Famous Toastery Franchise Opportunities
Famous Toastery offers breakfast, brunch, and lunch all day, every day. Best friends since they were eight years old, Brian Burchill and Robert Maynard opened their first Toastery in Huntersville, NC in 2005. By 2013, they turned their big idea into a thriving franchise system. Today, nearly 40 Famous Toasteries have popped up along the East Coast with more on the way.
How much does Famous Toastery franchise cost?
Famous Toastery has the franchise fee of up to $40,000, with total initial investment range of $600,500 to $1,024,500.
Initial Investment: $600,500 - $1,024,500
Net-worth Requirement: $500,000
Liquid Cash Requirement: $250,000
Ongoing Fees
Initial Franchise Fee: $40,000
Ongoing Royalty Fee: 5%
Ad Royalty Fee: 1 - 2%
Initial Investment and Startup Costs
| Type of expenditure | Cost |
|---|---|
| Insufficient Funds Fee | $100 |
| Initial Franchise Fee | $40,000 |
| Royalty Fee | 5.5% of Gross Sales |
| Relocation Fee | 30% of Famous Toastery’s initial franchise fee |
| Development Fee | up to 1% of Gross Sales |
| Renewal Fee | $3,000 |
| Local Marketing | 1% of Gross Sales |
| Opening Assistance Fee | $25,000 |
| Management Fee | 10% of Gross Sales, plus expense |
Support Options
On-The-Job Training: 744 hours
Classroom Training: 32 hours
Famous Toastery Franchise Info: https://famoustoastery.com/franchise
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Starting investments from:$600,500
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Company type:Restaurant
- Company foundation year:2005
- Year of launching the franchise:2013
- Franchise enterprises:23
- Corporate Address:P.O. Box 114 Davidson, NC 28036, USA