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Gent's Formal Wear
Franchise

Gent's Formal Wear Franchise

Gent’s Formal Wear is the best source for the latest styles and colors in men’s formal attire and suits. Whether it’s a hot new style for prom, traditional tuxedos for a wedding or tan suits for a beach wedding, Gent’s carries it all. Gent’s goal is provide customers with quality, selection and the ultimate in customer service and fit. Every Gent’s location carries in-stock inventory for those last-minute changes and fittings. Gent’s Formal Wear does it right, big enough to serve, small enough to care.

Facts & Figures

Liquid capital required
$75,000
Net worth required
$100,000
Investment
$50,000 - $75,000
Franchise fee
$15,000
Units in operation
7

Overview

Gent’s Formal Wear is a highly attractive and affordable small business opportunity. Gent’s is a small family of stores throughout the American South. Most Gent’s stores are located in smaller shopping centers, and require an average 1,200 square feet in size. Gent’s provides new franchisees with a two- week training program at the corporate offices in Pensacola, Florida, where they learn operating procedures, including customer service, alterations, marketing, management, bookkeeping and all necessary skills needed to open a store with confidence.

Gent’s Formal Wear Franchise Opportunities – History

Gent’s Formal Wear was founded in 1981 and began franchising in 1991. Gent’s, headquartered in Pensacola, Florida, has two locations in that city, as well as franchise locations operating in Slidell, Louisiana; Savannah and Loganville, Georgia; and Arlington and Clarksville, Tennessee.

Gent’s Formal Wear Franchise Cost / Initial Investment / Gent’s Formal

Wear Franchise Income

The franchise fee for Gent’s Formal Wear is $15,000. The total investment to open and operate a Gent’s Formal Wear franchise ranges from $50,000 to $75,000, with minimum net worth of $100,000. An ongoing royalty fee of 6% on gross sales if paid to the company.

Gent’s Formal Wear Business Opportunities: Other Information

Gent’s Formal Wear carries all the latest brands of tuxedos and accessories, including Perry Ellis, Chaps, Ralph Lauren, Jean Yves and FUBU.

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