The Toasted Yolk Franchise Company will provide corporate based training that will last up to 48 days, with 6 days of in-classroom instruction and 42 days of on-the-job training. Around the time of the grand opening of your cafe, we will also provide on-site training for a total of eight days. We’ll also present you with a copy of our confidential operations manual to help you run The Toasted Yolk Cafe properly on a day-to-day basis.
Franchise owners, or their operating partners, should have solid restaurant operations experience. We also look for leaders who can demonstrate good coaching skills, great communications skills, ample management experience, problem solving abilities, and a dedication to guest service.
Franchisees pay royalties at a rate of 5% of gross sales. These royalties allow us to fund our ongoing support services and the continued development of menu items, marketing tools, training programs, and systems upgrades.
The projected initial investment range for a single start-up location is between $505,900 and $1,042,600; this investment amount includes an initial franchise fee of $45,000. As with any new business venture, it’s important that you have the capital needed to adequately fund your new business.
Franchisees will be required to spend a minimum of 1% of gross sales each month on local marketing. Franchisees will also contribute up to 1% of gross revenues into the system marketing fund. Collected funds will be used to develop marketing strategies to promote The Toasted Yolk Cafe brand and fund the creative costs to develop local franchise marketing materials and campaigns.
We do not offer direct financing to franchisees. We may be able to provide references to qualified financing or lending resources, on a case-by-case basis.
The initial term of your franchise agreement is ten years, with two successor term options of five years each.