Yes, Famous Toastery Is A Franchise!
There’s no doubt about it: Americans love their breakfast, making it a more than $11 billion industry! One exciting and fresh restaurant concept is quickly making itself known on the scene – Famous Toastery.
Best friends since the age of eight, Brian Burchill and Robert Maynard have always shared a passion for good food, and known delicious meals and top quality service were a combination for success. Finally, in 2005, Burchill and Maynard decided to open their first Famous Toastery in Huntersville, North Carolina, in a small house-turned-restaurant. But this wasn’t going to be just any old greasy diner spot. Famous Toastery was going to place an emphasis on fresh food and unparalleled customer service.
Through the incredible reputation they built, the customer base they grew, and the devoted community and family they created, it worked! Then, in 2013, Burchill and Maynard decided to turn their business model into a thriving franchise system. Now nearly 30 Famous Toasteries have opened along the East Coast, with plenty more planned in the coming years. In fact, Famous Toastery plans to open 50 units – doubling its footprint – by 2024!
The recipe for Famous Toastery’s growth all these years has been its commitment to fresh, made-to-order menu items, such as the Avocado Omelet, the Famous Hash, and the signature Flapjacks, as well as the dedication to serving communities and creating a family within each restaurant. By focusing on their franchisees and guests, Famous Toastery has been able to efficiently turn their business into a noticeable franchise model. The Famous Toastery franchise team has even built a reputation for providing exceptional franchisee support from day one in order to help franchisees Be Famous in their own communities.
Why Franchise With Famous Toastery?
Famous Toastery continues to be the concept of choice for entrepreneurs wanting to enter the breakfast segment, and it’s not hard to see why. Famous Toastery offers a best-in-class training and support platform that makes franchisees excel at running their business. The Famous Toastery elite support team covers everything from Operations, Marketing, Finance, Accounting, Training, and even navigating the supply chain and inventory. Not only that, Famous Toastery bolstered its franchisee support by hiring several key additions to its Executive team whose jobs are solely to work directly with franchise owners. The Famous Toastery team has made huge commitments to ensure franchisees feel supported for the life of the franchise.
Famous Toastery has also instilled core mission statements to guide the way, such as the motto “every server is your server,” tending to customer needs and making every customer feel famous. With this, a “famous experience” starts with fresh ingredients and inclusive recipes, from freshly squeezed orange juice to pure, 100% grade A maple syrup, customers know their meal was made in-house, never from a can.
“We’ve stayed true to our mission, guaranteeing that our food is fresh and made in-house every single day,” said Maynard. “We don’t just use the word ‘fresh’ and have frozen tomato soup come in, or have nitrate-filled turkey come in. We roast our own turkey. We make our own soup. We make our own salad dressings. We make every omelet in a pan. We get top-of-the-line items. We don’t cut corners on food. That’s the big differentiator between us and our competitors.”
Famous Toastery Keeps Costs Low and Profits High
Famous Toastery ensures the right entrepreneurs have the opportunity to invest. That’s why Famous Toastery is committed to remaining one of the most affordable opportunities in the breakfast/lunch segment, with initial investments running as low as $575,500 to $999,500. The investment opportunity also involves a $250k liquidity requirement, a $500k net worth requirement, and a $45k franchise fee.
Franchise owners have the opportunity to drive in huge profits. According to the most recent Franchise Disclosure Document, the average gross sales of a Famous Toastery franchise was reported at $1,316,080. That’s not to mention the incredible opportunity for growth and expansion. Just a few months into 2022, Famous Toastery was on track to close 10-12 new franchise deals, a testament to the rapidly growing footprint of a franchise model that works.
“Franchising is all about making things easier and faster in different aspects,” Maynard says. “The concept Famous Toastery chose was not to change how we source our food and how we prepare that fresh, made-to-order style that is so loved. That’s staying in our core model. It’s what makes us who we are. It’s not rocket science. It’s just execution.”
Join The $11.1 Billion Breakfast Restaurant Industry
According to IBIS World, the breakfast restaurant industry ballooned into a $11.1 billion industry in the U.S. in 2022, with a nearly 10% market growth. That’s because, quite simply, Americans are hungry for breakfast and love going out to eat. As consumer spending and travel increase, so too is the demand for breakfast spots. “As the economy recovers and as demand for healthier foods rises, industry profitability is anticipated to expand,” IBIS World reported.
Indeed, within the booming breakfast restaurant industry, there is plenty of room to grow and expand. According to a February 2022 study by The NPD Group, visits to restaurants for breakfast increased 11 percent, highlighting pent-up demand and the growing need for options. That’s why Famous Toastery is full speed ahead on opening 50 units by 2024, hitting the market at the right time with the right menu.
Be Famous With A Famous Toastery Franchise!
Americans are truly taking the old saying that ‘breakfast is the most important meal of the day’ to the next level. And when breakfast time is over, Famous Toastery franchises are here serving lunch too! Since it started franchising, Famous Toastery has become famous for having the best franchisees in the marketplace. If you’re looking for a best-bet opportunity, and want to be famous with guests, team members, and the community, then Famous Toastery may be a perfect fit for you.