10/10

Franchimp Summary Rating

10 /10
Lower than 0% of peers

Franchise Summary

Description
Wafels Dinges is a popular food franchise in New York City known for its delicious Belgian Liège waffles, which feature rich dough and caramelized sugar pearls, along with a variety of toppings. Operating through food trucks and kiosks, the brand emphasizes quality ingredients and authentic recipes, creating a fun dining experience for both locals and tourists.
Corporate Structure
We are a Delaware limited liability company formed on November 30, 2021. We are a wholly owned subsidiary of Belgo Holdings LLC, a New York limited liability company (“Parent”) formed on July 24, 2014. Our principal business address is 8401 Park Meadows Center Drive, Unit 5555, Lone Tree, CO 80124. Parent's principal business address is 264 Butler Street, Brooklyn NY 11217. You will operate your Franchised Business under the name and mark “Wafels & Dinges” (a “Franchised Business,” “W&D Unit,” or “Unit”). Our affiliate Belgo Franchisor International LLC, a Delaware limited liability company, was formed on January 4, 2019. Its principal address is the same as our principal business address.

Earnings Transparency

10 /10
This Franchise discloses far more about the financial performance of their franchisees compared to other franchises in the same industry.

Why do some franchises disclose more than others?
There are many reasons why a brand may choose to not include item 19 on their FDD: they could be a newer franchise, they may be in a unique industry that is not super profitable or well-known yet

Financial Performance of "Standard" Units

Average Revenue Per Unit

Compared vs. Dessert Shops Industry

$900,127 / unit

Franchise Type: Standard

Average Revenue During 2021

Franchise Types Available

# Type Investment Fees

Employee Contact Database

# Name Position Phone Number Email Address

FAQ

How much investment do I need to start my own Wafels Dinges business?
Franchisees typically require at least $217 to $498 investment to get their Wafels Dinges business started
What are the initial franchise fees for Wafels Dinges?
Franchisees typically need to pay at least $35 in fees directly to Wafels Dinges in order to earn the right to launch their business
How much money can I make with a Wafels Dinges franchise? What are the average revenues for a typical Wafels Dinges business?
We haven’t done the math on how much revenue a typical Wafels Dinges brings in each year. We estimate that other franchisees in the Food & Beverage industry generate $900,127 revenue, so we would expect Wafels Dinges to generate a similar amount
How long do I need to commit to running a Wafels Dinges unit? What is my contractual commitment?
The standard length for an initial franchise contract is 10 years. Renewals are also generally 10 years

Accessibility

10 /10
The Franchisor's investment costs ranges from $217,800 to $498,650 which is Lower than the $0 to $0 average in the Dessert Shops industry
What determines the investment cost?
Item 7 of the Franchise Disclosure Document lays out the full list of initial investment costs, including the fee payable to the franchisor, security deposits, equipment, professional fees etc

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