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Below is an in-depth analysis and side-by-side comparison of Whimsy vs Trunk Club including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $75,000 - $180,000 | $5,000 |
Franchise Fee | $25,000 | N/A |
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 | - | Successful candidates will have a strong track record of experience in business development, sales, or account management and a very skilled eye for men's apparel and styling. We're looking for top performers who are independent, motivated, and excited to work in a highly-entrepreneurial environment. |
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 | 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 | - | - |
Marketing | - | - |
Operations | - | - |
Expansion Plans |
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US Expansion | Yes | - |
Canada Expansion | - | - |
International Expansion | - | - |
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
THIS IS NOT A FRANCHISE THIS IS A LICENSEE OPPORTUNITY Trunk Club is a young and rapidly growing startup built around the idea that there's a better way for men to find awesome clothing. Trunk Club is led by a management team with a track record of success in men's apparel. We're looking to rapidly expand our team of full-time Trunk Club stylists. THE FULL-TIME STYLIST ROLE Stylists are the face of our company: They build and maintain client relationships and provide the exceptional level of service on which we pride ourselves. Our stylists are one part personal fashion outfitter and one part business development manager. They provide highly-personalized style advice and are always looking for ways to exceed their clients' expectations. They're passionate about maintaining long-term client relationships and continually generating referrals and new clientele. The licensee fee includes: representation on the website, all marketing material, on-board training, continued mentorship training, access to all the TC systems, policies and procedures, access to a home based business, access to the TC product division, marketing leads, support and the ability to sign on sub-licensees to build huge success. The best way to find out more about this opportunity is to email [email protected]