Noufal Haircolor Studio vs Famous Toastery Franchise Comparison

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

Start-Up Costs and Fees

 
Noufal Haircolor Studio Franchise
Famous Toastery Franchise
Investment $190,550 - $340,600$600,500 - $1,024,500
Franchise Fee $38,000 - $39,500$40,000
Royalty Fee -5%
Advertising Fee -1%-2%
Year Founded 19942005
Year Franchised 20122013
Term Of Agreement -10 Years
Term Of Agreement -10 Years
Renewal Fee -0


Business Experience Requirements

 
Noufal Haircolor Studio Franchise
Famous Toastery Franchise
Experience --

Financing Options

 
Noufal Haircolor Studio Franchise
Famous Toastery Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/Yes
Start-up Costs -/--/Yes
Equipment -/--/Yes
Inventory -/--/Yes
Receivables -/--/Yes
Payroll -/--/Yes

Training & Support

 
Noufal Haircolor Studio Franchise
Famous Toastery Franchise
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

 
Noufal Haircolor Studio Franchise
Famous Toastery Franchise
US Expansion YesYes
Canada Expansion --
International Expansion --

Company Overviews

About Noufal Haircolor Studio

Noufal Haircolor Studio has been in business for more than 15 years, specializes in expert hair care to include color and Keratin treatments while also providing nail, makeup and waxing services. With a popular Northern Virginia destination already established for both men and women looking for experienced, award-winning stylists, owner Joey Noufal is eager to expand the brand and provide entrepreneurs with a chance to be a part of the Noufal Haircolor Studio family. In the coming year, Noufal plans to open three to five franchise locations in DC, Maryland and Virginia. Entrepreneurs and franchisees can look forward to a hands-on accelerated learning process with Noufal helping at every step of the way. Joining the Noufal team will give franchisees access to their proven system for great customer retention, as well as exclusive discounts on salon use products and corporate support. Noufal plans to extensively train all front desk coordinators, shampoo assistants, managers and hair stylists to provide them with the knowledge needed to be successful. Franchisees will also have access to advancement and continuing education classes for all employees. "We've had the pleasure of servicing the Washington elite over the last 15 years and we look forward to continuing that service over the coming years," said owner Joey Noufal. "Investing in a Noufal Haircolor Studio is a low risk venture for entrepreneurs, given the brand recognition and community outreach we've engaged in over the last decade and a half for customer retention." As the business has continued to grow and expand over the last decade, Joey has involved Noufal Haircolor Studio in the community around him, often donating haircuts and other spa treatments to benefit charities like the Leukemia & Lymphoma Society (LLS). Earlier this year, Noufal Haircolor Studio participated in Cut for the Cure, an LLS campaign for which the salon donated an entire day's worth of haircuts to help fight blood cancers. For more information about franchise opportunities, interested parties should reach out to Joey Noufal at Joey(at)noufalhaircolorstudio(dot)com.

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