WE’VE GOT ANSWERS.
WE’VE GOT ANSWERS.
TOASTIQUE FREQUENTLY ASKED QUESTIONS
How much money do I need to open my own Toastique franchise location?
Our initial investment ranges from $280,750 – $482,200
What is the franchise fee?
Our franchise fee is $45,000 franchise for a single location.
How much available cash do I need to qualify for a franchise?
We ask that our candidates have at least $150,000 in liquid capital and a net worth of $300K or higher.
How much money can I expect to make?
We are proud of our outstanding unit economics and look forward to discussing those with you. Our original Toastique saw net profits of $216,949 during 2020, in spite of COVID-19.* After completing our Questionnaire and demonstrating financial qualifications to own a franchise, we will then provide you with our Franchise Disclosure Document (FDD) which contains more detailed financial statements and performance of our Franchise Owners.
*Refer to 2021 Franchise Disclosure Document Item 19- Table 1
My total gourmet toast experience includes making a PBJ. Can I still own a Toastique Breakfast Franchise?
No restaurant experience is necessary to own a Toastique! We’re really looking for people with a strong background in leadership and management, with excellent interpersonal skills, drive and determination, and a passion for wellness and healthy eating that equals our own.
What kind of franchise support can I expect from the Toastique corporate team?
Our Franchise Owners will receive hands-on training, field support, marketing support, and ongoing support from the Toastique Founders themselves, as well as our thoughtfully-assembled team of experts.
What does a typical Toastique location look like?
While there’s no such thing as a “typical” Toastique café location, we find that a footprint between 1,000-1,800 square feet is ideal, in a densely populated residential area with high foot traffic and in close proximity to hotels, fitness facilities, office buildings, and colleges or universities. Being located in a touristy area is a plus. Outside seating is preferred, not only to comply with social distancing guidelines, but also to show off our beautifully presented toasts, bowls, or smoothies- some of the most effective free marketing we have!
How quickly can I expect my Toastique location to open after signing my franchise agreement?
The average estimated ramp-up time is 5-12 months; we’ve managed to complete buildout on all three of our corporate locations in just 40 days each, so expect a quick ramp-up!
When can I expect a return on my initial investment?
While we can’t make any guarantees on your specific location, the estimated timeframe to break even is approximately 12-16 months after signing your agreement.
How many staff members will I need to hire?
We recommend hiring one General Manager, 1-2 Shift Leads, and 5-8 hourly employees for your Toastique location, and expecting to have 2-3 hourly employees on each shift with your GM and one shift lead. If you choose to do so, you can act as General Manager.
What qualities do you look for in a Toastique Franchise Owner?
Here are some of the characteristics we would like our ideal Breakfast Franchise Owner to possess:
- Passionate about health and wellness, with a desire to serve as an ambassador of healthy eating to your community.
- Strong work ethic, drive, and determination to build a successful business.
- Outgoing and friendly, with outstanding communication skills and a commitment to excellent customer service.
- Strong business management background with experience in the fast-paced hospitality or food-service industry.
- Fearless pioneer spirit who is excited to be a trailblazer as one of the first official Toastique Franchise Owners in the country.
Is funding available for qualifying franchise applicants?
Toastique is a proud partner of Benetrends, the nation’s leading small-business funding organization.
Can I own a Toastique café on a semi-absentee basis?
Toastique offers two different ownership options: Owner-Operator and Semi-Absentee. Owner-Operators should expect to work around 50-55 hours per week and are involved in the day-to-day operations as well as the development and management of team members. They also handle community relations and should be seen as the face of the business. Their tasks would include:
- Engaging with customers to ensure an excellent guest experience
- Preparing menu items
- Placing and receiving orders
- Hiring, training, and overseeing employees
- Managing inventory
- Reviewing numbers and projections
- Implementing marketing initiatives
Semi-Absentee Owners would hire a General Manager to oversee daily operations and only be in the cafe about 2-3 hours a day to check in. This is an ideal option for Owners looking to scale into additional locations. Their tasks would include:
- Hiring and overseeing the General Manager
- Financial goal setting and review
- Reviewing performance, including employees, marketing initiatives and food and labor costs
- Scaling into new locations
Are there other ways to earn revenue besides dine-in service?
In addition to the Toastique dine-in experience in our chic, rustic atmosphere, customers can enjoy our gourmet offerings via takeout and third-party delivery. We are also well-equipped to handle catering orders, thanks to the ‘grab-and-go’ nature of our gourmet toasts, juices, smoothies, and bowls. A Toastique Franchise Owner has the potential to earn money from multiple complementary revenue streams.
What kind of equipment will I need for my Toastique location?
With no fryers, hoods, ovens, or other complex restaurant equipment to worry about, Toastique Franchise Owners can keep their operations simple and their build-out costs low. The only major equipment expense you should expect is an X-1 Mini Juicer which retails for $15,000 and is delivered to the door of your café.
Will you assist with my real estate buildout process?
Our CFO, COO & Construction Manager Kyle Izett is a highly-experienced builder and engineer, with an extensive project management background. Kyle and his team will assist with nearly every aspect of your location’s real estate, construction, and design, working to get it done quickly, efficiently, and below market cost!
I’m all about eating healthy...but I never set foot in my kitchen if I can help it. Will I need to know how to prepare the Toastique menu items myself?
It really depends how you’d like to be involved in the business. Owner-Operators typically will assist with preparing menu items while Semi-Absentee Owners will have employees to handle day-to-day operations. Regardless, our Executive Chef will provide training on the preparation of all menu items as well as extensive recipes that guide you through every step. The recipes are simple enough to be completed by anyone, regardless of their skills in the kitchen.
Would I be able to invest in multiple Toastique units?
WANT ACCESS TO ALL OUR FINANCIALS?
By completing our 5-minute, no-cost, no-obligation Questionnaire, you’ll gain access to:
Our Franchise Development Director to personally guide you through our Education Process and answer any questions you have about owning a Toastique franchise
Our Franchise Disclosure Document: 40 pages of the important stuff!
The Toastique Team! You’ll be able to hear directly from our Founders and corporate team and learn more about what makes us Toastique!
Once we’ve reviewed your completed application, we will be in touch immediately after to start unlocking the steps above!