About Coney Waffle Franchise
Coney Waffle is a specialty waffle restaurant franchise under parent company Coney Waffle, LLC, offering opportunities since 2022.
Each location serves creative waffle based dishes including sweet and savory options, waffle sandwiches, and classic breakfast items.
The brand puts a unique twist on a universally loved food, creating a fun and approachable dining experience.
Coney Waffle Franchise Cost & Fees
| Fee Type | Amount | Notes |
|---|---|---|
| Initial Franchise Fee | $40,000 | One-time payment upon signing |
| Royalty Fee | 7% of Gross Revenue of gross sales | Ongoing; paid monthly |
| Marketing/Ad Fund | 1% local + 2% Brand Fund | National brand fund |
| Total Investment Range | $270,500 – $546,500 | Includes build-out, inventory, working capital |
The investment range of $271K–$547K reflects variability in build-out costs, store size, lease terms, and market. The combined royalty (7% of Gross Revenue) and marketing fee (1% local + 2% Brand Fund) are ongoing costs paid as a percentage of gross sales.
Additional Fees (Item 6)
| Fee Type | Amount |
|---|---|
| Transfer Fee | 25% of then-current fee or $10K (greater) |
| Renewal Fee | 25% of then-current franchise fee |
| Equipment Licensing | $300/month |
Training Program (Item 11)
| Detail | Information |
|---|---|
| Total Duration | 10 days |
| Classroom Training | 14 |
| On-the-Job Training | 34.5 |
| Training Location | Belmar/Long Branch, NJ |
| Additional Training | 7-10 days on-site at opening |
Territory Rights (Item 12)
| Detail | Information |
|---|---|
| Territory Type | Protected territory |
| Exclusive Territory | No |
| Territory Size | 0.5-mile radius or 50,000 population |
| Description | Franchisor will not open another outlet in territory |
Renewal, Termination & Transfer (Item 17)
| Detail | Information |
|---|---|
| Initial Term | 10 years |
| Renewal Term | 10 years (1 renewal) |
| Renewal Fee | 25% of then-current franchise fee |
| Transfer Fee | 25% of fee or $10K (greater) |
| Non-Compete Period | 2 years |
| Non-Compete Details | Within 10 miles |
Operations & Supply (Items 8 & 15)
| Detail | Information |
|---|---|
| Owner-Operator Required | No |
| Participation Details | General manager required, full-time |
| Required Suppliers | 70-80% initial, 50-70% ongoing from approved suppliers |
Coney Waffle Franchise Earnings — Item 19
Past financial performance does not guarantee future results. Individual results will vary.
Coney Waffle Litigation & Risk Flags
Litigation and bankruptcy data is sourced from Items 3 and 4 of the FDD. Always verify current status directly from the most recent FDD.
Coney Waffle System Growth
Coney Waffle currently operates 0 franchised locations and 4 company-owned units. Unit count data is sourced from Item 20 of the FDD.
Unit History (Item 20)
| Year | Opened | Closed | Total |
|---|---|---|---|
| 2019 | 0 | 0 | 4 |
| 2020 | 0 | 0 | 4 |
| 2021 | 0 | 0 | 4 |
Transfers: 0 | Closures: 0
State Registrations
Registered in 14 states: CA, HI, IL, IN, MD, MI, MN, NY, ND, RI, SD, VA, WA, WI
Coney Waffle Franchise — FAQ
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