FRANCHISE INVESTMENT DETAILS
Toadstools has an initial franchise fee of $30,000 for each Bakery shop which includes your first Retail Shop. Each additional Retails Shop will incur a $5,000 fee depending on your territory.
Royalties collected are 5% of weekly gross revenue, and the Advertising Fee is 1% of weekly gross revenue.
For a single full-sized production bakery which includes an onsite retail shop, you should be capable of investing or securing financing for an estimated range of $300,600 to $462,800 per bakery, depending on the market where you wish to be located and the extent of leasehold improvements needed at your site. This includes an estimate of your rent for the first three months and operating capital for a minimum of three months.
FREQUENTLY ASKED QUESTIONS
MUST I BE INVOLVED WITH OPERATING MY BUSINESS?
We strongly recommend that you (or one of your owners if you are a corporation or partnership), participate fully in the actual day-to-day operation and supervision of the Franchise. However, you may designate an operations manager to assume responsibility for day-to-day operations. Any managers you employ to help you to operate the franchise must complete the training programs.
DOES TOADSTOOLS PROVIDE FINANCING?
Toadstools does not provide financing.
WHAT TERRITORIES ARE AVAILABLE FOR DEVELOPMENT?
Toadstools is actively seeking franchises in the Pacific NW, primarily Oregon to start with (Portland, Eugene, Bend and Salem). Plans to extend into California, Utah and Washington are underway. Other territories in other states will be considered on a case-by-case basis. You may indicate the territory you are interested in developing when completing the preliminary Information Form.
DOES TOADSTOOLS ASSIST WITH SITE SELECTION AND LEASING?
You are responsible for finding the location of the Franchise Premises. Bakery sites will range in size from 1500 to 2500 square feet depending on territory/population . Smaller territories will need a stand alone production bakery with a retail shop on site. Medium to Larger areas will require a large production bakery which will develop and service additional offsite retail shops. (Hub and Spoke model) If you request assistance in selecting a site for a Franchise Premises, we may provide reasonable assistance in finding a location acceptable to you.
HOW LONG DOES IT TAKE TO BECOME A TOADSTOOLS FRANCHISEE?
Much of the time needed to become a franchisee depends on how quickly you move through the discovery process. Typically it takes between 30 to 45 days for you to fully evaluate our concept, for us to get to know each other and to mutually decide whether or not you and Toadstools are a good fit. After signing your franchise agreement and finding a site, your shop could be open in 6 to 8 months, dependent mostly on the length of time needed to find an acceptable site.
HOW MUCH MONEY CAN I MAKE?
Toadstools does not predict the sales or profitability of any new locations. Much of your success will be attributed to how well you operate your Bakery and how closely you follow our processes and systems. Because you are making a substantial investment in your business, you should perform any financial projections as part of your business plan.
HOW MUCH TRAINING WILL I RECEIVE.?
Toadstools will provide one week of initial training usually within 30-45 days after you sign the franchise agreement and two weeks of training on site at your Bakery before you open. Optional Grand Opening training is also available as well as any additional assistance required.
CAN I COMBINE TOADSTOOLS WITH MY EXISTING FOOD SERVICE RELATED BUSINESS.
Toadstools is a stand alone Bakery concept. We make and sell only Toadstools to the general public on a retail basis. We do not wholesale to distributors or other food service businesses. We are a fast food take out only, retail bakery with no seating for dining in. We do not serve coffee or allow any other food to be sold or served.
STEPS TO OWN A TOADSTOOLS FRANCHISE
1. REVIEW INFORMATION
Start by reviewing the franchise information on our website. Many of your questions can be answered by visiting our site.
2. TELL US WHO YOU ARE AND WHY YOU WOULD LIKE TO OWN A TOADSTOOLS FRANCHISE
Submit a preliminary information request form and a member of our franchise development team will contact you to discuss our franchise opportunity, the specifics of the territory you are interested in and the scope of development you are considering.
3. FDD PROVIDED TO YOU
After speaking with you and approving your initial qualifications, we will send you a copy of our Franchise Disclosure Document(FDD). The FDD defines the relationship between TOADSTOOLS and the Franchisee (you). The FDD also includes the details of the franchise agreement you will sign to become a TOADSTOOLS franchisee. If you have an attorney review the documents, or have specific legal questions, please contact us. The final step will be to execute a franchise agreement and officially become part of the TOADSTOOLS team!
4. INITIAL MANDATORY TRAINING
After signing the FDD, the TOADSTOOLS Operations Manual will be made available to you. It contains the information needed to operate and manage your franchise, from selecting your location, bakery floor plans, ordering your equipment and supplies, vendors, recipes, managing staff and the art of selling Toadstools.. After 30-45 days of receiving the operations manual you will schedule a Mandatory Initial 7 Day Training Session at a designated training site, currently in the Portland, Oregon area. This training will cover the basics to get you started.
5. TWO WEEK ON SITE TRAINING
Prior to opening, a training manager from TOADSTOOLS will travel to your bakery to assist you in Toadstool production: i.e., baking, making cream based toppings, decorating and sales If needed they will stay on for your Grand Opening.
6. YOU'RE OPEN! (USUALLY 6-9 MONTHS FROM THE TIME YOU SIGN THE FDD.)
You are now officially open and will begin delighting your customers with this fun and whimsical dessert!