Gymboree vs MODE Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Gymboree vs MODE including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Gymboree Franchise
MODE Franchise
Investment $81,143 - $267,593$171,000 - And Up
Franchise Fee $45,000$30,000
Royalty Fee 6%6%
Advertising Fee -1%
Year Founded 19762007
Year Franchised 19782011
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee --


Business Experience Requirements
 
Gymboree Franchise
MODE Franchise
Experience
  • General business experience
    		• -

    Financing Options
     
    Gymboree Franchise
    MODE 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
     
    Gymboree Franchise
    MODE Franchise
    Training -

    Our franchisees first take a three phase online course after which they spend one full week in Fargo at our Store Support Center and Flagship location. We send a team of 2 to every store for a full week before they open. Once open for six weeks, we offer a Phase VI one-on-one training program with our Founder and the franchisee.
    Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives-
    Marketing Co-op advertising, Ad slicks, National media, Regional advertising-
    Operations International franchisees required to buy multiple units/master licenses; 44% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 3 - 4

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

    		-

    Expansion Plans
     
    Gymboree Franchise
    MODE Franchise
    US Expansion --
    Canada Expansion No-
    International Expansion Yes-

    Company Overviews

    About Gymboree

    San Francisco mother Joan Barnes created the Gymboree Play and Music Program in 1976 when she couldn't find a safe place for new parents and children to play and exercise together. There are now locations across the United States and throughout the world.

    Gymboree Play and Music centers offer different classes each week for children ranging from newborn through 4 years old. Classes are designed to stimulate the senses and encourage children's development.

    About MODE

    MODE is a designer outlet in a boutique environment and Home of the $40 Designer Jean. We are a Fargo, ND based company and currently have 12 locations across the Midwest and SC. MODE is unique in that is take the outlet concept and merges it with a boutique environment to make it a special shopping experience, unlike any other.