Buy a The Closet Trading Company Franchise

The Closet Trading Company (TCTC) is a resale boutique franchise specializing in buying and selling pre-loved contemporary designer and luxury fashion for women and children. Founded in 2003 and franchising since 2018, TCTC offers a curated selection of high-end brands such as Chanel, Louis Vuitton, Gucci, Hermes, and more, focusing on sustainability and community engagement. Franchisees operate beautiful boutique stores that blend consignment, resale, and wholesale sales, with plans to expand into services like consignment concierge and authentication. The franchise requires an initial fee of $40,000, with total startup costs ranging from approximately $142,400 to $425,300 depending on location and build-out. Franchise terms are 10 years with renewal options, charging a 5% royalty, 1% advertising, and 1% technology fees. Franchisees typically need a net worth of $250,000 and liquid assets of at least $100,000. The business model supports both full-time and semi-absentee ownership, with semi-absentee owners hiring full-time store managers who also undergo training.

Latest Resales

  • There are currently no The Closet Trading Company resales available

Why buy a The Closet Trading Company Franchise?

Investing in TCTC offers entry into a thriving resale market with a proven, scalable boutique model and multiple revenue streams. Franchisees receive comprehensive training and support, benefit from exclusive territories, and join a brand committed to sustainability and community connection, making it an attractive opportunity for entrepreneurs passionate about fashion and retail innovation.

The Closet Trading Company Franchise Costs & Information

  • Minimum Qualifications

    • Initial Franchise Fee

      $40,000

    • Initial Investment

      $142,400 - $360,300

  • Royalty

    • Royalty Fee

      5%

  • Training & Support

    • 40 hours on the job training

    • 40 hours classroom training

    • Ongoing support

    • Marketing support

The Closet Trading Company – Additional  Information

  1. Franchisee Support

    TCTC provides extensive training including 5 days virtual and 5 days in-person at headquarters, plus ongoing support in marketing, operations, site selection, lease negotiation, purchasing co-ops, and proprietary software. Marketing efforts include national ad campaigns, social media, SEO, and loyalty programs. Franchisees benefit from a collaborative network and continuous innovation.

  2. Accolades & Awards

    TCTC is recognized for its unique resale business model emphasizing sustainability and luxury fashion, earning strong customer loyalty and community presence.

  3. Industry / Market

    The resale and sustainable fashion market is rapidly growing as consumers seek eco-friendly, affordable luxury options. TCTC’s focus on high-end brands and community engagement positions it well to capitalize on this expanding segment.

  4. Ideal Owner

    Ideal franchisees are motivated, ethical, and entrepreneurial with retail or business management experience. They should be hands-on, sales-oriented, and committed to fostering strong customer and employee relationships to build loyalty and growth.

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