Gent's Formal Wear vs Bon Worth Franchise Comparison

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

Start-Up Costs and Fees

 
Gent's Formal Wear Franchise
Bon Worth Franchise
Investment $75,000 - $95,000$123,690 - $190,375
Franchise Fee $20,000$30,000
Royalty Fee 6%-
Advertising Fee --
Year Founded 19811966
Year Franchised 19952016
Term Of Agreement 5 years-
Term Of Agreement 5 years-
Renewal Fee --


Business Experience Requirements

 
Gent's Formal Wear Franchise
Bon Worth Franchise
Experience --

Financing Options

 
Gent's Formal Wear Franchise
Bon Worth Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support

 
Gent's Formal Wear Franchise
Bon Worth Franchise
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

 
Gent's Formal Wear Franchise
Bon Worth 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 Bon Worth

Bon Worth has been a nationally recognized retailer of quality women’s fashion for over 52 years. It currently operates 115 company-owned retail stores located in 28 states.
Bon Worth was founded in 1966 by Mr. Loren Wells. It is in a niche market and enjoys an extremely loyal following in the market it caters to. It has captive customers who are extremely loyal. Based on the feedback from dozens of stores across the U.S., along with the flagship store in Hendersonville, N.C., Bon Worth has decided to begin franchising as a vehicle of new growth. We will unify the franchisees under a common operating system and name and will provide the keys to success gained through unparalleled years in the fashion world.
Bon Worth is known for its classic designs and the brand was rated the Number One Outlet Brand. The brand’s designs are exclusive.