Start-Up Costs and Fees |
||
| Golden Griddle | Waffy's | |
| Investment | 100000 - 450000 | 116680 - 310000 |
| Franchise Fee | 0 | |
| Royalty Fee | 5% | 6% |
| Advertising Fee | 2% | |
| Year Founded | 1964 | 0 |
| Year Franchised | 1977 | 0 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Golden Griddle | Waffy's | |
| Experience | General business experience | |
Financing Options |
||
| Golden Griddle | Waffy's | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Golden Griddle | Waffy's | |
| Training | Using a combination of classroom and on-the-job instruction, you'll be trained in all aspects of the Waffy's franchise: business operations, administrative procedures, customer service, food preparation techniques, sales, and more. As you prepare to open your store, an experienced trainer will be on hand to help you get off to a good start. | |
| Support | Internet, Security/safety procedures, Field operations/evaluations | Operations Manual. Every aspect of the Waffy's franchise is laid out for you in this comprehensive guidebook. In addition to serving as a valuable reference tool, you'll use this manual to help train your managers. Site Selection. You'll receive guidelines for choosing an appropriate location for your Waffy's franchise. Comprehensive Web-based support system. Waffy's offers a high level of support services through its password protected franchise Web portal system which provides: Online training videos and "how-to" tutorials Online ordering from suppliers Management tools (forms, break-even analysis spreadsheets) Calendar for critical dates reminder Communication board (with Waffy's team & among franchisees) Ongoing Service and Support. As a valued member of our franchise family, you will receive continuing support and guidance. We're available by phone or email to address any questions or concerns and a Waffy's field representative will periodically visit your store. |
| Marketing | Co-op advertising, Ad slicks, Regional advertising | We'll share our expertise with you in promoting the Waffy's concept, which includes providing you with marketing and advertising materials and strategies. |
| Operations | Franchisees required to buy multiple units/master licenses; 10% of all franchisees own more than one unit Number of employees needed to run franchised unit: 20 - 30 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | |
Expansion Plans |
||
| Golden Griddle | Waffy's | |
| US Expansion | ||
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Golden Griddle | |
| Waffy's | |
| Franchise Fee | |
| Golden Griddle | |
| Waffy's | |
| Royalty Fee | |
| Golden Griddle | 5% |
| Waffy's | 6% |
| Advertising Fee | |
| Golden Griddle | |
| Waffy's | 2% |
| Year Founded | |
| Golden Griddle | 1964 |
| Waffy's | 0 |
| Year Franchised | |
| Golden Griddle | 1977 |
| Waffy's | 0 |
| Term Of Agreement | |
| Golden Griddle | 10 years |
| Waffy's | |
| Renewal Fee | |
| Golden Griddle | |
| Waffy's | |
Business Experience Requirements |
|
| Experience | |
| Golden Griddle | General business experience |
| Waffy's | |
Financing Options |
|
| Franchise Fees | |
| Golden Griddle | No |
| Waffy's | No |
| Start-up Costs | |
| Golden Griddle | |
| Waffy's | |
| Equipment | |
| Golden Griddle} | |
| Waffy's | |
| Inventory | |
| Golden Griddle | |
| Waffy's | |
| Receivables | |
| Golden Griddle | |
| Waffy's | |
| Payroll | |
| Golden Griddle | |
| Waffy's | |
Training & Support |
|
| Training | |
| Golden Griddle | |
| Waffy's | Using a combination of classroom and on-the-job instruction, you'll be trained in all aspects of the Waffy's franchise: business operations, administrative procedures, customer service, food preparation techniques, sales, and more. As you prepare to open your store, an experienced trainer will be on hand to help you get off to a good start. |
| Support | |
| Golden Griddle | Internet, Security/safety procedures, Field operations/evaluations |
| Waffy's | Operations Manual. Every aspect of the Waffy's franchise is laid out for you in this comprehensive guidebook. In addition to serving as a valuable reference tool, you'll use this manual to help train your managers. Site Selection. You'll receive guidelines for choosing an appropriate location for your Waffy's franchise. Comprehensive Web-based support system. Waffy's offers a high level of support services through its password protected franchise Web portal system which provides: Online training videos and "how-to" tutorials Online ordering from suppliers Management tools (forms, break-even analysis spreadsheets) Calendar for critical dates reminder Communication board (with Waffy's team & among franchisees) Ongoing Service and Support. As a valued member of our franchise family, you will receive continuing support and guidance. We're available by phone or email to address any questions or concerns and a Waffy's field representative will periodically visit your store. |
| Marketing | |
| Golden Griddle | Co-op advertising, Ad slicks, Regional advertising |
| Waffy's | We'll share our expertise with you in promoting the Waffy's concept, which includes providing you with marketing and advertising materials and strategies. |
| Operations | |
| Golden Griddle | Franchisees required to buy multiple units/master licenses; 10% of all franchisees own more than one unit Number of employees needed to run franchised unit: 20 - 30 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
| Waffy's | |
Expansion Plans |
|
| US Expansion | |
| Golden Griddle | |
| Waffy's | |
| Canada Expansion | |
| Golden Griddle | |
| Waffy's | |
| International Expansion | |
| Golden Griddle | |
| Waffy's | |