Actually, we’ve written this post to provide collective yet best answers to several questions about Waffle House franchise asked by a Clinton Township, Michigan based user Julius Sadach.
” Hi! my name is Julius Sadach and I live in Clinton Township, Michigan, United States. I have been seeking answers to several questions related to Waffle House franchise, however, I can’t find any reliable online source that can provide the latest information about the same.
That is the reason I thought to ask HFS staff directly instead of wasting time on the internet. I would like to get answers to following questions and I am hopeful to you provide me the same:
- What should I look for before buying a Waffle House franchise?
- How much does it cost to own a Waffle House franchise? “
Our Answer: Hello! Julius. Hope you are doing great. Surely, we will try our best to address all of your questions below:
If you’ve visited and ordered food in a Waffle House restaurant once( even if it was 3:00 am in morning) in your life, you most likely would have received your meals within 10 minutes and walked out of restaurant happily for under few dollars. That is exactly what has brought popularity to Waffle House over the years.
In easy words, the combination of high speed, low price and great customer service etc are few to point out reasons that have pushed success of Waffle House restaurant in its target market.
What to look for before buying a Waffle House franchise?
Prior to putting your investment in a franchise whether it is a Waffle House, Dave and Buster’s, Wawa, Zara or any other franchise, you should consider following important tasks to ensure that your investment doesn’t go waste:
1. Learn about company
First, what we call the most crucial step is that you should know in and out of the franchiser by checking its background, market reputation, growth etc properly.
Back in 1955, Joseph W. Rogers(who passed away recently) and Tom Forkner co-founded first Waffle House in Avondale Estates, Georgia. In 1960, when company opened its 4th restaurant, started offering franchises and gradually grew into 27 stores and as of today, the restaurant chain operates at more than 2,100 locations across 25 states in United States.
While the restaurant is popular for offering yummy and flavoured waffles but is exceptionally known in serving breakfast, grilled biscuits, eggs, omelettes, coffee etc like food items to its customers.
2. Check performance
The second step that you need to consider is to track the market performance. For that, you should visit established franchisees of the concerned company and collect feedback about their market success. If you find that the concerned brand’s preference among target customers is increasing, then it is a good signal for your investment.
3. Determine investment
The third important step involves determining the total franchise cost that includes franchise fees, royalty fee, total net-worth you are required by the franchising company. Ask the franchisor about the franchise cost by sending them a mail.
4. Pick a location
Once you get convinced that you have successfully performed the first three steps, find and rent a location that is ideal for setting up a franchise outlet including the Waffle House. The ideal place is one where target customers pass by in high numbers. These are some of the necessary things you should refer to first before you execute the decision of buying a franchise.
Does Waffle House restaurant franchise?
Based on our research that we have performed earlier when we received your query, we are really sorry to inform you and others who wanted to open a Waffle house franchise that Waffle House restaurant chain does not offer franchise opportunities at the present moment. However, you shouldn’t lose hope. Maybe very soon, Waffle House might fulfill your dream of owning its franchise. Thank you!