Gingiss Formalwear vs The Earth Collection Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Gingiss Formalwear vs The Earth Collection including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Gingiss Formalwear Franchise
The Earth Collection Franchise
Investment $94,680 - $242,680$25,000 - $50,000
Franchise Fee N/AN/A
Royalty Fee --
Advertising Fee --
Year Founded -1993
Year Franchised -1993
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements

 
Gingiss Formalwear Franchise
The Earth Collection Franchise
Experience --

Financing Options

 
Gingiss Formalwear Franchise
The Earth Collection Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support

 
Gingiss Formalwear Franchise
The Earth Collection Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans

 
Gingiss Formalwear Franchise
The Earth Collection Franchise
US Expansion --
Canada Expansion --
International Expansion --

Company Overviews

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.

About The Earth Collection

Open your own independent THE EARTH COLLECTION concept store and prosper from the market for fashionable, eco friendly garments made from 100% natural fibres. This is not a franchise. There are no fees and no royalties. Introduced to North America, this proven concept is sold in over 500 stores world wide. We are looking for licensees in Ontario. The concept does particularly well in resort/tourist communities.