Are you looking for an exciting business opportunity in the restaurant industry? Have you ever considered taking advantage of a Waffle House franchise? If so, then this article is the right place to start.
Here, you will find information about all the important aspects of opening and running a Waffle House franchise: Franchise fees, profits, total investment costs, training requirements, restrictions, renewal policies, and more.
We’ll also discuss what to expect regarding return on investment (ROI) from becoming a Waffle House franchisee. With this comprehensive guide, you can make an informed decision as to whether or not a Waffle House franchise is the right fit for you.
So read on and learn about franchising with America’s favorite breakfast destination!
About Waffle House
Waffle House is a popular breakfast restaurant chain specializing in classic Southern-style fare. The menu consists of waffles, omelets, hash browns, steak and eggs, country ham, tuna melts, and other traditional favorites.
History Of The Waffle House
Waffle House was founded in 1955 by Joe Rogers, Sr., and Tom Forkner in Avondale Estates, Georgia. The restaurant opened its doors as a 24-hour business on Labor Day weekend of that year.
The two entrepreneurs shared the same vision of providing “good food fast” – a concept that resonated with the local customers who lined up outside their establishment from day one.
As the business grew, more Waffle Houses were built throughout Southeast United to meet customer demand for their signature waffles and other breakfast foods. Within five years after opening its first location, Waffle House had become a beloved household name across over 100 locations in eight states.
In 1980, the company began franchising and opened its first franchise-operated restaurant in 1981.
By the end of that decade, they had broken into 20 states and continued to expand their footprint by opening new restaurants each year after that.
As time progressed, Waffle House became one of America’s favorite breakfast options, with over 1,900 locations across 25 states as of 2020.
In 2017, the company partnered with DoorDash, allowing customers to order delivery from any participating Waffle House location via the DoorDash app or website.
Waffle House Franchise Model
|Franchise-Fee||$200,000 – $300,000|
|Area Required||50 -1000sq. Ft.|
The Benefits Of Owning A Waffle House Franchise
- Waffle House is a well-known brand in the United States, particularly in the southern states. It has already established itself as a timeless classic eatery for all.
- Waffle House is known for having a more affordable menu than its competitors. For example, a plate of waffles from IHOP costs $6.79, whereas a waffle from Waffle House costs $3.70. All of Waffle House’s other menu items are similarly under $11.
Waffle House Comparison
|Company||Waffle House||Cheesecake Factory|
|Initial Investment||$600,000- $1,000,000||$150,000-$700,000|
|Franchise-Fee||$200,000 – $300,000||N/A|
|Annual Revenue||$1 Billion||$2.93 Billion|
Frequently Asked Questions
Does Waffle House offer Franchise?
Yes, Waffle House offers a lucrative franchise opportunity to entrepreneurs.
How much does a Waffle House Franchise Cost?
Opening a Waffle House franchise requires an investment of $121,400 – $1,787,700 and an additional $200,000 to $300,000 as an initial franchise fee.
Who is the owner of Waffle House?
Waffle House is owned by Dora Charles, Inc., a privately held company of the Jones family. The company was founded in 1955 by Joe and Tom Forkner when they opened their first location in Avondale Estates, Georgia.
Amit Gupta is the founder of DrFranchises – a digital marketing agency that helps brands rank better on Google Maps through local SEO strategies. Amit has over 11 years of experience in digital marketing, SEO, email marketing, and social media marketing. He’s also the owner of multiple franchises and has helped countless brands achieve success online. When he’s not working, Amit can be found playing with his dog.