Phenix Salon Suites vs Famous Toastery Franchise Comparison

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

Start-Up Costs and Fees
  Phenix Salon Suites Famous Toastery
Investment 308130 - 1387420 600500 - 1024500
Franchise Fee
Royalty Fee $0.30/sq. ft. 5%
Advertising Fee $0.06/sq. ft. 1%-2%
Year Founded 2007 2005
Year Franchised 2010 2013
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements
  Phenix Salon Suites Famous Toastery
Experience

Financing Options
  Phenix Salon Suites Famous Toastery
 
Franchise Fees
Start-up Costs
Equipment
Inventory
Receivables
Payroll

Training & Support
  Phenix Salon Suites Famous Toastery
Training On-The-Job Training: 12 hours Classroom Training: 19 hours On-The-Job Training: 744 hours Classroom Training: 32 hours
Support *Site Selection and lease negotiations *Upscale Design and Decor assistance *Assistance with Architects, Engineers and Contractors *Vendor assistance in all areas *Proven Marketing System to fill location with Salon Professionals & tenants *Turnkey business operation *Complete training *Ongoing unlimited support Newsletter Meetings/Conventions Grand Opening Security/Safety Procedures Field Operations Site Selection
Marketing Ad Templates National Media Regional Advertising Social media Website development Ad Templates Regional Advertising Social media SEO Website development Email marketing Loyalty program/app
Operations Absentee ownership is allowed

Expansion Plans
  Phenix Salon Suites Famous Toastery
US Expansion Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming
Canada Expansion
International Expansion

Start-Up Costs and Fees Mobile
Investment
Phenix Salon Suites
Famous Toastery
Franchise Fee
Phenix Salon Suites
Famous Toastery
Royalty Fee
Phenix Salon Suites $0.30/sq. ft.
Famous Toastery 5%
Advertising Fee
Phenix Salon Suites $0.06/sq. ft.
Famous Toastery 1%-2%
Year Founded
Phenix Salon Suites 2007
Famous Toastery 2005
Year Franchised
Phenix Salon Suites 2010
Famous Toastery 2013
Term Of Agreement
Phenix Salon Suites 7 years
Famous Toastery 10 Years
Renewal Fee
Phenix Salon Suites
Famous Toastery


Business Experience Requirements
Experience
Phenix Salon Suites
Famous Toastery

Financing Options
 
Franchise Fees
Phenix Salon Suites
Famous Toastery
Start-up Costs
Phenix Salon Suites
Famous Toastery
Equipment
Phenix Salon Suites}
Famous Toastery
Inventory
Phenix Salon Suites
Famous Toastery
Receivables
Phenix Salon Suites
Famous Toastery
Payroll
Phenix Salon Suites
Famous Toastery

Training & Support
Training
Phenix Salon Suites On-The-Job Training: 12 hours Classroom Training: 19 hours
Famous Toastery On-The-Job Training: 744 hours Classroom Training: 32 hours
Support
Phenix Salon Suites *Site Selection and lease negotiations *Upscale Design and Decor assistance *Assistance with Architects, Engineers and Contractors *Vendor assistance in all areas *Proven Marketing System to fill location with Salon Professionals & tenants *Turnkey business operation *Complete training *Ongoing unlimited support
Famous Toastery Newsletter Meetings/Conventions Grand Opening Security/Safety Procedures Field Operations Site Selection
Marketing
Phenix Salon Suites Ad Templates National Media Regional Advertising Social media Website development
Famous Toastery Ad Templates Regional Advertising Social media SEO Website development Email marketing Loyalty program/app
Operations
Phenix Salon Suites Absentee ownership is allowed
Famous Toastery

Expansion Plans
US Expansion
Phenix Salon Suites Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming
Famous Toastery Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming
Canada Expansion
Phenix Salon Suites
Famous Toastery
International Expansion
Phenix Salon Suites
Famous Toastery