|
Below is an in-depth analysis and side-by-side comparison of Waffle Cabin vs Peace, Love & Little Donuts including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $117,700 - $301,100 | $121,200 - $235,100 |
Franchise Fee | $17,500 | $40,000 |
Royalty Fee | 5% of Gross Sales | 6% |
Advertising Fee | - | 1% |
Year Founded | 1998 | 2009 |
Year Franchised | 2012 | 2016 |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
Renewal Fee | 1,000 | - |
Business Experience Requirements |
||
Experience | - | Net-worth Requirement $500,000 Liquid Cash Requirement $150,000 |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/- | -/Yes |
Start-up Costs | -/- | -/Yes |
Equipment | -/- | -/Yes |
Inventory | -/- | -/Yes |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
||
Training | - | On-The-Job Training: 40 hours Classroom Training: 20 hours |
Support | - | Purchasing Co-ops Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
Marketing | - | Co-op Advertising Ad Templates Social media Website development Email marketing Loyalty program/app |
Operations | - | - |
Expansion Plans |
||
US Expansion | - | - |
Canada Expansion | - | - |
International Expansion | - | - |
Authentic Belgian Sugar waffles on the slopes of ski resorts in the North East. Liege style waffles served with or without chocolate drizzle.