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Monkee's Franchising Franchise

Buy your own Monkee’s®! A ladies boutique beyond your “girlie” imagination, known for the ultimate selection of shoes, clothing and accessories.

Retail Franchises For Sale|
California Franchises For Sale
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Highlights
Cash Required

$100,000

Min. Franchise Fee

$60,000

Total Number of Units

38

Franchising Since

2012

Corporate Headquarters

Winston-Salem,NC

CEO Name

Deirdre Shaw

About Monkee's Franchising

From the sandy beaches of the Atlantic Ocean to the lush forests of the Blue Ridge Mountains, from the horse country of Kentucky to the heart of Texas – and places in between…you will find Monkee’s®. A ladies boutique beyond your “girlie” imagination, known to have the ultimate selection of shoes, clothing and accessories.

Established in 1995, Monkee’s women's fashion boutique was built on a love of fashion, and grown through a focus on personal customer relationships. In 2020, Monkee’s celebrated their 25th Anniversary. This was an exciting milestone for the founders, store owners and the supportive communities that have helped our local small business owners succeed each year.

All Monkee’s franchise boutiques are independently owned and operated. Do you want to LOVE your job and be your OWN boss? Contact us today to find out how to open your very own Monkee’s Boutique!

Franchise Unit Trends & Revenue

Total Number of Units

38

New Units Opened

9

Average Unit Revenue

$1,585,499

* in 2022

Franchise Fees

Min. Franchise Fee

$60,000

Royalty Fee

5.0%
Gross Receipts

Ad Fund Fee

2.0%
Gross Receipts

Why Choose Monkee's Franchising?

As a Monkee’s franchisee prospect, we are with you every step of the way in the selection process, and it starts with your completed confidentiality agreement and application. Once we receive those and you qualify as a prospect, we will deliver a Franchise Disclosure Document (FDD) describing the Monkee’s system in detail and look forward to discussing your business goals and questions you may have about the FDD.

Small Footprint Equals Stronger Profits: With only 1,200 to 1,500 square ft. you have Less Employees, Less Rent and Less Start-Up Cost. It is much easier to operate and manage.

Minimal Employees/Lower Labor Cost: A typical Monkee’s can open with one full-time employee and two part-time employees.

Access to the most in demand brands that your clients will love to wear.

Low Royalties: Our royalty is one of the lowest at only 5% and our Brand Fund is only 2%

Site selection and demographic assistance, store design, layout and up-fit assistance.

Strong Demand: Women spend $750 billion annually on clothes

Strong R.O.I. (return on investment)

Strong Earnings: In 2023, average annual unit sales for all stores were $1,270,031.

A proven business model for close to thirty years!

Starting Costs & Investment Requirements

Total Investment

$370,638 - $609,812

Net Worth Required

$750,000

Cash Required

$100,000

Training and Support

Training & Support

The Corporate Team at Monkee's provides support at every step of the way. This includes during the pre-opening process with store design services, operational support, buying support and marketing support. After the store is open, each store gets continued operational, marketing, and buying support.

History

Established in 1995, Monkee’s women's fashion boutique was built on a love of fashion, and grown through a focus on personal customer relationships. In 2012, Monkee's became a franchise quickly growing throughout the southeast and beyond. In 2020, Monkee’s celebrated their 25th Anniversary. This was an exciting milestone for the founders, store owners and the supportive communities that have helped our local small business owners succeed each year. Today there are 57 stores open with more in the pipeline for Fall of 2024 and Spring of 2025.

Ideal Candidate

Monkee’s Owners have various backgrounds and experiences; however, when it comes to operating their Monkee’s boutique they share many similar characteristics.

Make a commitment to follow our proven system 100% with no deviation.

Provide P.O.S. (Positively Outrageous Service) to your customers at all times.

View your employees as a valuable asset to your business rather than an expense.

Have a positive attitude for success.

Someone who is creative, but enjoys working within a system with a proven business model.

Have a passion for the Monkee’s concept or the fashion industry.

Enjoys working with people.

A strong work ethic and a strong desire to become successful.

Someone who enjoys talking about their business and the products they sell.

The information in this page has been provided by the franchise or representative stated above. BizBuySell has no stake in the sale of this franchise, has not independently verified any of the information about the franchise, and assumes no responsibility for its accuracy or completeness. Read BizBuySell's Terms of Use before responding to any franchise.
 
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