- 2022 Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$281K - $482K
- Units as of 2021
-
4 300.0% over 3 years
Company Overview
About Toastique
- Industry
- Food
- Related Categories
- Miscellaneous Quick-Service Restaurants, Fruit
- Founded
- 2018
- Parent Company
- Toastique LLC
- Leadership
- Brianna Keefe, CEO
Franchising Overview
- Franchising Since
- 2019 (3 years)
- # of employees at HQ
- 6
- Where seeking
-
This company is seeking new franchisees 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
- 4 (as of 2021)
Franchisor Information
- Social
- Corporate Address
-
764 Maine Ave. S.W.
Washington, DC 20024
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
- $45,000
- Initial Investment
- $280,750 - $482,200
- Net Worth Requirement
- $300,000
- Cash Requirement
- $150,000
- Royalty Fee
- 5.5%
- 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
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
- 80 hours
- Classroom Training
- 40 hours
- Ongoing Support
-
Purchasing Co-opsGrand OpeningLease NegotiationField OperationsSite Selection
- Marketing Support
-
Ad TemplatesRegional AdvertisingSocial MediaLoyalty 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
Interested in franchise ownership like Toastique? Request a free consultation with a Franchise Advisor now.
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