The franchise offered is for a full service restaurant operating under the name “FAMOUS TOASTERY®” and offering breakfast and lunch menus as well as beer, wine and cocktails for dine-in or take-out, and operates using the franchisor’s proprietary recipes, formulae, techniques, trade dress, trademarks and logos.
Company Background
Famous Toastery is a breakfast and lunch restaurant with a full bar, available for franchising. Famous Toastery operates as a full service restaurant serving breakfast and lunch menus as well as beer, wine and cocktails for dine-in or take-out. The company offers its own recipes, formulae, techniques, trade dress, trademarks and logos to franchisees in order to maintain uniformity across the brand. The Famous Toastery team strives to provide guests with an unforgettable experience from start to finish by offering quality food made from scratch daily using high-quality ingredients that are locally sourced whenever possible. We have been recognized nationally on several lists of top restaurants including Zagat's Top 50 Breakfasts in America list
Franchise Opportunity
Owning and operating a restaurant can be incredibly difficult. There are so many things to think about - from the food you serve to the d?cor of your establishment - that it's easy to make mistakes. Even if you're an experienced restaurateur, there's no guarantee that your new restaurant will be a success. In fact, 60% of restaurants fail in their first year. Famous Toastery is here to help. Our experienced team will guide you through every step of opening your own restaurant, from choosing the perfect location to training your staff. We'll provide you with all the tools and resources you need to make your restaurant a success.
Corporate Structure
Holiday Park Partners, LLC was formed as a North Carolina limited liability company on February 19, 2013. Their principal place of business is 445 South Main Street, 4th Floor, Davidson, North Carolina 28036.THey do business under their corporate name, Holiday Park Partners, LLC and the names “Famous Toastery®,” “Toast Café” and “Toast City Kitchen.” They began offering franchises as of June 1, 2013.
Investment and Franchisee Fees
The total investment necessary to begin operation of a FAMOUS TOASTERY® Restaurant franchise is $421,000 to $1,085,500. This includes $65,000 that must be paid to the franchisor and/or its affiliate.
Franchisee Attrition
10 /10
This franchise's rate of attrition in 2023
of 0.00%
was
Lower
than the 2% in the Restaurants (Sit-Down) industry. Generally speaking, a higher rate of attrition represents a less stable franchise system and a lower rate of attrition indicates a more successful system
What's Included in franchise attrition?
We define the franchisee attrition rate as the sum of terminations, re-acquisitions by
franchisor, non-renewals, and ceased operations, divided by the number of outlest at the start of the year.
It is a strong indicator of the strength of the underlying operating model
Employee Contact Database
#
Name
Position
Phone Number
Email Address
Franchise Disclosure Documents
FDD
Effective Date
Distribution of Famous Toastery Franchisees
Famous Toastery Franchise System Development in 2015
FAQ
How much investment do I need to start my own Famous Toastery business?
Franchisees typically require at least
$419,000 to
$785,500 investment to get their
Famous Toastery business started
What are the initial franchise fees for Famous Toastery?
Franchisees typically need to pay at least
$40,000 in fees directly to
Famous Toastery in order to earn the right to launch their business
How much money can I make with a Famous Toastery franchise? What are
the average revenues for a typical Famous Toastery business?
We haven’t done the math on how much revenue a typical
Famous Toastery brings in each year. We estimate that other
franchisees in the Food & Beverage industry generate
$0 revenue, so we would expect
Famous Toastery to generate a similar amount
How long do I need to commit to running a Famous Toastery unit? What
is my contractual commitment?
Famous Toastery franchisees are typically required to sign up to a
10 year contract initially. The renewal length
is 5 years. You can of course exit early but
don’t expect to get any refund!
Accessibility
6 /10
The Franchisor's investment costs ranges from
$378,270 to $1,638,554
which is
Much Lower
than the $931,012 to $1,843,346 average in the Restaurants (Sit-Down) industry
What determines the investment cost?
Item 7 of the Franchise Disclosure Document lays out the full list of initial investment costs, including the fee payable to the franchisor, security deposits, equipment, professional fees etc
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