Gingiss Formalwear vs Del Sol Franchise Comparison

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

Start-Up Costs and Fees

 
Gingiss Formalwear Franchise
Del Sol Franchise
Investment $94,680 - $242,680$150,000
Franchise Fee N/AN/A
Royalty Fee --
Advertising Fee --
Year Founded -1994
Year Franchised -1998
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements

 
Gingiss Formalwear Franchise
Del Sol Franchise
Experience --

Financing Options

 
Gingiss Formalwear Franchise
Del Sol Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support

 
Gingiss Formalwear Franchise
Del Sol Franchise
Training -At Headquarters At Licensee's Location Manual By Video Online By Phone
Support -Newsletter Advertising/Marketing Technical Support Phone Support
Marketing --
Operations -Business can be run part-time.

Expansion Plans

 
Gingiss Formalwear Franchise
Del Sol Franchise
US Expansion -Yes
Canada Expansion --
International Expansion -Yes

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 Del Sol

Invest in a profitable business venture that's hard work and tons of fun, too. Del Sol is one of the fastest growing tourist-based businesses in the United States, Caribbean, Mexico and Canada, and it continues to be the number-one clothing retailer in the Caribbean. As a store owner, you share in all the growth and excitement of Del Sol and its bright future ahead! You will own and run your own business, while still reaping the support of an entire corporation and proven retail programs that will help you to be successful. At Del Sol, profits soar in sunlight!