purposes and for our IFPG Members.