Start-Up Costs and Fees |
||
| Gent's Formal Wear | Shoes-n-Feet | |
| Investment | 75000 - 95000 | 185800 - 313000 |
| Franchise Fee | ||
| Royalty Fee | 6% | 5% |
| Advertising Fee | ||
| Year Founded | 1981 | 1998 |
| Year Franchised | 1995 | 2002 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Gent's Formal Wear | Shoes-n-Feet | |
| Experience | ||
Financing Options |
||
| Gent's Formal Wear | Shoes-n-Feet | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Gent's Formal Wear | Shoes-n-Feet | |
| Training | 2 Weeks at Office/1 Week On-Site | Available at franchisee's location |
| Support | # Store Set-up # Operations Manual # Marketing/Advertising Guide # Lease Negotiations & Site Selection Assistance # Exclusive Territory # Company Wholesale Program # IFA Convention Member # Operational Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Marketing | Co-op advertising, Ad slicks, Regional advertising | |
| Operations | 66% of all franchisees own more than one unit Number of employees needed to run franchised unit: 3 - 3 Absentee ownership of franchise is allowed. (80% of current franchisees are owner/operators) | |
Expansion Plans |
||
| Gent's Formal Wear | Shoes-n-Feet | |
| US Expansion | Arizona, California, Colorado, Illinois, Indiana, Ohio, Washington, | |
| Canada Expansion | 0 | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Gent's Formal Wear | |
| Shoes-n-Feet | |
| Franchise Fee | |
| Gent's Formal Wear | |
| Shoes-n-Feet | |
| Royalty Fee | |
| Gent's Formal Wear | 6% |
| Shoes-n-Feet | 5% |
| Advertising Fee | |
| Gent's Formal Wear | |
| Shoes-n-Feet | |
| Year Founded | |
| Gent's Formal Wear | 1981 |
| Shoes-n-Feet | 1998 |
| Year Franchised | |
| Gent's Formal Wear | 1995 |
| Shoes-n-Feet | 2002 |
| Term Of Agreement | |
| Gent's Formal Wear | 5 years |
| Shoes-n-Feet | 10 years |
| Renewal Fee | |
| Gent's Formal Wear | |
| Shoes-n-Feet | $5K |
Business Experience Requirements |
|
| Experience | |
| Gent's Formal Wear | |
| Shoes-n-Feet | |
Financing Options |
|
| Franchise Fees | |
| Gent's Formal Wear | |
| Shoes-n-Feet | |
| Start-up Costs | |
| Gent's Formal Wear | |
| Shoes-n-Feet | |
| Equipment | |
| Gent's Formal Wear} | |
| Shoes-n-Feet | |
| Inventory | |
| Gent's Formal Wear | |
| Shoes-n-Feet | |
| Receivables | |
| Gent's Formal Wear | |
| Shoes-n-Feet | |
| Payroll | |
| Gent's Formal Wear | |
| Shoes-n-Feet | |
Training & Support |
|
| Training | |
| Gent's Formal Wear | 2 Weeks at Office/1 Week On-Site |
| Shoes-n-Feet | Available at franchisee's location |
| 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 |
| Shoes-n-Feet | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Marketing | |
| Gent's Formal Wear | |
| Shoes-n-Feet | Co-op advertising, Ad slicks, Regional advertising |
| Operations | |
| Gent's Formal Wear | |
| Shoes-n-Feet | 66% of all franchisees own more than one unit Number of employees needed to run franchised unit: 3 - 3 Absentee ownership of franchise is allowed. (80% of current franchisees are owner/operators) |
Expansion Plans |
|
| US Expansion | |
| Gent's Formal Wear | |
| Shoes-n-Feet | Arizona, California, Colorado, Illinois, Indiana, Ohio, Washington, |
| Canada Expansion | |
| Gent's Formal Wear | |
| Shoes-n-Feet | 0 |
| International Expansion | |
| Gent's Formal Wear | |
| Shoes-n-Feet | |