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Below is an in-depth analysis and side-by-side comparison of Color Me Beautiful 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 | $99 - $5,500 | $600,500 - $1,024,500 |
Franchise Fee | N/A | $40,000 |
Royalty Fee | - | 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 | - | - |
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 |
Canada Expansion | - | - |
International Expansion | - | - |
Color Me Beautiful is not a franchise. Color Me Beautiful is a business opportunity.
Color Me Beautiful Retail specialize in training retail staff as Personal Shoppers - transforming them into knowledgeable, successful fashion consultants and stylists who can generate add-on sales and customer loyalty.