Educational Outfitters vs Gent's Formal Wear Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Educational Outfitters vs Gent's Formal Wear including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Educational Outfitters Franchise
Gent's Formal Wear Franchise
Investment $82,600 - $198,150$75,000 - $95,000
Franchise Fee $29,500$20,000
Royalty Fee 5%6%
Advertising Fee 3%-
Year Founded 19981981
Year Franchised 20011995
Term Of Agreement 10 years5 years
Term Of Agreement 10 years5 years
Renewal Fee --


Business Experience Requirements
 
Educational Outfitters Franchise
Gent's Formal Wear Franchise
Experience
  • General business experience
  • Marketing skills
    		• -

    Financing Options
     
    Educational Outfitters Franchise
    Gent's Formal Wear Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/No-/-
    Start-up Costs No/No-/-
    Equipment No/No-/-
    Inventory No/No-/-
    Receivables No/No-/-
    Payroll No/No-/-

    Training & Support
     
    Educational Outfitters Franchise
    Gent's Formal Wear Franchise
    Training -2 Weeks at Office/1 Week On-Site
    Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives# Store Set-up # Operations Manual # Marketing/Advertising Guide # Lease Negotiations & Site Selection Assistance # Exclusive Territory # Company Wholesale Program # IFA Convention Member # Operational Support
    Marketing Co-op advertising, Ad slicks, Regional advertising-
    Operations

    Number of employees needed to run franchised unit: 2

    Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)

    		-

    Expansion Plans
     
    Educational Outfitters Franchise
    Gent's Formal Wear Franchise
    US Expansion Yes-
    Canada Expansion No-
    International Expansion No-

    Company Overviews

    About Educational Outfitters

    Chattanooga, Tennessee-based Educational Outfitters was founded by Jamey and Brian Elrod in 1998 to make school uniform shopping more convenient for parents. The company sells tops, bottoms, jackets and accessories for public and private elementary, junior high and high school students.Educational Outfitters is the first franchise opportunity that offers retail stores-selling school uniforms and dress code apparel. Our customers are parents of students enrolled in Kindergarten through 12th grade at private, parochial, Christian and public schools. This is a huge and growing market. Not only are enrollments at private secular and religious schools growing, but also an increasing number of public schools are turning to uniforms and dress codes as a means of improving scholastic achievement, conduct, safety and self-esteem.

    We are committed to our customers and our franchise owners, and this culminates in our stated two-fold company purpose: "To seek, serve, and honor God as a business, and to have a multiplying impact on the lives our business touches."

    For our customers, we work to provide superior products, service, value, and convenience. For our franchise system, we deploy our proven concept, systems, and best efforts to help our owners succeed in their local markets.

    About Gent's Formal Wear

    Gent's Formal Wear is now offering franchises to individuals or couples interested in owning their own Tuxedo business. Weddings are relatively recession-proof. The wedding day is still the most important day in a woman's life. Brides want their Grooms and Groomsmen in Tuxedos! Gent's Formal Wear offers rentals and sales of the finest Tuxedos available. Gent's Formal Wear offers the quality and service that today's customers are looking for.