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Updated RecentlyGingiss Formalwear Cost Comparisons
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.
Retail Clothing & Accessories Franchise Opportunities
Below is a quick comparison of Gingiss Formalwear against other Retail Clothing & Accessories franchises and business opportunities. For an in depth comparison of Gingiss Formalwear with another opportunity including start-up costs and fees, business experience requirements, training & support and financing options click on the name of the company to view the detailed comparison.
| Franchise | Franchise Fee | Royalty | Advertising Fee | Development Costs |
| Adam & Eve Stores | $30,000 | $149,000-$345,000 | ||
| Affordable Uniforms | $25,000 | $175,000-$325,000 | ||
| Amichi | N/A | $87,500-$345,200 | ||
| BareBones WorkWear | $35,000 | 4% | 1% | $345,000-$393,800 |
| Bellies to Babies | $20,000-$32,000 | 5% of gross revenues | Currently $150 per month | $60,975-$195,525 |
| BHS | N/A | $500,000 | ||
| Big Frog Custom T-Shirts | $13,500-$39,500 | 6% | 1.5% | $114,501-$244,800 |
| Bijoux Terner | $30,000 | $255,850-$546,850 | ||
| Bon Worth | $30,000 | $123,690-$190,375 | ||
| Box Lunch, The | N/A | $70,000-$150,000 | ||
| Change Lingerie | $35,000 | $100,000-And Up | ||
| Chhabra 555 | N/A | 0 | 0 | $120,000 |
| Club Tabby | $25,000 | 4% | $169,600-$317,000 | |
| Copper Penny | $25,000 | 3%-5% | 1% | $189,850-$414,900 |
| Del Sol | N/A | $150,000 | ||
| Discount Clothing Store Developers | N/A | $66,900-And Up | ||
| Earth Collection, The | N/A | $25,000-$50,000 | ||
| Educational Outfitters | $29,500 | 5% | 3% | $82,600-$198,150 |
| FURLA | $25,000 | 2% | $284,000-$480,000 | |
| Gent's Formal Wear | $20,000 | 6% | $75,000-$95,000 | |
| Glove Guy, The | N/A | $28,995 | ||
| Gymboree | $45,000 | 6% | $81,143-$267,593 | |
| Hannoush Jewelers | $20,000 | 4% | $291,000-$717,000 | |
| Hometown Threads | $29,000 | 6% | $165,000 | |
| JACADI | $20,000 | 4% | $190,000-$313,000 | |
| KneeShorts | $5,000-$20,000 | 1.5% - 6% | up to $1,000 per season | $37,750-$74,500 |
| Levi's | $50,000 | $500,000 | ||
| Main Event Sportswear | N/A | $25,000-$50,000 | ||
| Mainstream Boutique | $40,000 | 7.5% | 0.5% | $160,800-$306,350 |
| MODE | $30,000 | 6% | 1% | $171,000-And Up |
| Monkee's | $50,000 | 5% | 1% | $270,981-$464,977 |
| Old Navy | N/A | $500,000 | ||
| Pickles & Ice Cream | $30,000 | 6% | $167,200-$366,000 | |
| Scout and Molly's Boutique | $50,000 | 5.5%-6% | 1% | $252,300-$301,000 |
| Shoes-n-Feet | $25,000 | 5% | $185,800-$313,000 | |
| Sparket Marketing | $20,000 | 0 | 0 | $50,000 |
| Trunk Club | N/A | $5,000 | ||
| USA Baby | $23,400-$60,200 | 3% | $344,000-$650,000 | |
| Whimsy | $25,000 | 6% | N/A | $75,000-$180,000 |