Find out what franchise is right for you
Units as of 2020
26 Yearly data not available
0.0%
2021 Franchise 500 Rank
N/R Not ranked last year
Initial investment
$606K - $1M

Company Overview

About Famous Toastery

Industry
Food
Founded
2005
Leadership
Robert Maynard, CEO

Franchising Overview

Franchising Since
2013 (8 years)
# of employees at HQ
15
Where seeking

This company is seeking new franchisees throughout the US.

# of Units
26 (as of 2020)

Franchisor Information

Corporate Address
P.O. Box 114
Davidson, NC 28036

Information for Franchisees

Here’s what you need to know if you’re interested in opening a Famous Toastery 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
$45,000
Initial Investment
$605,500 - $1,029,500
Net Worth Requirement
$500,000
Cash Requirement
$250,000 - $400,000
Veteran Incentives
20% off franchise fee
Royalty Fee
5%
Ad Royalty Fee
to 1.5%
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
Famous Toastery has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll

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
744 hours
Classroom Training
32 hours
Ongoing Support
Newsletter
Meetings & Conventions
Grand Opening
Security & Safety Procedures
Lease Negotiation
Field Operations
Site Selection
Marketing Support
Ad Templates
Regional Advertising
Social Media
SEO
Website Development
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?
Yes

Franchise 500 Ranking History

Compare where Famous Toastery landed on this year’s Franchise 500 Ranking versus previous years.

Want to stay updated on the latest franchise news?

Never miss a beat when you sign up to receive our newsletter.

We care about the protection of your data. Read our Privacy Policy

Related Franchises

Are you eager to see what else is out there? Browse more franchises that are similar to Famous Toastery.

Lendio Franchising

Lendio Franchising

Title
Small-business financing
Role
Ranked #392
Stride

Stride

Title
Indoor running studios
Denny's Inc.

Denny's Inc.

Title
Family restaurants
Role
Ranked #83

Related Franchise Content

Catch up on the latest franchise news, trends, and more.

Entrepreneur Franchise of the Day: My Business Venture

My Business Venture helps small businesses improve efficiency and exposure to become more profitable.

Entrepreneur Franchise of the Day: Griswold Home Care

Griswold Home Care was founded in 1982 to help people remain independent in their homes.

Entrepreneur Franchise of the Day: X-Golf

This exciting new indoor golf center and bar concept offers a fun experience for both the die-hard golfer and everyday amateur.

The Top 5 Franchises of 2021 From the Entrepreneur Franchise 500

These five franchises managed to survive the challenges of the pandemic with ingenuity and powerful brand trust.

Matthew McCreary

· 6 min read

Taco Bell CEO Mark King on Tapping Into the Human Element of Operations

A conversation with the man who oversees the Franchise 500-topping fast-food chain.

Scott Greenberg

· 4 min read

Free Webinar | March 22: How To Grow Your Business Through Franchising

So you're ready to expand your business, but where and how do you get started? Franchising is one of the fastest ways to grow, but it's not for everyone.

Entrepreneur Insider

· 3 min read
Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise by Entrepreneur Media. Our franchise listings and rankings are solely research tools you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise. That should include reviewing the franchisor's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees.
Updated: February 8th, 2021
For reprints and licensing questions, click here.