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Below is an in-depth analysis and side-by-side comparison of Bon Worth vs Monkee's including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $123,690 - $190,375 | $270,981 - $464,977 |
Franchise Fee | $30,000 | $50,000 |
Royalty Fee | - | 5% |
Advertising Fee | - | 1% |
Year Founded | 1966 | 1995 |
Year Franchised | 2016 | 2011 |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
Renewal 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 | - | On-The-Job Training: 32 hours Classroom Training: 30 hours |
Support | - | Meetings/Conventions Grand Opening Security/Safety Procedures Field Operations Site Selection |
Marketing | - | Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing |
Operations | - | - |
Expansion Plans |
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US Expansion | Yes | - |
Canada Expansion | - | - |
International Expansion | - | - |
Bon Worth has been a nationally recognized retailer of quality women’s fashion for over 52 years. It currently operates 115 company-owned retail stores located in 28 states.
Bon Worth was founded in 1966 by Mr. Loren Wells. It is in a niche market and enjoys an extremely loyal following in the market it caters to. It has captive customers who are extremely loyal. Based on the feedback from dozens of stores across the U.S., along with the flagship store in Hendersonville, N.C., Bon Worth has decided to begin franchising as a vehicle of new growth. We will unify the franchisees under a common operating system and name and will provide the keys to success gained through unparalleled years in the fashion world.
Bon Worth is known for its classic designs and the brand was rated the Number One Outlet Brand. The brand’s designs are exclusive.
An upscale, girlie, always in style boutique where the owner desired to give her customers the ultimate shopping experience - and even know them by name!
It did not take long for the word to spread, and soon Monkee’s of Wilmington was a destination! A second store was opened only a short time later in Winston-Salem, North Carolina by Brenda Maready, the co-owner of Monkee’s Franchising, LLC. The Monkee’s brand has become synonymous with personalized customer service and cutting edge designer fashion. Instead of shopping at big department stores, customers travel to Monkee’s for an intimate shopping experience. At Monkee’s, it has never been just about the sale; it’s about helping a friend walk out feeling beautiful and looking her best.