Gingiss Formalwear vs Change Lingerie Franchise Comparison

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

Start-Up Costs and Fees

 
Gingiss Formalwear Franchise
Change Lingerie Franchise
Investment $94,680 - $242,680$100,000 - And Up
Franchise Fee N/A$35,000
Royalty Fee --
Advertising Fee --
Year Founded -2006
Year Franchised -2008
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements

 
Gingiss Formalwear Franchise
Change Lingerie Franchise
Experience --

Financing Options

 
Gingiss Formalwear Franchise
Change Lingerie Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support

 
Gingiss Formalwear Franchise
Change Lingerie Franchise
Training -Pre-opening and ongoing
Support --
Marketing --
Operations --

Expansion Plans

 
Gingiss Formalwear Franchise
Change Lingerie Franchise
US Expansion --
Canada Expansion -Yes
International Expansion -Yes

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 Change Lingerie

Do you want to become a part of a strong and successful brand? Now is your chance to get your own Change store and create your own success! Change of Scandinavia A/S is an international lingerie chain, which has achieved high growth and global success since the company was founded in 1995. We are known for a wide selection of quality lingerie in many sizes, designs and price ranges - and for world class service. Our success rests on a powerful franchise concept, which has made it possible for us to open stores around the world. To maintain this success we need YOU! As a franchisee you can be independent and at the same time enjoy all the benefits of being part of a larger chain with a well known concept that is based on a tailor made retail concept with great potential. Contact us on [email protected] if you would like to know more about the possibilities to become a franchisee at Change.