Concept Description
Scout and Molly’s Boutique began with the dream to make business ownership a reality for more entrepreneurs who love fashion. So, they created a place where women would feel comfortable shopping, not feel judged when they walked through the door and could count on a customer focused, personalized shopping experience.
Scout & Molly’s is a distinctive choice in the women’s retail boutique industry. These intimate boutiques offer a carefully curated line of the latest sought-after and on-trend fashions. Scout & Molly’s has locations nationwide, with a recommended core of brands & styles, with some items reflecting the region and tastes of the local market.
Check out Scout & Molly’s Overview Video:
https://www.youtube.com/watch?v=aCpIiooo1a4
Share out Scout & Molly’s Client Facing Video with your clients:
https://www.youtube.com/watch?v=sIF_AjuoIs4
Testimonials
See Franchisee Testimonials on Scout & Molly’s Education Portal.
Introduction->Hear From Scout & Molly’s Franchisees! :
https://r7consultantspage.rhino7.com/scout-and-mollys/educational-portal/
Publicity
Unit Option
Single, Multiple
Background
FDD Franchised Units: 20
Corporate Owned Units: 0
Projected New Units: 20
Year Established: 2008
First Year Franchised: 2014
Type of Business: Franchise
Hours of Operation: Regular Business Hours
Number of Employees: Small (1-5)
History:
Scout and Molly’s Boutique began with a dream. A place where women would feel comfortable shopping, a place where they didn’t have to worry about what they were wearing when they walked in the store, a place where women could count on a friendly face and an honest opinion. Scout & Molly’s wants being a business owner to become a reality for more women entrepreneurs.
Availability
Territories: United States
Financials
Liquidity: $100,000
*Investment Range: $300,000 - $388,000
**Average Investment: $200,000 - $388,000
Provided by the Franchisor
Minimum Net Worth: $500,001 to $750,000
6 Month Cash: $100,001
Franchise Fee: $60,000
Royalty: 7%
Royalty Description: 7% of Gross Sales due weekly.
Advertising: $1,000 per month
National Advertising: 1% of Monthly Gross Sales
Ramp-Up: 4 to 6 months
Passive Ownership: Semi- passive at onset (they can hire a manager to run business)
Passive Ownership means the owner is working 15 hours or less per week in the business.
Available Discounts
- Veterans
Discount Description: $500 off the Franchise Fee
Training, Support and Assistance
Co-Operative Advertising: Available
Site Selection Assistance: Available
Lease Negotiation Assistance: Available
Length of Training: 1 week
Training Description:
Classroom training paired with in store training for sales, marketing, merchandise selection, software functionality, and Franchisee ownership responsibilities.
Operational and Marketing Tools:
Franchisees begin marketing prior to the Grand Opening by 60 days. The marketing mix includes social media, SEO, and other types of virtual marketing to begin. Later, a Franchisee transitions to a mix of old school meets new school marketing approaches. The old school approach includes trunk/home shows, flyers, staff promotions, and local sponsorships.
Financing Assistance: Available