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Below is an in-depth analysis and side-by-side comparison of Raze vs Famous Toastery including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $259,050 - $350,100 | $600,500 - $1,024,500 |
Franchise Fee | $35,000 | $40,000 |
Royalty Fee | - | 5% |
Advertising Fee | - | 1%-2% |
Year Founded | 2008 | 2005 |
Year Franchised | 2008 | 2013 |
Term Of Agreement | - | 10 Years |
Term Of Agreement | - | 10 Years |
Renewal Fee | - | 0 |
Business Experience Requirements |
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Experience | - | - |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/- | -/Yes |
Start-up Costs | -/- | -/Yes |
Equipment | -/- | -/Yes |
Inventory | -/- | -/Yes |
Receivables | -/- | -/Yes |
Payroll | -/- | -/Yes |
Training & Support |
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Training | - | On-The-Job Training: 744 hours Classroom Training: 32 hours |
Support | - | Newsletter Meetings/Conventions Grand Opening Security/Safety Procedures Field Operations Site Selection |
Marketing | - | Ad Templates Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
Operations | - | - |
Expansion Plans |
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US Expansion | Yes | Yes |
Canada Expansion | Yes | - |
International Expansion | - | - |
Raze is the epitome of masculine style and an invitation to enjoy the kind of male camaraderie reminiscent of the traditional barber shop. Starting a business in the popular men's haircut industry is easier when you have the support of a franchise like Raze. Raze wraps a sensational haircut and a sophisticated atmosphere into one amazing experience. Complete with plush leather chairs, a beverage bar, flat screen TVs, expert service and amazing products, Raze supplies men with style that is enviable and affordable.