Franchise Investment and Startup Costs
Clothes Bin® is a relatively low-cost business investment for franchise candidates. The estimated total investment in Clothes Bin®, including working capital and the initial franchise fee, ranges between $158,995 and $199,815. In addition to third-party financing for qualified applicants, we also offer the following discounts to the franchise fee:
- $5,000 franchise fee discount available for all First Responders
- $20,000 discount off the second franchise fee
- $30,000 discount off the third or more franchise fees
We also seek prospective franchisees with liquid assets of at least $100,000 liquidity and a net worth of at least $350,000.
Because the Clothes Bin® does not require a brick-and-mortar location, starting your own recycling business requires no build-out costs or construction inspections. As an added ‘Bin’efit, home-based operations mean you won’t have to deal with inventory costs or spoilage.
Explore Franchise Opportunities with Clothes Bin®
When you join the Clothes Bin® franchise family, you’ll take part in a semi-absentee franchise system that promotes recycling, stimulates the economy and provides a source of clothes, shoes and other textiles to those who need it. Our convenient, strategically placed Bins make it easy for local communities to recycle unwanted textiles, helping to reduce waste.
Think Clothes Bin® might be the right franchise opportunity for you? Learn more about franchise startup costs and steps to ownership today.
Want to learn more? Steps to Ownership