Start-Up Costs and Fees |
||
| Famous Toastery | Supercuts | |
| Investment | 600500 - 1024500 | 151370 - 321020 |
| Franchise Fee | 0 | |
| Royalty Fee | 5% | 6% |
| Advertising Fee | 1%-2% | 5% |
| Year Founded | 2005 | 1975 |
| Year Franchised | 2013 | 1979 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Famous Toastery | Supercuts | |
| Experience | General business experience Marketing skills Retail/service industry experience useful | |
Financing Options |
||
| Famous Toastery | Supercuts | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Famous Toastery | Supercuts | |
| Training | On-The-Job Training: 744 hours Classroom Training: 32 hours | Training center utilized |
| Support | Newsletter Meetings/Conventions Grand Opening Security/Safety Procedures Field Operations Site Selection | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations |
| Marketing | Ad Templates Regional Advertising Social media SEO Website development Email marketing Loyalty program/app | Ad slicks, National media |
| Operations | Franchisees required to buy multiple units/master licenses; 82% of all franchisees own more than one unit Number of employees needed to run franchised unit: 6 - 8 Absentee ownership of franchise is allowed. (20% of current franchisees are owner/operators) | |
Expansion Plans |
||
| Famous Toastery | Supercuts | |
| 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 | Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North Carolina, North Dakota, New Hampshire, New Jersey, New Mexico, Nevada, New York, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West Virginia, Wyoming, |
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Famous Toastery | |
| Supercuts | |
| Franchise Fee | |
| Famous Toastery | |
| Supercuts | |
| Royalty Fee | |
| Famous Toastery | 5% |
| Supercuts | 6% |
| Advertising Fee | |
| Famous Toastery | 1%-2% |
| Supercuts | 5% |
| Year Founded | |
| Famous Toastery | 2005 |
| Supercuts | 1975 |
| Year Franchised | |
| Famous Toastery | 2013 |
| Supercuts | 1979 |
| Term Of Agreement | |
| Famous Toastery | 10 Years |
| Supercuts | Conditional |
| Renewal Fee | |
| Famous Toastery | |
| Supercuts | Remodeling costs |
Business Experience Requirements |
|
| Experience | |
| Famous Toastery | |
| Supercuts | General business experience Marketing skills Retail/service industry experience useful |
Financing Options |
|
| Franchise Fees | |
| Famous Toastery | |
| Supercuts | |
| Start-up Costs | |
| Famous Toastery | |
| Supercuts | |
| Equipment | |
| Famous Toastery} | |
| Supercuts | |
| Inventory | |
| Famous Toastery | |
| Supercuts | |
| Receivables | |
| Famous Toastery | |
| Supercuts | |
| Payroll | |
| Famous Toastery | |
| Supercuts | |
Training & Support |
|
| Training | |
| Famous Toastery | On-The-Job Training: 744 hours Classroom Training: 32 hours |
| Supercuts | Training center utilized |
| Support | |
| Famous Toastery | Newsletter Meetings/Conventions Grand Opening Security/Safety Procedures Field Operations Site Selection |
| Supercuts | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations |
| Marketing | |
| Famous Toastery | Ad Templates Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Supercuts | Ad slicks, National media |
| Operations | |
| Famous Toastery | |
| Supercuts | Franchisees required to buy multiple units/master licenses; 82% of all franchisees own more than one unit Number of employees needed to run franchised unit: 6 - 8 Absentee ownership of franchise is allowed. (20% 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 |
| Supercuts | Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North Carolina, North Dakota, New Hampshire, New Jersey, New Mexico, Nevada, New York, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West Virginia, Wyoming, |
| Canada Expansion | |
| Famous Toastery | |
| Supercuts | |
| International Expansion | |
| Famous Toastery | |
| Supercuts | |