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Below is an in-depth analysis and side-by-side comparison of Royal Waffle King vs Famous Toastery including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $434,900 - And Up | $600,500 - $1,024,500 |
Franchise Fee | $20,000 | $40,000 |
Royalty Fee | - | 5% |
Advertising Fee | - | 1%-2% |
Year Founded | - | 2005 |
Year Franchised | - | 2013 |
Term Of Agreement | - | 10 Years |
Term Of Agreement | - | 10 Years |
Renewal Fee | - | 0 |
Business Experience Requirements |
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Experience | - | - |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/- | -/Yes |
Start-up Costs | -/- | -/Yes |
Equipment | -/- | -/Yes |
Inventory | -/- | -/Yes |
Receivables | -/- | -/Yes |
Payroll | -/- | -/Yes |
Training & Support |
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Training | - | On-The-Job Training: 744 hours Classroom Training: 32 hours |
Support | - | Newsletter Meetings/Conventions Grand Opening Security/Safety Procedures Field Operations Site Selection |
Marketing | - | Ad Templates Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
Operations | - | - |
Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | - | - |
International Expansion | - | - |
Royal Waffle King restaurants are strategically located along major highways. Primarily, we are concentrating on major cities in and around the southeast, along with well established smaller communities with strong owner operator franchisees.
When possible common-used properties with other companies are used to secure superior locations. By offering you the option of choosing a store that’s co-branded with key regional anchor stores like motels, truck stops, convenience stores and strip shopping centers. This synergistic technique of joint property usage also allows us to reduce building costs of common property features like grading, driveways, paving, utilities, joint signage etc.
Expansion at Royal Waffle King is carefully planned. We currently have sites planned all over the southeast with new store construction starting on a continuous schedule.