Hair Saloon For Men vs Famous Toastery Franchise Comparison

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

Start-Up Costs and Fees

 
Hair Saloon For Men Franchise
Famous Toastery Franchise
Investment $218,600 - $299,900$600,500 - $1,024,500
Franchise Fee $30,000$40,000
Royalty Fee 6%5%
Advertising Fee -1%-2%
Year Founded 19972005
Year Franchised 20022013
Term Of Agreement 10 years10 Years
Term Of Agreement 10 years10 Years
Renewal Fee 25% of initial franchise fee0


Business Experience Requirements

 
Hair Saloon For Men Franchise
Famous Toastery Franchise
Experience
  • General business experience
  • Marketing skills
  • -

    Financing Options

     
    Hair Saloon For Men Franchise
    Famous Toastery Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/No-/Yes
    Start-up Costs No/No-/Yes
    Equipment No/No-/Yes
    Inventory No/No-/Yes
    Receivables No/No-/Yes
    Payroll No/No-/Yes

    Training & Support

     
    Hair Saloon For Men 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 slicks, Regional advertisingAd Templates Regional Advertising Social media SEO Website development Email marketing Loyalty program/app
    Operations Franchisees required to buy multiple units/master licenses; 100% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 12

    Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)

    -

    Expansion Plans

     
    Hair Saloon For Men Franchise
    Famous Toastery Franchise
    US Expansion -Yes
    Canada Expansion No-
    International Expansion Yes-

    Company Overviews

    About Hair Saloon For Men

    Hair Saloon is the reinvention of the neighborhood barbershop providing a premium brand of hair cutting services that appeals to men of all ages.

    Launched in St. Louis, Missouri in 1997, Hair Saloon provides Men and Jr. Men the comfort and convenience that is unmatched in the industry. Appointments and walk-ins are greeted by a friendly, full-time Saloon Supervisor. Each customer is treated to outstanding customer service that includes a complimentary beverage, relaxing shampoo, complimentary shoeshine, and hot towel and mint for the perfect finish. Our commitment to outstanding customer service, combined with the relaxing atmosphere found at every Hair Saloon creates a premium haircut experience that has proven to be a successful business model.

    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