Start-Up Costs and Fees |
||
| Famous Toastery | Salon Professional Education Company (SPEC) | |
| Investment | 600500 - 1024500 | 145500 - 1111000 |
| Franchise Fee | ||
| Royalty Fee | 5% | |
| Advertising Fee | 1%-2% | |
| Year Founded | 2005 | 2004 |
| Year Franchised | 2013 | 2018 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Famous Toastery | Salon Professional Education Company (SPEC) | |
| Experience | ||
Financing Options |
||
| Famous Toastery | Salon Professional Education Company (SPEC) | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| Famous Toastery | Salon Professional Education Company (SPEC) | |
| Training | On-The-Job Training: 744 hours Classroom Training: 32 hours | |
| Support | 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 | ||
Expansion Plans |
||
| Famous Toastery | Salon Professional Education Company (SPEC) | |
| 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 | 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 | |
| Salon Professional Education Company (SPEC) | |
| Franchise Fee | |
| Famous Toastery | |
| Salon Professional Education Company (SPEC) | |
| Royalty Fee | |
| Famous Toastery | 5% |
| Salon Professional Education Company (SPEC) | |
| Advertising Fee | |
| Famous Toastery | 1%-2% |
| Salon Professional Education Company (SPEC) | |
| Year Founded | |
| Famous Toastery | 2005 |
| Salon Professional Education Company (SPEC) | 2004 |
| Year Franchised | |
| Famous Toastery | 2013 |
| Salon Professional Education Company (SPEC) | 2018 |
| Term Of Agreement | |
| Famous Toastery | 10 Years |
| Salon Professional Education Company (SPEC) | |
| Renewal Fee | |
| Famous Toastery | |
| Salon Professional Education Company (SPEC) | |
Business Experience Requirements |
|
| Experience | |
| Famous Toastery | |
| Salon Professional Education Company (SPEC) | |
Financing Options |
|
| Franchise Fees | |
| Famous Toastery | |
| Salon Professional Education Company (SPEC) | |
| Start-up Costs | |
| Famous Toastery | |
| Salon Professional Education Company (SPEC) | |
| Equipment | |
| Famous Toastery} | |
| Salon Professional Education Company (SPEC) | |
| Inventory | |
| Famous Toastery | |
| Salon Professional Education Company (SPEC) | |
| Receivables | |
| Famous Toastery | |
| Salon Professional Education Company (SPEC) | |
| Payroll | |
| Famous Toastery | |
| Salon Professional Education Company (SPEC) | |
Training & Support |
|
| Training | |
| Famous Toastery | On-The-Job Training: 744 hours Classroom Training: 32 hours |
| Salon Professional Education Company (SPEC) | |
| Support | |
| Famous Toastery | Newsletter Meetings/Conventions Grand Opening Security/Safety Procedures Field Operations Site Selection |
| Salon Professional Education Company (SPEC) | |
| Marketing | |
| Famous Toastery | Ad Templates Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Salon Professional Education Company (SPEC) | |
| Operations | |
| Famous Toastery | |
| Salon Professional Education Company (SPEC) | |
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 |
| Salon Professional Education Company (SPEC) | 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 | |
| Famous Toastery | |
| Salon Professional Education Company (SPEC) | |
| International Expansion | |
| Famous Toastery | |
| Salon Professional Education Company (SPEC) | |