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Indy Clover

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.

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

Here's what you would need to invest 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

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Number of units

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

key competitors in the

Fashion

sector.

Franchise
Franchisees
Initial fee
Total investment
Revenue
Upgrade
Gross Profit
Upgrade
EBITDA
Upgrade

9

New
+
350%
350%

$25,000

$159,000

$216,000

n.a.

$593,000

$xxx,xxx

n.a.

xx%

n.a.

n.a.

xx%

n.a.

Competitors

Flip Flop Shops

Flip Flop Shops is a retail-footwear franchise offering branded flip flops, sandals, and casual shoes, serving shoppers who embrace a relaxed, beach-inspired lifestyle, and known for curated assortments, fun coastal-themed stores, and a “Free Your Toes” ethos.

Franchisees

?

47
+
-16%
-16%
Investment

?

$183,000 - $349,000
Retail
Fashion

SEASON 2

SEASON 2 is a retail consignment franchise offering authenticated pre-owned luxury handbags, shoes, and accessories, serving fashion-conscious shoppers and resale entrepreneurs, and known for curated boutiques, sustainability-focused resale, and support for franchisees entering the upscale consignment market.

Franchisees

?

8
+
n.a.
n.a.
Investment

?

$189,000 - $276,000
Retail
Fashion

The Closet Trading Company

The Closet Trading Company is a resale boutique franchise offering consigned contemporary and luxury fashion, serving style-conscious, value- and sustainability-minded shoppers, and known for curated designer inventory, elevated boutique atmospheres, and promoting sustainable fashion through high-end secondhand clothing and accessories.

Franchisees

?

4
+
300%
300%
Investment

?

$137,000 - $350,000
Retail
Fashion

Monkee's

Monkee's is a women's boutique retail franchise offering curated apparel, shoes, and accessories, serving fashion-forward shoppers in upscale neighborhoods, and known for its small-store feel, personalized service, and locally owned boutiques supported by a broader Southern-inspired brand.

Franchisees

?

57
+
58%
58%
Investment

?

$297,000 - $535,000
Retail
Fashion

Blue Collar Workwear

Blue Collar Workwear is a retail-franchise offering work clothing, footwear and accessories for blue-collar professions, serving tradespeople and work-wear shoppers, and known for private-label merchandise, rugged brand identity and annual unit revenues around $1.1 million.

Franchisees

?

0
+
n.a.
n.a.
Investment

?

$115,000 - $461,000
Retail
Fashion

Indy Clover

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.

Franchisees

?

9
+
350%
350%
Investment

?

$159,000 - $216,000
Retail
Fashion

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