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Below is an in-depth analysis and side-by-side comparison of Gent's Formal Wear vs Amichi including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $75,000 - $95,000 | $87,500 - $345,200 |
Franchise Fee | $20,000 | N/A |
Royalty Fee | 6% | - |
Advertising Fee | - | - |
Year Founded | 1981 | - |
Year Franchised | 1995 | - |
Term Of Agreement | 5 years | - |
Term Of Agreement | 5 years | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | - | - |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/- | -/- |
Start-up Costs | -/- | -/- |
Equipment | -/- | -/- |
Inventory | -/- | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
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Training | 2 Weeks at Office/1 Week On-Site | - |
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 |
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US Expansion | - | - |
Canada Expansion | - | - |
International Expansion | - | - |
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.
If you are passionate about the world of fashion and wish to be independent or to diversify your business, Amichi has much to offer you.
Mutual trust, established management systems and the integration of the value chain, allow Amichi franchisees to offer a quick and effective service to their customers.
Our commitment is based upon a list of common goals and objectives. Amichi has developed Geomarketing studies in order to help us to grow as a company and to determine the viability of our business practices. All results from these studies are analyzed and evaluated in order for us to be able to best establish ourselves in different regions and to adhere to different business models.
At the heart of our business model is a complex structure of logistics, technology and information systems which allow us to co-ordinate, control and monitor the commercial mix. Added to that, our infrastructure allows for economies of scale and gives us clear competitive advantage in the market place.
Amichi brings with it a strong brand image, which is supported by our experience of more than 25 years in the marketplace. Architects and interior designers make the most of retail spaces, carefully assigning decorative techniques in a way that reflects our important corporate image.
Window dressing, merchandising and promotion are just some of the techniques that our operations team develops together with the franchisee, creating synergy in our workforce.
Discover the benefits of joining a strong and well renowned Spanish business chain and be part of our international expansion plan.