Business Description

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	100.0%
Geographic Distribution: U.S.: 7 100% In 2 States Canada: 0 0% In 0 Canadian Provinces International: 0 0% In 0 Foreign Countries   Total: 7 100.0%

North America:
States/Provinces with the largest number of operating units:

Density	Units
1. Florida	1
2. Tennessee	1
3. Georgia	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

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
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
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
Expansion Plans
Projected New Units Over Next 12 months: 2 U.S.: Yes, Southeast Canada: No Overseas: No	Request Franchisor Info   Submit an online form to receive information from Gent's Formal Wear.