Start-Up Costs and Fees |
||
| Gent's Formal Wear | Scout and Molly's Boutique | |
| Investment | 75000 - 95000 | 252300 - 301000 |
| Franchise Fee | ||
| Royalty Fee | 6% | 5.5%-6% |
| Advertising Fee | 1% | |
| Year Founded | 1981 | 2002 |
| Year Franchised | 1995 | 2014 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Gent's Formal Wear | Scout and Molly's Boutique | |
| Experience | ||
Financing Options |
||
| Gent's Formal Wear | Scout and Molly's Boutique | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| Gent's Formal Wear | Scout and Molly's Boutique | |
| Training | 2 Weeks at Office/1 Week On-Site | On-The-Job Training: 24 hours Classroom Training: 24 hours |
| Support | # Store Set-up # Operations Manual # Marketing/Advertising Guide # Lease Negotiations & Site Selection Assistance # Exclusive Territory # Company Wholesale Program # IFA Convention Member # Operational Support | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Marketing | Ad Templates Social media SEO Website development Email marketing Loyalty program/app | |
| Operations | Absentee Ownership Allowed Number of Employees Required to Run: 4 | |
Expansion Plans |
||
| Gent's Formal Wear | Scout and Molly's Boutique | |
| US Expansion | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming | |
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Gent's Formal Wear | |
| Scout and Molly's Boutique | |
| Franchise Fee | |
| Gent's Formal Wear | |
| Scout and Molly's Boutique | |
| Royalty Fee | |
| Gent's Formal Wear | 6% |
| Scout and Molly's Boutique | 5.5%-6% |
| Advertising Fee | |
| Gent's Formal Wear | |
| Scout and Molly's Boutique | 1% |
| Year Founded | |
| Gent's Formal Wear | 1981 |
| Scout and Molly's Boutique | 2002 |
| Year Franchised | |
| Gent's Formal Wear | 1995 |
| Scout and Molly's Boutique | 2014 |
| Term Of Agreement | |
| Gent's Formal Wear | 5 years |
| Scout and Molly's Boutique | |
| Renewal Fee | |
| Gent's Formal Wear | |
| Scout and Molly's Boutique | |
Business Experience Requirements |
|
| Experience | |
| Gent's Formal Wear | |
| Scout and Molly's Boutique | |
Financing Options |
|
| Franchise Fees | |
| Gent's Formal Wear | |
| Scout and Molly's Boutique | |
| Start-up Costs | |
| Gent's Formal Wear | |
| Scout and Molly's Boutique | |
| Equipment | |
| Gent's Formal Wear} | |
| Scout and Molly's Boutique | |
| Inventory | |
| Gent's Formal Wear | |
| Scout and Molly's Boutique | |
| Receivables | |
| Gent's Formal Wear | |
| Scout and Molly's Boutique | |
| Payroll | |
| Gent's Formal Wear | |
| Scout and Molly's Boutique | |
Training & Support |
|
| Training | |
| Gent's Formal Wear | 2 Weeks at Office/1 Week On-Site |
| Scout and Molly's Boutique | On-The-Job Training: 24 hours Classroom Training: 24 hours |
| 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 |
| Scout and Molly's Boutique | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Marketing | |
| Gent's Formal Wear | |
| Scout and Molly's Boutique | Ad Templates Social media SEO Website development Email marketing Loyalty program/app |
| Operations | |
| Gent's Formal Wear | |
| Scout and Molly's Boutique | Absentee Ownership Allowed Number of Employees Required to Run: 4 |
Expansion Plans |
|
| US Expansion | |
| Gent's Formal Wear | |
| Scout and Molly's Boutique | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| Canada Expansion | |
| Gent's Formal Wear | |
| Scout and Molly's Boutique | |
| International Expansion | |
| Gent's Formal Wear | |
| Scout and Molly's Boutique | |