Scout & Molly's Boutique

Description

Scout & Molly’s is a 900 to 1,200 square foot class A Retail storefront business catering to women of Mid to high income households. Average customer is 30-65 year old female but Scout & Molly’s does a good job selling to husbands or boyfriends too.

Key Business Features

  • Inventory & Buying Program – The process of selecting and buying and selecting designer lines can be a daunting task if you are not familiar with the process. Scout & Molly’s team regularly attends vendor and buying events and will use our purchasing history and eye for fashion to identify clothing lines our owners will carry in the stores. Ordering is easy, each owner will have access to hundreds of clothing lines in which they can select from. All is managed and processed through our inventory control technology system.
  • Point of Sale System – Scout & Molly’s uses a computer software system that will allow the owner to have a bird’s eye view of the entire operation. This system will handle everything from Associate scheduling and payroll, cash management, inventory control, reporting system and customer management. This system is cloud based allowing the owner to access his/her account from anywhere.
  • Marketing and Promotions – Scout & Molly’s will implement a variety of marketing and promotions to drive traffic to the store. Social media is also an important marketing tool to drive traffic and awareness to each location. Scout & Molly’s owners will also promote and host home shows and other private parties. Scout & Molly’s in-house marketing team will assist owners with Grand Opening and on-going marketing efforts.
  • ‘Rustic Chic’ design & theme. Classy look and feel at a very reasonable cost to develop

Business Type:
Retail (Brick and Mortar)

Background

Year Established: 2002
Year First Franchised: 2013
Franchised Units: 10 - 50
Actual number of units: 25
Company Owned Units: 2

States referrals areaccepted in:

  • Alabama
  • Alaska
  • Arizona
  • Arkansas
  • California
  • Colorado
  • Connecticut
  • Delaware
  • Florida
  • Georgia
  • Hawaii
  • Idaho
  • Illinois
  • Indiana
  • Iowa
  • Kansas
  • Kentucky
  • Louisiana
  • Maine
  • Maryland
  • Massachusetts
  • Michigan
  • Minnesota
  • Mississippi
  • Missouri
  • Montana
  • Nebraska
  • Nevada
  • New Hampshire
  • New Jersey
  • New Mexico
  • New York
  • North Carolina
  • Ohio
  • Oklahoma
  • Oregon
  • Pennsylvania
  • Rhode Island
  • South Carolina
  • Tennessee
  • Texas
  • Utah
  • Vermont
  • Virginia
  • Washington DC
  • West Virginia
  • Wisconsin
  • Wyoming

Background Notes

  • Current locations in Raleigh, Cary, Charlotte, NC, Columbia, SC and Winter Park, FL
  • Comming soon to Philadelphia, Houston, Baca Raton, West Chester County (NY), Charleston (SC), Manhattan
  • Please check for availabilty of states and territories.
 

Financial / Terms
Cash Investment (Liquid): $275000
Minimum Investment: $250300
Maximum Investment: $294750
Minimum Net Worth: $400000
Franchise Fee: $50000
Discounts: Vet Fran
Average # of Employees: 4-6
Financial Performance Representation / FPR-Item 19 in FDD: Yes
Ownership Participation: Owner-Operator
Passive Ownership
Royalty Type: Scalable

Royalty Fee Structure:
5% (scales up to 6% in year 3 and beyond)

Ad Fee Structure:
1% of gross revenue

Financial Terms Notes:

  • Cash Investment: Single Unit – Average investment is $275,000
  • Total Investment: Single Unit – Average investment is $275,000
  • Minimum Net Worth: Single Unit - $400,000
  • Franchise Fee: Single - $50,000; 2 pack - $80,000; 3 pack - $100,000; 5 pack - $140,000; 10 pack - $240,000
  • VetFran Program Participant: Yes, we offer $1,000 off the franchise fee
  • Discounts: VetFran, Women, Minorities? VetFran ONLY
  • Royalty Fee: 5% (scales up to 6% in year 3 and beyond)
  • National Ad Fee: 1% of gross Local Ad Fee: $1,000 per month
  • Average # of Employees: 4 - 6 (Manager plus 3-5 part timeAssociates called Style Scouts)
  • Owner Participation: Passive (Semi-Absentee), Owner-Operator

Franchise Sales

Single Unit: Yes
Multiple Units: Yes
Area/Master Developer: No
Resales: No

International Expansion

International Expansion Opportunities: No

 

Support & Training Provided

Financial Assistance Provided: Yes
Site Selection Assistance: Yes
Lease Negotiation Assistance: Yes
Co-operative Advertising: Yes
Support and Training Notes:

Financial Assistance Provided: Yes, via third party lenders

Training:

  • 1 week at corporate location
  • 3 - 5 days onsite at franchisee location
  • All field support staff are knowledgeable, experienced and available to franchisees.
  • National Convention (Annually)
  • E-Training
  • Corporate Support Center
  • Weekly productivity calls with Franchisee

Get Started!

 

Freddy O'Pry

Franchise Development

281-342-7474