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Updated RecentlyMainstream Boutique vs Gingiss Formalwear Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Mainstream Boutique vs Gingiss Formalwear including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $160,800 - $306,350 | $94,680 - $242,680 |
| Franchise Fee | $40,000 | N/A |
| Royalty Fee | 7.5% | - |
| Advertising Fee | 0.5% | - |
| Year Founded | 1991 | - |
| Year Franchised | 1998 | - |
| Term Of Agreement | - | - |
| Term Of Agreement | - | - |
| 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 | -/Yes | -/- |
| Start-up Costs | -/Yes | -/- |
| Equipment | -/Yes | -/- |
| Inventory | -/Yes | -/- |
| Receivables | -/Yes | -/- |
| Payroll | -/Yes | -/- |
Training & Support |
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| Training | 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 | 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 |
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| US Expansion | Yes | - |
| Canada Expansion | - | - |
| International Expansion | - | - |
Company Overviews
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
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About Gingiss Formalwear
Gingiss was sold to their major competitor, Men's Wearhouse. With over 250 stores, Gingiss is the largest formalwear chain in the world. Formalwear is a $1 billion annual business, and Gingiss and its affiliates represent nearly 10% of that total. Taking your place within the formalwear industry is what the Gingiss franchise opportunity is all about. Our industry is a quiet, but substantial marketplace. With Gingiss, you have the full support and experience of a parent company with more than a half-century of industry experience and hundreds of fellow franchise owners across the country. From a financial perspective, the potential benefits of a Gingiss franchise can be numerous: * An unusually low cost-of goods-per rental because each garment can be rented 30 to 40 times. * A variety of tax advantages * The potential for developing a multi-store operation. Over 35% or our franchisees operate 3 or more stores. * The opportunity to work with an experienced franchise company. * The possibility that your investment can appreciate through a build-up of goodwill, referrals, and a reputation of quality and service. For many, the personal benefits are equally attractive: * Personal independence in a clean retail environment. * Family succession. * The freedom to utilize your creativity and make decisions without the limitations of a corporate hierarchy. * The opportunity to "take charge" and make things happen in a strong customer service environment where good people make a difference.