Waffle House Franchise Opportunity 2020
There are two restaurant chains that trade under the name “Waffle House”. One is the United States based while the other is India based. Here is detailed information about both.
1. US Based Waffle House
Have you ever visited and ordered food in a Waffle House restaurant? If Yes, we think you would have received your meals within 10 minutes of time and walked out of the restaurant happily for under a few dollars. This attitude of Waffle House towards customers is actually the main reason that brought it popularity over the years. Of course, the restaurant doesn’t also miss on providing a great service to its customers.
Waffle House is popular for offering yummy and flavored waffles and also does well in serving breakfast, grilled biscuits, eggs, omelets, coffee, etc like food items to its customers.
When digging the restaurant’s history, we come to know that it was back in 1955, when Joseph W. Rogers(who passed away recently) and Tom Forkner co-founded first Waffle House in Avondale Estates, Georgia. Post five years of its establishment, the company began to provide a franchise. That time, the 4th restaurant outlet was already opened by the company. The company grew further into 27 stores and as of today, operates at more than 2100 location across 25 states in the United States.
Does Waffle House franchise?
No friends, Waffle House isn’t at this time franchising in the United States.
2. Waffle House India franchise
Launched in 2013 by Ravi Kiran and Chandra Lekha, Waffle House is a cafe restaurant where a variety of savory waffles, sandwiches, pancakes, coffee, etc are served to customers. The food served at the restaurant outlets isn’t just prepared with great care but and delicious as well.
Waffle House currently operates a total of 8 outlets, most of them are operational in Hyderabad itself while one in Bangalore city of Karnataka state.
The Hyderabad based cafe restaurant successfully added five franchise outlets since the year ( 2015 ) it becomes available for franchising. The company is now seeking the applications of prospective franchisees to scale its business across:
- Haryana, Himachal Pradesh and Jammu and Kashmir states of North India
- Andhra Pradesh, and Karnataka states of South India
- Assam state of Eastern India.
- Goa and Gujarat of Western India.
- Chhattisgarh and Jharkhand of Central India
- Chandigarh, Daman, and Diu of Union territories
The Waffle House allows the aspiring franchisees to open either a unit franchise or a master franchise.
1. Unit franchise
The required investment for opening a unit franchise of Waffle House is between INR 10lakh – 20lakh with a brand fee amounting to INR 5 lakh and 7% royalty. The space requirements are 300 – 500 square feet.
2. Master franchise
The master franchise option requires INR 30 – 40 lakh investment with INR 7 lakh as brand fee and royalty as 7%. Area requirement is 1,000 – 1,400 square feet.