Waffy's vs The Original Pancake House Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Waffy's vs The Original Pancake House including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$116,680 - $310,000 | $372,500 - $966,250 |
Franchise Fee |
$30,000 | $60,000 |
Royalty Fee |
6% | - |
Advertising Fee |
2% | - |
Year Founded |
- | 1953 |
Year Franchised |
- | 1991 |
Term Of Agreement |
- | - |
Term Of Agreement |
- | - |
Renewal Fee |
- | - |
Business Experience Requirements |
Experience |
- | - |
Financing Options |
|
In-House/3rd Party | In-House/3rd Party |
Franchise Fees |
-/- | -/- |
Start-up Costs |
-/- | -/- |
Equipment |
-/- | -/- |
Inventory |
-/- | -/- |
Receivables |
-/- | -/- |
Payroll |
-/- | -/- |
Training & Support |
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. | - |
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.
| - |
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 |
US Expansion |
- | Yes |
Canada Expansion |
- | Yes |
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 The Original Pancake House
The Original Pancake House was founded in Portland,
Oregon in
1953 by Les Highet and Erma Hueneke. Drawing upon
their many years of experience in the culinary field, and their
extensive working
knowledge of authentic national and ethnic pancake
recipes they were able to offer without compromise their unique and
original menu
which has gained national acclaim. The Original
Pancake House is a second and third generation family business, which
takes great
pride in maintaining the high standards that make
our food so outstanding. We now have over one hundred franchises from
coast to
coast, which have won local and national acclaim.
Our recipes demand only the very finest of ingredients, such as 93 score
butter,
pure 36% whipping cream, fresh grade AA eggs, hard
wheat unbleached flour, and our own recipe sourdough starter. Our
batters and
sauces are made fresh in each restaurant’s kitchen.
Our signature items include the Apple Pancake, a
single large pancake smothered with sautéed apples and cinnamon sugar
baked to perfection, to create a deliciously rich cinnamon sugar glaze.
The total investment necessary to begin operation of a The Original
Pancake House® restaurant franchise is $372,500 to $966,250. This
includes $60,303 to $60,606 that must be paid to the franchisor or an
affiliate.
If you sign an option agreement with the franchisor to
develop additional The Original Pancake House® restaurants, the
franchisor will not charge you an additional fee, but they may require
you to sign at least two franchise agreements at the same time that you
sign the option agreement, in which case, you will pay to the franchisor
$60,000 as the initial franchise fee under each franchise agreement you
sign at the time you sign the option agreement. The minimum number of
franchise agreements you must sign to acquire rights under an option
agreement will depend on the size of your market, but will not be less
than two franchise agreements.