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.
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
Corporate Owned Units: 0
Projected New Units: 1
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: $319,000 - $388,000
**Average Investment: $300,000 - $388,000
Provided by the Franchisor
Minimum Net Worth: $500,001 to $750,000
6 Month Cash: $100,001
Franchise Fee: $60000
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:
Franchisee training begins at home. Rhino7 Construction Management teams deploy site search and lease negotiation tactics immediately following a new Franchisee coming on board. Owners simultaneously begin educational videos and weekly calls with corporate Scout & Molly’s departments in marketing, sales, and staffing. This training outline leads owners to in store training at both their own location and corporates. Franchisees envision and execute their own unique company culture both during and after formal training.
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