Gent's Formal Wear vs Discount Clothing Store Developers Franchise Comparison

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

Start-Up Costs and Fees

 
Gent's Formal Wear Franchise
Discount Clothing Store Developers Franchise
Investment $75,000 - $95,000 $66,900 - And Up
Franchise Fee $20,000 N/A
Royalty Fee 6% -
Advertising Fee - -
Year Founded 1981 -
Year Franchised 1995 -
Term Of Agreement 5 years -
Term Of Agreement 5 years -
Renewal Fee - -


Business Experience Requirements

 
Gent's Formal Wear Franchise
Discount Clothing Store Developers Franchise
Experience - -

Financing Options

 
Gent's Formal Wear Franchise
Discount Clothing Store Developers Franchise
  In-House/3rd Party In-House/3rd Party
Franchise Fees -/- -/-
Start-up Costs -/- -/-
Equipment -/- -/-
Inventory -/- -/-
Receivables -/- -/-
Payroll -/- -/-

Training & Support

 
Gent's Formal Wear Franchise
Discount Clothing Store Developers Franchise
Training 2 Weeks at Office/1 Week On-Site Training begins well before, and continues well after, the opening of the store. The storeowner will be assigned a trainer from our corporate offices. The training program includes a complete review of the comprehensive operations manual and other materials including: Store Build Out and Preparation Cash Management Hours of Operation Inventory Order and Control Merchandise Ordering Merchandising Store security Employee Handbook Customized training can be done telephonically or a combo of class room training at our corporate headquarters is available.
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 - -

Expansion Plans

 
Gent's Formal Wear Franchise
Discount Clothing Store Developers Franchise
US Expansion - Yes
Canada Expansion - -
International Expansion - -

Start-Up Costs and Fees Mobile

Investment
Gent's Formal Wear Franchise
$75,000 - $95,000
Discount Clothing Store Developers Franchise
$66,900 - And Up
Franchise Fee
Gent's Formal Wear Franchise
$20,000
Discount Clothing Store Developers Franchise
N/A
Royalty Fee
Gent's Formal Wear Franchise
6%
Discount Clothing Store Developers Franchise
-
Advertising Fee
Gent's Formal Wear Franchise
-
Discount Clothing Store Developers Franchise
-
Year Founded
Gent's Formal Wear Franchise
1981
Discount Clothing Store Developers Franchise
-
Year Franchised
Gent's Formal Wear Franchise
1995
Discount Clothing Store Developers Franchise
-
Term Of Agreement
Gent's Formal Wear Franchise
5 years
Discount Clothing Store Developers Franchise
-
Renewal Fee
Gent's Formal Wear Franchise
-
Discount Clothing Store Developers Franchise
-


Business Experience Requirements

Experience
Gent's Formal Wear Franchise
-
Discount Clothing Store Developers Franchise
-

Financing Options

  In-House/3rd Party
Franchise Fees
Gent's Formal Wear Franchise
-/-
Discount Clothing Store Developers Franchise
-/-
Start-up Costs
Gent's Formal Wear Franchise
-/-
Discount Clothing Store Developers Franchise
-/-
Equipment
Gent's Formal Wear Franchise
-/-
Discount Clothing Store Developers Franchise
-/-
Inventory
Gent's Formal Wear Franchise
-/-
Discount Clothing Store Developers Franchise
-/-
Receivables
Gent's Formal Wear Franchise
-/-
Discount Clothing Store Developers Franchise
-/-
Payroll
Gent's Formal Wear Franchise
-/-
Discount Clothing Store Developers Franchise
-/-

Training & Support

Training
Gent's Formal Wear Franchise
2 Weeks at Office/1 Week On-Site
Discount Clothing Store Developers Franchise
Training begins well before, and continues well after, the opening of the store. The storeowner will be assigned a trainer from our corporate offices. The training program includes a complete review of the comprehensive operations manual and other materials including: Store Build Out and Preparation Cash Management Hours of Operation Inventory Order and Control Merchandise Ordering Merchandising Store security Employee Handbook Customized training can be done telephonically or a combo of class room training at our corporate headquarters is available.
Support
Gent's Formal Wear Franchise
# Store Set-up # Operations Manual # Marketing/Advertising Guide # Lease Negotiations & Site Selection Assistance # Exclusive Territory # Company Wholesale Program # IFA Convention Member # Operational Support
Discount Clothing Store Developers Franchise
-
Marketing
Gent's Formal Wear Franchise
-
Discount Clothing Store Developers Franchise
-
Operations
Gent's Formal Wear Franchise
-
Discount Clothing Store Developers Franchise
-

Expansion Plans

US Expansion
Gent's Formal Wear Franchise
-
Discount Clothing Store Developers Franchise
Yes
Canada Expansion
Gent's Formal Wear Franchise
-
Discount Clothing Store Developers Franchise
-
International Expansion
Gent's Formal Wear Franchise
-
Discount Clothing Store Developers Franchise
-

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 Discount Clothing Store Developers

Discount Clothing Store Developers is a business opportunity, NOT A FRANCHISE! The owner and management staff of Discount Clothing Store Developers has owned and operated retail stores for many years, so we fully understand what is necessary for storeowners to be the most successful. Based on our knowledge and expertise, we will guide you in structuring your retail operation providing the basis of how to conduct business. Elements such as human resources finding and keeping productive trustworthy employees, to budgeting for financial stability and growth potential, and effective cost-minded marketing; these items are the foundation for any successful business. In addition, we know what merchandise to provide to the stores, how to merchandise it in a professional manner creating demand, and when to start the closeout process preparing for the next seasonal session. All of these elements provide for a proper inventory flow allowing for the greatest opportunity for profit and long term success. Merchandise pricing strategies is another key ingredient to success. History has shown us that with proper pricing schemes you create a desire for your customer to spend more than they anticipated by using "2 for" pricing, multi-unit discounting, and clearly showing your discounted pricing verses MSRP. After analysis of your market and rent structure, we will recommend the pricing formula to you with the greatest net revenue projection considering all relevant factors.