Weddings and Proms are big business.
Love and marriage are relatively resistant to recession. The wedding day is still the most important day in a woman’s life. The prom night is still the most important day of a young man’s life.
Today, tuxedos are still being bought and rented for weddings, proms, cruises, winter formals, fraternity formals, balls, sweet 16, fund raisers and other social events. Today’s tuxedo rents for well over $100 and can be rented as many as 100 times. Tuxedos also depreciate for tax purposes.
Fun and exciting, this is a great business for the individual or couple seeking to enter the business world.
- 400 E. Wright St
Pensacola, FL 32501
- Ph: 866-889-GENTS
- Fax: 850-439-2177
- Contact: Richard Crenshaw
- Inventory: 55K – 75K
- Franchise Fee: 20K
- Royalty Fee: 6%
- Total Investment 75K–95K
- Franchised Units: 6
- Company Owned:1
- Initial Training Program
- Store Set Up
- Site Selection Assistance
- Exclusive Territory
- Operations Manual
- Marketing/Advertising Guide
The Gent’s Formal Wear Formula: Gent’s is simply a highly attractive and affordable small business. Not some giant corporation, Gent’s is a small family of stores throughout the South. Most Gent’s stores are located in smaller shopping centers and average 1,200 sq. feet in size. All franchises come complete with training, inventory, store set up and are ready to open!
Training: Gent’s provides new franchisees with a two week training program at our home office in Pensacola, Fl. You will be taught operating procedures including customer service, alterations, marketing, management, bookkeeping and all the skills you will need to open your store with confidence.
Locations & Construction: Gent’s will help you find the right location for your store and assist with lease negotiations. We will provide you with store floor plans and assist you throughout the construction phase.
Operations: Gent’s Formal Wear has spent over 20 years developing our “Operations Manual” keeping the program simple and easy to operate. This manual will assist you in your daily operations and provide you with all of the forms needed to run your business. (Business Cards, Order Forms, Wedding Packets, Weekly Reports, etc.)
Marketing: To keep the customers coming in to the store, a variety of sales promotions and advertising programs will be provided to you. These are proven methods that will bring in weddings and prom tuxedo orders all year long.
Inventory: Because Gent’s has already negotiated buying agreements with all formal wear manufactures, you will be able to purchase “brand name” tuxedos and accessories at some of the best prices in the industry. Gent’s is a member of the IFA and we all attend the annual convention in Las Vegas every year to shop the latest trends in formal wear.
Support: The Gent’s Formal Wear franchise director, Richard Crenshaw, is a Gent’s store owner himself and is always available to answer your questions and provide help. You will also have the support of the other Gent’s stores. One of the best reasons to become a Gent’s franchise is because we take care of each other like family.