How to Own a Value Village Franchise

Owning a Value Village franchise may prove a dead-end opportunity. According to its policies, it currently does not offer private ownership or franchising. However, there are other ways to own a thrift store or discount retailer franchise. Look at competing franchises, read the "Buying a Franchise: A Consumer Guide" and raise capital to start your business journey.

According to the Value Village website's policy on franchises (see References), "We own and operate all of our stores as a chain and do not offer franchise opportunities."

Become a nonprofit partner with Value Village to bring large deliveries to the stores. Value Village typically partners with nonprofit partners for one to three years. Look at their list of nonprofits on their website, including The Big Brothers Big Sisters chapters around the country (see Resources).

Consider taking a job at Value Village to study its operation and business model. Explore starting your own thrift store in your area as a competitor.

Look at competing franchises for Value Village. Milk Money (see Resources), a childrens' second-hand store, offers franchising opportunities. ThriftSmart (see Resources) also offers franchising operations.

Contact the business headquarters you wish to franchise and request an information packet. You will also need to raise hundreds of thousands of dollars in capital for your future franchise.

Read "Buying a Franchise: A Consumer Guide" (see Resources) before purchasing a new business. According to its website, "Under the Franchise Rule," which is enforced by the FTC, you must receive the document at least 14 days before you are asked to sign any contract or pay any money to the franchisor or an affiliate of the franchisor."

Tips

  • Ask franchise owners in your community for advice.

Warnings

  • Thoroughly investigate your franchise, including financial standing, before purchasing.

References

Resources

About the Author

Catherine Irving is a travel and lifestyle writer living in Brooklyn, New York and has been professionally freelance writing since 2002. She's written for "Young Money," Kayak.com, Pokemon.com and numerous other national outlets. Irving graduated with a bachelor's degree in film with a minor in English from Georgia State University.