Waffle Cart Franchise is an affordable Waffle Franchise in India. We will discuss Waffle Cart Franchise Cost, Profit, and How to get the franchise.
Waffle Cart currently has 10+ outlets PAN India. The USP of the brand is their great taste and presentation. You can directly enroll for the Waffle Cart Franchise by filling up the Google Form.
Waffle Cart Franchise Cost
Waffle Cart Franchise Cost ₹4,50,000-₹6,00,000 Rupees as an initial investment. The Franchise Fee is included in the Total Investment. The minimum area required is 250 Square Feet. Royalty charged will be 3% on Sales+GST.
- The franchise agreement will be for 5 years
- The brand will provide proper Training
- Return on Investment: 10 months
Waffle Cart Franchise Profit
We will analyze Waffle Cart 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||2,10,000 Rupees|
|Cost of Material @30%||(63,000) Rupees|
|Electricity and Water Supply||(10,000) Rupees|
|Salary of Workers and their Expenses||(40,000) Rupees|
|Royalty @3%+GST||(10,000) Rupees|
|Aggregator Commission||(10,000) Rupees|
|Other expenses |
(Marketing, Transport, Misc)
|Net Profit||30,000 Rupees|
We can conclude that the Profit Margin of the Waffle Cart Franchise is 14% for the Sales of 2,10,000 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 30% on Sales or 90,000 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.
How to get Waffle Cart Franchise?
To get the Waffle Cart Franchise, you have to fill out the Google form below then we will allot you a franchise specialist who will guide you the best.
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