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Updated RecentlyGent's Formal Wear vs KneeShorts Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Gent's Formal Wear vs KneeShorts 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 - $95,000 | $37,750 - $74,500 |
| Franchise Fee | $20,000 | $5,000 - $20,000 |
| Royalty Fee | 6% | 1.5% - 6% |
| Advertising Fee | - | up to $1,000 per season |
| Year Founded | 1981 | 2000 |
| Year Franchised | 1995 | 2009 |
| Term Of Agreement | 5 years | 10 years |
| Term Of Agreement | 5 years | 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 | 2 Weeks at Office/1 Week On-Site | We provide you an initial training program that covers material aspects of the operation of the franchised business. This training is offered on an as needed basis at our headquarters in 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 | # Store Set-up # Operations Manual # Marketing/Advertising Guide # Lease Negotiations & Site Selection Assistance # Exclusive Territory # Company Wholesale Program # IFA Convention Member # Operational Support | - |
| Marketing | - | - |
| Operations | - | Contact us for up to date information. Our business operations are covered in detail in our business OPs manual as well as our Franchise Disclosure Document provided to franchisees. |
Expansion Plans |
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| US Expansion | - | Yes |
| Canada Expansion | - | - |
| International Expansion | - | - |
Company Overviews
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.
About KneeShorts
NO LONGER FRANCHISING
Since 2001, KneeShorts has been a standout amid the most conspicuous attire brands remaining for unobtrusiveness. Our product offering incorporates knee-length men's and ladies' shorts, layering shirts, swimwear and the sky is the limit from there. KneeShorts as of now has a huge number of clients in each of the 50 states and in numerous nations around the globe. KneeShorts was named to the prestigious "Utah 100" quickest developing organizations for both 2005 and 2006. KneeShorts' best season is late spring/early summer, when numerous different retailers stock improper styles. We have built up an establishment display utilizing shopping center stands/trucks that permits franchisees to work amid these most beneficial months with costs lower than conventional year-round retail outlets. For some who think about acquiring as an establishment, owning your own particular business is frequently another, entrepreneurial experience. KneeShorts could be appropriate for you regardless of your experience. We are searching for establishment administrators who comprehend the value of a set up brand and need to furnish items reliable with their clients' qualities. KneeShorts trusts that effective organizations (even those offering clothing) can be based on rule. The rule to which we are committed is unobtrusiveness. We guarantee not to offer low hip-huggers, tiny inseams, high openings, or other shameless cuts of dress. Clients belittle KneeShorts' and demonstrate to standard retailers that they don't have to convey improper apparel to be effective! Since 2001 KneeShorts has been a standout amid the most unmistakable clothing brands remaining for humility. Our product offering incorporates knee-length men's and ladies' shorts, layering shirts, swimwear and that's just the beginning. KneeShorts as of now has a huge number of clients in each of the 50 states and in numerous nations around the globe. KneeShorts was named to the prestigious "Utah 100" quickest developing organizations for both 2005 and 2006.