Monkee's franchise
2026 filing · April 21, 2026GrowingShares sales figures
Monkee's at a glance
A women's boutique selling shoes, clothing and accessories. At the end of 2025 there were 60 Monkee's locations in the US, all franchised.
The business
- Industry
- Retail
- Franchisor
- Monkee's Franchising, LLC
- The company that sells the franchises
- Franchisor based in
- Winston-Salem, North Carolina
- Typical size
- 1,200–1,500 sq ft
What you pay
- Cost to open
- $283K–$540K
- Fee, build-out and opening working capital
- Franchise fee
- $60,000
- Paid once, when you sign
- Royalty
- 5%
- 5% of gross receipts, paid monthly
- Brand fund
- 2%
- 2% of gross receipts, paid with the royalty
- Renewal fee
- $500
- When the agreement ends and you sign again
- Agreement length
- 10 years
- Territory
- Protected
- Protected territory
- Franchisor financing
- None offered
Where it is
- US locations, 2025
- 60
- Franchised and company-owned
- Franchised
- 60
- Company-owned
- 0
- Change in 2 years
- +24
- Franchised locations, 2023–2025
- States
- 11
- Most in North Carolina, Florida and South Carolina
From Monkee's Franchising, LLC’s 2026 filing; SBA status from the SBA Franchise Directory, October 28, 2026.
Where it ranks
Monkee's among all franchises with the same figure.
| Figure | Monkee's | Among all franchises |
|---|---|---|
| Cost to open, midpointHalfway between the low and high estimate | $411,484 | Costs more than 55% of franchises |
| Franchise feePaid once, when you sign | $60,000 | Higher than 88% of franchises |
| RoyaltyShare of sales paid to the franchisor | 5% | Lower than 69% of brands with a set rate |
| US locationsFranchised and company-owned | 60 | More than 67% of franchises |
| Sales per locationYearly, as the brand reports it | $999,389 | Higher than 63% of brands that share sales figures |
| Sales against cost to openYearly sales over the cost midpoint | 2.4× | Higher than 71% of brands that share sales figures |
How much a Monkee's franchise costs
Opening one Monkee's costs an estimated $282,522 to $540,445. That covers the franchise fee and everything else needed to open, through the first months of working capital.
The biggest costs are leasehold improvements ($108,000 to $225,000) and opening inventory ($60,000 to $100,000). Here is every line of the estimate as filed:
| What it pays for | Range | Low | High |
|---|---|---|---|
| Initial Franchise Fee | $30,000 | $60,000 | |
| Real Estate | $10,000 | $25,000 | |
| Leasehold Improvements | $108,000 | $225,000 | |
| Furniture, Fixtures, Equipment | $29,500 | $44,500 | |
| Signage | $6,000 | $14,000 | |
| Insurance | $2,500 | $4,500 | |
| Grand Opening Advertising | $5,000 | ||
| Computer System(Back Office Equipment and Technology) | $3,000 | $4,000 | |
| Opening Inventory | $60,000 | $100,000 | |
| Opening Supplies of generic and MONKEE’S Branded Items and Packaging; Store Supplies | $4,824 | $5,517 | |
| Miscellaneous Opening Costs | $1,000 | $3,000 | |
| Prepaid Expenses and Deposits | $500 | $1,000 | |
| Training Expenses | $750 | $2,500 | |
| Additional Funds (3-months’ worth) | $20,000 | $45,000 | |
| Total | $282,522 | $540,445 | |
Source: Monkee's Franchising, LLC, 2026 filing, page 13
Monkee's franchise fee
The franchise fee is $60,000. You pay it when you sign the franchise agreement.
Source: Monkee's Franchising, LLC, 2026 filing, page 9
Royalty and ongoing fees
| Royalty | 5% of gross receipts, paid monthly. |
|---|---|
| Brand or marketing fund | 2% of gross receipts, paid with the royalty. |
| Computer System(Back Office Equipment and Technology) | $3,000 to $4,000 |
| Assignment or Transfer | You must pay our then current transfer fee, currently $7,500 |
| Renewal of Franchise Agreement | $500 |
The typical franchise royalty is 6% of sales, plus 2% for marketing. See franchise fees and royalties to compare.
Source: Monkee's Franchising, LLC, 2026 filing, page 9
Other fees as filed, from pages 10–13. The filing lists every fee, including late fees and audit costs.
Sales and earnings
Shares figures Monkee's publishes sales or earnings figures for its locations. The full tables, with notes on which locations are counted, are in its filing.
- Average sales
- $999,389
- Median sales
- $725,805
Yearly figures for 2025, covering stores open all of fiscal 2025 (52 locations). The average is about 2.4 times the midpoint of the cost to open.
Sales are what a location takes in before rent, payroll, royalties and other costs, not what its owner keeps.
Source: Monkee's Franchising, LLC, 2026 filing, page 33
SBA loans to Monkee's franchisees
Lenders approved 11 SBA-backed loans for Monkee's franchisees from 2015 to 2026, $2.99M in all: 10 7(a) loans and 1 504 loan. One has been paid in full; none was charged off. The other 10 haven’t ended yet.
A charged-off loan is one written off as uncollectible. See SBA franchise loans for how 7(a) and 504 loans work.
Source: SBA 7(a) and 504 loan data, as of September 30, 2026
How Monkee's compares
Of the 302 retail franchises on this site, Monkee's is the 199th cheapest to open and the 118th largest by number of locations.
| Figure | Monkee's | Typical retail brand | Typical franchise |
|---|---|---|---|
| Cost to open, low end | $283K | $198K | $222K |
| Cost to open, high end | $540K | $425K | $477K |
| Franchise fee | $60K | $35K | $40K |
| Royalty | 5% | 5.7% | 6% |
| Brand fund | 2% | 2% | 2% |
| Sales per location | $999K | $724K | $794K |
| US locations | 60 | 38 | 21 |
| Closed or left per year | 1.1% | 5.2% | – |
| Change in franchised locations, 2 yrs | +66.7% | 0% | – |
| Shares earnings figures | Yes | 187 of 302 | 2,147 of 3,352 |
Typical is the median across the 302 brands in retail franchises; typical franchise, across every brand here.
Locations opened and closed
| Year | Franchised | Company-owned | Opened | Closed |
|---|---|---|---|---|
| 2023 | 46 (+10) | 0 | +10 | 0 |
| 2024 | 57 (+11) | 0 | +12 | −1 |
| 2025 | 60 (+3) | 0 | – | – |
Closed or left counts terminations, non-renewals, locations bought back by the franchisor and locations that stopped operating.
See which brands grew most in the fastest-growing franchises rankings.
More in the guides: franchise failure rates.
Source: Monkee's Franchising, LLC, 2026 filing, page 35
Where Monkee's locations are
At the end of 2025, Monkee's had franchised locations in 11 states. The most are in North Carolina, Florida and South Carolina.
- North Carolina14
- Florida8
- South Carolina6
- Tennessee6
- Texas6
- Virginia6
| State | Franchised |
|---|---|
| North Carolina | 14 |
| Florida | 8 |
| South Carolina | 6 |
| Tennessee | 6 |
| Texas | 6 |
| Virginia | 6 |
| Alabama | 4 |
| Georgia | 4 |
| Kentucky | 2 |
| Maryland | 2 |
All 11 states
| Mississippi | 1 |
|---|
Source: Monkee's Franchising, LLC, 2026 filing, page 36
Who owns Monkee's?
Monkee's franchises are sold by Monkee's Franchising, LLC. Its filing names no parent company.
From Monkee's Franchising, LLC’s 2026 filing, page 6.
Lawsuits and bankruptcy
| Lawsuits and regulatory actions | Yes. The filing describes past or pending cases involving the franchisor, its affiliates or its executives on page 9. |
|---|---|
| Bankruptcy | None. The filing says no bankruptcy has to be disclosed. |
Franchisors must disclose lawsuits and bankruptcies involving the company, its parents and affiliates, and its executives. Many cases are routine disputes with franchisees over fees or contracts; read the descriptions in the filing and ask current owners about anything that worries you.
Source: Monkee's Franchising, LLC, 2026 filing, litigation on page 9, bankruptcy on page 9
Monkee's filings
The figures on this page come from Monkee's Franchising, LLC’s 2026 filing, issued April 21, 2026, on record with the NASAA Electronic Filing Depository.
| Filing | Issued | Registry | On this page |
|---|---|---|---|
| 2026 filing | April 21, 2026 | NASAA depository | Costs, fees and locations, 2023–2025 |
Each link opens the filing as a PDF. See the newest filings across all brands.
