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Below is an in-depth analysis and side-by-side comparison of Mrs. Fields vs Waffle Cabin including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $166,806 - $410,500 | $117,700 - $301,100 |
Franchise Fee | $30,000 | $17,500 |
Royalty Fee | 6% | 5% of Gross Sales |
Advertising Fee | - | - |
Year Founded | 1977 | 1998 |
Year Franchised | 1990 | 2012 |
Term Of Agreement | 7 years | - |
Term Of Agreement | 7 years | - |
Renewal Fee | - | 1,000 |
Business Experience Requirements |
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Experience | - | |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/Yes | -/- |
Start-up Costs | No/Yes | -/- |
Equipment | No/Yes | -/- |
Inventory | No/Yes | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
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Training | - | - |
Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | - |
Marketing | Ad slicks, National media | - |
Operations |
International franchisees required to buy multiple units/master licenses
Absentee ownership of franchise is allowed. | - |
Expansion Plans |
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US Expansion | - | - |
Canada Expansion | No | - |
International Expansion | Yes | - |
Authentic Belgian Sugar waffles on the slopes of ski resorts in the North East. Liege style waffles served with or without chocolate drizzle.