Quick Verdict · who it fits
Clothes Bin fits first-time franchise buyers looking for a mid-scale retail concept.
The numbers a buyer needs first — straight from the filing.
Initial investment (Item 7)
$169K - $227K
Franchise fee (Item 5)
$50K
System size (Item 20)
95 +26
Agreement term
5 yrs
Years in business
12+ yrs
Company-owned units
4
Item 3 litigation
None disclosed
Model Clothes Bin's costs in the investment calculator → Prefilled from this filing — startup cost, cash flow and break-even.
Buyer qualifications
✓Financing available•No exclusive territory✓Semi-absentee eligible✓No bankruptcy disclosed✓No Item 3 litigation
Data extracted from the 2026 FDD filed with state regulators. Fees and terms may have changed since filing — request the current FDD from the franchisor before deciding. Not legal, financial, or investment advice. Full disclaimer.
Free AI summary — the first read on the filing.
70
Total units open
35
Units opened last year
1
Units closed last year
+32
Net unit growth
What our analysis flagged across the 2026 filing.
5
Risks to review
4
Strengths identified
5
Questions to ask
How Clothes Bin ranks against 118 Retail peers we've analyzed.
Initial investment
48th pct · of 118 peers
Franchise fee
66th pct · of 118 peers
System size
53rd pct · of 118 peers
Retail industry averages
Avg investment
$247K - $707K
Avg franchise fee
$37K
Avg system size
238
Franchises analyzed
118
Closest concepts by category and investment.
| Brand | Item 19 | Fee | Investment | Royalty | Units |
|---|---|---|---|---|---|
| Clothes Bin | Disclosed | $50K | $169K - $227K | — | 95 |
| Gotcha CoveredSimilar price | Disclosed | $70K | $123K - $217K | — | 172 |
| 7-ElevenBiggest system | Disclosed | — | $163K - $1.7M | 45–56% | 7,229 |
| Byrider Franchising PartnersTop-rated in category | Disclosed | $60K | $947K - $1.6M | 1–2.5% | 81 |
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Free explainers to go deeper before you sign.
Brand Analysis
The '$0 franchise fee' is the bottom of a range, not the fee. 7-Eleven's 2026 FDD prices the Franchise Fee at $0 to $1,100,000 per store, and the ongoing 7-Eleven Charge is not just a royalty: Item 6 says it is also your lease of the store and equipment. Here is the full cost stack, line by line.
Brand Analysis
Ace Hardware Corporation is a retailer-owned cooperative, not a conventional franchisor. It counted 5,250 cooperative locations in the United States at the end of 2025, members buy stock rather than paying a royalty, and some states still deem those member-owned stores franchises.
Investment Guide
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Clothes Bin requires a $49,500 initial franchise fee and a total initial investment range of $168,940–$227,380, per the most recent FDD on file.
Clothes Bin is franchised by FLSC Recycling LLC, the franchisor entity of record on its Franchise Disclosure Document. Item 1 of the FDD discloses the franchisor's corporate history, parents, and predecessors.
Yes. Clothes Bin discloses Item 19 financial performance representations in its FDD. See the financials sub-page for the disclosed figures.
Franchisees pay a royalty of $6 per Bin per week and an advertising fund contribution of up to $1.50 per Bin per week on gross sales as defined in Item 6 of the FDD.
As of their 2026 FDD, Clothes Bin has 95 total locations, with 26 new locations opened in the most recent reporting year. This information comes from Item 20 of the FDD.
No. Clothes Bin does not grant exclusive territory rights under Item 12. The franchisor retains the right to operate or grant additional units inside or adjacent to your trade area.
Per the FDD, Clothes Bin discloses an initial agreement term of 5 years, a renewal fee of $9,900. Review Items 10 and 17 for the full renewal and termination provisions.
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