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Below is an in-depth analysis and side-by-side comparison of Le Peep vs Waffle Brothers including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $100,000 - $550,000 | $161,000 - $288,750 |
Franchise Fee | $30,000 | $40,000 |
Royalty Fee | 5% | 5% |
Advertising Fee | - | - |
Year Founded | 1981 | - |
Year Franchised | 1992 | - |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | - | - |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/- | -/- |
Start-up Costs | -/- | -/- |
Equipment | -/- | -/- |
Inventory | -/- | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
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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. | - |
Support | Operation, customer service, staff training, team building and many other aspects of running a successful business. | - |
Marketing | - | - |
Operations | - | - |
Expansion Plans |
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US Expansion | Yes | - |
Canada Expansion | Yes | - |
International Expansion | Yes | - |
The business of Master Franchising is growing as more and more people find out about the opportunity to own, develop and support a territory through franchising. One of the attractive reasons for owning a Master Franchise is the passive income it can generate through the royalty stream. It is also a very attractive investment for many who want to own their own business, for those who possess management, leadership or consulting experience and for those looking to own a business and to not have to work 50-60 hours a week every week. Master Franchises typically cost from 150K-over 300K. The role of the Master or also called Regional Developer is to grow their territory through franchise sales and to provide support to their franchisees. Waffle Brothers provides training to the Masters on how to do just that. Masters make their money on franchise sales splitting the franchise fee with the franchisor 50/50 and through receiving 2.5% of franchisees gross revenue through royalties as well. A mature royalty stream has shown to produce a very attractive passive income. It is for these facts that Master Franchising is one of the best kept secrets in business today. For more information on Master Franchising and Waffle Brothers please fill out our information form.