Educational Outfitters vs MODE Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Educational Outfitters vs MODE including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Educational Outfitters Franchise
MODE Franchise
Investment $82,600 - $198,150$171,000 - And Up
Franchise Fee $29,500$30,000
Royalty Fee 5%6%
Advertising Fee 3%1%
Year Founded 19982007
Year Franchised 20012011
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee --


Business Experience Requirements
 
Educational Outfitters Franchise
MODE Franchise
Experience
  • General business experience
  • Marketing skills
    		• -

    Financing Options
     
    Educational Outfitters Franchise
    MODE Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/No-/-
    Start-up Costs No/No-/-
    Equipment No/No-/-
    Inventory No/No-/-
    Receivables No/No-/-
    Payroll No/No-/-

    Training & Support
     
    Educational Outfitters Franchise
    MODE Franchise
    Training -

    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 Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives-
    Marketing Co-op advertising, Ad slicks, Regional advertising-
    Operations

    Number of employees needed to run franchised unit: 2

    Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)

    		-

    Expansion Plans
     
    Educational Outfitters Franchise
    MODE Franchise
    US Expansion Yes-
    Canada Expansion No-
    International Expansion No-

    Company Overviews

    About Educational Outfitters

    Chattanooga, Tennessee-based Educational Outfitters was founded by Jamey and Brian Elrod in 1998 to make school uniform shopping more convenient for parents. The company sells tops, bottoms, jackets and accessories for public and private elementary, junior high and high school students.Educational Outfitters is the first franchise opportunity that offers retail stores-selling school uniforms and dress code apparel. Our customers are parents of students enrolled in Kindergarten through 12th grade at private, parochial, Christian and public schools. This is a huge and growing market. Not only are enrollments at private secular and religious schools growing, but also an increasing number of public schools are turning to uniforms and dress codes as a means of improving scholastic achievement, conduct, safety and self-esteem.

    We are committed to our customers and our franchise owners, and this culminates in our stated two-fold company purpose: "To seek, serve, and honor God as a business, and to have a multiplying impact on the lives our business touches."

    For our customers, we work to provide superior products, service, value, and convenience. For our franchise system, we deploy our proven concept, systems, and best efforts to help our owners succeed in their local markets.

    About MODE

    MODE is a designer outlet in a boutique environment and Home of the $40 Designer Jean. We are a Fargo, ND based company and currently have 12 locations across the Midwest and SC. MODE is unique in that is take the outlet concept and merges it with a boutique environment to make it a special shopping experience, unlike any other.