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Updated RecentlyBijoux Terner vs Whimsy Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Bijoux Terner vs Whimsy including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $255,850 - $546,850 | $75,000 - $180,000 |
| Franchise Fee | $30,000 | $25,000 |
| Royalty Fee | - | 6% |
| Advertising Fee | - | N/A |
| Year Founded | - | 2003 |
| Year Franchised | - | 2008 |
| Term Of Agreement | - | 10 years |
| Term Of Agreement | - | 10 years |
| Renewal Fee | - | 20% of current franchise 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 | -/- | -/- |
| Start-up Costs | -/- | -/- |
| Equipment | -/- | -/- |
| Inventory | -/- | -/- |
| Receivables | -/- | -/- |
| Payroll | -/- | -/- |
Training & Support |
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| Training | Bijoux Terner conducts an intensive initial training program for all new franchisees over a six day period at its Miami, FL training facility and/or one of its operating luxury boutiques. The training course includes detailed education and instruction in all facets of the business operation including: * The Bijoux Terner Concept * Visual Merchandising * Boutique Management * Sales and Service | We provide you an initial training program that covers material aspects of the operation of the franchised business. The topics covered are listed in the chart below. This training is offered on an as needed basis at our headquarters in Salt Lake City, Utah, or another location we designate. You must designate a manger for the franchised business and he or she must satisfactorily complete the initial training approximately 8 weeks before the opening of the franchised business. One assistant of your choosing may also attend at your option. |
| Support | Bijoux Terners' focused support services provide valuable information to and shared experience with its franchisees to ensure early and ongoing successful program implementation. These services include: * Initial and Ongoing Training Programs * Business and Marketing Planning Assistance * Simplified Purchasing at Substantial Volume Discounts * Inventory Management Systems * Leading-Edge Merchandising Practices * Integrated POS System What does being supported by a global operation mean to you? A staff of 150 design, distribution, logistics, and merchandising specialists. A 165,000 Sq Ft distribution center. Sourcing and quality assurance offices in Hong Kong and Shenzen. State-of-the-Art inventory management. And more� Store Opening Assistance - a Bijoux Terner representative will be on site for up to seven days to help you through a successful opening, including training your employees! | - |
| Marketing | - | - |
| Operations | - | - |
Expansion Plans |
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| US Expansion | - | Yes |
| Canada Expansion | - | - |
| International Expansion | - | - |
Company Overviews
About Bijoux Terner
Fashion Accessory Retail - Simplified & Perfected. For You. As a Bijoux Terner franchisee, you own and operate one or more luxury boutiques selling highly fashionable accessories at a simple $10 price point. Our proven Bijoux Terner system keeps the right products in your boutique, brilliantly merchandised, to deliver consistent customer traffic and sales. We pioneered this powerful retail niche and are eager to share it with qualified people interested in owning their own luxury boutique. If you have ever desired to be in the fashion business, the Bijoux Terner franchise may be the right opportunity for you. Bijoux Terner offers the fashion entrepreneur several options for entering this exciting business. Depending on your financial resources and ideas about the size of the business you intend to build, you may opt to open a single luxury boutique or to open multiple stores under our Multi-Unit Option agreement. As a Bijoux Terner franchisee, you focus on creating a highly visual and captivating customer experience in your luxury boutique. You'll keep your customers enticed through a continual replenishment of new, exciting inventory, the entire look and feel of your store will be ever-changing! Bijoux Terner continues to be a great business partnership for us and the product quality is exceptional for the price. The service is extremely professional and provided on a very personal, friendly, and accommodating level. BijouxTerner is a great company to be a part of and we look forward to opening many more new stores in the near future!
About Whimsy
There are two establishment openings with Whimsy:
Block and Cement ~ Open up your own particular area and we'll give the foundation to you to flourish. Marking, mailing records, stock and years of experience give all that you have to succeed.
Eccentricity on Wheels ~ Take Park City's best boutique out and about. The Whimsy trailer is anything but difficult to take wherever the general population are social event. Exploit the group at jubilees and occasions with less venture than a customer facing facade.
Whimsy Clothing has 5 Locations and represents considerable authority in FUN, AFFORDABLE shopping. We have extraordinary skirts, dresses, adornments, shoes, pants and nuts and bolts to offer a total shopping knowledge. We have in vogue and contemporary dress to fit both the working lady and additionally the housewife or the understudy on a financial plan. We comprehend that all ladies want to look great and can rest easy. Having a store that spotlights on holding costs down and looks sharp and current is imperative to Whimsy. We realize that ladies need to feel great in what they purchase and also liking the cost. Eccentricity backings and conveys numerous neighborhood specialists and originators and it consistently finding new sellers to keep our stock new and new. Come see what everybody is discussing!!
Average cost of inventory to open $45,000.00
Hardware cost for racks/cash wrap $10,000
At this point we are opening for under $85,000 and can have a store turn-key within 4weeks