Educational Outfitters

Educational Outfitters

Not Ranked

Initial Investment

LOW: $93,200
HIGH: $201,950

Change in Units

Promoted Opportunities

Company Profile

Founded

1998

Franchising Since

2001 (15 Years)

Corporate Address

6925 Shallowford Rd., #210 Chattanooga, TN 37421

CEO

Michael Gallagher

About Educational Outfitters

Chattanooga, Tennessee-based Educational Outfitters was founded by Jamey and Brian Elrod in 1998 to make school uniform shopping more convenient for parents. The company sells tops, bottoms, jackets and accessories for public and private elementary, junior high and high school students.

Financials

Financial Requirements

Initial Investment

$93,200 - $201,950

Net-worth Requirement

$400,000

Liquid Cash Requirement

$150,000

Ongoing Fees

Initial Franchise Fee

$29,500

Ongoing Royalty Fee

5%

Franchise 500® Rank History

Highest Rank: 336

Lowest Rank: 430

Units (Locations)

Where Seeking Franchisees:
Franchisor is seeking new units internationally.

Operations & Franchisor Support

Training Onsite: 1 week

Training at headquarters: 1 week

Ongoing Support
Purchasing Co-ops
Newsletter
Meetings
Toll-Free Line
Grand Opening
Internet
Security
Field Operations

Marketing Support
Co-op Advertising
Ad Slicks
Regional Media
National Media

Absentee Ownership Allowed

Number of employees required to run: 2

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Disclaimer

The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise.

Updated: July 31st, 2014

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