|
Royal Waffle King
P. O. Box 1025
Alpharetta, GA 30009
800#:
Tel: (770) 442-3800
Fax: (877) 640-5977
E-Mail: [email protected]
Web Site: www.royalwaffleking.com
Contact: Mr. Chad Maynard, Dir. Franchcise Devel./Recruit
ROYAL WAFFLE KING is a 24-hour, full-service restaurant in the Southeast. ROYAL WAFFLE KING sets itself apart by allowing individuals to become single unit operators with the opportunity to become a multi-unit operator. With very little overhead, the opportunities are endless.
Franchisor Background
Established: 1986
First Franchise: 1989
Franchise Units: 25
Company-Owned Units: 8
Total Units: 33
Distribution:
U.S. -- 33;
Canada -- 0;
International -- 0
-North America -- Operations in 4 States
-States/Provinces with Greatest Density: 22 in GA, 7 in AL, 3 in KY
Projected New Units Over Next 12 months: NR
Franchisee Qualifications: , , , , ,
(Click here for an explanation)
Registered in Following Registration States: NR (Click here for an explanation)
Average Number of Employees: 14 FT (FT = Full Time, PT = Part Time)
Space Needs: 2,000 SF; FS, C-Store
(Click here for abbreviations)
Encourage Conversion: NR
Financial Requirements
Cash Investment: $50-100K
Total Investment: $150-400K
Average Total Investment: $275.0K
Minimum Net Worth: $500K
Fees:
-Franchise: $20K
-Average Franchise Fee: $20.0K
-Royalty: 4%
-Average Royalty: 4.0%
-Advertising: NA
Provide Earning Claim Statement: No
Terms of Contract
Term of Contract (Years): 15/5/5/5
Passive Ownership: Not Allowed
Area Development Agreements: Yes
Sub-Franchising Contracts: No
Expand In Territory: Yes
Franchisor Support and Training Provided
Site Selection Assistance: Yes
Lease Negotiation Assistance: Yes
Financial Assistance: NR
Cooperative Advertising: NA
International Franchise Association:
Canadian Franchise Association:
Franchisee Association / Member: No
Size Of Corporate Staff: 75
On-Going Support: B,C,D,E,F,G,H,I (Click here for an explanation)
Training: NR
Franchisor's Specific Expansion Plans
U.S.: Southeast
Canada: NR
Overseas: NR
Note: NR = No Response by Franchisor.
Click here for a sample questionnaire.
New
Search: Alphabetical
| Industry
Type |
Average
Total Investment | Average
Franchise Fee | Total
Units |
|