Scout & Molly's
Scout & Molly’s is a popular destination for unique clothing, jewelry and accessories where women can find distinctive ways of expressing their style. Each boutique stays true to the original vision to carry fabulous clothes in a warm, welcoming atmosphere and provide outstanding service. Whether a customer is searching for that perfect pair of jeans or a dazzling dress for an upcoming event, the Style Scouts of Scout & Molly’s Boutique make the experience enjoyable and productive.
Business Model Differentiators:Franchisees of Scout and Molly’s Boutique enjoy the business model because:
– No need for franchisee to know boutique industry nor have prior retail experience,
– Commercial Real Estate site selection and construction management
– Small footprint of 1,000 sq ft means lower cost to build-out and lower operating costs ongoing. All while being in the best centers!
– Buying System does the work of curating the apparel and jewelry purchasing, while store owner makes final selections to customize the offerings to their specific location.
– Unique line of clothing and accessories not often found through other channels
Ownership Models:
– Owner-Operator (CEO Role/Manager) – Franchisee will run the day to day of business. This includes marketing, hiring and managing employees, goal setting, and achieving.
– Manage the Manager – Franchisee will hire a manager, manager oversees the day-to-day tasks, franchisees run the budget, manage the financials of the business, and oversee the company as CEO.
Franchisees acquire new business primarily by having a strong online presence, trunk shows, and having a very visible retail space.
Ideal Franchisee – There is no fashion experience required. Scout & Molly’s is the perfect franchise for a fashionista, business-minded couple, or mother-daughter team with a passion for fashion. Sales and/or marketing experience is desirable but not required. Females like Scout & Molly’s.
Financials
Investment: $293,000 – $382,000
Liquid Required: $100,000
Franchise Fee: $60,000
Royalty: 6%
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