Gingiss Formalwear vs Trunk Club Franchise Comparison

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

Start-Up Costs and Fees

 
Gingiss Formalwear Franchise
Trunk Club Franchise
Investment $94,680 - $242,680$5,000
Franchise Fee N/AN/A
Royalty Fee --
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Term Of Agreement --
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Business Experience Requirements

 
Gingiss Formalwear Franchise
Trunk Club Franchise
Experience -Successful candidates will have a strong track record of experience in business development, sales, or account management and a very skilled eye for men's apparel and styling. We're looking for top performers who are independent, motivated, and excited to work in a highly-entrepreneurial environment.

Financing Options

 
Gingiss Formalwear Franchise
Trunk Club Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
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Training & Support

 
Gingiss Formalwear Franchise
Trunk Club Franchise
Training --
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Expansion Plans

 
Gingiss Formalwear Franchise
Trunk Club Franchise
US Expansion --
Canada Expansion --
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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 Trunk Club

THIS IS NOT A FRANCHISE THIS IS A LICENSEE OPPORTUNITY Trunk Club is a young and rapidly growing startup built around the idea that there's a better way for men to find awesome clothing. Trunk Club is led by a management team with a track record of success in men's apparel. We're looking to rapidly expand our team of full-time Trunk Club stylists. THE FULL-TIME STYLIST ROLE Stylists are the face of our company: They build and maintain client relationships and provide the exceptional level of service on which we pride ourselves. Our stylists are one part personal fashion outfitter and one part business development manager. They provide highly-personalized style advice and are always looking for ways to exceed their clients' expectations. They're passionate about maintaining long-term client relationships and continually generating referrals and new clientele. The licensee fee includes: representation on the website, all marketing material, on-board training, continued mentorship training, access to all the TC systems, policies and procedures, access to a home based business, access to the TC product division, marketing leads, support and the ability to sign on sub-licensees to build huge success. The best way to find out more about this opportunity is to email [email protected]