Preloved franchise
2025 filing · June 25, 2025GrowingShares sales figures
Preloved at a glance
A boutique thrift store where sellers rent booths to sell new and used items, earning from booth rent and a share of sales. At the end of 2024 there were 8 Preloved locations in the US, 3 franchised and 5 company-owned, so most are run by the company itself.
The business
- Franchisor
- Preloved Franchise, LLC
- The company that sells the franchises
- Current franchisor selling since
- 2022
- 3 years of selling franchises
- Franchisor based in
- Provo, Utah
What you pay
- Cost to open
- $137K–$299K
- Fee, build-out and opening working capital
- Franchise fee
- $40,000
- Paid once, when you sign
- Royalty
- 5%
- 5% of gross revenue, paid monthly, plus 2% to the advertising fund
- Brand fund
- 2%
- 2% of gross revenue, paid with the royalty
- Agreement length
- 10 years
- Territory
- Protected
- Protected territory
- Franchisor financing
- None offered
Where it is
- US locations, 2024
- 8
- Franchised and company-owned
- Franchised
- 3
- Company-owned
- 5
- Change in 3 years
- +3
- Franchised locations, 2022–2024
- States
- 3
- Most in Utah, Idaho and Texas
Support and records
From Preloved Franchise, LLC’s 2025 filing; revenue and net income from its audited financial statements, page 143; SBA status from the SBA Franchise Directory, October 28, 2026.
Franchisor revenue is the company that sells the franchises (royalties, fees and anything else it earns), not what a location makes.
Where it ranks
Preloved among all franchises with the same figure.
| Figure | Preloved | Among all franchises |
|---|---|---|
| Cost to open, midpointHalfway between the low and high estimate | $218,075 | Costs less than 67% of franchises |
| Franchise feePaid once, when you sign | $40,000 | Lower than 46% of franchises |
| RoyaltyShare of sales paid to the franchisor | 5% | Lower than 69% of brands with a set rate |
| US locationsFranchised and company-owned | 8 | Fewer than 65% of franchises |
How much a Preloved franchise costs
Opening one Preloved costs an estimated $137,450 to $298,700. That covers the franchise fee and everything else needed to open, through the first months of working capital.
The biggest costs are real estate improvements ($20,000 to $100,000) and TTTTOOOO BBBBEEEE MMMMAAAADDDDEEEE initial franchise fee ($40,000). Here is every line of the estimate as filed:
| What it pays for | Range | Low | High |
|---|---|---|---|
| TTTTOOOO BBBBEEEE MMMMAAAADDDDEEEE Initial franchise fee | $40,000 | ||
| Initial training | $1,500 | $7,500 | |
| Real estate improvements | $20,000 | $100,000 | |
| Rent (3 months of’ rent, plus a security deposit) | $12,000 | $35,000 | |
| Equipment, furniture, fixtures, décor, and supplies | $20,000 | $30,000 | |
| POS system, computer hardware, and software | $7,700 | $10,500 | |
| Signs | $5,000 | $12,000 | |
| Miscellaneous opening costs | $1,000 | $9,000 | |
| Insurance (3 months) | $750 | $1,200 | |
| Opening inventory | $500 | $2,000 | |
| Grand opening assistance | $2,500 | $4,000 | |
| Grand opening advertising | $2,000 | $3,500 | |
| PPPPAAAAYYYYMMMMEEEENNNNTTTT WWWWHHHHEEEENNNN DDDDUUUUEEEE Local advertising (3 months after the grand opening) | $3,000 | $6,500 | |
| Additional funds (3 months) | $21,500 | $37,500 | |
| Total | $137,450 | $298,700 | |
Source: Preloved Franchise, LLC, 2025 filing, page 16
Preloved franchise fee
The franchise fee is $40,000. You pay it when you sign the franchise agreement.
Source: Preloved Franchise, LLC, 2025 filing, page 10
Royalty and ongoing fees
| Royalty | 5% of gross revenue, paid monthly, plus 2% to the advertising fund. |
|---|---|
| Brand or marketing fund | 2% of gross revenue, paid with the royalty. |
| Technology Fee | Currently, $300 per month |
| Transfer Review Deposit | $1,500 |
| Additional Training | $500 per day, per person |
The typical franchise royalty is 6% of sales, plus 2% for marketing. See franchise fees and royalties to compare.
Source: Preloved Franchise, LLC, 2025 filing, page 11
Other fees as filed, from pages 12–14. The filing lists every fee, including late fees and audit costs.
Sales and earnings
Shares figures Preloved publishes sales or earnings figures for its locations. The full tables, with notes on which locations are counted, are in its filing.
Source: Preloved Franchise, LLC, 2025 filing, page 47
How Preloved compares
Of the 16 resale franchises on this site, Preloved is the 4th cheapest to open and the smallest by number of locations.
| Figure | Preloved | Typical resale brand | Typical franchise |
|---|---|---|---|
| Cost to open, low end | $137K | $300K | $222K |
| Cost to open, high end | $299K | $436K | $477K |
| Franchise fee | $40K | $25K | $40K |
| Royalty | 5% | 5% | 6% |
| Brand fund | 2% | 1% | 2% |
| US locations | 8 | 115 | 21 |
| Closed or left per year | 0% | 4.6% | – |
| Shares earnings figures | Yes | 15 of 16 | 2,147 of 3,352 |
Typical is the median across the 16 brands in resale franchises; typical franchise, across every brand here.
Locations opened and closed
| Year | Franchised | Company-owned | Opened | Closed |
|---|---|---|---|---|
| 2022 | 0 (0) | 3 | 0 | 0 |
| 2023 | 2 (+2) | 6 | +2 | 0 |
| 2024 | 3 (+1) | 5 | +1 | 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: Preloved Franchise, LLC, 2025 filing, page 52
Where Preloved locations are
At the end of 2024, Preloved had locations in 3 states. The most are in Utah, Idaho and Texas.
- Utah6
- Idaho1
- Texas1
Source: Preloved Franchise, LLC, 2025 filing, page 52
Who owns Preloved?
Preloved franchises are sold by Preloved Franchise, LLC.
From Preloved Franchise, LLC’s 2025 filing.
Lawsuits and bankruptcy
| Lawsuits and regulatory actions | None. The filing says no litigation has to be disclosed. |
|---|---|
| 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: Preloved Franchise, LLC, 2025 filing, litigation on page 10, bankruptcy on page 10
Preloved filings
The figures on this page come from Preloved Franchise, LLC’s 2025 filing, issued June 25, 2025, on record with the NASAA Electronic Filing Depository.
| Filing | Issued | Registry | On this page |
|---|---|---|---|
| 2025 filing | June 25, 2025 | NASAA depository | Costs, fees and locations, 2022–2024 |
Each link opens the filing as a PDF. See the newest filings across all brands.
Other resale franchises
All resale franchises
Preloved is also on these lists: retail franchises.