Waffle restaurant
ABC-CO - NASDAQ
The investment required to open a Waffy's Franchise is between $116,680 - $310,000 . There is an initial franchise fee of $30,000 which grants you the license to run a business under the Waffy's name.
| Expense | In-House | Third Party |
|---|---|---|
| Franchise Fee | N/A | N/A |
| Startup Costs | N/A | N/A |
| Equipment | N/A | N/A |
| Inventory | N/A | N/A |
| Accounts Receivable | N/A | N/A |
| Payroll | N/A | N/A |
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
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
We'll share our expertise with you in promoting the Waffy's concept, which includes providing you with marketing and advertising materials and strategies.
How much money you could make as a Waffy's Franchise owner depends on a wide variety of factors. As a business owner, your primary goals are to strive for high sales while keeping your oper_ating costs as low as possible while still maintaining quality products and service. The monthly oper_ating costs that you will incur as a Waffy's Franchise owner may include royalty fees, rent or mortgage, staffing, products, supplies, utilities, administrative costs and other things. Although your monthly oper_ating costs may vary from month to month, your start up costs are typically fixed and they will cover the majority of your initial oper_ating equipment, signage, and renovations.
Legal Disclaimer: This information is not a franchise offering for Waffy's and should not be construed as such. The Franchise Mall makes every effort to maintain accurate franchise data but does not guarantee nor assume liability for incorrect data. We recomend that anyone seriously interested in pursuing a Waffy's franchise opportunity, review that franchise's Franchise Disclosure Document (FDD) with an attorney and accountant.