U.S. Investment Information for Style Encore

U.S. Investment Information
for Style Encore

Investment Requirements

Every successful small business starts with the right amount of capital to get it going. We qualify our 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. Click here for Canadian Investment Requirements.

Interested in more detailed franchise costs and investment information?
Click here toLEARN MORE>

Canadian Investment Information for Style Encore

Canadian Investment Information
for Style Encore

Investment Requirements

Every successful small business starts with the right amount of capital to get it going. Therefore, minimum requirements for net worth and liquid assets have been established for those wishing to become a Style Encore franchise owner. These figures are representative for each individual location.

Either individually, or with the assistance of a financial partner, applicants will have access to $75,000 in cash or liquid assets* that can be turned into cash. Additionally, the applicant should have assets of at least $175,000 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. Funds quoted above are in Canadian dollars. Click here for U.S. Investment Requirements.

*Royalty fee is 5% of gross sales, paid weekly.

Interested in more detailed franchise costs and investment information?
Click here toLEARN MORE>

Style Encore Fast Facts

  1. Sales and Gross Margins:

    Top Quartile Average Gross Sales: $920,021*
    Top Quartile Average Gross Profit: $530,116*

  2. Core Customers:

    Women starting in their late 20s +
    Middle to upper-middle income households

  3. Product Mix:

    98% Gently Used
    2% New
    Product Selection: Women’s sizes 0 – 3X. 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

Style Encore

Style Encore

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winmark-franchise-growth
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