![]() ![]() The initial franchise fee is $37,500 for a defined protected territory with the requirement of a minimum of 150,000 people or a radius of 5 miles. The Waffle Experience is located in California, and it has four locations. The franchise serves salads, sandwiches, breakfast plates, fries, and of course waffles. The Waffle Experience is a brunch restaurant franchise. Alternative The Waffle Experience Franchise Costsĭon’t worry, there is an alternative to Waffle House, which is Waffle Experience. Waffle House is a privately held company and is owned by Joe Roger’s son, Joe Roger Junior. Forkner suggested the name “ Waffle House” since waffles were the most profitableitem on their menu. It was founded by Joe Rogers Sr.and Tom Forkner where Rogers came up with an idea of fast food service with 24-hour service. The first Waffle House opened in Avondale Estates, Georgia in 1955. But don’t be distraught, there are still Waffle franchises that are similar to Waffle House that is similar to this business. The large profits cause this franchise to be very competitive, thus making it difficult to own a Waffle House. Although, Waffle House make a large amount of revenue, which can translate to a large profit. This doesn’t include capital, which can cost between $600,000 to $1 million. Also, the Waffle House franchise is extremely expensive! The franchise fee can cost around $200,000 to $300,000. To be a franchise owner you need to make connections within the company and there is an extremely long waitlist. Although Waffle House is a franchise, it’s extremely difficult to be a franchisee owner of Waffle House. ![]()
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