In 2003, a student-owned vintage boutique in Santa Barbara captured the attention of the local fashion scene. Demand for pre-loved designer clothing led to the opening of a second location in Ventura County. Soon, The Closet Trading Company was among Southern California’s leading sellers of luxury consignment clothes, shoes, and accessories for women. Today, we continue to flourish as the premium secondhand movement has grown into a multibillion-dollar industry. And now TCTC offers you the chance to open your own designer boutique franchise.
For the right candidate, The Closet Trading Company offers a chance to enter the exciting world of fashion entrepreneurship and become a member of our growing family. If you’ve ever dreamed of owning your own business, investing your heart and soul in work that you love, and becoming a change-maker for the planet, then investing with TCTC might be the opportunity you’ve been waiting for.
The Closet Trading Company Sets the Gold-Standard in Luxury Consignment
TCTC is a designer boutique franchise that provides our customers with a high-end experience worthy of our luxury brand standards. Our customers are our clients. They turn to our stores because they know they will find unique, quality pieces at a fraction of their original value while supporting a more sustainable fashion industry at the same time. Our rigorous stock selection process eliminates low-trend, fast-fashion items from the racks, enticing clients to return regularly for new finds. First-class service, personal styling, and sustainable luxury make The Closet Trading Company a gem for the fashion-forward, environmentally-conscious shopper.
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Sustainable Fashion is the Future of Fashion
As consumers become more aware of how their purchasing behaviors impact the environment, more are seeking ways to reduce waste and extend the lives of their purchased products. The desire to promote sustainability has contributed enormously to the rise of upscale designer resale and the creation of a circular economy that becomes more profitable every year. Market watchers predict that by 2024, the secondhand market will reach $64 billion by 2024. What better time to join this exciting industry than right now? And what better way to do it than by investing in a women’s fashion franchise that has promoted sustainability values since we first opened our doors?
TCTC Offers a Unique Franchise Opportunity
The Closet Trading Company works with our family of franchisees so that each of them can achieve their greatest potential. Our shared company culture and business approach are reinforced with regular training programs, an engaging social media platform, periodic webinars, seasonal buying guides, monthly support calls, and more. That family-feel is a fundamental pillar of our business model and extends to the clients who patronize every local TCTC store.
Above all, our personalized shopping experience is the distinguishing feature of all TCTC stores. We believe that fashion should be about quality, and shopping should feel like a special, tailored experience. By treating your customer like a client, you establish trust and build a relationship as that client’s stylist. Enroll them in wish-lists, call them when new pieces arrive, and enjoy the fulfillment that comes with a satisfied, loyal TCTC shopper.
We also encourage collaboration among TCTC franchisees to discuss each owner’s unique approach to their local market. We believe that success is built on passion, creativity, and innovation- so why not share yours with your fellow business owners? We love hearing, discussing, and collaborating with franchisees and helping them establish the principles of TCTC while also incorporating the unique charm and flair of your area.
TCTC Launches E-Commerce
To help our franchisees thrive in the post-COVID world, we recently expanded our E-Commerce capabilities. Since opening our e-commerce site, every location has seen at least a 20% increase in gross revenue, with some achieving a 50% increase. Online sales have also contributed to increased inventory, decreased retail footprint, and quicker ramp-ups for new locations.
With retail and web sale opportunities, you’ll be able to take advantage of more opportunities for your women’s fashion franchise to service customers and generate more revenue. In the future, look for new features such as consignment concierge services, authentication services, and studio services to create additional revenue streams for TCTC franchise owners.
Joining the TCTC Franchise Family
As business owners with our own modest beginnings, we understand the complexities and risks of opening a business, which is why we have carefully formulated our process to help other eager entrepreneurs quickly achieve success and growth through a practiced and proven method.
When you join TCTC, you are supported through every step of the process. You’ll start the journey with in-depth, practical courses that can be done from home to prepare you for the responsibilities and challenges of owning your business. You’ll also learn TCTC’s exclusive, detailed system and attend in-person trainings and workshops to immerse yourself in the business world of luxury secondhand fashion. We’ll even help you find the perfect retail space.
In addition to the robust onboarding, we continue to support you along the journey of franchise ownership with:
- Training programs
- Monthly support calls
- Seasonal buying guides
- Access to our proprietary pricing database
- Best practices for selecting items for your sales floor
- Fraud detection training and technology
- And expert business advice from our team of specialists
We also provide new franchise owners with startup inventory to welcome your first set of clients with a well-stocked high-end sales floor.
Don’t have the time to be hands-on?
Our unique business model allows a franchisee to choose between running their business full-time or becoming a semi-absentee owner. As a semi-absentee owner, you’ll be able to hire a full-time manager to run the store, giving you the flexibility to pursue another career or focus on your personal life.
Your Future Starts Now at TCTC
Owning a TCTC franchise is more than becoming a business owner—it’s joining a movement and positioning yourself for financial success. If owning a TCTC franchise sounds like your dream, don’t sleep on it. Now is the time! Reach out to our franchise development team today and see if TCTC is the right fit for you. You might be pleasantly surprised…