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Indy Clover Franchise FDD, Costs & Fees (2026)

Indy Clover is a boutique fashion franchise offering women’s apparel, accessories, and gift items, serving style-conscious shoppers, and known for curated collections, seasonal drops, and boutique shopping experience.

KEY FRANCHISE STATS

Franchisees

?

9
+
350%
350%
Franchise fee

?

$25,000
Investment

?

$159,000 - $216,000
Revenue (AUV)

?

Undisclosed

$593,000

+
n.a.
n.a.
Sign up to unlock

Indy Clover is a retail franchise that operates in the thrift and consignment sector, giving local sellers the opportunity to rent a booth and sell gently used items to shoppers.

The concept is built on a shared-revenue model where sellers receive two-thirds of each sale, while Indy Clover retains one-third. The company also offers a “first booking risk-free guarantee,” ensuring that first-time sellers earn back their booth cost or the difference is covered.

Founded in 2022, Indy Clover began franchising in the same year. Its headquarters is located in Lindon, Utah, under INDY CLOVER LLC. Since launching its franchise program, the brand has expanded to multiple locations across the United States, helping local entrepreneurs and communities embrace sustainable retail.

Initial investment

The initial investment required for a Indy Clover franchise is $159,000 - $216,000. That is the total cost you would need to finance if you were to start this franchise. These costs are provided by the franchisor in the Franchise Disclosure Document.

Type of Expenditure Amount
Initial Franchise Fee $25,000
Training Fee $5,000
Marketing $2,500 to $10,000
Project Management Fees $0 to $5,000
Lease $6,000 to $12,000
Leasehold Improvements $15,000 to $40,000
Opening Order for Furnishings, Fixtures, Office and Computer Equipment, Software, and Technology, Signage, Custom Paint, and Inventory $75,000
Travel and Living Expenses to Attend Training $500 to $1,500
Insurance $150 to $300
Utility Deposits and Fees $150 to $500
Professional Services, Licensing Fees, Legal and Accounting Setup $150 to $1,500
Architect $0 to $5,000
Payroll $5,000
Additional Funds (3 months) $25,000 to $30,000
Total $159,450 to $215,800

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Type of Expenditure Amount
Initial Franchise Fee $25,000
Training Fee $5,000
Marketing $2,500 to $10,000
Project Management Fees $0 to $5,000
Lease $6,000 to $12,000
Leasehold Improvements $15,000 to $40,000
Opening Order for Furnishings, Fixtures, Office and Computer Equipment, Software, and Technology, Signage, Custom Paint, and Inventory $75,000
Travel and Living Expenses to Attend Training $500 to $1,500
Insurance $150 to $300
Utility Deposits and Fees $150 to $500
Professional Services, Licensing Fees, Legal and Accounting Setup $150 to $1,500
Architect $0 to $5,000
Payroll $5,000
Additional Funds (3 months) $25,000 to $30,000
Total $159,450 to $215,800

Franchise Disclosure Document

Below is Indy Clover's 2024 Franchise Disclosure Document. Upgrade to Pro or purchase the FDD to view and download the document.

Number of units

Indy Clover had 11 total units in 2024, of which 9 were franchised-owned and 2 company-owned.

Frequently Asked Questions

Competitors

Below are some of

Indy Clover

key competitors in the

Fashion

sector.

Franchise
Franchisees
Royalty fee
Total investment
Revenue
Unlock
EBITDA
Unlock

9

New
+
350%
350%

5.00%

$159,000

-

$216,000

$593,000

n.a.

$xxx,xxx

n.a.

xx%

n.a.

Training

Indy Clover Franchising, LLC provides comprehensive training to its franchisees before opening. Here's a breakdown of the training and related assistance programs offered:

  1. Site Selection Guidance
    Indy Clover offers franchisees assistance in selecting their franchise location. This includes reviewing and approving lease or purchase agreements. However, the final responsibility for securing the site rests with the franchisee.
  2. Operations and POS Setup
    The franchisor provides a designated software application (smartphone or tablet-based) that must be used for all sales transactions. This ensures consistent and trackable operations across all franchises.
  3. Access to Operational Resources
    Franchisees are given access to the Operations Manual, brand standards guide, and marketing guide. These proprietary resources help standardize procedures and must be kept confidential.
  4. Initial Orientation and Training
    Initial training is provided to the franchisee, their owners, and any designated managers. The training includes access to training materials designed to prepare the team for day-to-day operations.

Territory Protection

Indy Clover Franchising, LLC does not offer exclusive territory protection. While franchisees operate in approved locations, the Franchise Agreement does not prevent the franchisor from opening additional units nearby. There is no guarantee against market overlap.

Territorial rights are not contractually defined, and franchisees may face competition from other Indy Clover locations. Success relies on operational performance rather than protected market boundaries.

Competitors

Below are some of Indy Clover's key competitors in the Fashion sector.

Flip Flop Shops

Franchisees

?

47
+
-16%
-16%
Investment

?

$183,000 - $349,000
Revenue

?

Sign up to unlock
Undisclosed

$333,000

SEASON 2

Franchisees

?

8
+
n.a.
n.a.
Investment

?

$189,000 - $276,000
Revenue

?

Sign up to unlock
Undisclosed

$206,000

The Closet Trading Company

Franchisees

?

4
+
300%
300%
Investment

?

$137,000 - $350,000
Revenue

?

Sign up to unlock
Undisclosed

$0

Monkee's

Franchisees

?

57
+
58%
58%
Investment

?

$297,000 - $535,000
Revenue

?

Sign up to unlock
Undisclosed

$848,000

Blue Collar Workwear

Franchisees

?

0
+
n.a.
n.a.
Investment

?

$115,000 - $461,000
Revenue

?

Sign up to unlock
Undisclosed

$0

Indy Clover

Franchisees

?

9
+
350%
350%
Investment

?

$159,000 - $216,000
Revenue

?

Sign up to unlock
Undisclosed

$593,000

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