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Gent's Formal Wear

Everybody knows that weddings are big business. Love and marriages are relatively resistant to recession. GENTS is a highly attractive and affordable franchise for the individual or couple seeking to enter the business world.

Franchisor Background

Year Established:

1980

Franchising Since:

1991

Operating Units:
Franchised Units:	6	85.7%
Company-Owned Units:	1	14.3%
	______	_____
Total Operating Units:	7	100%

Geographic Distribution:
U.S.:	7	100%	In 2 States
Canada:	0	0%	In 0 Canadian Provinces
International:	0	0%	In 0 Foreign Countries
	______	_____
Total:	7	100%

North America:
States/Provinces with the largest number of operating units:
Density	Units
1. Florida	1
2. Georgia	1
3. Tennessee	1

Registered in Following Registration States:

Florida

Financial Requirements

Investment:
Minimum Net Worth:	$100K
Cash Investment:	$75K
Total Investment:	$50-75K
Average Total Investment:	$62K

Fees:
Initial Franchise Fee:	$15K
Average Franchise Fee:	$15K
On-Going Royalty:	6%
Average Royalty:	6%
Advertising Fee:	0%

Average Number of Employees:

1 Full-time, 2 Part-time

Space Needs (in square footage):

1,000

Preferred Sites:

Free-standing Building, Strip Center

Other Sites:

Encourage Conversions?

Yes

Earnings Claims Provided?

Yes

Listed in the SBA Registry?

Support and Training

International Franchise Association:	No
Canadian Franchise Association:	No
Franchisee Association/Member:	Yes, Member
Size of Corporate Staff:	2
Site Selection Assistance?	Yes
Lease Negotiation Assistance?	Yes
Financial Assistance?	No

Marketing Support:
Co-Op Advertising:	No
National Advertising:	No
Regional Advertising:	No
Local Advertising:	No
Marketing Materials:	None Specified
Additional Services:	None Specified
Other Marketing Support:	None Specified

On-Going Support:
Central Data Processing:	Included in Fees
Central Purchasing:	Included in Fees
Field Operation Evaluation:	Included in Fees
Field Training:	At Additional Cost
Initial Store Opening:	Included in Fees
Inventory Control:	Included in Fees
Franchisee Newsletter:	Not Applicable
Regional or National Meetings:	At Additional Cost
800 Telephone Hotline:	Not Applicable

Training:
1. Home Office	2 Weeks
2. Franchise Location	1 Week

Franchisee Qualifications

Ranked from 1 (unimportant) to 5 (important):

Financial Net Worth:	5
General Business Experience:	4
Specific Industry Experience:	3
Formal Education:	3
Psychological Profile:	3
Personal Interview(s):	4

Minority Representation

Units Owned by Minorities:
African-American:	N/A
Asian-American:	N/A
Hispanic:	N/A
Native American:	N/A
Other:	N/A
Specific Minority:	N/A

Terms of Contract

Term of Initial Contract:	5 Year(s)
Term of Renewal Period:	5 Year(s)
Passive Ownership:	Allowed, But Discouraged
Area Development Agreements?	Yes, for 1 Year(s)
Sub-Franchising Contracts?	Yes
Franchisees Allowed to Expand Within Territory?	Yes

Expansion Plans

Projected New Units Over Next 12 months:

U.S.:	Yes, Southeast
Canada:	No
Overseas:	No

Franchisor Background

Year Established:

Franchising Since:

Operating Units:

Geographic Distribution:

North America: