Start-Up Costs and Fees |
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| Famous Toastery | Lord's & Lady's Hair Salons | |
| Investment | 600500 - 1024500 | 50000 - 175000 |
| Franchise Fee | ||
| Royalty Fee | 5% | 6% |
| Advertising Fee | 1%-2% | |
| Year Founded | 2005 | 1975 |
| Year Franchised | 2013 | 1980 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Famous Toastery | Lord's & Lady's Hair Salons | |
| Experience | ||
Financing Options |
||
| Famous Toastery | Lord's & Lady's Hair Salons | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| Famous Toastery | Lord's & Lady's Hair Salons | |
| Training | On-The-Job Training: 744 hours Classroom Training: 32 hours | Boston, MA 2-5 Days |
| Support | Newsletter Meetings/Conventions Grand Opening Security/Safety Procedures Field Operations Site Selection | Central Data Processing Central Purchasing Field Operation Evaluation Field Training Initial Store Opening Inventory Control Regional or National Meetings 800 Telephone Hotline |
| Marketing | Ad Templates Regional Advertising Social media SEO Website development Email marketing Loyalty program/app | |
| Operations | Average Number of Employees: 6 Full-time, 8 Part-time Passive Ownership: Allowed, But Discouraged | |
Expansion Plans |
||
| Famous Toastery | Lord's & Lady's Hair Salons | |
| 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 | Connecticut, District of Columbia, Maine, Maryland, Massachusetts, New Hampshire, New Jersey, New York, Pennsylvania, Rhode Island, Vermont |
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Famous Toastery | |
| Lord's & Lady's Hair Salons | |
| Franchise Fee | |
| Famous Toastery | |
| Lord's & Lady's Hair Salons | |
| Royalty Fee | |
| Famous Toastery | 5% |
| Lord's & Lady's Hair Salons | 6% |
| Advertising Fee | |
| Famous Toastery | 1%-2% |
| Lord's & Lady's Hair Salons | |
| Year Founded | |
| Famous Toastery | 2005 |
| Lord's & Lady's Hair Salons | 1975 |
| Year Franchised | |
| Famous Toastery | 2013 |
| Lord's & Lady's Hair Salons | 1980 |
| Term Of Agreement | |
| Famous Toastery | 10 Years |
| Lord's & Lady's Hair Salons | 10 years +10 |
| Renewal Fee | |
| Famous Toastery | |
| Lord's & Lady's Hair Salons | |
Business Experience Requirements |
|
| Experience | |
| Famous Toastery | |
| Lord's & Lady's Hair Salons | |
Financing Options |
|
| Franchise Fees | |
| Famous Toastery | |
| Lord's & Lady's Hair Salons | |
| Start-up Costs | |
| Famous Toastery | |
| Lord's & Lady's Hair Salons | |
| Equipment | |
| Famous Toastery} | |
| Lord's & Lady's Hair Salons | |
| Inventory | |
| Famous Toastery | |
| Lord's & Lady's Hair Salons | |
| Receivables | |
| Famous Toastery | |
| Lord's & Lady's Hair Salons | |
| Payroll | |
| Famous Toastery | |
| Lord's & Lady's Hair Salons | |
Training & Support |
|
| Training | |
| Famous Toastery | On-The-Job Training: 744 hours Classroom Training: 32 hours |
| Lord's & Lady's Hair Salons | Boston, MA 2-5 Days |
| Support | |
| Famous Toastery | Newsletter Meetings/Conventions Grand Opening Security/Safety Procedures Field Operations Site Selection |
| Lord's & Lady's Hair Salons | Central Data Processing Central Purchasing Field Operation Evaluation Field Training Initial Store Opening Inventory Control Regional or National Meetings 800 Telephone Hotline |
| Marketing | |
| Famous Toastery | Ad Templates Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Lord's & Lady's Hair Salons | |
| Operations | |
| Famous Toastery | |
| Lord's & Lady's Hair Salons | Average Number of Employees: 6 Full-time, 8 Part-time Passive Ownership: Allowed, But Discouraged |
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 |
| Lord's & Lady's Hair Salons | Connecticut, District of Columbia, Maine, Maryland, Massachusetts, New Hampshire, New Jersey, New York, Pennsylvania, Rhode Island, Vermont |
| Canada Expansion | |
| Famous Toastery | |
| Lord's & Lady's Hair Salons | |
| International Expansion | |
| Famous Toastery | |
| Lord's & Lady's Hair Salons | |