About Eiffel Waffle Franchise
Eiffel Waffle is a quick serve dessert franchise featuring bubble waffle creations, including bubble waffle cones, waffle towers, Eiffel minis, shakes, homemade ice cream, and signature Eiffel'Ades.
The brand offers dine in, takeout, and delivery services, with the option to add off site catering after an initial operating period.
With a franchise fee of $40,000 and franchise opportunities available since 2024, Eiffel Waffle is a fresh entrant in the specialty dessert market.
Eiffel Waffle Franchise Cost & Fees
| Fee Type | Amount | Notes |
|---|---|---|
| Initial Franchise Fee | $40,000.00 | One-time payment upon signing |
| Royalty Fee | 6% of semi-monthly Gross Revenue from retail sales, 10% of semi-monthly Gross Revenue from catering and offsite events of gross sales | Ongoing; paid monthly |
| Marketing/Ad Fund | Up to 4% of semi-monthly Gross Revenue or $2,500 per month; Currently 3% of semi-monthly Gross Revenue or $1,250 per month, whichever is greater | National brand fund |
| Total Investment Range | $264,910 – $387,676 | Includes build-out, inventory, working capital |
The investment range of $265K–$388K reflects variability in build-out costs, store size, lease terms, and market. The combined royalty (6% of semi-monthly Gross Revenue from retail sales, 10% of semi-monthly Gross Revenue from catering and offsite events) and marketing fee (Up to 4% of semi-monthly Gross Revenue or $2,500 per month; Currently 3% of semi-monthly Gross Revenue or $1,250 per month, whichever is greater) are ongoing costs paid as a percentage of gross sales.
Investment Breakdown (Item 7)
| Item | Low | High |
|---|---|---|
| Initial Franchise Fee1 | $40,000 | $40,000 |
| Leasehold Improvements2 | $40,000 | $75,000 |
| Lease/Security Deposit3 | $3,000 | $7,000 |
| Utility Deposit4 | $0 | $750 |
| Architect/Engineer Fee | $2,500 | $5,000 |
| Furniture and Fixtures5 | $15,000 | $25,000 |
| Equipment6 | $81,000 | $90,000 |
| Computer Equipment6 | $3,000 | $4,049 |
| Software – 3 months | $573 | $573 |
| Internal System Fee – 3 months | $750 | $750 |
| Misc. Equipment & Supplies7 | $3,500 | $4,000 |
| Accounting Service – 3 months8 | $1,050 | $1,500 |
| Signage9 | $9,300 | $17,800 |
| Initial Inventory of Products to Produce Ice Cream | $4,500 | $5,400 |
| Initial Inventory-Other9 | $11,000 | $15,200 |
| Office Equipment & Supplies | $100 | $150 |
| Initial Supply of Promotional Materials (Menus) | $500 | $750 |
| Uniforms | $1,500 | $2,000 |
| Telephone (3 months) | $300 | $420 |
| Internet Fees (3 months) | $300 | $450 |
| Music Service (3 months) | $30 | $30 |
| Payroll Processing (3 months) | $300 | $375 |
| Insurance10 | $1,803 | $2,125 |
| Your Training Expenses (transportation, lodging, and meals)11 | $2,925 | $24,300 |
| Third Party Training Expenses12 | $479 | $554 |
| Grand Opening Marketing Campaign | $8,000 | $8,000 |
| Professional Fees13 | $2,000 | $3,500 |
| Business Permits and Licenses14 | $1,500 | $3,000 |
| Additional Funds/Working Capital-3 months15 | $30,000 | $50,000 |
Additional Fees (Item 6)
| Fee Type | Amount |
|---|---|
| Transfer Fee | 80% of the then-current franchise fee; 50% of the then-current franchise fee for a transfer to an existing franchisee in good standing; $3,000 for certain internal transfers. |
| Renewal Fee | 10% of the then-current initial franchise fee |
| Technology Fee | Currently $250 per month, subject to increase up to $400, upon 90 days’ notice to you. Franchisor has the right to increase the maximum fee by up to 10% annually. |
| Audit Fee | Costs of examination plus related expenses |
| Required Minimum Expenditure for Local Marketing and Advertising | Up to 4% of semi-monthly Gross Revenue or $2,500 per month; Currently $0. |
| Initial Training (additional/replacement trainee) | $300 per person per day |
| Additional Training (tuition) | $300 per person per day |
| Additional Onsite Assistance (per diem fee) | $450 per day per representative |
| Remedial Training (per diem fee) | $450 per day per representative |
| Advertising Cooperative | Your share of actual cost of advertising. |
| Late Fee | $100 per occurrence. |
| Interest | 18% per annum, from due date, or maximum allowed by law. |
| Non-Sufficient Funds Fee | $200 per occurrence. |
| Non-Compliance Fee | $500 per incident or per day, as applicable. |
| Transfer Fee – Multi-Unit Development Agreement | $10,000 due upon application to transfer with the balance due at the time of transfer. |
| Relocation Fee | 33% of the then-current franchise fee. |
| Testing or Supplier Approval Fee | $750 plus our actual expenses. |
| Mystery Shopper Program | Up to $350 per mystery shop. |
| Quality Assurance Audit | Up to $1,500 per audit. |
| Conference Fee | Up to $1,000 per attendee. |
| Conference Non-Attendance Fee | $1,000. |
| Temporary Management Fee | Currently $600 per representative per day plus reimbursement of all travel expenses, lodging, meals, and other expenses reasonably incurred by us. |
| Customer Resolution Fee | $300 plus reimbursement of our expenses. |
| Reimbursement of Legal Fees and Expenses | Our costs and expenses, including but not limited to attorneys’ fees. |
| Accounting Services | Currently $350 - $500/month. |
| Indemnification | Amount of loss or damages plus costs. |
| Reimbursement of Costs and Expenses for Non-Compliance | Actual costs and expenses. |
| Post-Termination or Post Expiration Expenses | Costs and expenses. |
| Insurance Reimbursement | Amount paid by us for your insurance obligations, plus an additional 10% administrative fee. |
| Liquidated Damages | Varies. |
| Taxes | Amount of taxes. |
Training Program (Item 11)
| Detail | Information |
|---|---|
| Total Duration | Approximately 5 days |
| Classroom Training | 8 hours |
| On-the-Job Training | 32 hours |
| Training Location | Chicago Ridge, Illinois, or another location designated by Franchisor. |
| Additional Training | Mandatory or optional additional training programs and/or an annual business meeting or franchisee conference, up to 5 days per year. Current fee for additional/mandatory training is $300 per person per day. Annual meeting fee is $1,000 per person. |
Territory Rights (Item 12)
| Detail | Information |
|---|---|
| Territory Type | Limited protected right |
| Exclusive Territory | No |
| Territory Size | Typical Territory will be a population of 30,000 or a two-mile radius surrounding the location; in densely populated/urban areas, a radius of 0.5 miles surrounding the location. |
| Description | Located in all or a portion of a listed town, city, or county, identified by a radius or group of contiguous Zip Codes. Determined on an individual basis taking into account population, geographic radius, political boundaries, Zip Codes, natural boundaries, competition, traffic patterns, and other pertinent factors. |
Renewal, Termination & Transfer (Item 17)
| Detail | Information |
|---|---|
| Initial Term | 10 years |
| Renewal Term | Up to 2 additional terms of 5 years each |
| Renewal Fee | 10% of the then-current initial franchise fee |
| Renewal Conditions | Be in full compliance, have no more than 3 events of default during current term, provide written notice to us at least 11 months before the end of the term, execute the then-current franchise agreement, pay the Successor Agreement Fee, continue to have the right to occupy the premises or have received approval from us to relocate, remodel your Franchised Business location, execute a general release, comply with then-current qualifications and training requirements, including completion of additional training. |
| Transfer Fee | 80% of the then-current franchise fee; 50% of the then-current franchise fee for a transfer to an existing franchisee in good standing; $3,000 for certain internal transfers. |
| Transfer Conditions | Franchisor consent (not unreasonably withheld), transferee meets current standards (demeanor, character, business experience, financial resources), completes Initial Management Training Program, all amounts owed paid, general release signed, claims subordinated to franchisor, franchisor approves material terms, landlord consents to lease assignment, payment of transfer fee. |
| Termination for Cause | Franchisor may terminate if franchisee defaults. Defaults include insolvency, bankruptcy, failure to acquire site, failure to open business within timeframes, falsifying reports, ceasing operations, losing possession of premises, failure to restore business after casualty, non-compliance with laws, understatement of Gross Revenue, violation of insurance/indemnification, unauthorized transfer, felony conviction, fraud judgment, concealing revenues, public health/safety threat, refusing inspection/audit, unauthorized use of Marks/Confidential Information, non-compliance with non-compete, 3+ defaults or 2+ default notices in 12 months, insufficient funds 2+ times in 12 months, default under other agreements, or termination without cause. |
| Non-Compete Period | During the term of the franchise and for 24 months after termination or expiration. |
| Non-Compete Details | During term: cannot divert customers, participate in any competing restaurant/eatery business featuring ice cream or desserts, or act prejudicially to goodwill. After termination/expiration: cannot divert customers, participate in any competing business within 20 miles of former Eiffel Waffle® outlet or any other Eiffel Waffle® location, or act prejudicially to goodwill. |
Operations & Supply (Items 8 & 15)
| Detail | Information |
|---|---|
| Owner-Operator Required | No |
| Participation Details | The Franchise Agreement does not require personal supervision, but recommends it. If not personally supervised, the outlet must be directly supervised by a general manager who completes initial management training and other required courses, devotes full time to the job, and has no interest or business relationship with competitors. All owners of an entity franchisee must personally sign the Franchise Agreement as a Principal. Spouses of married individuals must sign a Guaranty. |
| Required Suppliers | Designated suppliers and contractors for equipment, fixtures, inventory, supplies, ingredients, prepped/packaged foods, paper/disposable goods, and furnishings. |
| Supply Restrictions | Franchisee must purchase all items outlined in the Operations Manual and any equipment/materials bearing the Marks from designated/approved suppliers. Franchisee must use Dajani CPAs and Advisors for accounting, Elite Processing LLC for credit card processing, and Sysco for food and beverage ingredients. Eiffel Waffle Foods, LLC is the designated supplier for certain food products, waffle irons, waffle iron plates, and branded paper products. |
| Franchisor Revenue from Suppliers | During the fiscal year ended December 31, 2023, the franchisor and its affiliate did not earn any Allowances because they did not have any franchisees. The franchisor and its affiliates reserve the right to earn a profit from the sale of products to franchisees. |
Financing (Item 10)
| Detail | Information |
|---|---|
| Financing Available | No |
| Description | We do not offer direct or indirect financing. We do not guarantee any note, lease, or obligation on your behalf. |
Eiffel Waffle Franchise Earnings — Item 19
Eiffel Waffle does not include an Item 19 financial performance representation in their FDD. Contact information for current and former franchisees is listed in Item 20 of the FDD.
Eiffel 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.
Eiffel Waffle System Growth
Eiffel Waffle currently operates 0 franchised locations and 6 company-owned units. Unit count data is sourced from Item 20 of the FDD.
Unit History (Item 20)
| Year | Opened | Closed | Total |
|---|---|---|---|
| 2021 | 1 | 0 | 1 |
| 2022 | 2 | 0 | 3 |
| 2023 | 3 | 0 | 6 |
Transfers: 0 | Closures: 0
State Registrations
Registered in 15 states: CA, CT, HI, IL, IN, MD, MI, MN, NY, ND, RI, SD, VA, WA, WI
Franchisor Financials (Item 21)
Audited by DA Advisory Group for year ending December 31st.
Eiffel Waffle Franchise — FAQ
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