- Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$374K - $684K
- Units as of 2024
-
29 625.0% over 3 years
Company Overview
About Toastique
Industry | Food |
---|---|
Related Categories | Miscellaneous Quick-Service Restaurants, Fruit, Breakfast/Brunch Restaurants |
Founded | 2018 |
Parent Company | Toastique Holdings LLC |
Leadership | Brianna Keefe, CEO |
Corporate Address |
764 Maine Ave. S.W. Washington, DC 20024 |
Social | Facebook, LinkedIn, Instagram |
Business Overview
Franchising Since | 2019 (5 years) |
---|---|
# of employees at HQ | 15 |
Where seeking |
This company is offering new franchises in the following US states: Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, District of Columbia, Delaware, Florida, Georgia, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, North Carolina, North Dakota, Nebraska, New Hampshire, New Jersey, New Mexico, Nevada, New York, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West Virginia, Wyoming |
# of Units | 29 (as of 2024) |
|
Information for Franchisees
Here's what you need to know if you're interested in opening a Toastique franchise.
Financial Requirements & Ongoing Fees
Here's what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
Initial Franchise Fee
|
$55,000 |
---|---|
Initial Investment
|
$373,775 - $684,200 |
Net Worth Requirement
|
$500,000 |
Cash Requirement
|
$200,000 |
Royalty Fee
|
6% |
Ad Royalty Fee
|
2% |
Term of Agreement
|
10 years |
Is franchise term renewable? | Yes |
Financing Options
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
Third Party Financing | Toastique has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll |
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Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
On-The-Job Training | 174 hours |
---|---|
Classroom Training | 18 hours |
Ongoing Support |
Purchasing Co-ops
Newsletter
Meetings & Conventions
Grand Opening
Online Support
Security & Safety Procedures
Lease Negotiation
Field Operations
Site Selection
Franchisee Intranet Platform
|
Marketing Support |
Co-op Advertising
Ad Templates
National Media
Regional Advertising
Social Media
SEO
Email Marketing
Loyalty Program/App
|
Operations
Additional details about running this franchise.
Is absentee ownership allowed? | No |
---|---|
Can this franchise be run from home/mobile unit?
|
No |
Can this franchise be run part time?
|
No |
Are exclusive territories available?
|
No |
Additional Rankings
Curious to know where Toastique ranked on other franchise lists? Find out below.
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