Salon Professional Education Company (SPEC) vs Famous Toastery Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Salon Professional Education Company (SPEC) vs Famous Toastery including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

  Salon Professional Education Company (SPEC) Famous Toastery
Investment 145500 - 1111000 600500 - 1024500
Franchise Fee
Royalty Fee 5%
Advertising Fee 1%-2%
Year Founded 2004 2005
Year Franchised 2018 2013
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements

  Salon Professional Education Company (SPEC) Famous Toastery
Experience

Financing Options

  Salon Professional Education Company (SPEC) Famous Toastery
 
Franchise Fees
Start-up Costs
Equipment
Inventory
Receivables
Payroll

Training & Support

  Salon Professional Education Company (SPEC) Famous Toastery
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

  Salon Professional Education Company (SPEC) Famous Toastery
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
Salon Professional Education Company (SPEC)
Famous Toastery
Franchise Fee
Salon Professional Education Company (SPEC)
Famous Toastery
Royalty Fee
Salon Professional Education Company (SPEC)
Famous Toastery 5%
Advertising Fee
Salon Professional Education Company (SPEC)
Famous Toastery 1%-2%
Year Founded
Salon Professional Education Company (SPEC) 2004
Famous Toastery 2005
Year Franchised
Salon Professional Education Company (SPEC) 2018
Famous Toastery 2013
Term Of Agreement
Salon Professional Education Company (SPEC)
Famous Toastery 10 Years
Renewal Fee
Salon Professional Education Company (SPEC)
Famous Toastery


Business Experience Requirements

Experience
Salon Professional Education Company (SPEC)
Famous Toastery

Financing Options

 
Franchise Fees
Salon Professional Education Company (SPEC)
Famous Toastery
Start-up Costs
Salon Professional Education Company (SPEC)
Famous Toastery
Equipment
Salon Professional Education Company (SPEC)}
Famous Toastery
Inventory
Salon Professional Education Company (SPEC)
Famous Toastery
Receivables
Salon Professional Education Company (SPEC)
Famous Toastery
Payroll
Salon Professional Education Company (SPEC)
Famous Toastery

Training & Support

Training
Salon Professional Education Company (SPEC)
Famous Toastery On-The-Job Training: 744 hours Classroom Training: 32 hours
Support
Salon Professional Education Company (SPEC)
Famous Toastery Newsletter Meetings/Conventions Grand Opening Security/Safety Procedures Field Operations Site Selection
Marketing
Salon Professional Education Company (SPEC)
Famous Toastery Ad Templates Regional Advertising Social media SEO Website development Email marketing Loyalty program/app
Operations
Salon Professional Education Company (SPEC)
Famous Toastery

Expansion Plans

US Expansion
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
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
Salon Professional Education Company (SPEC)
Famous Toastery
International Expansion
Salon Professional Education Company (SPEC)
Famous Toastery