Investment Model and Fees
No previous experience is necessary to qualify for a Scout & Molly’s franchise! Here’s an overview of the support you’ll receive as well as the franchise feel to expect. This information does not constitute an offer or the sale of a franchise.
Scout & Molly’s is completely dedicated to the success of its franchisees; therefore, each franchisee can expect consistent and ongoing support from the corporate office. As part of this support, the following services and training have been developed to assist in all operational aspects of each Scout & Molly’s franchise.
After you’ve signed your franchise agreement, your operations specialist will touch base with you to welcome you to the team. We’ll then schedule a meeting to talk again about our internal drive, the welcome packet, pre-opening checklist, and the resource center.
Our national team of leading retail site search brokers will review all factors to locate the best possible site for your location. An operations specialist will walk you through the welcome packet, the pre-opening checklist, and the resource center within days of you becoming a franchisee.
We collectively discuss the location’s design, the store-in-a-box package, franchisee furniture and fixture responsibilities, as well as the general contractor’s responsibilities.
The Scout & Molly’s buying team travels to regional apparel shows (“Markets”) held in different cities across the US. Here, our buyers source the best of the best in women’s clothing lines. With years of fashion buying experience, their established relationships with designers and sales reps across the country provide every boutique with top selling styles in fashion’s hottest trends. An advantage of the Scout & Molly’s franchise system is the ability for franchisees to benefit from purchases and service relationships negotiated by the company with key suppliers.
Scout & Molly’s will assist you with all supplies needed for the opening of your store.
Online Buying Platform
Franchisees are trained and have access to our wholesale marketplace, an online platform that allows selection of the merchandise available in the franchisee’s territory.
All franchisees will be trained and provided with the documents necessary for staffing their shop. This will be explored in great detail during training week.
When you become a franchisee, training begins immediately. A member of the corporate team will initiate the relationship with a personal phone call to kick start this exciting process. Ongoing training will revolve around each boutique’s build-out, inventory, visual standards, marketing and advertising, and soft and grand openings. The week-long training program will introduce new practices in addition to reinforcing policies and procedures. Ongoing field support will begin once the franchisee’s store has opened.
In-House Marketing Agency
The Scout & Molly’s brand has the benefit of its own dedicated marketing and advertising agency. These media buyers and marketing experts work closely with each franchisee to get the word out about every boutique. As our brand and merchandise continues to evolve in an ever-changing industry, our in-house agency also remains ahead of digital marketing trends to promote brand awareness in your target market and across the country.
Store Opening Prep
A corporate representative will come to your store prior to your soft opening to ensure everything is ready to go for your big day.
Ongoing Field Support
Training doesn’t stop on the phone or after training week. The corporate team will be on the road ensuring each store and owner is meeting and exceeding expectations for success.
This is where the owners and managers will be able to access all of the Scout & Molly’s tools. During the pre-opening phase, this is where the pre-opening checklist will be stored. It is the file storage place where you will be required to keep your store-specific documents current; and going forward, this is the place where we will share various resources with you.
The Discussion Board:
The centralized place where you can chat with other franchisees to share information and best practices.
Access to Microsite
We have established a corporate website at scoutandmollys.com that provides extensive information about the company. Each franchisee’s location will be featured on this website, and its geo-tagging functionality allows customers to find a boutique in a specific area. The website also serves as a tremendous marketing tool allowing franchisees to engage on social media platforms while promoting events.
Scout & Molly’s corporate has created a password-protected Resource Center for franchisees to access 24 hours a day, 7 days a week. This online portal provides forms, documents, branded material, videos, social media images, marketing resources, and more. A forum to ask questions and share ideas with fellow owners and/or the corporate team is also available.
- Franchise Fee: $50,000
- Total Estimated Investment: $250,300.00 to $294,750.00 (includes $25,000 working capital).
- Royalty Fee: 5-6% of gross revenue per month.
- Brand Development Fund: 1% of gross revenue for franchisee growth and development.
Ready to learn more about this unique fashion franchise opportunity? Click here.