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Updated RecentlyWhimsy vs BareBones WorkWear Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Whimsy vs BareBones WorkWear 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 | $345,000 - $393,800 |
| Franchise Fee | $25,000 | $35,000 |
| Royalty Fee | 6% | 4% |
| Advertising Fee | N/A | 1% |
| Year Founded | 2003 | 1998 |
| Year Franchised | 2008 | 2013 |
| 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 | 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 | Yes |
| Canada Expansion | - | - |
| International Expansion | - | - |
Company Overviews
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
About BareBones WorkWear
BareBones WorkWear® is a retro concept packaged in an innovative
franchise operation. Maybe you remember the corner haberdashery store
where a guy went to get a basic overall or a pair of classic Levi’s® and
a pair of hearty logger boots that he relied on to work hard and
strong. It was not about fashion and not about the frills - it was about
a trusting relationship with the owner, his staff, and the brand.
The BareBones concept is all about those loyal customer relationships
built on an honest, straightforward and unpretentious approach to
provide useful products at a fair price. We are customer-centric. It’s part of our DNA. If you always have the best consideration of the needs of the customer, then success follows right along.
What else is in our DNA?
- Integrity - Unity and cohesion through accountability.
- Transparency - We are all on the same team, so we need to all know the plays.
- Doing the Right Thing - Too simple, too important.
- Engagement - We actively engage with customers.
- Concern - Yup, this is the being genuine and giving a S#*t part.
- Passion/Drive/Grit - We love challenges; don’t you?
- Fun Spirit - We’re the coolest place on the block.
The strategy behind fashion-based retail stores is a cycle of hit - miss, then markdown. That’s why they have to have constant sales and coupons. They often do not refill existing product items, whereas the BareBone’s product line has minimalistic style changes from year to year. There is enough change to keep the excitement, but the basic utilitarian stuff creates a repetitive and loyal following. We spend our efforts supplying what people actually need instead of forcing what we think they want.
As a VetFran member we offer a 10% Discount for the Franchise Fee and Area Development.