Start-Up Costs and Fees |
||
| Famous Toastery | The Yellow Balloon | |
| Investment | 600500 - 1024500 | 55000 - 103500 |
| Franchise Fee | 0 | |
| Royalty Fee | 5% | 4% |
| Advertising Fee | 1%-2% | |
| Year Founded | 2005 | 1983 |
| Year Franchised | 2013 | 2000 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Famous Toastery | The Yellow Balloon | |
| Experience | General business experience Marketing skills | |
Financing Options |
||
| Famous Toastery | The Yellow Balloon | |
| Franchise Fees | Yes | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Famous Toastery | The Yellow Balloon | |
| Training | On-The-Job Training: 744 hours Classroom Training: 32 hours | |
| 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, Purchasing cooperatives |
| Marketing | Ad Templates Regional Advertising Social media SEO Website development Email marketing Loyalty program/app | Co-op advertising, Ad slicks, National media, Regional advertising |
| Operations | Number of employees needed to run franchised unit: 6 Absentee ownership of franchise is allowed. | |
Expansion Plans |
||
| Famous Toastery | The Yellow Balloon | |
| 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 | |
| The Yellow Balloon | |
| Franchise Fee | |
| Famous Toastery | |
| The Yellow Balloon | |
| Royalty Fee | |
| Famous Toastery | 5% |
| The Yellow Balloon | 4% |
| Advertising Fee | |
| Famous Toastery | 1%-2% |
| The Yellow Balloon | |
| Year Founded | |
| Famous Toastery | 2005 |
| The Yellow Balloon | 1983 |
| Year Franchised | |
| Famous Toastery | 2013 |
| The Yellow Balloon | 2000 |
| Term Of Agreement | |
| Famous Toastery | 10 Years |
| The Yellow Balloon | 5 years |
| Renewal Fee | |
| Famous Toastery | |
| The Yellow Balloon | $2.5K |
Business Experience Requirements |
|
| Experience | |
| Famous Toastery | |
| The Yellow Balloon | General business experience Marketing skills |
Financing Options |
|
| Franchise Fees | |
| Famous Toastery | |
| The Yellow Balloon | |
| Start-up Costs | |
| Famous Toastery | |
| The Yellow Balloon | |
| Equipment | |
| Famous Toastery} | |
| The Yellow Balloon | |
| Inventory | |
| Famous Toastery | |
| The Yellow Balloon | |
| Receivables | |
| Famous Toastery | |
| The Yellow Balloon | |
| Payroll | |
| Famous Toastery | |
| The Yellow Balloon | |
Training & Support |
|
| Training | |
| Famous Toastery | On-The-Job Training: 744 hours Classroom Training: 32 hours |
| The Yellow Balloon | |
| Support | |
| Famous Toastery | Newsletter Meetings/Conventions Grand Opening Security/Safety Procedures Field Operations Site Selection |
| The Yellow Balloon | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Marketing | |
| Famous Toastery | Ad Templates Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| The Yellow Balloon | Co-op advertising, Ad slicks, National media, Regional advertising |
| Operations | |
| Famous Toastery | |
| The Yellow Balloon | Number of employees needed to run franchised unit: 6 Absentee ownership of franchise is allowed. |
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 |
| The Yellow Balloon | |
| Canada Expansion | |
| Famous Toastery | |
| The Yellow Balloon | |
| International Expansion | |
| Famous Toastery | |
| The Yellow Balloon | |