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Waffle Stories

Summary

OUR WAFFLE STORY Waffle Stories is founded by us sister-in-laws, Divya and Pranitha in July 2014. We love eating waffles and at that time there were no dedicated waffle places in Bangalore. So, during a trip in December 2013 we formed our business plans. We finished testing the market by March 2014. We received a tremendous response and quickly learnt that people in Bengaluru were yearning for new, quirky dessert options. So, we put our plans into action and within 3 months the brand Waffle Stories was born and with it Bangalore got its first exclusive waffles store in Orion Mall. Our mouth-watering waffles are freshly baked to order, right in front of our customers. We provide the largest selection of waffles such as Choco-chip Waffles, Eggless Waffles, Spicy Waffles and offer the widest array of toppings including sauces, ice cream, fruits and add-ons' that make our waffles a must have.
Franchise Details
Details Model 1 Model 2
Franchise Model Name Kiosk Store
Area 100 Sqft. 300-400 Sqft.
Franchise Fee 3 Lakhs 5 Lakhs
Set Up Cost 8 Lakhs 10-11 Lakhs
Total Outlet Cost 11 Lakhs 15-16 Lakhs
GST Applicable Yes Yes
Royalty/Commission 10 % 10 %
Negotiable No No
Franchise Period 3 Years 3 Years
Renewable Yes Yes
Return on Investment 1.5 Years 1.5 Years
Other Requirements None None
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Training Details
Detailed operating manuals for franchisee Yes
Is field assistance available for franchisee? Yes
Expert guidance from Head Office to franchisee in opening the franchise Yes
Current IT systems will be included in the franchise Yes
Other Details
Outlet Cities Bengaluru, Guwahati
International Outlets None
National Expansion PAN INDIA
Exclusive territorial rights to a unit franchise Yes
Do you have a standard franchise agreement? Yes
Interested in giving Master franchise? City : Hyderabad State : Maharashtra

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