Start-Up Costs and Fees |
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| Gent's Formal Wear | MODE | |
| Investment | 75000 - 95000 | 171000 - 999999 |
| Franchise Fee | ||
| Royalty Fee | 6% | 6% |
| Advertising Fee | 1% | |
| Year Founded | 1981 | 2007 |
| Year Franchised | 1995 | 2011 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
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| Gent's Formal Wear | MODE | |
| Experience | ||
Financing Options |
||
| Gent's Formal Wear | MODE | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| Gent's Formal Wear | MODE | |
| Training | 2 Weeks at Office/1 Week On-Site | Our franchisees first take a three phase online course after which they spend one full week in Fargo at our Store Support Center and Flagship location. We send a team of 2 to every store for a full week before they open. Once open for six weeks, we offer a Phase VI one-on-one training program with our Founder and the franchisee. |
| Support | # Store Set-up # Operations Manual # Marketing/Advertising Guide # Lease Negotiations & Site Selection Assistance # Exclusive Territory # Company Wholesale Program # IFA Convention Member # Operational Support | |
| Marketing | ||
| Operations | ||
Expansion Plans |
||
| Gent's Formal Wear | MODE | |
| US Expansion | ||
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Gent's Formal Wear | |
| MODE | |
| Franchise Fee | |
| Gent's Formal Wear | |
| MODE | |
| Royalty Fee | |
| Gent's Formal Wear | 6% |
| MODE | 6% |
| Advertising Fee | |
| Gent's Formal Wear | |
| MODE | 1% |
| Year Founded | |
| Gent's Formal Wear | 1981 |
| MODE | 2007 |
| Year Franchised | |
| Gent's Formal Wear | 1995 |
| MODE | 2011 |
| Term Of Agreement | |
| Gent's Formal Wear | 5 years |
| MODE | |
| Renewal Fee | |
| Gent's Formal Wear | |
| MODE | |
Business Experience Requirements |
|
| Experience | |
| Gent's Formal Wear | |
| MODE | |
Financing Options |
|
| Franchise Fees | |
| Gent's Formal Wear | |
| MODE | |
| Start-up Costs | |
| Gent's Formal Wear | |
| MODE | |
| Equipment | |
| Gent's Formal Wear} | |
| MODE | |
| Inventory | |
| Gent's Formal Wear | |
| MODE | |
| Receivables | |
| Gent's Formal Wear | |
| MODE | |
| Payroll | |
| Gent's Formal Wear | |
| MODE | |
Training & Support |
|
| Training | |
| Gent's Formal Wear | 2 Weeks at Office/1 Week On-Site |
| MODE | Our franchisees first take a three phase online course after which they spend one full week in Fargo at our Store Support Center and Flagship location. We send a team of 2 to every store for a full week before they open. Once open for six weeks, we offer a Phase VI one-on-one training program with our Founder and the franchisee. |
| Support | |
| Gent's Formal Wear | # Store Set-up # Operations Manual # Marketing/Advertising Guide # Lease Negotiations & Site Selection Assistance # Exclusive Territory # Company Wholesale Program # IFA Convention Member # Operational Support |
| MODE | |
| Marketing | |
| Gent's Formal Wear | |
| MODE | |
| Operations | |
| Gent's Formal Wear | |
| MODE | |
Expansion Plans |
|
| US Expansion | |
| Gent's Formal Wear | |
| MODE | |
| Canada Expansion | |
| Gent's Formal Wear | |
| MODE | |
| International Expansion | |
| Gent's Formal Wear | |
| MODE | |