Waves Coffee Franchise is one of the best coffee franchises. We will discuss Waves Coffee Franchise Cost, Profit, and How to get the franchise.
The brand currently has 400+ outlets. You can enroll directly for Waves Coffee Franchise by filling up the form on their website.
Waves Coffee Franchise Cost
Waves Coffee Franchise Cost $300,000 as an initial investment. The Franchise Fee is $25,000. The minimum area required is 300 Square Feet. The royalty fee charged will be 6% on Sales. The advertising fee charged will be 3% on Sales.
The bifurcation of the Franchise Price (Cost) is given below-
- No charges for Site Selection
- The brand will provide training. The Waves training program takes approximately 5 weeks. 3 weeks in our Training Academy, and an extra 2 weeks in-store training in your newly opened location.
- Other Cost includes Insurance, Advertisement, Initial Inventory, Deposits, Equipment, Furniture, Fixtures, Supplies, Improvements/Signage, Small wares Licenses, and
Other Prepaid Expenses - The brand will provide the Raw materials or the supplier connection
- All Payments Made are Non-Refundable
- Return on Investment is around 12-15 months to cover the cost
Waves Coffee Franchise Profit
We will analyze Waves Coffee Franchise Profit Margin with the help of an example. We will deduct all the expenses from the Gross Sales. We are assuming Sales of $800 every day.
We can conclude that the Net Profit Margin of Waves Coffee Franchise is 25% on the Sales. The outlet may have less profits in the initial days but Tea has great demand in the market.
After good Local Marketing and Branding, the Sales will increase to $1,000-1200 everyday and the profit margin will be 35% on Sales.
Location is crucial in determining a franchise’s success rate 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, Highways, Malls or any place where people love to have Coffee.
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
Instagram- https://www.instagram.com/franchise.information/
For more such informational franchise blogs, you can check our franchise review list here- https://aftercolleges.com/category/franchise-business