Start-Up Costs and Fees |
||
| Gent's Formal Wear | Whimsy | |
| Investment | 75000 - 95000 | 75000 - 180000 |
| Franchise Fee | ||
| Royalty Fee | 6% | 6% |
| Advertising Fee | N/A | |
| Year Founded | 1981 | 2003 |
| Year Franchised | 1995 | 2008 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Gent's Formal Wear | Whimsy | |
| Experience | ||
Financing Options |
||
| Gent's Formal Wear | Whimsy | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| Gent's Formal Wear | Whimsy | |
| Training | 2 Weeks at Office/1 Week On-Site | We provide you an initial training program that covers material aspects of the operation of the franchised business. The topics covered are listed in the chart below. This training is offered on an as needed basis at our headquarters in Salt Lake City, Utah, or another location we designate. You must designate a manger for the franchised business and he or she must satisfactorily complete the initial training approximately 8 weeks before the opening of the franchised business. One assistant of your choosing may also attend at your option. |
| 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 | Whimsy | |
| 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 | |
| Whimsy | |
| Franchise Fee | |
| Gent's Formal Wear | |
| Whimsy | |
| Royalty Fee | |
| Gent's Formal Wear | 6% |
| Whimsy | 6% |
| Advertising Fee | |
| Gent's Formal Wear | |
| Whimsy | N/A |
| Year Founded | |
| Gent's Formal Wear | 1981 |
| Whimsy | 2003 |
| Year Franchised | |
| Gent's Formal Wear | 1995 |
| Whimsy | 2008 |
| Term Of Agreement | |
| Gent's Formal Wear | 5 years |
| Whimsy | 10 years |
| Renewal Fee | |
| Gent's Formal Wear | |
| Whimsy | 20% of current franchise fee |
Business Experience Requirements |
|
| Experience | |
| Gent's Formal Wear | |
| Whimsy | |
Financing Options |
|
| Franchise Fees | |
| Gent's Formal Wear | |
| Whimsy | |
| Start-up Costs | |
| Gent's Formal Wear | |
| Whimsy | |
| Equipment | |
| Gent's Formal Wear} | |
| Whimsy | |
| Inventory | |
| Gent's Formal Wear | |
| Whimsy | |
| Receivables | |
| Gent's Formal Wear | |
| Whimsy | |
| Payroll | |
| Gent's Formal Wear | |
| Whimsy | |
Training & Support |
|
| Training | |
| Gent's Formal Wear | 2 Weeks at Office/1 Week On-Site |
| Whimsy | We provide you an initial training program that covers material aspects of the operation of the franchised business. The topics covered are listed in the chart below. This training is offered on an as needed basis at our headquarters in Salt Lake City, Utah, or another location we designate. You must designate a manger for the franchised business and he or she must satisfactorily complete the initial training approximately 8 weeks before the opening of the franchised business. One assistant of your choosing may also attend at your option. |
| 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 |
| Whimsy | |
| Marketing | |
| Gent's Formal Wear | |
| Whimsy | |
| Operations | |
| Gent's Formal Wear | |
| Whimsy | |
Expansion Plans |
|
| US Expansion | |
| Gent's Formal Wear | |
| Whimsy | 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 | |
| Whimsy | |
| International Expansion | |
| Gent's Formal Wear | |
| Whimsy | |