SportClips vs Famous Toastery Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of SportClips vs Famous Toastery including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
SportClips Franchise
Famous Toastery Franchise
Investment $233,800 - $388,300$600,500 - $1,024,500
Franchise Fee $25,000 - $59,500$40,000
Royalty Fee 6%5%
Advertising Fee 5%1%-2%
Year Founded 19932005
Year Franchised 19952013
Term Of Agreement 5 years10 Years
Term Of Agreement 5 years10 Years
Renewal Fee $3.5K0


Business Experience Requirements
 
SportClips Franchise
Famous Toastery Franchise
Experience
  • General business experience
  • Marketing skills
  • People skills
    		• -

    Financing Options
     
    SportClips Franchise
    Famous Toastery Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/No-/Yes
    Start-up Costs No/Yes-/Yes
    Equipment No/Yes-/Yes
    Inventory No/Yes-/Yes
    Receivables No/No-/Yes
    Payroll No/No-/Yes

    Training & Support
     
    SportClips Franchise
    Famous Toastery Franchise
    Training - On-The-Job Training: 744 hours Classroom Training: 32 hours
    Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperativesNewsletter Meetings/Conventions Grand Opening Security/Safety Procedures Field Operations Site Selection
    Marketing Co-op advertising, Ad slicksAd Templates Regional Advertising Social media SEO Website development Email marketing Loyalty program/app
    Operations Franchisees required to buy multiple units/master licenses; 98% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 6 - 12

    Absentee ownership of franchise is allowed. (32% of current franchisees are owner/operators)

    		-

    Expansion Plans
     
    SportClips Franchise
    Famous Toastery Franchise
    US Expansion YesYes
    Canada Expansion No-
    International Expansion No-

    Company Overviews

    About SportClips

    Gordon Logan, founder and CEO of Sport Clips, conceived the Sport Clips idea in 1993 and opened its first franchised store in Houston two years later. Designed to target a previously underserved market, Sport Clips caters to men and boys by providing hassle-free hairstyling in a sports-themed environment. The company began franchising in 1995.

    Do You have What It Takes?

    • You have strong leadership, managerial and communication skills
    • You enjoy developing Team Members and being involved in the community
    • You can effectively market your business and drive sales
    • You have a passion for the Sport Clips culture
    • Our Team Leaders come from different industries - no hair care experience necessary!
    Veteran Incentives: 20% off franchise fee
    "Top                  ""  "Entrepreneur
    #4 in Gator's Top franchises.
    #37 in Franchise 500 for 2020.
    #17 in Franchise 500 for 2021.





    About Famous Toastery

    Share the Toastery Love

    It’s no secret that breakfast, lunch and brunch restaurants have captured American’s hearts and the interest of restauranteurs nationwide. The hours are ideal. The table turnover is profitable. And as a bonus, you meet some remarkable customers along the way. If you’re interested in owning a Famous Toastery, you must have $250,000 in liquid cash and a net worth of $500,000 or more. Then, you’ll meet with our team so we can spill the beans and make sure we’re a good fit.
    Veteran Incentives  20% off franchise fee