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Saturday
Jun052010

Whimsy Franchise

Clothing

Whimsy Clothing has 4 Locations and specializes in FUN, AFFORDABLE shopping. We have great skirts, dresses, jewelry, shoes, jeans and basics to offer a complete shopping experience. We have trendy and contemporary clothing to fit both the working woman as well as the stay at home mom or the student on a budget. We understand that all women what to look good and feel good. Having a store that focuses on keeping prices down and looks stylish and current is important to Whimsy. We know that women want to feel good in what they buy as well as feeling good about the cost. Whimsy supports and carries many local artists and designers and it continually finding new vendors to keep our inventory fresh and new. Come see what everyone is talking about!!

Start-up Costs & Franchises Fees

What is the total cost to open a Whimsy Franchises?

Total Cost: $166,000 USD -$253,500
Total Franchise Fees: $25,000 USD
Ongoing Royalty Fees: 6%
Ongoing Advertising Fees: 1% Nat'l 2%local
Term of Agreement: 10 years
Franchise Agreement Renewal Fee: 20% of current franchise fee

Contact Information for Whimsy

Whimsy
2700 South 2000 East
Salt Lake City, UT
84109

Phone Number: 801-541-4813

Franchise Homepage:

Whimsy In the Press

No results at this time.

Historical Expansion

In what year did Whimsy begin operations? 2003
When did Whimsy begin selling franchises? 2008

Year United States Canada International Corporate
2009 1 0 0 4

Future Expansion

United States: Nationwide

Training & Support

Training
We provide you an initial training program that covers material aspects of the operation of the franchised business. The topics covered are listed in the chart below. This training is offered on an as needed basis at our headquarters in Salt Lake City, Utah, or another location we designate. You must designate a manger for the franchised business and he or she must satisfactorily complete the initial training approximately 8 weeks before the opening of the franchised business. One assistant of your choosing may also attend at your option.

Franchise Analyzer Professional's Inside Information

Can you buy this franchise for no money down? Yes
What key terms in the franchise agreement can be negotiated? Cross-default provisions, arbitration clause, personal guarantee, default cure periods, non-compete agreement, favorable valuations for corporate buyout
Can you negotiate lower royalties during start-up? Yes
Can you purchase multiple franchises for a discounted franchise fee? Yes
Can you receive lower advertising fees? Yes
Will I know when the franchise break even? Yes
Will my personal assets including my home be safe in case my franchise business fails? Yes
Please note: You must download a free copy of Franchise Analyzer Professional to receive these benefits and so much more. Click here to download your FREE copy now.