Klein Epstein & Parker specializes in made-to-measure fashion, offering bespoke suits, tuxedos, and other attire. The franchise provides a personalized shopping experience with custom tailoring and high-quality fabrics.
Key Insights
- Klein Epstein & Parker has a legacy rooted in a commitment to exceptional tailoring and personalized customer experiences. This business began with a dedication to craftsmanship and has evolved to offer a unique retail environment focused on custom apparel.
- The franchise operates by providing a curated selection of high-quality fabrics and expert guidance to help clients create bespoke suits, shirts, and accessories. This model emphasizes individual style and fit through an in-store consultation process.
- Klein Epstein & Parker participates in the apparel industry, a sector characterized by a growing demand for personalized and custom-made clothing. Consumers are increasingly seeking unique garments that reflect their individual preferences and fit.
Franchise Fee and Costs to Open
Exploring the financial picture of Klein Epstein & Parker gives insight into both the upfront commitment and the potential revenue opportunity. According to FDD Item 7, opening this franchise typically involves an investment in the range of $155,600 - $360,500, along with a franchise fee of $49,000 - $49,000.
Financial Performance and Revenue
Training and Resources
Klein Epstein & Parker provides comprehensive initial training for new franchisees. This immersive program, lasting two weeks, takes place at our headquarters. The franchisor offers extensive resources, including operational manuals and marketing materials. Klein Epstein & Parker recommends utilizing these tools for a strong launch.
Legal Considerations
Legal considerations for a Klein Epstein & Parker franchisee are defined by the Franchise Disclosure Document (FDD) and the Franchise Agreement. This franchise does not disclose lawsuits or bankruptcy information in its FDD, but prospective franchisees should still review all terms thoroughly. Consultation with a qualified attorney is essential before making commitments.
Challenges and Risks
Operating a Klein Epstein & Parker franchise involves considerations regarding local market nuances, from tailoring offerings to consumer preferences to navigating existing tailor shops or bespoke clothiers. The operational complexity of managing custom fittings, production timelines, and quality control for each garment presents a significant aspect. Furthermore, reliance on the franchisor's established supply chain for materials and manufacturing requires careful coordination to ensure timely fulfillment and consistent product standards.
Franchise Datasheet
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