Le Peep vs Waffy's Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Le Peep vs Waffy's including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Le Peep Franchise
Waffy's Franchise
Investment $100,000 - $550,000$116,680 - $310,000
Franchise Fee $30,000$30,000
Royalty Fee 5%6%
Advertising Fee -2%
Year Founded 1981-
Year Franchised 1992-
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements

 
Le Peep Franchise
Waffy's Franchise
Experience --

Financing Options

 
Le Peep Franchise
Waffy's Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support

 
Le Peep Franchise
Waffy's Franchise
Training Your training will take place in a working Le Peep� restaurant, so that you can get real life experience as you learn. It entails approximately 7 weeks and covers every position in the restaurant. You will receive a Training Manual to study, as well as working each position. We do not charge you for the training, but you are responsible for your own living and travel expenses associated with it.

Using a combination of classroom and on-the-job instruction, you'll be trained in all aspects of the Waffy's franchise: business operations, administrative procedures, customer service, food preparation techniques, sales, and more. As you prepare to open your store, an experienced trainer will be on hand to help you get off to a good start.

Support Operation, customer service, staff training, team building and many other aspects of running a successful business.

Operations Manual. Every aspect of the Waffy's franchise is laid out for you in this comprehensive guidebook. In addition to serving as a valuable reference tool, you'll use this manual to help train your managers. Site Selection. You'll receive guidelines for choosing an appropriate location for your Waffy's franchise. Comprehensive Web-based support system. Waffy's offers a high level of support services through its password protected franchise Web portal system which provides: Online training videos and "how-to" tutorials Online ordering from suppliers Management tools (forms, break-even analysis spreadsheets) Calendar for critical dates reminder Communication board (with Waffy's team & among franchisees) Ongoing Service and Support. As a valued member of our franchise family, you will receive continuing support and guidance. We're available by phone or email to address any questions or concerns and a Waffy's field representative will periodically visit your store.

Marketing -

We'll share our expertise with you in promoting the Waffy's concept, which includes providing you with marketing and advertising materials and strategies.

Operations --

Expansion Plans

 
Le Peep Franchise
Waffy's Franchise
US Expansion Yes-
Canada Expansion Yes-
International Expansion Yes-

Company Overviews

About Le Peep

THIS IS NOT A FRANCHISE THIS IS A LICENSEE OPPORTUNITY
The beauty of the Le Peep concept is its simplicity. Fresh as the day it was conceived. Superior quality. Reasonable Prices. Excellent perceived value. Far from "fast food". Le Peep meals are always satisfying and nutritious. A proven approach to management. A creative approach to an evolving menu. And operating standards as strict as your mom's. That's what keeps Le Peep... Le PeepManagers and staff enjoy working at Le Peep. They work with smiles and pride. Le Peep has a special effect on the public, too. Customers return repeatedly, regulars bringing friends, discovering the charm of a homelike setting where conversation and business flow together easily.Le Peep is a philosophy.Le Peep is a proven food service package. Le Peep is one great meal after another. Developed, tested, then presented to an appreciative public. Le Peep is that extra special eating experience the public calls "a real find." Even the hardest to please newspaper, radio and television food critics rate Le Peep "The Best in Town" - Town-after- Town.
What a concept. What a difference. What a perfectly mouth-watering opportunity for the discriminating restaurateur or developer. A Message from Our CEO After 25 years with the company, I am proud to be the President and CEO of Le Peep, a company that has been and continues to be the forerunner in the breakfast and lunch segment. We are the original and best breakfast and lunch restaurant chain and have been setting a standard in this segment for over four decades. We use the freshest and highest quality of ingredients. We take pride in treating our guests with the best and warmest hospitality, to recreate that feeling like they are at a family member's house. I am dedicated to continuing the great tradition of success and innovative ideas. If this concept and my goals sound like what you are looking for and you want to be a part of our family and enjoy the Le Peep life style with me, you may just find your place as a licensee. We look forward to hearing from you! ~ Kevin Wessel ~

About Waffy's

Owning a Waffy's franchise puts you on the ground floor of an exciting new concept with broad appeal.
Waffy's has developed an easy to operate franchise model incorporating the best practices of franchise systems and procedures garnered from years of franchise experience that are capable of producing strong unit economics.Waffy's offers a large array of unique, artisanal Belgian waffle products that can be enjoyed at any time of the day. Waffy's uses only fresh wholesome ingredients and follows the best European baking techniques. Waffy's is an attractive concept because its business model is streamlined and simple to operate. Minimum or no food experience required. Most of the equipment is automated, reducing labor costs. Easy to use and highly robust POS system, helps control inventory, manage schedules and run financial reports.Waffy's offers you a choice of three flexible, affordable franchise models to accommodate your location and budgets: an in-line store, mall food court and kiosk. In addition, Waffy's also offers you the ability to extend your sales off-site via Catering and Mobile Food Cart.Waffy's offers a lower cost of entry compared to similar concepts, combined with strong unit economics, which allows a faster return on investment.