- Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$218K - $499K
- Units as of 2022
-
10 37% over 3 years
Company Overview
About Wafels & Dinges
Industry | Food |
---|---|
Related Categories | Miscellaneous Quick-Service Restaurants, Food: Quick Service, Ice Cream |
Founded | 2007 |
Parent Company | Belgo Holdings LLC |
Leadership | Thomas DeGeest, CEO & COO |
Corporate Address |
8401 Park Meadows Center Dr., #5555 Lone Tree, CO 80124 |
Social | Facebook, Twitter, Instagram |
Business Overview
Franchising Since | 2022 (2 years) |
---|---|
# of employees at HQ | 12 |
Where seeking |
This company is offering new franchises in the following US states: Alaska, Alabama, Arkansas, Arizona, Colorado, Connecticut, District of Columbia, Delaware, Florida, Georgia, Iowa, Idaho, Kansas, Kentucky, Louisiana, Massachusetts, Maine, Missouri, Mississippi, Montana, North Carolina, North Dakota, Nebraska, New Hampshire, New Jersey, New Mexico, Nevada, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, Tennessee, Texas, Utah, Vermont, West Virginia, Wyoming |
# of Units | 10 (as of 2022) |
|
Information for Franchisees
Here's what you need to know if you're interested in opening a Wafels & Dinges franchise.
Financial Requirements & Ongoing Fees
Here's what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
Initial Franchise Fee
|
$35,000 |
---|---|
Initial Investment
|
$217,800 - $498,650 |
Net Worth Requirement
|
$200,000 |
Cash Requirement
|
$60,000 |
Veteran Incentives
|
10% off franchise fee |
Royalty Fee
|
6% |
Term of Agreement
|
20 years |
Is franchise term renewable? | Yes |
Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
On-The-Job Training | 60 hours |
---|---|
Classroom Training | 41 hours |
Ongoing Support |
Newsletter
Meetings & Conventions
Grand Opening
Online Support
Security & Safety Procedures
Field Operations
Proprietary Software
|
Marketing Support |
Co-op Advertising
National Media
Regional Advertising
Social Media
Loyalty Program/App
|
Operations
Additional details about running this franchise.
Is absentee ownership allowed? | Yes |
---|---|
Can this franchise be run from home/mobile unit?
|
No |
Can this franchise be run part time?
|
No |
# of employees required to run | 6-10 |
Are exclusive territories available?
|
No |
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