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8/10

Franchimp Summary Rating

10 /10
Lower than 0% of peers
6 /10
Lower than 42% of peers

Franchisee Attrition

10 /10
This franchise's rate of attrition in 2023 of 0.00% was Lower than the 2% in the Restaurants (Sit-Down) industry. Generally speaking, a higher rate of attrition represents a less stable franchise system and a lower rate of attrition indicates a more successful system
What's Included in franchise attrition?
We define the franchisee attrition rate as the sum of terminations, re-acquisitions by franchisor, non-renewals, and ceased operations, divided by the number of outlest at the start of the year. It is a strong indicator of the strength of the underlying operating model

FAQ

How much investment do I need to start my own WAFFLE HOUSE business?
We aren't sure how much money you will need to start a WAFFLE HOUSE franchise. However, we can tell you that franchisees also operating in the Food & Beverage industry typically require $231,799 to $631,852 investment to start their franchise
What are the initial franchise fees for WAFFLE HOUSE?
We don’t know exactly how much the franchise fees are for WAFFLE HOUSE, but we can tell you that other franchises in the Food & Beverage sector typically need to pay between $33,957 and $69,104 to the franchisor
How much money can I make with a WAFFLE HOUSE franchise? What are the average revenues for a typical WAFFLE HOUSE business?
We haven’t done the math on how much revenue a typical WAFFLE HOUSE brings in each year. We estimate that other franchisees in the Food & Beverage industry generate $0 revenue, so we would expect WAFFLE HOUSE to generate a similar amount
How long do I need to commit to running a WAFFLE HOUSE unit? What is my contractual commitment?
The standard length for an initial franchise contract is 10 years. Renewals are also generally 10 years

Accessibility

6 /10
The Franchisor's investment costs ranges from $378,270 to $1,638,554 which is Much Lower than the $931,012 to $1,843,346 average in the Restaurants (Sit-Down) 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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