Clothes Bin
Retail & Consumer Goods · Apparel & Accessories
- Royalty
- 6.0%
of weekly Net Sales
About Clothes Bin
Clothes Bin® is a pioneering clothing and shoe recycling initiative focused on promoting environmental sustainability while enabling businesses and organizations to generate additional income. By hosting a Clothes Bin®, partners—including shopping centers, schools, and religious organizations—can provide a convenient drop-off point for unwanted clothing, shoes, and textiles. This not only helps divert waste from landfills but also supports local communities through fundraising opportunities.
Clothes Bin® accepts a wide range of items, including apparel, footwear, and accessories. The program’s unique approach not only aids in recycling efforts but also educates participants about the importance of environmental stewardship. With over 500 partner locations and contributions exceeding $1.5 million to schools and organizations, Clothes Bin® stands out as a responsible business model that promotes both ecological responsibility and community engagement.
Join Clothes Bin® in making a meaningful impact while growing your own enterprise in the green revolution of textile recycling. Become a partner and inspire change in your community.
Key terms
- Franchise fee
$50k
- Multi-unit pricing
39,500 for the second Franchised Business; 29,500 for the third and each additional purchased at the same time
- Brand fund
1.5% of Net Sales
- Local advertising
6.0% of Net Sales
- Veteran discount
5000.0% off franchise fee — Discounted Initial Franchise Fee of 44,500 for first Franchised Business for active/retired police, fire, first responders, military or veterans
Brand Percentile Rankings
Growth
- Total locations—
Franchised units open at year-end
- New openings—
Gross new units opened during the calendar year
- 1-year unit growth rate—
Net unit growth versus prior year
- 3-year unit CAGR—
Compound annual growth rate of unit count over the trailing 3 years
- Unit growth ratio—
Cumulative opens / closures through year-end
Unit economics
- Annual unit volume (Median)—
Per FDD Item 19 disclosure
- Annual unit volume (25th percentile)—
Per FDD Item 19 disclosure
- Annual unit volume (75th percentile)—
Per FDD Item 19 disclosure
- 1-year Median AUV growth rate—
Year-over-year change in median AUV
- Store-level EBITDA Margin—
Median unit-level EBITDA / AUV
Investment profile
- Estimated initial investment$189k
Midpoint of estimated initial investment range
↓ Lower is better - Time to open3 months
Midpoint of average time from agreement to opening
↓ Lower is better - Royalty rate6.0%
Percent of net sales paid to the franchisor
↓ Lower is better - Sales-to-investment ratio—
Median AUV / estimated initial investment midpoint
- Cash-on-cash returns—
Median unit-level EBITDA / estimated initial investment midpoint. Steady-state estimate; year 1 returns will be lower as the unit ramps to median volumes.
Franchisee healthLocked
- Unit closure ratio
- Transfer vs. closure ratio
- Percent multi-unit franchisees
- Litigation rate
- EBITDA multiple on sales & transfers
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Location footprint
Showing 94 of 98 mapped locations
Sources
Financial and operating figures are sourced from the brand's Franchise Disclosure Documents. Brand percentile rankings are based on comparisons to other brands that include the same metrics in their Franchise Disclosure Documents.