Gingiss Formalwear vs The Box Lunch Franchise Comparison

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

Start-Up Costs and Fees

 
Gingiss Formalwear Franchise
The Box Lunch Franchise
Investment $94,680 - $242,680$70,000 - $150,000
Franchise Fee N/AN/A
Royalty Fee --
Advertising Fee --
Year Founded --
Year Franchised --
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements

 
Gingiss Formalwear Franchise
The Box Lunch Franchise
Experience --

Financing Options

 
Gingiss Formalwear Franchise
The Box Lunch Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
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Payroll -/--/-

Training & Support

 
Gingiss Formalwear Franchise
The Box Lunch Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans

 
Gingiss Formalwear Franchise
The Box Lunch Franchise
US Expansion --
Canada Expansion --
International Expansion --

Company Overviews

About Gingiss Formalwear

Gingiss was sold to their major competitor, Men's Wearhouse. With over 250 stores, Gingiss is the largest formalwear chain in the world. Formalwear is a $1 billion annual business, and Gingiss and its affiliates represent nearly 10% of that total. Taking your place within the formalwear industry is what the Gingiss franchise opportunity is all about. Our industry is a quiet, but substantial marketplace. With Gingiss, you have the full support and experience of a parent company with more than a half-century of industry experience and hundreds of fellow franchise owners across the country. From a financial perspective, the potential benefits of a Gingiss franchise can be numerous: * An unusually low cost-of goods-per rental because each garment can be rented 30 to 40 times. * A variety of tax advantages * The potential for developing a multi-store operation. Over 35% or our franchisees operate 3 or more stores. * The opportunity to work with an experienced franchise company. * The possibility that your investment can appreciate through a build-up of goodwill, referrals, and a reputation of quality and service. For many, the personal benefits are equally attractive: * Personal independence in a clean retail environment. * Family succession. * The freedom to utilize your creativity and make decisions without the limitations of a corporate hierarchy. * The opportunity to "take charge" and make things happen in a strong customer service environment where good people make a difference.

About The Box Lunch

BoxLunch is a civic-minded web + brick and mortar based specialty retailer offering a curated collection of licensed and non-licensed merchandise. With every $10 spent on our pop culture-themed product offering of apparel, accessories, home goods, gift and novelty, and collectibles, BoxLunch will help provide a meal secured by Feeding America® on behalf of local member food banks