Franchise FAQ

is waffle house franchise

by Clarabelle Satterfield Published 2 years ago Updated 1 year ago
image

Yes, ‍Waffle House is a franchise. That means if you want to open your own ‍Waffle House branch, it's possible! They have over 1,500 locations. Read on to find out how much it costs to open your own ‍Waffle House franchise and how to get started. ‍Waffle House Franchise Cost

To be a franchise owner you need to make connections within the company and there is an extremely long waitlist. Also, the Waffle House franchise is extremely expensive! The franchise fee
franchise fee
A franchise fee is a fee or charge that one party, known as the franchisee, pays another party, known as the franchisor, for the right to enter in a franchise agreement.
https://en.wikipedia.org › wiki › Franchise_fee
can cost around $200,000 to $300,000. This doesn't include capital, which can cost between $600,000 to $1 million.

Full Answer

How much does a Waffle House franchise cost?

The Waffle House Franchise Startup cost, as we have earlier mentioned, is only going to be for existing franchisees. And the Franchise fee will go between $200,000 to $300,000, excluding other Capital costs you will incur, which will also depend on the location you are choosing as well the value of properties in that location.

What does Waffle House pay an hour?

How Much Does Waffle House Pay? Employees at Waffle House make, on average, $27,222 a year or $13.0 an hour. If you are in the top 10th percent of earners, you can expect to make an average salary over $50,000 a year, but if you're in the bottom 10 percent of earners, your salary could be less than $14,000 a year.

Does Waffle House serve gluten free waffles?

Waffle House has no gluten-free options. Sadly I couldn’t even give them 1 star. All restaurant and fast food trademarks, service marks, trade names, product names and logos appearing on the site are the property of their respective owners.

How many waffles are in a Waffle House?

That’s 36,500 waffles a day for all 250 Atlanta stores. And if you’ve ever have a late-night hankering for scattered, smothered, and covered, you’re not alone— each Waffle House dishes up an average of 165 plates of them a day, totaling 41,250 servings. What state has the best Waffle House?

image

How profitable is owning a Waffle House?

2021 Waffle House Average Unit Volume: $655,897 Based on the median sales provided by Waffle House's franchise locations, at an average of a 15% profit margin it will take around 10.5 years to recoup your investment. This is longer than other franchise opportunities.

Are all Waffle House corporate owned?

Waffle House Inc. (not to be confused with Waffle House of Indiana) operates a chain of about 1,000 Waffle House Restaurants located in 20 states. The restaurants, which are either company-owned or franchised, pride themselves on serving good food fast, at a reasonable price, in a diner atmosphere.

How many franchises does Waffle House have?

WH Capital, L.L.C. , doing business as Waffle House, is an American restaurant chain with 1,900 locations in 25 states in the United States. Most of the locations are in the South, where the chain is a regional cultural icon. Waffle House is headquartered in Norcross, Georgia, in the Atlanta metropolitan area.

How much is the owner of Waffle House Worth?

Based on that, Waffle House would be worth at least $4 billion, which would make Rogers worth at least $2 billion. That's enough to debut on Forbes' global ranking of the world's billionaires for the first time this year.

What does a Waffle House franchise cost?

around $200,000 to $300,000To be a franchise owner you need to make connections within the company and there is an extremely long waitlist. Also, the Waffle House franchise is extremely expensive! The franchise fee can cost around $200,000 to $300,000. This doesn't include capital, which can cost between $600,000 to $1 million.

Can I buy Waffle House stock?

A big opportunity for all associates of Waffle House, Inc., and its subsidiaries is that they get the chance to own, and be rewarded with, Waffle House Stock. As a private company, the only way you can invest in the company is to work with us. Go to www.whcareers.com for more information.

How much is it to buy a Taco Bell franchise?

Costs overview Franchising fee: It costs between $25,000 and close to $50,000 for the initial franchise fee. This, too, will vary depending on the details of your specific Taco Bell franchise. Net worth: The current net-worth requirement is around $1.5 million worth of assets.

How much does it cost to franchise a McDonald's?

McDonald's franchisee applicants must have a minimum of $500,000 available in liquid assets and pay a $45,000 franchise fee. Those looking to launch a new McDonald's franchise can expect to shell out between $1,314,500 and $2,306,500. Existing franchise prices can cost upwards of $1 million or more.

Which state has the most Waffle Houses?

GeorgiaThe highest concentration of Waffle House locations is found in the Southeast, and Georgia takes the cake (or waffle) with more than 430 restaurants.

Where is the largest Waffle House?

Atlanta-based, food chain Waffle House is slated to open its newest location in Centennial Olympic Park. Located at the corner of Andrew Young International Boulevard and Centennial Olympic Park Drive, the new location will be the chain's largest store.

Where is the original Waffle House?

Avondale Estates, GAWaffle House / Place foundedAvondale Estates is a city in DeKalb County, Georgia, United States. The population was 2,960 at the 2010 census. It is part of the Atlanta metropolitan area and is near Decatur. Wikipedia

How much does the CEO of Waffle House make?

At Waffle House, the most compensated executive makes $700,000, annually, and the lowest compensated makes $50,000.

Is Waffle House employee owned?

Waffle House is a privately held, short-order restaurant company founded in 1955 in Avondale Estates, Georgia by Joe Rogers, Sr. and Tom Forkner. Waffle House currently operates over 1,700 company units; there are also about 250 franchise units.

Where is headquarters for Waffle House?

Norcross, GAWaffle House / HeadquartersNorcross is a city in Gwinnett County, Georgia, United States. The population as of the 2010 census was 9,116, while in 2020 the population was 17,209. It is included in the Atlanta-Sandy Springs-Marietta metropolitan statistical area. Wikipedia

Which state has the most Waffle Houses?

GeorgiaThe highest concentration of Waffle House locations is found in the Southeast, and Georgia takes the cake (or waffle) with more than 430 restaurants.

What is AUV franchise?

Average Unit Volume (AUV): This is the current average annual sales that the concept is experiencing across all of their operating locations. This should include the Franchisor operated locations as well but be sure to ask this as not all may do this and have the franchisee average only.

Waffle House Franchise Opportunities

Waffle House franchise can boast more than 65 years of experience in running a restaurant business. From the very beginning their mission was to serve cooked to order food including waffles, the speciality of the brand, in a friendly atmosphere.

How to open a Mountain Mike's franchise?

Ensure you have adequate capitalization. In order to open the Waffle House restaurant franchise, you must have a capital of $600,000.

When did Waffle House start?

Waffle House® restaurants have offered the unbeatable combination of good food with outstanding service since 1955.

When did the first waffle house open?

On Labor Day 1955 , their dream became a reality-and an icon was born-when the first Waffle House restaurant opened its doors for business in Avondale Estates, an Atlanta suburb.

Who bought Tom Forkner's house?

When Joe Rogers, Sr. bought a house from Tom Forkner in Avondale Estates, GA., in 1949, neither one knew where that relationship would take them. It's the mid 1950's. Joe Rogers and Tom Forkner were neighbors-Joe working for a national restaurant chain, the Toddle House, and Tom in the local real estate business.

Is Waffle House accepting new applicants?

While Waffle House is not currently accepting new applicants on Franchising.com, these other similar opportunities are actively looking for new franchisees.

How many locations does Waffle House have?

With over 19,000 locations and counting — most of which are in the south — Waffle House proudly says that it is in 25 states and is open 24 hours, seven days a week. Maybe you've eaten here and wish there was a restaurant in your city or even in your neighborhood.

What is a waffle house?

The iconic yet unassuming bright yellow sign with black tiled letters makes it easy to spot a Waffle House: A chain that specializes in breakfasts around the clock. This diner-style fast food restaurant all started in 1955, when two neighbors, Joe Rogers Sr. and Tom Forkner, opened what would become the very first Waffle House in Georgia. Although the name implies a place dedicated to waffles, you can order a range of breakfast favorites from scrambled eggs and omelets with hash browns to bacon and sausage to pancakes, as well hamburgers, pork chops and T-bone steaks.

What kind of breakfast do you get at Waffle House?

Although the name implies a place dedicated to waffles, you can order a range of breakfast favorites from scrambled eggs and omelets with hash browns to bacon and sausage to pancakes, as well hamburgers, pork chops and T-bone steaks.

How much money do you need to franchise Waffle House?

Currently, if you want a piece of Waffle House, you'll not only need a huge chunk of money, around $200,000 to $300,000 in franchising fees alone, plus around $600,000 to $1 million in capital, but you must already be a Waffle House franchise owner interested in expanding (via Career Makeup ).

Is waffle house a franchise?

In fact, it's near impossible to be a franchisee, unless you already have connections because, according to its website, "Waffle House, Inc. does not offer franchise opportunities to the general public.". It is known to have very strict rules and conditions and many interested prospective owners have realized it's not a fit for them, ...

What is a waffle house?

Waffle House is called the "low-rent roadside cafe featuring waffles " in the 1996 romantic comedy movie Tin Cup. It is also shown in the 2006 film ATL, the 2018 film Love, Simon, and the movie Due Date, in which the main character selects that restaurant, despite being allergic to waffles. A Waffle House in Nashville was the setting for a routine by the stand-up comedian Bill Hicks. The aforementioned 2017 ESPN story stated, "there's no business that has a more symbiotic relationship with college football fans of every stripe than the Waffle House." Waffle House is particularly popular among football fans from the Atlantic Coast Conference and the Southeastern Conference, with locations in college towns attracting crowds before and after football games.

Where is the Waffle House located?

is an American restaurant chain with 2,100 locations in 25 states in the United States. Most of the locations are in the South, where the chain is a regional cultural icon. Waffle House is headquartered in Norcross, Georgia, in the Atlanta metropolitan area.

Why was the Waffle House named Waffle House?

Forkner suggested naming the restaurant "Waffle House," as waffles were the most profitable item on the 16-item menu. The fragile nature of waffles also made the point that it was dine-in, not a carry-out, but it confused patrons as to meal availability other than breakfast.

How long is Waffle House open?

Each Waffle House location is open 24 hours daily, up to 365 days annually . This schedule has inspired the urban myth that "Waffle House doors have no locks". The chain's restaurants almost always have jukeboxes, which have traditionally played 45-rpm singles and, in some cases, CDs.

When was the first waffle house opened?

The first Waffle House opened on Labor Day weekend in 1955 at 2719 East College Avenue in Avondale Estates, Georgia. That restaurant was conceived and founded by Joe Rogers Sr. (1919–2017) and Tom Forkner (1918–2017). Rogers started in the restaurant business as a short-order cook in 1947 at the Toddle House in New Haven, Connecticut. By 1949, he became a regional manager with the now-defunct Memphis -based Toddle House chain, then he moved to Atlanta. He met Tom Forkner while buying a house from him in Avondale Estates.

When did Rogers sell his interest in Toddle House?

Rogers continued to work with Toddle House, and to avoid conflict of interest, sold his interest to Forkner in 1956. In 1960, when Rogers asked to buy into Toddle House, and they refused, he moved back to Atlanta and rejoined Waffle House, now a chain of three restaurants, to run restaurant operations.

Who bought North Lake Foods?

Waffle House, Inc. plans to rehabilitate the franchise. In early 2009, East Coast Waffles bought North Lake Foods to become a new franchise. The founders of the Waffle House brand died in 2017 within two months of each other: Joe Rogers Sr. died on March 3 and Tom Forkner on April 26.

image
A B C D E F G H I J K L M N O P Q R S T U V W X Y Z 1 2 3 4 5 6 7 8 9