Waffle Cabin is a quick-serve restaurant serving Belgian sugar waffles and beverages such as coffee, tea, and hot cocoa. The franchise utilizes proprietary recipes and branding to deliver a unique quick-service experience.
Key Insights
- The Waffle Cabin has a history rooted in providing a specialized treat, originating from a desire to create a unique and memorable culinary experience. The business has evolved from its beginnings, focusing on a core product that appeals to a broad customer base seeking a sweet indulgence.
- The franchise operates as a specialized food service provider, focusing on the production and sale of a signature Belgian-style waffle. Units are designed for efficient preparation and service, often situated in high-traffic locations that attract impulse purchases and dedicated patrons alike.
- The business exists within the broader quick-service restaurant and specialty food sector. This industry segment experiences consistent consumer demand for convenient and enjoyable food options, particularly those offering a unique flavor profile and satisfying treat.
Franchise Fee and Costs to Open
Exploring the financial picture of Waffle Cabin gives insight into both the upfront commitment and the potential revenue opportunity. According to FDD Item 7, opening this franchise typically involves an investment in the range of $93,450 - $225,700, along with a franchise fee of $23,500 - $23,500.
Financial Performance and Revenue
Yearly gross sales of $130,565 and estimated earnings of $15,668 - $19,585 show the potential financial performance of this franchise. These figures are crucial for prospective franchisees as they help to project revenue and profitability. They offer insight into the business's ability to generate income and can be used to compare its performance against other investment opportunities. The Franchise Payback Period of 9.6-11.6 provides an estimation of the time it might take for an owner to recover their initial investment. This metric is a key consideration for anyone evaluating the financial viability of a franchise, as it relates directly to the speed at which the business can become profitable. A shorter payback period can indicate a faster return on capital, which is a significant factor in making an informed decision about a franchise investment.
Training and Resources
Waffle Cabin provides comprehensive initial training for all new franchisees. This program, approximately two weeks in duration, is conducted at Waffle Cabin's corporate training facility. Franchisees will receive instruction on operational procedures and brand standards. Waffle Cabin also offers ongoing support and resources to help franchisees navigate the launch and ongoing management of their Waffle Cabin location.
Legal Considerations
Legal considerations for a Waffle Cabin franchisee are defined by the Franchise Disclosure Document (FDD) and the Franchise Agreement. This franchise does not disclose lawsuits or bankruptcy information in its FDD, but prospective franchisees should still review all terms thoroughly. Consultation with a qualified attorney is essential before making commitments.
Challenges and Risks
Operating a Waffle Cabin franchise may present considerations around localized tastes and preferences, requiring menu adaptation or targeted marketing. The unique preparation of waffle products introduces operational intricacies demanding consistent staff training and adherence to brand standards. Furthermore, reliance on a specific supplier for signature ingredients necessitates robust inventory management and contingency planning for any disruptions in that supply chain.
Franchise Datasheet
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