Gent's Formal Wear vs Mainstream Boutique Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Gent's Formal Wear vs Mainstream Boutique including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
	Gent's Formal Wear Franchise	Mainstream Boutique Franchise
Investment	$75,000 - $95,000	$160,800 - $306,350
Franchise Fee	$20,000	$40,000
Royalty Fee	6%	7.5%
Advertising Fee	-	0.5%
Year Founded	1981	1991
Year Franchised	1995	1998
Term Of Agreement	5 years	-
Term Of Agreement	5 years	-
Renewal Fee	-	-
Business Experience Requirements
	Gent's Formal Wear Franchise	Mainstream Boutique Franchise
Experience	-	-
Financing Options
	Gent's Formal Wear Franchise	Mainstream Boutique Franchise
	In-House/3rd Party	In-House/3rd Party
Franchise Fees	-/-	-/Yes
Start-up Costs	-/-	-/Yes
Equipment	-/-	-/Yes
Inventory	-/-	-/Yes
Receivables	-/-	-/Yes
Payroll	-/-	-/Yes
Training & Support
	Gent's Formal Wear Franchise	Mainstream Boutique Franchise
Training	2 Weeks at Office/1 Week On-Site	Initial training course at our corporate office in Apple Valley, Minnesota. The course includes classroom instruction and on-the-job training to learn basic operating skills, such as booking and conducting shows, inventory purchase and control, merchandising, customer service, customer relations, basic computer set-up and operations, selling and marketing techniques, financial reporting and much, much more. On-The-Job Training: 50+ hours Classroom Training: 26+ hours Additional Training: Ongoing training as needed
Support	# Store Set-up # Operations Manual # Marketing/Advertising Guide # Lease Negotiations & Site Selection Assistance # Exclusive Territory # Company Wholesale Program # IFA Convention Member # Operational Support	You'll receive a copy of the Confidential Operations Manual that covers policies and procedures involved in running your business. You'll also receive periodic visits from a Mainstream Boutique representative who will provide experienced guidance along the way. And, of course, we are only a phone call away to answer your day-to-day questions. 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	-	Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app
Operations	-	Absentee Ownership Allowed
Expansion Plans
	Gent's Formal Wear Franchise	Mainstream Boutique Franchise
US Expansion	-	Yes
Canada Expansion	-	-
International Expansion	-	-

Company Overviews

About Gent's Formal Wear

Gent's Formal Wear is now offering franchises to individuals or couples interested in owning their own Tuxedo business. Weddings are relatively recession-proof. The wedding day is still the most important day in a woman's life. Brides want their Grooms and Groomsmen in Tuxedos! Gent's Formal Wear offers rentals and sales of the finest Tuxedos available. Gent's Formal Wear offers the quality and service that today's customers are looking for.

About Mainstream Boutique

Mainstream Boutique is an exciting retail and fashion franchise concept that sells some of the fashion world's most unique clothing, accessories and giftware at franchise-owned retail stores, and a variety of direct sales venues such as home parties and corporate sponsored events. Our clientele is all ages, all sizes and always on the lookout for something out of the ordinary at affordable prices. Our franchisees are savvy, sales-oriented, and love working with people. Whether you are looking for the perfect outfit, or the perfect business opportunity, Mainstream Boutique might be for you! Mainstream Fashions is a company dedicated to helping women look and feel great in fun, unique fashions. We are also dedicated to helping our franchisees be successful and profitable.

Veteran Incentives  10% off franchise fee

#405 in Franchise 500 for 2020.