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