Did you know that it was as recent as 2015 when Belgian Waffle first made its appearance in the Indian market? Yes, that’s pretty much the case! And look at them now, they have more than 450 stores across 160 countries right here in India, can you even believe that? Not just that though, the love for Belgian Waffles Co. offerings is increasing in India day by day, and that is precisely where we smell profits. You don’t? Well, we are actually referring to the franchise opportunity offered by Belgian Waffles right here in India, and with their big brand name and love for their offerings in the country, you can seriously make big profits, that’s for sure. So, come with us as we talk about things like Belgian Waffles franchise cost in India, their different models, among other things. Here we go.

Franchise Models and Cost Structure

When someone considers the steps taken to start a Belgian Waffle franchise, they usually have two key models available, either the Kiosk Model or the Cafe Model, one of which is the best for them, especially because both of them have different costs and space requirements. So, choose accordingly, first, let’s get to know a little more about these offered outlets.

1. Kiosk Model (Mall Outlets)

The first and one of the common options is the Kiosk Model which is a highly thought-of approach to the Kiosk Model to provide service in limited spaces like malls, busy areas, or anything like that. One will need a minimum of 80 square feet for this. The cost to get started with this model is about ₹12 lakhs in total. This includes a franchise fee of ₹3.5 lakhs and setup costs of ₹8.5 lakhs. For those wanting to take on the business, one can expect a return on investment on average in 14 to 16 months. Just so you know though, for the daily operation of this outlet, you’ll need around 2 to 4 employees to help run it.

2. Cafe Model

The Cafe Model is a bit larger and ideal for a standalone store where the customers can sit back and enjoy their waffles. For this model, a minimum space of 200 square feet would be required. Just so you know though, for this investment, the total capital required is ₹18 lakhs. This is made up of ₹5 lakhs franchise fee and ₹13 lakhs setup costs. Sure, the business scenario for this model is the same as the Kiosk Model, in that the return on investment is also about 14 months to 16 months.

Now, the choices are right in front of you, and you can easily make a better decision by knowing how much you are willing to spend, and where you’ll likely be setting up this outlet. So, that’s that!

What Are The Additional Franchise Requirements?

You see, it just doesn’t end with you having the initial investment, which is a must but still, there are other things you should keep in mind before applying for a Belgian Waffles Franchise right here in India. Like what though? Well, here are a few things you should know:

• Initial Investment: As you may already know, an upfront investment of INR 23 to 25 Lakhs, depending on the model.
• Source of Funds: You can fund the Franchise through personal savings, family members, friends, and bank loans.
• Legal Questions: You see, if you file for bankruptcy or are named as a party in a lawsuit, you should clearly mention that in the application form, or it will be kinda worrying if you don’t and have already set up the Belgian Waffles franchise. Also, if there is a “Non-Compete” agreement that you signed with another company, please mention it as well, you know, just to stay out of legal troubles down the line.