Waffy's vs Famous Toastery Franchise Comparison

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

Start-Up Costs and Fees
 
Waffy's Franchise
Famous Toastery Franchise
Investment $116,680 - $310,000$600,500 - $1,024,500
Franchise Fee $30,000$40,000
Royalty Fee 6%5%
Advertising Fee 2%1%-2%
Year Founded -2005
Year Franchised -2013
Term Of Agreement -10 Years
Term Of Agreement -10 Years
Renewal Fee -0


Business Experience Requirements
 
Waffy's Franchise
Famous Toastery Franchise
Experience --

Financing Options
 
Waffy's Franchise
Famous Toastery Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/Yes
Start-up Costs -/--/Yes
Equipment -/--/Yes
Inventory -/--/Yes
Receivables -/--/Yes
Payroll -/--/Yes

Training & Support
 
Waffy's Franchise
Famous Toastery Franchise
Training

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.

 On-The-Job Training: 744 hours Classroom Training: 32 hours
Support

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.

Newsletter Meetings/Conventions Grand Opening Security/Safety Procedures Field Operations Site Selection
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.

Ad Templates Regional Advertising Social media SEO Website development Email marketing Loyalty program/app
Operations --

Expansion Plans
 
Waffy's Franchise
Famous Toastery Franchise
US Expansion -Yes
Canada Expansion --
International Expansion --

Company Overviews

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.

About Famous Toastery

Share the Toastery Love

It’s no secret that breakfast, lunch and brunch restaurants have captured American’s hearts and the interest of restauranteurs nationwide. The hours are ideal. The table turnover is profitable. And as a bonus, you meet some remarkable customers along the way. If you’re interested in owning a Famous Toastery, you must have $250,000 in liquid cash and a net worth of $500,000 or more. Then, you’ll meet with our team so we can spill the beans and make sure we’re a good fit.
Veteran Incentives  20% off franchise fee