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Updated RecentlyLord's & Lady's Hair Salons vs Famous Toastery Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Lord's & Lady's Hair Salons 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 | $50,000 - $175,000 | $600,500 - $1,024,500 |
| Franchise Fee | $25,000 | $40,000 |
| Royalty Fee | 6% | 5% |
| Advertising Fee | - | 1%-2% |
| Year Founded | 1975 | 2005 |
| Year Franchised | 1980 | 2013 |
| Term Of Agreement | 10 years +10 | 10 Years |
| Term Of Agreement | 10 years +10 | 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 | Boston, MA 2-5 Days | On-The-Job Training: 744 hours Classroom Training: 32 hours |
| Support | Central Data Processing Central Purchasing Field Operation Evaluation Field Training Initial Store Opening Inventory Control Regional or National Meetings 800 Telephone Hotline | 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 | Average Number of Employees: 6 Full-time, 8 Part-time Passive Ownership: Allowed, But Discouraged | - |
Expansion Plans |
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| US Expansion | Yes | Yes |
| Canada Expansion | - | - |
| International Expansion | - | - |
Company Overviews
About Lord's & Lady's Hair Salons
Service and retail mall locations which normally do 50% men and 50% women in sales.
At Lord's & Lady's Hair Salons, we
pride ourselves in providing our customers with the perfect cuts,
colors, perms and other hair services, along with the highest quality of
customer service. Our stylists are highly trained in today's latest
hair trends and attend regular classes with major styling educators.
Founded 1971 in Boston, Massachusetts, Lord's & Lady's Hair Salons has been servicing the New England area as a full service beauty salon. Salons located throughout New England.
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.