| ||||
Updated RecentlyChange Lingerie vs MODE Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Change Lingerie vs MODE including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
| Investment | $100,000 - And Up | $171,000 - And Up |
| Franchise Fee | $35,000 | $30,000 |
| Royalty Fee | - | 6% |
| Advertising Fee | - | 1% |
| Year Founded | 2006 | 2007 |
| Year Franchised | 2008 | 2011 |
| Term Of Agreement | - | - |
| Term Of Agreement | - | - |
| Renewal Fee | - | - |
Business Experience Requirements |
||
| Experience | - | - |
Financing Options |
||
| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | -/- | -/- |
| Start-up Costs | -/- | -/- |
| Equipment | -/- | -/- |
| Inventory | -/- | -/- |
| Receivables | -/- | -/- |
| Payroll | -/- | -/- |
Training & Support |
||
| Training | Pre-opening and ongoing | Our franchisees first take a three phase online course after which they spend one full week in Fargo at our Store Support Center and Flagship location. We send a team of 2 to every store for a full week before they open. Once open for six weeks, we offer a Phase VI one-on-one training program with our Founder and the franchisee. |
| Support | - | - |
| Marketing | - | - |
| Operations | - | - |
Expansion Plans |
||
| US Expansion | - | - |
| Canada Expansion | Yes | - |
| International Expansion | Yes | - |
Company Overviews
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.
About MODE
MODE is a designer outlet in a boutique environment and Home of the $40 Designer Jean. We are a Fargo, ND based company and currently have 12 locations across the Midwest and SC. MODE is unique in that is take the outlet concept and merges it with a boutique environment to make it a special shopping experience, unlike any other.