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  1. Home
  2. Retail
  3. The Closet Trading Company
The Closet Trading Company logo
Retail · Clothing

The Closet Trading Company['$20 billion industry that is expected to double to $41 billion by 2020', '65% of the industry demographics are made up by the two largest age group - Boomers and Millennials', 'With the growth of resale, buyers are prepared to invest in higher-end items with the resale value in mind.']

AbsenteeSBA Approved
Total Investment

$146K - $425K

Franchise Fee

$40K

Royalty

5%

Ad Fund

—

Term

—

Open Units

—

Overview

About The Closet Trading Company

['$20 billion industry that is expected to double to $41 billion by 2020', '65% of the industry demographics are made up by the two largest age group - Boomers and Millennials', 'With the growth of resale, buyers are prepared to invest in higher-end items with the resale value in mind.']

The Closet Trading Company is capitalizing on the very hot "recommerce" trend that is currently a $20-billion industry, and is expected to double in size by 2022. We are catering to a public that is developing a greater consciousness of "re-purposing", and a generation of Millenials who are erasing the social stigma previously associated with buying used merchandise Our business model creates a natural buying cycle that reduces the environmental impact of the retail clothing industry. This inspires a greater sense of responsibility in local communities and the impact we have on this planet. Buying clothes is not a luxury -- it is a basic human need. Consumers understand and appreciate excellent quality, but don't want to pay the associated higher prices. At The Closet Trading Co., they can have the best of both worlds! High-end designer fashions at a "worker's wage" price point! As we say at TCTC, "When the magic's gone, pass it on!"

Who it fits

Ideal candidate

Customer service oriented, HR/Management experience is helpfulUpstanding community member that identifies with and embraces The Closet Trading Company’s cultureEarly adopter - no retail experience requiredExecutive mode or owner/operator options
The fine print

FDD facts

Initial franchise fee$40K
Royalty5%
Total investment$146K - $425K
Liquid capital required$100K
Net worth requirement$250K
Year founded2003
Year began franchising2018
Owner-operator required (Year 1)No
Reported figures from public FDD disclosures and franchisor websites. Verify with the official FDD before signing.
Footprint

Territory overview

AvailableTexas, North Carolina, Indiana, Florida, Colorado, Nevada, Montana, Georgia
LegendAvailableLimitedUnavailable
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Quick facts
Founded
2003
Franchising since
2018
Liquid capital
$100K min
Net worth
$250K min
Owner-op required?
No
Side-by-side

See how The Closet Trading Company stacks against another brand on every Item 19 number.

Data verified 2026
Sourced from public FDD filings & franchisor disclosures.
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