Clothes Bin

Clothes Bin

Information based on 2024 FDD

Other · Other

Investment min
$140K
Total: $140K–$194K
Avg gross revenue
$363K
Unit-level, 2024
Franchise fee
$50K
Per current disclosure
Royalty
$120 - $180/week
Locations
38
Franchising since 2015

Description

What is Clothes Bin?

Clothes Bin is an innovative franchise opportunity that's revolutionizing the textile recycling industry through a sustainable and profitable business model. Founded in 2014, this eco-conscious franchise has established itself as a leader in keeping textiles out of landfills while creating valuable business opportunities for entrepreneurs.

The concept is brilliantly simple yet impactful: franchisees operate a network of distinctive collection bins where community members can conveniently donate clothing, shoes, and other textiles. These items are then processed and redistributed through various channels, including second-hand markets, recycling facilities, and humanitarian organizations.

What sets Clothes Bin apart is their proprietary technology and systematic approach to textile collection. Their smart bins are equipped with monitoring systems that optimize collection routes and maximize operational efficiency. This technology-driven approach allows franchisees to operate a streamlined, low-overhead business while making a significant environmental impact.

The franchise provides comprehensive support including site selection assistance, operational training, marketing strategies, and ongoing business development guidance. Franchisees benefit from a proven business model that combines passive income potential with the satisfaction of contributing to environmental sustainability.

As communities increasingly prioritize sustainable practices and responsible waste management, Clothes Bin franchisees are well-positioned to meet this growing demand while building a profitable business. The franchise's commitment to innovation, sustainability, and operational excellence makes it an attractive opportunity for entrepreneurs seeking a purpose-driven business venture with strong growth potential.
  • Lower entry investment than competitors
  • Established decade-long operational track record
  • Multi-location proven business model
  • Affordable clothing market positioning
  • Delivery service capability included
  • Regional market presence established

Location Analysis

Where Clothes Bin wins

Clothes Bin maintains an established presence across multiple states, with documented locations primarily in the Southeast and Mid-Atlantic regions. The franchise shows particular strength in Pennsylvania, Florida, and Alabama, while maintaining strategic operations in North Carolina, South Carolina, Texas, and West Virginia. This geographic distribution suggests a methodical expansion approach focused on regional clustering.

The franchise's impressive customer satisfaction metrics demonstrate strong operational execution, particularly notable for a brand established in 2014. Their locations consistently receive positive customer feedback, with standout performance in small to mid-sized markets like Carlisle, PA, which exemplifies their successful service model.

Ideal locations for Clothes Bin franchises typically succeed in suburban areas with dense residential populations and strong community engagement. The franchise appears to perform well in markets with median household incomes between $45,000-$75,000, suggesting a sweet spot for their textile recycling and donation services. Significant expansion opportunities exist in untapped markets within their current operating regions, particularly in the Southeast where they've already established operational infrastructure.

Prospective franchisees should focus on communities with limited textile recycling options, strong environmental consciousness, and established donation cultures. The franchise's concentrated regional presence enables operational efficiencies and strengthens brand recognition within connected markets.
Total US locations
43
Franchise units
38
Corporate locations
5
Avg. sq. footage
N/A

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Financial Analysis

The numbers behind Clothes Bin

Avg gross revenue$362,592
Investment range$140,340 – $193,880
Investment midpoint$167,110
Brand fund$1.50/bin
Royalty$120 - $180/week
Franchise fee$49,500
Min. net worth
Min. liquid capital
Clothes Bin presents an **entry-level franchise opportunity** with total investment requirements of **$140,340 - $193,880**, positioning it well below the sub-sector average range of $319,581 - $552,800. This lower capital requirement makes it accessible to first-time franchisees and investors with limited liquid capital, though specific net worth requirements aren't disclosed. The clothing retail sector faces ongoing challenges from e-commerce disruption and changing consumer shopping patterns, requiring careful market analysis. **Established in 2014 with 43 units**, the system demonstrates moderate growth over its decade-long history, suggesting steady but measured expansion. The franchise operates primarily in smaller markets across North and South Carolina, indicating a focus on underserved communities rather than major metropolitan areas. The reported gross revenue of **$362,592** falls below the sub-sector average of $400,057, which may reflect the brand's positioning in value-oriented markets or its relatively smaller operational footprint. Clothing retail requires inventory management expertise and seasonal planning capabilities, making retail experience advantageous for potential franchisees. The lower investment threshold enables multi-unit development opportunities for qualified investors seeking portfolio expansion. Territory rights and exclusivity terms should be carefully reviewed given the concentrated geographic presence. Ideal candidates should possess **sufficient working capital** beyond the initial investment to manage inventory cycles and seasonal fluctuations. The franchise's focus on affordable clothing with delivery services addresses budget-conscious consumers, though market competition from national chains and online retailers remains a consideration. Prospective investors should thoroughly review the FDD and conduct comprehensive market analysis before proceeding.
Did you know? Did you know that launching your own Clothes Bin franchise - a sustainable clothing donation and recycling business that helps communities reduce textile waste while generating revenue - requires a total investment between $140,340 and $193,880, which includes the $49,500 franchise fee plus all equipment, inventory, and startup costs needed to begin collecting and processing donated clothing in your territory?

Financing partners

Vetted partners, tailored to franchisees

Your Franzy advisor can connect you with these partners later in the process — competitive rates, specialized in franchise financing.

FranFund

Lender

CRF USA

Nonprofit SBA lender; provides financing for franchise acquisitions, startups, and expansion.

Lender

First Bank of the Lake

Lender

Pension Pros

Lender

FDD Item 7

Initial investment range

$140K–$194K
Most common
$140,340
Minimum
$167,110
Midpoint
$193,880
Maximum

Per FDD Item 7, total initial investment ranges from $140,340 to $193,880. The midpoint $167,110 is what most franchisees report at signing — financing typically reduces cash-at-close by 80–90%. Knowing the investment range helps you plan confidently and ensure you're fully prepared to make the leap.

FDD Item 19

Average gross sales

$500K$400K$300K$200K$100KN/A
$394K
$400K
$363K
2022
2023
2024
Avg
$386K
YOY change (2023 -> 2024)
-9%

According to Item 19 of the Franchise Disclosure Document, Clothes Bin has an average gross revenue of $363K. (Note: This information is based on the latest FDD in our records. Please review the Franchise Disclosure Document (FDD) and confirm this information directly with the brand. We make no claims of accuracy for the information presented.)

Growth over time

Franchise footprint

+19% YoY
50403020100
2017
2018
2019
2020
2021
2022
2023
2024
43 units open as of 2024 FDD+7 in last 12 mo

2024 Franchise Disclosure

FDD documents

Below are items 2, 3, 4, 7, 11 and 19 for Clothes Bin's 2024 FDD. The complete FDD is delivered to you directly by the franchisor, per the FTC Franchise Rule.

Estimated initial investment
FDD Item 7 · PDF
Financial performance representations
FDD Item 19 · PDF
Members-only items
Executive team
FDD Item 2 · PDF
Litigation
FDD Item 3 · PDF
Bankruptcy
FDD Item 4 · PDF
Franchisor assistance
FDD Item 11 · PDF
Members only
Unlock the 2024 FDD

Connect to download Items 2, 3, 4, and 11 — direct from the franchisor.

Buyer FAQs

Frequently asked questions

The initial investment for a Clothes Bin franchise typically ranges between $140,340.00 and $193,880.00. This includes the franchise fee, equipment, real estate, and other startup costs. To get a detailed breakdown and better understand the financial requirements, we recommend scheduling a call with the Franzy team. We'll walk you through the specifics and answer any questions you might have. For more detailed information, refer to the financial sections of the FDD.

Disclaimer. The information provided on this page is based on the latest Franchise Disclosure Document (FDD) that is publicly available and that we have on record, which was issued in 2024. This information is for informational purposes only and is not intended to constitute legal, financial, or business advice. We make no guarantees or claims regarding the completeness or accuracy. For the most current and detailed information, we recommend consulting the franchisor directly for the most recent FDD and regarding any questions that you may have about the information provided.

Clothes Bin
Clothes Bin
$363K avg revenue · 38+ US franchises

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