Cora's vs Famous Toastery Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Cora's vs Famous Toastery including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
  Cora's Famous Toastery
Investment 550000 - 900000 600500 - 1024500
Franchise Fee
Royalty Fee 5% of net 5%
Advertising Fee 2% National Fund; 1% Local Fund 1%-2%
Year Founded 1987 2005
Year Franchised 1994 2013
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements
  Cora's Famous Toastery
Experience

Financing Options
  Cora's Famous Toastery
 
Franchise Fees
Start-up Costs
Equipment
Inventory
Receivables
Payroll

Training & Support
  Cora's Famous Toastery
Training We provide franchisees with 5 weeks of theoretical and practical training. On-The-Job Training: 744 hours Classroom Training: 32 hours
Support We support the restaurant with a team of trainers who are on site to help you and your staff. Our dedicated and experienced Operations team works with the franchisee to ensure respect of the Cora processes and high standards. Manuals covering all of the operating, marketing and management processes will be made available for your reference. You will benefit from a customized computer system helping you operate your business, keep track of key metrics, inventory, schedules, etc. We use a proprietary extranet information system which allows, through the Internet, automatic transfer and management of data. This system also offers online multimedia training. Using a touch screen, employees have access to online training related to their position in the restaurant. Newsletter Meetings/Conventions Grand Opening Security/Safety Procedures Field Operations Site Selection
Marketing Ad Templates Regional Advertising Social media SEO Website development Email marketing Loyalty program/app
Operations We require franchisees to be owner/operators. You can consider an operating partner; however, you and/or the operating partner must participate in all stages of the franchisee approval process. Your operating partner is required to hold a minimum of 25% of shares within the operating company.

Expansion Plans
  Cora's Famous Toastery
US Expansion Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming
Canada Expansion 0
International Expansion

Start-Up Costs and Fees Mobile
Investment
Cora's
Famous Toastery
Franchise Fee
Cora's
Famous Toastery
Royalty Fee
Cora's 5% of net
Famous Toastery 5%
Advertising Fee
Cora's 2% National Fund; 1% Local Fund
Famous Toastery 1%-2%
Year Founded
Cora's 1987
Famous Toastery 2005
Year Franchised
Cora's 1994
Famous Toastery 2013
Term Of Agreement
Cora's
Famous Toastery 10 Years
Renewal Fee
Cora's
Famous Toastery


Business Experience Requirements
Experience
Cora's
Famous Toastery

Financing Options
 
Franchise Fees
Cora's
Famous Toastery
Start-up Costs
Cora's
Famous Toastery
Equipment
Cora's}
Famous Toastery
Inventory
Cora's
Famous Toastery
Receivables
Cora's
Famous Toastery
Payroll
Cora's
Famous Toastery

Training & Support
Training
Cora's We provide franchisees with 5 weeks of theoretical and practical training.
Famous Toastery On-The-Job Training: 744 hours Classroom Training: 32 hours
Support
Cora's We support the restaurant with a team of trainers who are on site to help you and your staff. Our dedicated and experienced Operations team works with the franchisee to ensure respect of the Cora processes and high standards. Manuals covering all of the operating, marketing and management processes will be made available for your reference. You will benefit from a customized computer system helping you operate your business, keep track of key metrics, inventory, schedules, etc. We use a proprietary extranet information system which allows, through the Internet, automatic transfer and management of data. This system also offers online multimedia training. Using a touch screen, employees have access to online training related to their position in the restaurant.
Famous Toastery Newsletter Meetings/Conventions Grand Opening Security/Safety Procedures Field Operations Site Selection
Marketing
Cora's
Famous Toastery Ad Templates Regional Advertising Social media SEO Website development Email marketing Loyalty program/app
Operations
Cora's We require franchisees to be owner/operators. You can consider an operating partner; however, you and/or the operating partner must participate in all stages of the franchisee approval process. Your operating partner is required to hold a minimum of 25% of shares within the operating company.
Famous Toastery

Expansion Plans
US Expansion
Cora's
Famous Toastery Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming
Canada Expansion
Cora's 0
Famous Toastery
International Expansion
Cora's
Famous Toastery