The Waffling Station Franchise is a good Waffle franchise in India. We will discuss The Waffling Station Franchise Cost, Profit, and How to get the franchise.
The Waffling Station Franchise currently has 10+ outlets PAN India. The USP of the brand is their great taste and affordability. You can directly enroll for The Waffling Station Franchise by filling up the Google Form.
The Waffling Station Franchise Cost ₹10,00,000 Rupees as an initial investment. The Franchise Fee is ₹200,000 Rupees+GST. The minimum area required is 250 Square Feet. Royalty charged will be 7.5% on Sales+GST.
The bifurcation of the Cost is given below-
Particulars | Amount (Cafe Model) |
Franchise Fee | 2,00,000 Rupees |
18% GST on Franchise Fee | 36,000 Rupees |
Civil Work, Furniture and Interior Cost | 2,80,000 Rupees |
Machinery and Equipment Cost | 3,00,000 Rupees |
Advance Raw Material | 50,000 Rupees |
Security Deposit | 1,00,000 Rupees |
Other Expenditure (Licenses and Misc) | 34,000 Rupees |
Total Investment | 10,00,000 Rupees |
We will analyze The Waffling Station Franchise Profit Margin with the help of an example. We will deduct all the expenses from the Gross Sales. We are assuming Sales of 2,40,000 Rupees i.e. 8,000 Rupees per day.
Particulars | Amount (Cafe Model) |
Gross Sales | 2,40,000 Rupees |
Cost of Material @30% | (72,000) Rupees |
Rent | (50,000) Rupees |
Electricity and Water Supply | (10,000) Rupees |
Salary of Workers and their Expenses | (45,000) Rupees |
Royalty @7.5% | (18,000) Rupees |
Aggregator Commission | (10,000) Rupees |
Other expenses (Marketing, Transport, Misc) | (9,000) Rupees |
Net Profit | 36,000 Rupees |
We can conclude that the Profit Margin of The Waffling Station Franchise is 15% for the Sales of 2,40,000 Rupees. The outlet may have less profits in the initial days but Waffles has great demand in the market.
After good Local Marketing and Branding, the Sales will increase to 3 Lakh Rupees per month and the profit margin will be 25% on Sales or 75,000 Rupees as Profit.
Location plays a very crucial factor in determining the success rate of a franchise along with food quality and service.
The location should have a very high footfall. It should be in the main market of that area. You can open the outlet nearby colleges, corporates, Malls or any place where young people love to have Waffles.
To get The Waffling Station Franchise, you have to fill out the Google form below then we will allot you a franchise specialist who will guide you the best.
Thanks for reading the blog, If you have any queries regarding the franchise then you can ask me in the comment box or on my
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