Famous Toastery vs Cora's Franchise Comparison

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

Start-Up Costs and Fees

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


Business Experience Requirements

  Famous Toastery Cora's
Experience

Financing Options

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

Training & Support

  Famous Toastery Cora's
Training On-The-Job Training: 744 hours Classroom Training: 32 hours We provide franchisees with 5 weeks of theoretical and practical training.
Support Newsletter Meetings/Conventions Grand Opening Security/Safety Procedures Field Operations Site Selection 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.
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

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


Business Experience Requirements

Experience
Famous Toastery
Cora's

Financing Options

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

Training & Support

Training
Famous Toastery On-The-Job Training: 744 hours Classroom Training: 32 hours
Cora's We provide franchisees with 5 weeks of theoretical and practical training.
Support
Famous Toastery Newsletter Meetings/Conventions Grand Opening Security/Safety Procedures Field Operations Site Selection
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.
Marketing
Famous Toastery Ad Templates Regional Advertising Social media SEO Website development Email marketing Loyalty program/app
Cora's
Operations
Famous Toastery
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.

Expansion Plans

US Expansion
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
Cora's
Canada Expansion
Famous Toastery
Cora's 0
International Expansion
Famous Toastery
Cora's