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