The popularity of Belgian waffles has soared in recent years, making it a promising opportunity for entrepreneurs looking to invest in the food and beverage sector. A Belgian waffle franchise offers a blend of a beloved product and a proven business model, ensuring a potentially profitable venture. In this blog, we'll delve into the costs involved, profit potential, and steps to get started with a Belgian waffle franchise in 2024, with insights on how Tradesworld can support you throughout the process.
Opening a Belgian waffle franchise involves several expenses, including the initial franchise fee, store setup, equipment, inventory, and marketing. Here’s a detailed breakdown of the estimated costs:
Franchise Fee-2 lakhs
Estimated setup cost-5 to 9 lakhs
Initial Inventory-1 to 2 lakh
Security Deposit-1.5 lakh
Royalty Fee-8.5%
Working Capital-3 lakh
Franchise Agreement-3 years
Total Investment-10 to 13 lakh
A Belgian waffle franchise offers substantial profit potential due to the growing demand for this delicious treat. Here’s an overview of the potential financial performance:
Total Belgian Waffle Franchise cost-10 to 20 lakhs
Net Profit Margin-18 to 25%
Return on Investment-13 to 15 months
Tradesworld specializes in facilitating franchise setups, providing comprehensive support throughout the process. Here’s how Tradesworld can assist:
Tradesworld helps identify prime locations for your Belgian waffle franchise, ensuring high visibility and accessibility. Services include:
Tradesworld offers support in securing financing through:
Tradesworld manages the project from start to finish, ensuring timely and cost-effective completion. Services include:
Franchisees typically need to pay ongoing royalty fees, which are a percentage of the monthly gross sales. These fees support the brand’s national marketing efforts and ongoing operational support.
To open a Belgian Waffle franchise cost is 10 to 13 lakhs for the Kiosk model and 15 to 20 lakhs for the Cafe model. This investment includes franchise fees, initial inventory, working capital, and others.
As a franchisee of Belgian Waffle, you can expect an 18–25% net profit margin after deducting all expenses.
In conclusion, Belgian Waffle Franchise Cost and Profit Potential in 2024. The Belgian Waffle Co. franchise is the best option for entrepreneurs with its brand reputation, marketing support, training support, ongoing support, and 10 to 20 lakh investment. You can choose whichever franchise model you like. It provides a healthy net profit margin between 18 and 25%. Franchisees can recover the initial investment within 13 to 15 months. Before you make your decision, also consider that franchisees need to pay 8.5% royalty fees. Business success mostly depends on the location you choose.
we offer a comprehensive package designed to maximize your selling potential. Here's what you can expect when you buy our package
sale Business, Land, Property, Farm, Company, Franchise arrow_forwardCopyright © 2022-2024 Buy a Business | Sell a Business | Buy Franchise | Trades World. Proudly powered by Sky White Infotech Pvt. Ltd.