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<a href="https://famoustoastery.com/famous-toastery-announces-rankings-on-franchise-times-top-200-franchises-and-inc-5000-list/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=famous-toastery-wraps-up-first-half-of-2022-with-a-be-famous-attitude-2719330" target="_blank" rel="nofollow">Famous Toastery</a>, the 25-plus unit better breakfast, brunch and lunch franchise, is on the cusp of major franchise growth, embarking on an&nbsp;<a href="https://1851franchise.com/famoustoastery/famous-toastery-enters-2022-on-pace-to-double-units-to-50-by-2024-2717878#featured">ambitious plan</a> to reach 50 units — doubling its current footprint — by 2024. So far in 2022, Famous Toastery has taken significant strides toward achieving that goal, laying down the infrastructure and business model that will encourage franchisees to “<a href="https://1851franchise.com/famoustoastery/be-famous-famous-toasterys-new-president-michael-mabrys-message-to-franchisees-2717719#featured">be famous</a>” as the brand reaches new markets across the country.&nbsp;“As we look at the first two quarters of 2022, we are really looking at everything through the ‘be famous’ lens,” said Famous Toastery President&nbsp;<a href="https://www.linkedin.com/in/michael-mabry?utm_source=1851franchise.com&utm_medium=article&utm_campaign=famous-toastery-wraps-up-first-half-of-2022-with-a-be-famous-attitude-2719330" target="_blank" rel="nofollow">Michael Mabry</a>. “That is really what has propelled us. The most important thing is encouraging the ‘be famous’ attitude, whether it be on the leadership, franchisee, unit or customer level. That mindset is alive and well, and we will continue to drive that home for the rest of the year.”&nbsp;With a beloved offering, Famous Toastery franchisees quickly&nbsp;<a href="https://1851franchise.com/famoustoastery/be-famous-famous-toasterys-new-president-michael-mabrys-message-to-franchisees-2717719#featured">become locally famous</a> as pillars of their communities, providing not only uncompromisingly fresh and decadent meals, but a hub for friends, families and neighbors to come together. And in a world where everyone is trying to connect following&nbsp;<a href="https://1851franchise.com/famoustoastery/famous-toastery-forges-a-path-for-franchisees-to-recover-in-covid-era-2714926#featured">the pandemic</a>, the demand for community-driven and delicious restaurant experiences is stronger than ever. As a result, Famous Toastery has seen its year-over-year sales rise by over 30% in 2022.&nbsp;“The breakfast segment is booming as customers look for a place to enjoy fresh food with loved ones in a low-stress atmosphere,” said CEO and Founder&nbsp;<a href="https://www.linkedin.com/in/robert-maynard-2105311a9?utm_source=1851franchise.com&utm_medium=article&utm_campaign=famous-toastery-wraps-up-first-half-of-2022-with-a-be-famous-attitude-2719330" target="_blank" rel="nofollow">Robert Maynard</a>. “The industry continues to grow quarter after quarter, with more and more people using these restaurants as the hub of their social interactions, whether that be with businesses, churches, families or organizations. It is an exciting time to be in casual dining and the breakfast industry.”On the consumer side, Mabry says the brand continues to adapt in order to keep those customers satisfied and stand out in the booming segment. For example, the brand is in the process of testing a new menu layout, including updated colors and a refreshed design. “We have had great feedback from the consumer so far,” he said. “As we go into Q3 and Q4, we are also in the process of renegotiating our broad line distributor to strengthen our costs of goods and commodities at the unit level.”Famous Toastery has also been rolling out new menu items, created from feedback taken by customers, including a protein power bowl, shrimp and grits and a partnership with Abby’s Better Nut Butter.&nbsp;In addition to record-breaking sales, the first half of this year also saw Famous Toastery reaching new levels of franchisee support, particularly through the growth of its leadership team.&nbsp;<a href="https://www.linkedin.com/in/lorna-martinez-26461834/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=famous-toastery-wraps-up-first-half-of-2022-with-a-be-famous-attitude-2719330" target="_blank" rel="nofollow">Lorna Martinez</a> has taken over as the brand’s Director of Marketing, for example, and&nbsp;<a href="https://www.linkedin.com/in/jude-colangelo-0999761?utm_source=1851franchise.com&utm_medium=article&utm_campaign=famous-toastery-wraps-up-first-half-of-2022-with-a-be-famous-attitude-2719330" target="_blank" rel="nofollow">Jude Colangelo</a> joined the Famous Toastery team as the brand’s CFO.&nbsp;<a href="https://www.linkedin.com/in/eric-gustafsson-32b6a026?trk=public_profile_samename_profile_profile-result-card_result-card_full-click&utm_source=1851franchise.com&utm_medium=article&utm_campaign=famous-toastery-wraps-up-first-half-of-2022-with-a-be-famous-attitude-2719330" target="_blank" rel="nofollow">Eric Gustafsson</a> joined as Vice President of Franchise Development and&nbsp;<a href="https://www.linkedin.com/in/joe-gillie-27684246/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=famous-toastery-wraps-up-first-half-of-2022-with-a-be-famous-attitude-2719330" target="_blank" rel="nofollow">Joe Gillie</a> came on as Vice President of Operations.&nbsp;“This is a people business, and we need to have the highest level of people in place to execute our goal,” said Maynard. “We’ve gone all-in on people and process so we can get franchisees the support, help and direction they need as the brand is starting to grow rapidly. We know what we’ve done right and what we’ve done wrong in the past, and putting the right team in place will help us expand with new initiatives and ideas. We are clearly on track to double in size, but it takes a lot of work and time to open those stores. Having the right people in place to support franchisees every step of the way is so important for our business moving forward.”For example, as part of the brand’s “Be Famous” approach, the team is now working on emphasizing a‘“Famously Fresh” consumer offering across its system. “We believe in the power of great food, made famously fresh every day,” said Mabry. “Our scratch kitchen allows us to serve you something that's famously yours.”Another example of a new growth initiative, Famous Toastery spent the first half of 2022 revamping its online presence, including an updated franchise development website. “We want to better convey who we are and what we want to accomplish when it comes to development,” said Mabry. “We know we have the&nbsp;<a href="https://1851franchise.com/famoustoastery/why-franchise-prospects-should-choose-famous-toastery-over-the-competition-2715124#featured">strongest better breakfast brand</a> in the Carolinas, and it is time to double down on that and start to attract those individuals who want to come along and be famous with us.”Looking to the back half of the year and beyond, the Famous Toastery team&nbsp;<a href="https://1851franchise.com/famoustoastery/famous-toastery-enters-2022-on-pace-to-double-units-to-50-by-2024-2717878#featured">aims to have 50 locations open</a> by the end of 2024. Five to seven of those deals will be in&nbsp;<a href="https://1851franchise.com/famoustoastery/famous-toastery-is-ready-to-close-out-the-north-carolina-market-through-franchising-2715105#featured">North Carolina</a>, and the rest in&nbsp;<a href="https://1851franchise.com/famoustoastery/how-famous-toasterys-best-breakfast-in-town-plans-to-tackle-south-carolinas-massive-growth-market-2715106#featured">South Carolina</a>, Tennessee, Virginia and Florida.&nbsp;“We are ready to ramp up our expansion significantly, but the ultimate mission right now is to find the&nbsp;right partners who can come in and help us grow at the unit level,” said Mabry. “Wrapping up the first half of 2022, we believe the sum of our parts is greater than all individual pieces. Each of the new initiatives and strategies we launched at the start of this year are complimenting our ultimate goal — to be famous.”The cost to open a Famous Toastery franchise ranges from $575,500 to $999,500 including a franchise fee starting at $45,000. To learn about franchising opportunities, please visit <a href="www.bestbreakfastfranchise.com" target="_blank" rel="nofollow">www.bestbreakfastfranchise.com</a>.&nbsp;

Famous Toastery Wraps Up First Half of 2022 with a “Be Famous” Attitude

1851 Franchise

The breakfast and lunch concept is making its mark in the industry as it continues to increase year-over-year sales, roll out new design features, build out its corporate team and give franchisees the opportunity to “be famous” in their community by establishing a beloved neighborhood restaurant.

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How much can franchisees make? It’s a question many prospective owners ask before investing in a franchise. While earnings tend to be driven by variables such as industry, location and general management skills, a proper understanding of the key factors driving profitability can help franchise owners develop expectations that are realistic.&nbsp;Multi-unit franchisee&nbsp;<a href="https://www.linkedin.com/in/mangesh-patel-9368569/">Mangesh Patel</a>, who’s readying the launch of six&nbsp;<a href="https://www.beefobradysfranchise.com/">Beef ‘O’ Brady’s</a> restaurant locations in the Macon, Georgia area, shares insights from his franchising experience.<h2>Understanding Franchise Income</h2>Keeping operational costs in check can have a major impact on overall earnings. Taking a proactive approach to expenses such as food and labor, as well as payroll and scheduling, can help align actual franchise income with general expectations for the business.“I just had a meeting with a couple of people, and they said, ‘You talked about a 25% profit margin, but I’m only doing 12%.’ So, I looked at the figures they sent me,” Patel said. “Their&nbsp;<a href="https://1851franchise.com/calculate-restaurant-franchise-profit-2730476">restaurant</a> food cost was running at 37%, which should be around 30%. The national average is about 32%. If I do things correctly, my average food cost needs to be at or below 30%. And payroll should run around 18%. But many people run 25 to 28%.”So,&nbsp;<a href="https://1851franchise.com/unraveling-franchise-earnings-how-much-can-you-really-make-2723935">how much can franchisees make</a>? Here are five areas to consider.<h2>Practical Tips for Prospective Franchisees</h2><ol><li>Control Costs From Day One:&nbsp;It’s important to monitor payroll, food and supply costs closely. Overstaffing and inefficiencies can quickly reduce profits.</li><li>Plan For The Opening Surge:&nbsp;Traffic within the first few months of opening is likely to be higher. It’s important to adjust staffing and inventory accordingly, and pay close attention to how those levels change as time goes on.</li><li>Invest In Training:&nbsp;Properly trained workers can help reduce waste and improve overall service, which has a direct effect on net income.</li><li>Understand Your Market:&nbsp;Each market is unique and revenue potential will vary depending upon location, demographics and competition.</li><li>Track Metrics Regularly:&nbsp;Food cost percentages, labor ratios and weekly sales data act as key indicators operations may need to be adjusted.</li></ol><h2>What Profitability Really Comes Down To</h2>Patel notes that if franchise owners manage labor and costs properly, it’s not impossible to achieve strong cash flow even in the first year, bucking some franchising trends.So,&nbsp;<a href="https://1851franchise.com/how-much-can-you-make-as-a-franchise-owner-2724761">how much can franchisees make</a>? While results tend to vary, careful planning, disciplined operations and a proactive approach to assessing initial costs are essential. But by grasping and guiding the elements that drive franchise profitability, franchise owners can maximize overall business earnings, scaling a business that’s sustainable financially over the long term.Want to learn more about franchise opportunities on 1851 Franchise? Be sure to visit our&nbsp;<a href="https://1851franchise.com/power-rankings">Power Rankings</a> to read more on brands making moves.

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<a href="https://hardeesfranchising.com/">Hardee’s</a>, a 65-year-old burger chain best known for its Thickburgers and breakfast biscuits, is facing a fast-moving round of closures driven by a franchise dispute rather than a bankruptcy filing.&nbsp;<a href="https://www.inc.com/ava-levinson/hardees-shutting-dozens-restaurants/91282586">Inc. recently reported that</a> 77&nbsp;<a href="https://1851franchise.com/franchise-deep-dive-hardees-franchise-costs-fees-profit-and-data-2721286">Hardee’s</a> restaurants are expected to close within two weeks as one of the brand’s largest franchisees exits the system.&nbsp;According to the report, Hardee’s is suing&nbsp;<a href="https://www.arcburger.com/">ARC Burger</a> — a franchise operator owned by&nbsp;<a href="https://www.highbluffcap.com/">High Bluff Capital Partners</a> — alleging the company fell behind on required payments and other contract obligations. Twenty-eight locations had already gone dark as of late December, with remaining sites scheduled to shutter across eight states: Alabama, Florida, Georgia, Illinois, Missouri, Montana, South Carolina and Wyoming.&nbsp;At the center of the complaint is the franchising “stack” of ongoing fees and pass-through costs that keep a system running. ARC Burger allegedly owes more than $6.5 million, including royalties, advertising fund contributions, technology and training fees, rent and taxes, and that payments stopped in December 2024. Hardee’s also argued in the lawsuit that the franchisee’s cash flow was not being used to bring accounts current.&nbsp;Hardee’s, for its part, is framing the shutdowns as a contractual enforcement issue, not a brand-wide retrenchment. “These closures are a result of ARC Burger’s failure to cure its defaults under its franchise agreements, despite solid sales,” a Hardee’s spokesperson said.&nbsp;The situation highlights a familiar franchising pressure point: unit economics. Inc. reported that Hardee’s operates more than 1,800 U.S. restaurants and that average annual sales per location are less than $1.2 million, well below averages cited for&nbsp;<a href="https://1851franchise.com/franchise-deep-dive-wendys-franchise-costs-fees-profit-and-data-2722520">Wendy’s</a> and&nbsp;<a href="https://1851franchise.com/how-much-does-it-cost-to-buy-a-mcdonalds-franchise-2724654#stories">McDonald’s</a>. Lower volumes can leave franchisees with less room to absorb higher labor, food and occupancy costs while staying current on fees.&nbsp;Hardee’s said it is working to limit fallout for workers and communities and is looking for ways to reopen closed restaurants. For franchising, the next chapter will likely involve finding replacement operators, transferring sites and rebuilding compliance — a reminder that franchise growth depends as much on franchisee solvency and execution as it does on consumer demand.Read the original article&nbsp;<a href="https://www.inc.com/ava-levinson/hardees-shutting-dozens-restaurants/91282586">here</a>.Want to learn more about how 1851 helps franchisees find the right franchise opportunity? Visit&nbsp;<a href="https://www.1851growthclub.com">www.1851growthclub.com</a> and start your journey.

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As the health and wellness business in America continues to fill out, the fitness industry is growing alongside it. The industry now generates&nbsp;<a href="https://www.ibisworld.com/united-states/industry/gym-fitness-franchises/5599/">over $7 billion</a> in annual revenue, with a revenue increase of nearly 3% in 2023 alone.Rebounding since COVID, both big box and boutique franchises have shown&nbsp;<a href="https://athletechnews.com/fitness-franchising-by-the-numbers-10-key-stats/">membership growth</a>, with premium establishments up 21% compared to a whopping enrollment bump of almost 70% on the budget gym side.&nbsp;&nbsp;<h3>The Pros And Cons Of Big Box Gyms</h3>When it comes to choosing the right fitness franchise, there are pros and cons to each.Big box gyms are able to cast a wider net, attracting a clientele ranging anywhere from newbie to seasoned veteran, with a lower cost of entry potentially attracting even the marginally curious to the idea of a well-established, properly marketed brand.&nbsp;Big box and other low-cost fitness franchises are also able to capitalize on services like personal training and retail amenities, increasing revenue.Driven by recurring membership fees, big box gyms generally cost less. However, the wider net cast in terms of building a clientele, tends to require more equipment in a bigger space, increasing costs like rent. And with a wider array of workout machines to both service and maintain, additional costs tend to follow.<h3>The Pros And Cons Of Boutique Fitness Concepts</h3>On the boutique side, franchises are typically able to offer a more personalized fitness experience, catering to niche markets with an eye on community, quality and loyalty. However, a more hands on approach to management and day-to-day operations may also be necessary to deliver the more customized, immersive experience often demanded of the more boutique environment.As a result, boutique fitness concepts are typically able to capitalize on a more premium pricing model driven by the idea of exclusivity.But, while less equipment in a smaller space can help rein in expenses, it can also be difficult to build the more specific clientele required by the boutique experience, rendering selection of proper location crucial.<h3>Finding The Right Fit</h3>As potential franchisees assess the available opportunities in the fitness franchise realm, it’s important to ponder a number of factors which can impact the bottom line.In terms of budgeting, a full understanding of both initial investment and ongoing operational costs is crucial.&nbsp;Getting to know the customer and surrounding area can help franchisees assess just how much the consumer is looking to pay for a gym membership, helping clarify the big box versus boutique decision when it comes to the question of how to buy a franchise.There’s also market saturation, with big box gyms in particular becoming an increasingly crowded marketplace.On the management side, it’s important for franchisees to seize upon a specific approach, whether it’s applying a more hands on style to the level of personal interaction required on the boutique side or focusing on the moving parts in play in the larger, more complex big box environment.&nbsp;When it comes to buying a fitness franchise, an understanding of the consumer, proper assessment of the marketplace and specific approach to management can go a long way towards avoiding potential risk, helping franchisees find success as they ponder entrepreneurship via fitness franchises.For more info on fitness franchises, check out these related stories on 1851 Franchise:<ul><li><a href="https://1851franchise.com/fitness-franchises-2025-trends-opportunities-2729600">The Rise of Fitness Franchises in 2025: Trends, Opportunities and What to Expect</a></li><li><a href="https://1851franchise.com/top-health-and-wellness-franchises-2729821">Top 15 Health and Wellness Franchises Opportunities for 2025</a></li><li><a href="https://1851franchise.com/fitness-wellness-franchise-guide-2729443">How To Choose the Right Fitness or Wellness Franchise for You</a></li></ul>

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As the fitness industry continues to grow fast, the decision for potential franchisees lies in whether to invest in big box or boutique gym franchise opportunities.

Famous Toastery Wraps Up First Half of 2022 with a “Be Famous” Attitude

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