Established in 2015, Bloombay Enterprises Pvt. Ltd is company behind The Belgian Waffle Co and was founded with a vision centered on excellence, simplicity, and affordability and provide unique offering to Indian Palette . Originating as a culinary experiment by Shrey Founder , inspired by his international experiences esp in the USA , the company introduced unique dessert cuisine to India. With over 450 outlets spread across 160+ Indian cities, The Belgian Waffle Co. offers an innovative, on-the-go waffle sandwich crafted from specially formulated egg-less batter and premium fillings.
The company has now ventured into FMCG sector, the company provides ready-to-eat offerings like pancake and waffle premixes, waffle crisps, and a variety of spreads. In Short duration company has won several awards such as Franchisor of the Year in the Dessert Category and the Asia Food Innovation Awards, The Belgian Waffle Co. continues to diversify its product range, offering exciting options like Waffle Crisps, Spreads, and Pancake and Waffle Premixes through both online and offline channels nationwide.
The Belgian Waffle Franchise Price
The investment required for a Belgian Waffle franchise depends on the chosen model and ranges from 20 to 25 Lakhs INR. Additionally, the franchisee must pay a one-time fee of 8 Lakhs INR to acquire the franchise rights.
The Belgian Waffle Franchise Cost and Other Information
| Category | Dessert |
|---|---|
| Company | Bloombay Enterprises Private Limited |
| Brand Origin | Mumbai |
| Established Year | 2015 |
| Business Type | Kiosk |
| Business Model | FOFO (Franchise Owned, Franchise Operated) |
| ROI | 12-18 Months |
| Area | 200 Sq.Ft |
| Investment | ₹12 Lakhs |
| Franchise Outlets | 434 |
| Google Rating | 4.3/5 |
Operates in the dessert category with a kiosk business type. The FOFO business model offers a return on investment within 12-18 months for a compact area of 200 Sq.Ft. The investment required is ₹12 Lakhs for 434 franchise outlets, boasting a commendable Google rating of 4.3 out of 5.
Steps to open a The Belgian Waffle Co franchise in 2024 in India
How to open a The Belgian Waffle Co franchise is comman question for people who are intrested in owning Franchise Business .
Step 1 Prepare the Financial as the Initial Investment: INR 12 Lakhs
Step 2 : Plan the Franchise Requirements like Real estate Licence etc
Step 3 Evaluate your business experience before applying
Step 4 Check if there are available markets in your location of interest . If there is any Belgian Franchise nearby then most probably it will not be approved
Step 5 Submit your application online With correct Data and Information
Step 6 : Franchise Approval: approval after financial and background checks if all things go well and Step
Step 7 : Open Your Dream Franchise Open your Belgian Waffle franchise after approval
Franchise Model
Franchise Investment Details:
| Model | Kiosk (Mall) | Cafe |
|---|---|---|
| Space | 80-100 Sq.ft. | 200-250 Sq.ft. |
| Setup Cost | INR 8.5-9 Lacs | INR 12-14 Lakhs |
| Franchise Fee | INR 2 Lacs | INR 3.5 Lacs |
| Security Deposit | INR 1.5 Lacs | INR 1.5 Lacs |
| Total Investment | INR 12-13 Lacs | INR 17.5-19 Lacs |
| ROI | 13-15 Months | 13-15 Months |
| Royalty | 8.50% | 8.50% |
| No. of staff | 3 | 5 |
Belgian Waffle Factory Franchise Requirements
| Requirement | Details |
|---|---|
| Type of Property | Commercial |
| Floor Area Requirement | 100 – 200 Sq. ft |
| Preferred Location | Good location with heavy customer footfall |
Belgian Waffle Factory Franchise Training
- Franchisee Training Location: Surat
- Field Assistance Available: Yes
- Expert Guidance for Franchise Opening: Provided by Head Office
Belgian Waffle Factory Franchise Agreement Details
- Standard Franchise Agreement: Yes
- Franchise Term: 5 Years
- Renewable Term: Yes
Starting a Belgian Waffle Franchise at International Center
Initial Investment: $16,000 to $25,000 (USA),
- Can$ 20,000 to Can$ 31,000 (Canada),
- NPR 19 – NPR 30 lakhs (Nepal),
- UAE 59,000 – 92,000 AED (UAE),
- ₱816,000 – ₱1,275,000 (Philippines),
- UK Pound 11,600 to 18,000 British pound sterlings (UK),
- EUR 13000
Royalty Fee: 8.5% of the total sales.
Growth and Expansion: The franchise has seen exponential growth in India in 2023 and Many International Location has also come up
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