Start-Up Costs and Fees |
||
| Famous Toastery | Golden Griddle | |
| Investment | 600500 - 1024500 | 100000 - 450000 |
| Franchise Fee | 0 | |
| Royalty Fee | 5% | 5% |
| Advertising Fee | 1%-2% | |
| Year Founded | 2005 | 1964 |
| Year Franchised | 2013 | 1977 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Famous Toastery | Golden Griddle | |
| Experience | General business experience | |
Financing Options |
||
| Famous Toastery | Golden Griddle | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Famous Toastery | Golden Griddle | |
| Training | On-The-Job Training: 744 hours Classroom Training: 32 hours | |
| Support | Newsletter Meetings/Conventions Grand Opening Security/Safety Procedures Field Operations Site Selection | Internet, Security/safety procedures, Field operations/evaluations |
| Marketing | Ad Templates Regional Advertising Social media SEO Website development Email marketing Loyalty program/app | Co-op advertising, Ad slicks, Regional advertising |
| Operations | Franchisees required to buy multiple units/master licenses; 10% of all franchisees own more than one unit Number of employees needed to run franchised unit: 20 - 30 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | |
Expansion Plans |
||
| Famous Toastery | Golden Griddle | |
| 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 | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Famous Toastery | |
| Golden Griddle | |
| Franchise Fee | |
| Famous Toastery | |
| Golden Griddle | |
| Royalty Fee | |
| Famous Toastery | 5% |
| Golden Griddle | 5% |
| Advertising Fee | |
| Famous Toastery | 1%-2% |
| Golden Griddle | |
| Year Founded | |
| Famous Toastery | 2005 |
| Golden Griddle | 1964 |
| Year Franchised | |
| Famous Toastery | 2013 |
| Golden Griddle | 1977 |
| Term Of Agreement | |
| Famous Toastery | 10 Years |
| Golden Griddle | 10 years |
| Renewal Fee | |
| Famous Toastery | |
| Golden Griddle | |
Business Experience Requirements |
|
| Experience | |
| Famous Toastery | |
| Golden Griddle | General business experience |
Financing Options |
|
| Franchise Fees | |
| Famous Toastery | |
| Golden Griddle | |
| Start-up Costs | |
| Famous Toastery | |
| Golden Griddle | |
| Equipment | |
| Famous Toastery} | |
| Golden Griddle | |
| Inventory | |
| Famous Toastery | |
| Golden Griddle | |
| Receivables | |
| Famous Toastery | |
| Golden Griddle | |
| Payroll | |
| Famous Toastery | |
| Golden Griddle | |
Training & Support |
|
| Training | |
| Famous Toastery | On-The-Job Training: 744 hours Classroom Training: 32 hours |
| Golden Griddle | |
| Support | |
| Famous Toastery | Newsletter Meetings/Conventions Grand Opening Security/Safety Procedures Field Operations Site Selection |
| Golden Griddle | Internet, Security/safety procedures, Field operations/evaluations |
| Marketing | |
| Famous Toastery | Ad Templates Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Golden Griddle | Co-op advertising, Ad slicks, Regional advertising |
| Operations | |
| Famous Toastery | |
| Golden Griddle | Franchisees required to buy multiple units/master licenses; 10% of all franchisees own more than one unit Number of employees needed to run franchised unit: 20 - 30 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
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 |
| Golden Griddle | |
| Canada Expansion | |
| Famous Toastery | |
| Golden Griddle | |
| International Expansion | |
| Famous Toastery | |
| Golden Griddle | |