Gingiss Formalwear vs Bijoux Terner Franchise Comparison

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

Start-Up Costs and Fees

 
Gingiss Formalwear Franchise
Bijoux Terner Franchise
Investment $94,680 - $242,680 $255,850 - $546,850
Franchise Fee N/A $30,000
Royalty Fee - -
Advertising Fee - -
Year Founded - -
Year Franchised - -
Term Of Agreement - -
Term Of Agreement - -
Renewal Fee - -


Business Experience Requirements

 
Gingiss Formalwear Franchise
Bijoux Terner Franchise
Experience - -

Financing Options

 
Gingiss Formalwear Franchise
Bijoux Terner Franchise
  In-House/3rd Party In-House/3rd Party
Franchise Fees -/- -/-
Start-up Costs -/- -/-
Equipment -/- -/-
Inventory -/- -/-
Receivables -/- -/-
Payroll -/- -/-

Training & Support

 
Gingiss Formalwear Franchise
Bijoux Terner Franchise
Training - Bijoux Terner conducts an intensive initial training program for all new franchisees over a six day period at its Miami, FL training facility and/or one of its operating luxury boutiques. The training course includes detailed education and instruction in all facets of the business operation including: * The Bijoux Terner Concept * Visual Merchandising * Boutique Management * Sales and Service
Support - Bijoux Terners' focused support services provide valuable information to and shared experience with its franchisees to ensure early and ongoing successful program implementation. These services include: * Initial and Ongoing Training Programs * Business and Marketing Planning Assistance * Simplified Purchasing at Substantial Volume Discounts * Inventory Management Systems * Leading-Edge Merchandising Practices * Integrated POS System What does being supported by a global operation mean to you? A staff of 150 design, distribution, logistics, and merchandising specialists. A 165,000 Sq Ft distribution center. Sourcing and quality assurance offices in Hong Kong and Shenzen. State-of-the-Art inventory management. And more… Store Opening Assistance - a Bijoux Terner representative will be on site for up to seven days to help you through a successful opening, including training your employees!
Marketing - -
Operations - -

Expansion Plans

 
Gingiss Formalwear Franchise
Bijoux Terner Franchise
US Expansion - -
Canada Expansion - -
International Expansion - -

Start-Up Costs and Fees Mobile

Investment
Gingiss Formalwear Franchise
$94,680 - $242,680
Bijoux Terner Franchise
$255,850 - $546,850
Franchise Fee
Gingiss Formalwear Franchise
N/A
Bijoux Terner Franchise
$30,000
Royalty Fee
Gingiss Formalwear Franchise
-
Bijoux Terner Franchise
-
Advertising Fee
Gingiss Formalwear Franchise
-
Bijoux Terner Franchise
-
Year Founded
Gingiss Formalwear Franchise
-
Bijoux Terner Franchise
-
Year Franchised
Gingiss Formalwear Franchise
-
Bijoux Terner Franchise
-
Term Of Agreement
Gingiss Formalwear Franchise
-
Bijoux Terner Franchise
-
Renewal Fee
Gingiss Formalwear Franchise
-
Bijoux Terner Franchise
-


Business Experience Requirements

Experience
Gingiss Formalwear Franchise
-
Bijoux Terner Franchise
-

Financing Options

  In-House/3rd Party
Franchise Fees
Gingiss Formalwear Franchise
-/-
Bijoux Terner Franchise
-/-
Start-up Costs
Gingiss Formalwear Franchise
-/-
Bijoux Terner Franchise
-/-
Equipment
Gingiss Formalwear Franchise
-/-
Bijoux Terner Franchise
-/-
Inventory
Gingiss Formalwear Franchise
-/-
Bijoux Terner Franchise
-/-
Receivables
Gingiss Formalwear Franchise
-/-
Bijoux Terner Franchise
-/-
Payroll
Gingiss Formalwear Franchise
-/-
Bijoux Terner Franchise
-/-

Training & Support

Training
Gingiss Formalwear Franchise
-
Bijoux Terner Franchise
Bijoux Terner conducts an intensive initial training program for all new franchisees over a six day period at its Miami, FL training facility and/or one of its operating luxury boutiques. The training course includes detailed education and instruction in all facets of the business operation including: * The Bijoux Terner Concept * Visual Merchandising * Boutique Management * Sales and Service
Support
Gingiss Formalwear Franchise
-
Bijoux Terner Franchise
Bijoux Terners' focused support services provide valuable information to and shared experience with its franchisees to ensure early and ongoing successful program implementation. These services include: * Initial and Ongoing Training Programs * Business and Marketing Planning Assistance * Simplified Purchasing at Substantial Volume Discounts * Inventory Management Systems * Leading-Edge Merchandising Practices * Integrated POS System What does being supported by a global operation mean to you? A staff of 150 design, distribution, logistics, and merchandising specialists. A 165,000 Sq Ft distribution center. Sourcing and quality assurance offices in Hong Kong and Shenzen. State-of-the-Art inventory management. And more… Store Opening Assistance - a Bijoux Terner representative will be on site for up to seven days to help you through a successful opening, including training your employees!
Marketing
Gingiss Formalwear Franchise
-
Bijoux Terner Franchise
-
Operations
Gingiss Formalwear Franchise
-
Bijoux Terner Franchise
-

Expansion Plans

US Expansion
Gingiss Formalwear Franchise
-
Bijoux Terner Franchise
-
Canada Expansion
Gingiss Formalwear Franchise
-
Bijoux Terner Franchise
-
International Expansion
Gingiss Formalwear Franchise
-
Bijoux Terner Franchise
-

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 Bijoux Terner

Fashion Accessory Retail - Simplified & Perfected. For You. As a Bijoux Terner franchisee, you own and operate one or more luxury boutiques selling highly fashionable accessories at a simple $10 price point. Our proven Bijoux Terner system keeps the right products in your boutique, brilliantly merchandised, to deliver consistent customer traffic and sales. We pioneered this powerful retail niche and are eager to share it with qualified people interested in owning their own luxury boutique. If you have ever desired to be in the fashion business, the Bijoux Terner franchise may be the right opportunity for you. Bijoux Terner offers the fashion entrepreneur several options for entering this exciting business. Depending on your financial resources and ideas about the size of the business you intend to build, you may opt to open a single luxury boutique or to open multiple stores under our Multi-Unit Option agreement. As a Bijoux Terner franchisee, you focus on creating a highly visual and captivating customer experience in your luxury boutique. You'll keep your customers enticed through a continual replenishment of new, exciting inventory, the entire look and feel of your store will be ever-changing! Bijoux Terner continues to be a great business partnership for us and the product quality is exceptional for the price. The service is extremely professional and provided on a very personal, friendly, and accommodating level. BijouxTerner is a great company to be a part of and we look forward to opening many more new stores in the near future!