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Below is an in-depth analysis and side-by-side comparison of Gent's Formal Wear vs Adam & Eve Stores 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 | $149,000 - $345,000 |
Franchise Fee | $20,000 | $30,000 |
Royalty Fee | 6% | - |
Advertising Fee | - | - |
Year Founded | 1981 | 1970 |
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.
Visitors to Adam & Eve often find themselves surprised. The company is based on a 10-acre site in historic Hillsborough, North Carolina - operating from our 110,000 sq. ft. warehouse and a three-story office building. It is one of the largest private employers in Orange County, North Carolina with a diverse staff of nearly 375 people, including recent high school and college graduates, new parents and white-haired grandmothers. Apart from signed posters of adult stars and representatives in the call center praising the merits of a new video, there's very little on the surface to distinguish Adam & Eve from any other company in America. But the company promotes a very employee-friendly environment, as demonstrated by a high retention rate. Great benefits like half-day Fridays, personal days throughout the year and quarterly performance bonuses promote a rare family-like atmosphere at Adam & Eve that's the envy of companies throughout the nation.