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A New Concept for Women's Apparel >> Get Your Free Info About Style Encore << Style Encore Franchise BackgroundEstablished: 2013First Unit Franchised: 2013 Franchised Units: 52 Company Owned Units: 0 States Registered In: All Canada Franchises: Yes International Franchises: No Style Encore Franchise TrainingFinancial Assistance Provided: YesSite Selection Assistance: Yes Lease Negotiation Assistance: Yes Recruiting Assistance: NA Co-Operative Advertising: Yes Training: Winmark conducts its 2-part training program at Winmark’s training center in Minneapolis. The training program is typically offered 11 times per year. The first session of the training program, New Franchisee Orientation Training (NFOT), covers several aspects of management and operation of a franchised retail business, including real estate matters, business plan development, buying used and new products, Winmark’s service vendor program and other topics Winmark may select. The first session will take place over a period of 5 days. At NFOT, you will be required to participate in an online financial management course conducted by Winmark’s third party vendor. This course will educate you on how to understand your financial statements and utilize the information to build your business. The second session of the Style Encore® training program, Concept Training, is attended when financing, lease and the online financial training program are complete. It is conducted over a period of at least 5 days and will include instruction on sales, customer service, marketing, advertising, computer operation and store inventory, staff and financial management, as well as topics Winmark may select. Other Info: Ranked in Top New Franchise Category 2017 Top Quartile Average Gross Sales: $925,776 (2016)* Top Quartile Average Gross Profit: $529,955 (2016)* Power strip centers or suburban centers around regional shopping malls with co-tenants appealing to women Core Customers: Women starting in their late 20s and up Core Customers: Middle to upper-middle income households 3,000 – 4,000 square feet Ongoing Training & Support Unique Role in Marketplace Commitment to Franchisees Most franchisees have 2 or more locations. Many franchisees have 2 or more Winmark brands. |
