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Updated RecentlySharkey's Hair It Is vs Famous Toastery Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Sharkey's Hair It Is 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 | $106,170 - $138,995 | $600,500 - $1,024,500 |
| Franchise Fee | $99,995 | $40,000 |
| Royalty Fee | $1000/Month | 5% |
| Advertising Fee | - | 1%-2% |
| Year Founded | - | 2005 |
| Year Franchised | - | 2013 |
| Term Of Agreement | - | 10 Years |
| Term Of Agreement | - | 10 Years |
| Renewal Fee | - | 0 |
Business Experience Requirements |
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| Experience | We seek positive, customer focused people who are highly motivated with a desire and commitment to build a successful business while having fun. | - |
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 | 4 day comprehensive training | On-The-Job Training: 744 hours Classroom Training: 32 hours |
| Support | Site selection & negotiation *Salon design and layout *Grand opening and continuous marketing programs *On-site assistance during grand opening week *Owners meetings to discuss operations and marketing | 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 | For single salon owners we do not require you to work full-time or part-time in the salon. Multi-store owners should work part-time or hire a manager. | - |
Expansion Plans |
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| US Expansion | Yes | Yes |
| Canada Expansion | - | - |
| International Expansion | - | - |