605 Highway 169 N, Suite 400
The franchisor is Winmark Corporation, a Minnesota Corporation. It began offering Style Encore® franchises in April 2013. Its principal business address is 605 Highway 169 N, Suite 400, Minneapolis, Minnesota 55441. Winmark has no parent.
Not Available
1 Ongoing Lawsuits
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Franchimp Summary Rating
6/10
Earning Transparency
7/10
Investment Accessibility
4/10
$510,225 / unit
Average Gross Profit During 2022Clothing & Accessories Retail
$863,594 / unit
Average Revenue During 2022Clothing & Accessories Retail
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Upfront Franchise Fees
Minimum: $48,200 Maximum: $55,900
Upfront franchise fees are the one-time payments required to secure rights to operate under an established brand, typically ranging from $20,000 to $100,000+ depending on brand value.
These fees grant access to proprietary business systems, training programs, intellectual property rights, and often territorial exclusivity—essentially purchasing the blueprint for a proven business model.
While separate from ongoing royalties, investors should evaluate these fees against expected returns, comparing fee-to-earnings ratios across opportunities and assessing how effectively franchisors reinvest these funds into system improvements.
Total Investment Costs
Minimum: $339,200 Maximum: $458,900
Ongoing Fees
Ongoing franchise fees, typically structured as royalties ranging from 4-8% of gross sales, represent the continuous payments franchisees make to maintain brand affiliation and support services.
These recurring fees fund the franchisor's operational assistance, marketing initiatives, technology updates, and continued brand development—creating a partnership where the franchisor's revenue grows alongside the franchisee's success. In addition to royalties, franchisees often contribute to national advertising funds (usually 1-3% of sales) and may incur technology fees, supply chain markups, or renewal fees depending on the franchise agreement.
Investors should carefully analyze these ongoing costs within their financial projections, as they directly impact profit margins and cash flow throughout the entire franchise relationship.
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