The Closet Trading Company is a resale clothing store based in Southern California. Operating since 2003, The Closet Trading Company works primarily on consignment, which means franchisees pay for their inventory after they sell it! Most other resale outlets work mainly on a cash basis, which means they pay upfront for their inventory and then they try to sell it. Consignment creates a cash flow benefit that is a game-changer for our franchisees. And they are not stuck carrying the cost of unsold inventory. The Closet Trading Company business model presently includes three revenue streams: consignment sales, resale sales, and wholesale sales. Our future plans call for adding Consignment Concierge services, Authentication Services, and Studio Services.
