Indy Clover Franchise FDD, Profits & Costs (2025)
Indy Clover is a franchise in the resale and consignment industry that empowers local vendors to rent display booths and offer gently used products to customers.
The business operates through a shared-earnings system where vendors retain about two-thirds of their sales revenue, and Indy Clover keeps the remaining portion. To build trust with newcomers, the brand includes a “risk-free first booking guarantee,” promising that sellers will recover their booth rental cost or be reimbursed for any shortfall.
Established in 2022 and headquartered in Lindon, Utah, under INDY CLOVER LLC, the company launched its franchise program that same year. Since then, it has grown across the United States, giving communities and small business owners a simple way to participate in sustainable retail practices.
Indy Clover stands out with its flexible booth-rental concept, distinct from traditional consignment stores. Sellers can set their own prices, offer markdowns of up to 75 percent as needed, and refresh their displays throughout the week. This constant rotation of inventory ensures shoppers always encounter new and distinctive items every visit.
Initial Investment
How much does it cost to start a Indy Clover franchise? It costs on average between $159,000 – $216,000 to start a Indy Clover franchised facility.
This includes expenses for booth setup, fixtures, retail equipment, initial inventory, and early operating costs. The total investment varies based on several factors, such as the size and layout of the store, regional market conditions, and whether the franchisee leases or purchases the retail space.
| 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 |
Average Revenue (AUV)
How much revenue can you make with a Indy Clover franchise? A Indy Clover franchised location makes on average $593,000 in revenue (AUV) per year.
Here is the extract from the Franchise Disclosure Document:
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Frequently Asked Questions
How many Indy Clover locations are there?
As of the latest available information, Indy Clover operates 16 locations across seven states in the United States.
What is the total investment required to open a Indy Clover franchise?
The total investment required to open a Indy Clover franchise ranges from $159,000 to $216,000.
What are the ongoing fees for a Indy Clover franchise?
The ongoing fees for a Indy Clover franchise include a royalty fee of 5% of monthly gross sales. Additionally, franchisees are required to contribute to a marketing or brand fund at a rate of $1,000 per month.
Who owns Indy Clover?
The Indy Clover franchise is owned by Tyler Peery, who serves as its CEO.
Disclaimer
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