Frequently Asked Questions
Do I need business experience to run a Fifi's Fine Resale Apparel® franchise?
Prior business experience is helpful in running a Fifi's Fine Resale Apparel® franchise. However, we will train individuals who are self-starters and possess the ability to learn skills necessary to manage the business. The Fifi's Fine Resale Apparel® opportunity requires hard work, without question, but the rewards are many.
Where should I locate my business?
Our understanding of the market has enabled us to compile location criteria based upon traffic count, population centers, and consumer habits. Presently, we are looking for franchisees in the Greensboro and Raleigh, North Carolina areas. The location of a Fifi's Fine Resale Apparel® franchise store is critical and should be in a "'high traffic" spot. Space requirements are between 1,600 and 3,000 square feet. Tourism destination communities are ideal for a Fifi's Fine Resale Apparel® franchise. Parking must be available and ideally the location should be close to restaurants and other more established retail stores.
What is the royalty fee and what does it cover?
The royalty fee is 3% of gross revenue each month, which covers a number of specific items. The most important of those is our ongoing support of franchisees! Additionally, this royalty covers ongoing use of our Fifi's Fine Resale Apparel® trademark and systems, and the goodwill of the public image created by our Fifi's Fine Resale Apparel® name through a variety of means, including promotional materials.
How is a Fifi's Fine Resale Apparel® business different from other business opportunities?
The Fifi's Fine Resale Apparel® concept has a built in flexibility and adaptability that is unique to the consignment industry. Low overhead, multiple revenue streams from clothing, accessories, shoes, jewelry and furniture, rapidly changing inventory, merchandise that is priced to sell quickly are just a few of the reasons why being a Fifi's Fine Resale Apparel® franchise owner is rewarding and satisfying. And let's not forget about your contribution to the environment for as a Fifi's Fine Resale Apparel® franchisee you'll help to "save the planet" by matching slightly or never used merchandise with the myriad of customers out there looking for brand names at affordable prices. Going 'green” never looked so good!
What do I do next?
Please take a few minutes, fill out the Preliminary Information Sheet and send it to us. We will review it and, if you meet our criteria, call you to schedule a meeting.