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Below is an in-depth analysis and side-by-side comparison of Famous Toastery vs The Great American Barbershop including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $600,500 - $1,024,500 | $175,500 - $297,000 |
Franchise Fee | $40,000 | $35,000 |
Royalty Fee | 5% | 6% |
Advertising Fee | 1%-2% | 2% |
Year Founded | 2005 | 2015 |
Year Franchised | 2013 | 2018 |
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 | On-The-Job Training: 18 hours Classroom Training: 18 hours |
Support | Newsletter Meetings/Conventions Grand Opening Security/Safety Procedures Field Operations Site Selection | Meetings/Conventions Grand Opening Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform Marketing Support Social media SEO Website development |
Marketing | Ad Templates Regional Advertising Social media SEO Website development Email marketing Loyalty program/app | Social media SEO Website development |
Operations | - | - |
Expansion Plans |
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US Expansion | Yes | Yes |
Canada Expansion | - | - |
International Expansion | - | - |
Partner with the Great American Barbershop without ever picking up a pair of clippers.
-Partner w/ the Great American Barbershop and keep your day job.
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