
Famous Toastery
Breakfast, brunch, and lunch restaurants- Units as of 2020
-
26 Yearly data not available0.0%
- 2021 Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$606K - $1M
Company Overview
About Famous Toastery
- Industry
- Food
- Related Categories
- Breakfast/Brunch Restaurants, Miscellaneous Full-Service Restaurants
- 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
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
-
NewsletterMeetings & ConventionsGrand OpeningSecurity & Safety ProceduresLease NegotiationField OperationsSite Selection
- Marketing Support
-
Ad TemplatesRegional AdvertisingSocial MediaSEOWebsite DevelopmentEmail MarketingLoyalty 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.
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