Investment Information

Opening Your Own Franchise Business with Winmark®

Every successful small business starts with the right amount of capital to get it going. We qualify our U.S. franchise candidates on an approximate investment of $250,000. However, this investment will vary depending on the market and other factors. Either individually or with a financial partner, our minimum net worth and liquid asset requirements are as follows:

  • $75,000 – Cash or liquid assets*
  • $175,000 – Equity or other assets to be used as collateral to obtain sufficient bank financing.

*Liquid asset examples include cash, non-retirement stocks, and bonds, etc.

Verification of financial data such as cash available will be required as you move forward in our franchise process. Funds quoted above are in U.S. dollars.

Interested in more detailed franchise costs and investment information for opening a Style Encore location in the U.S.? Call us at (866) 595-0053 today.

Canadian Investment Information

Either individually, or with the assistance of a financial partner, applicants will have access to $75,000 USD in cash or liquid assets* that can be turned into cash. Additionally, the applicant should have assets of at least $175,000 USD to be used as collateral to obtain appropriate financing. These financial requirements are based around the total investment costs of the business.

*Liquid asset examples include: cash, non-retirement stocks and bonds, etc.

Please note: Written financial documentation will be required as you move forward in our franchise process.

Style Encore Fast Facts

Looking for a quick overview of our Style Encore franchise locations? Below, see some quick facts about our retail stores, our demographics, and other key information about this exciting resale brand.

Sales and gross margins:

  • Top Quartile Average Gross Sales: $925,776 (2016)*
  • Top Quartile Average Gross Profit: $529,955 (2016)*

*As stated in Item 19 of the 2017 Style Encore® Franchise Disclosure Document (as reported the 35 Style Encore® stores that had been in operation at least one year as of December 31, 2016). The Top Quartile Average Gross Sales and Average Gross Profit only relates to 8 of the reporting Style Encore® stores who ranked in the top 25% of the gross sales range. Of the 8 reporting stores in the top quartile, 1 or 13% of the stores attained or exceeded the top quartile Average Gross Sales and 2 or 25% of the stores attained or exceeded the top quartile Average Gross Profit. A new franchisee’s results will likely differ from these results.

Real estate:

  • Power strip centers or suburban centers around regional shopping malls with co-tenants appealing to women
  • 3,000 – 4,000 square feet

Product selection:

  • Women’s sizes 0 – 4X
  • Clothing, shoes, handbags and accessories

Core Customers:

  • Women starting in their late 20s and up
  • Middle to upper-middle income households

Ready to start the qualification process? We're ready to hear from you. Submit our qualification form to our team today.

People Love Buying and Reselling Used Items...Everyday!
  • 1 Sales & Gross Margin

    Average Store Gross Sales: $633,491*

    Average Gross Profit: $367,439*

    Top Quartile Average Gross Sales: $925,776*

    Top Quartile Average Gross Profit: $529,955*

  • 2 Core Customers

    Women starting in their late 20s and up

    Middle to upper-middle income households

  • 3 Product Mix

    98% Gently Used

    2% New

    Product Selection: Women’s sizes 0 – 4X. Clothing, shoes, handbags and accessories.

  • 4 Real Estate

    Power strip centers or suburban centers around regional shopping malls with co-tenants appealing to women

    3,000 – 4,000 square feet

*The Average Store numbers are the 2016 Average Gross Sales and Average Gross Profit amounts stated in Item 19 of the 2017 Style Encore® Franchise Disclosure Document (as reported by the 35 stores that had been in operation at least one year as of December 31, 2016). Of the 35 reporting stores, 15 or 43% of the stores attained or exceeded the Average Gross Sales and 19 or 54% of the stores attained or exceeded the Average Gross Profit. The Top Quartile Average Gross Sales and Average Gross Profit only relates to 8 of the reporting Style Encore® Stores who ranked in the top 25% of the gross sales range. Of the 8 reporting stores in the top quartile, 1 or 13% of the stores attained or exceeded the top quartile Average Gross Sales and 2 or 25% of the stores attained or exceeded the top quartile Average Gross Profit. A new franchisee’s results will likely differ from these results.

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