- Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$188K - $497K
- Units as of 2024
-
8 33.3% over 3 years
Company Overview
About Press Waffle Co.
Business Overview
Franchising Since | 2019 (5 years) |
---|---|
# of employees at HQ | 4 |
Where seeking |
This company is offering new franchises throughout the US. This company is offering new franchises in the following international regions: Central America, Canada, Mexico |
# of Units | 8 (as of 2024) |
|
Information for Franchisees
Here's what you need to know if you're interested in opening a Press Waffle Co. 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
|
$188,350 - $497,300 |
Net Worth Requirement
|
$400,000 - $900,000 |
Cash Requirement
|
$150,000 - $500,000 |
Veteran Incentives
|
$5,000 off franchise fee |
Royalty Fee
|
2%-6% |
Ad Royalty Fee
|
1%-2% |
Term of Agreement
|
10 years |
Is franchise term renewable? | Yes |
Financing Options
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
Third Party Financing | Press Waffle Co. has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll |
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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 | 80 hours |
---|---|
Classroom Training | 20 hours |
Ongoing Support |
Newsletter
Toll-Free Line
Grand Opening
Online Support
Security & Safety Procedures
Lease Negotiation
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform
|
Marketing Support |
Ad Templates
Social Media
SEO
Website Development
Email Marketing
Loyalty Program/App
|
Operations
Additional details about running this franchise.
Is absentee ownership allowed? | No |
---|---|
Can this franchise be run from home/mobile unit?
|
No |
Can this franchise be run part time?
|
No |
Are exclusive territories available?
|
Yes |
Additional Rankings
Curious to know where Press Waffle Co. ranked on other franchise lists? Find out below.
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