Famous Belgian Waffles

Bypinoyentre

Oct 19, 2012

Famous Belgian WafflesFamous Belgian Waffles is the first ever and the original crispy and freshly baked Belgian waffles sandwich in the country opened last September 16, 2012. They uses all premium fillings like chocolate, cream cheese, blueberry & strawberry marmalade, hazelnut, and more other exciting flavors to choose from at a very affordable price

Famous Belgian Waffles was an instant hit the moment it started. It easily captured the hearts of its patrons by following a very simple principle – delight your customers and exceed their expectations by offering them an innovative product of high quality at an affordable price.

Famous Belgian Waffles developed this versatile snack and changed the way Filipino eat a freshly baked Belgian waffle. They made it to a sandwich form to make it a grab and go product that comes with several filings to choose from such as chocolate, peanut butter, hazelnut, blueberry cream cheese, ham and cheddar, banana chocolate and a lot more.

In a span of 6 years, Famous Belgian Waffles is currently operating 500+ branches nationwide and including one branch in the USA. It has grown from kiosks to semi coffee shop concept. The brand is well-loved by many simply because of its affordability and outstanding quality.

Famous Belgian Waffles’ goal is to design a lucrative business for people who wants to grow their savings in a short period of time. Famous Belgian Waffles has been on top of people’s mind in the franchising industry. It has received the Most Promising Franchise by the Department of Trade and Industry and Philippine Franchise Association in 2015, bagged the Outstanding Filipino Franchise given by the same institution in 2017.

Mission:
For Filipinos to enjoy the aroma and taste of freshly baked and affordable waffle sandwich in all major malls, business areas and commercial districts in the country.

How to franchise Famous Belgian Waffles:

FAMOUS BELGIAN WAFFLES FRANCHISE PACKAGES

1. Standard Food Cart: starts at Php550,000 (All-in)

  • An open-front cubicle suitable for compact areas such as transport terminals or small food courts.
  • Maximum of 3-6 sqm.

2. Standard Kiosk: starts at Php650,000.00 (All-in)

  • A cubicle suitable for large commercial establishments such as corporate buildings or school cafeterias.
  • Maximum of 6-8 sqm.

3. Standard Counter: starts at Php730,000.00 (All-in)

  • A cubicle similar to the Standard Kiosk, with the inclusion of 4 tables for dine-in. Suitable for malls, airports, or big hospitals.
  • Minimum of 8 sqm.

4. In-Line Package

  • A large booth with the inclusion of 5 tables, suitable for al fresco dining at malls or parks.
  • Minimum of 8 sqm.

Terms of Franchise: 3 years (subject to renewal)
Royalty: 10 % of net purchase (after VAT)
Marketing Fee: 3% of net sales (only if applicable)
Ideal Location: Malls, Business Districts, Building Cafeterias, School Cafeterias, Hospital Cafeterias, Airport, Transport Terminal, Commercial Areas and Hospitals.

Franchise Package Includes the following:

  • Use of FAMOUS BELGIAN WAFFLES Trademark
  • Use of Business Operating System
  • Store Set-Up
  • Pre-Operation Crew Training and Orientation
  • Opening Assistance
  • Continuous Franchisor Support

Contact Details of Famous Belgian Waffles:

3rd Floor, Unit Q. Magnitude Place Bldg.,
Bagumbayan, Libis Quezon City, Philippines
Tel. No.: (02) 8470-4083 / (02) 8425-2591
Mobile: (0917)559-4318
Email: [email protected]
Website: www.famousbelgianwaffles.com
Facebook Page (This link will open on a new window)

Basics of Franchising Famous Belgian Waffles

Franchising benefits

Franchisees gain access to a proven business model, established brand reputation, and ongoing support from Famous Belgian Waffles, reducing the risks associated with starting a new business. They benefit from collective advertising and marketing efforts conducted by the franchisor, which can result in increased customer traffic and sales. Franchisees also have the opportunity to tap into the training and operational resources provided by the franchisor, enhancing their chances of success and profitability. Below are just a few pointers why franchising Famous Belgian Waffles is beneficial for the inverstors:

High success rate due to its business model rather than starting from scratch.

Franchising Famous Belgian Waffles offers the advantage of tapping into an established reputation and customer base, which can significantly reduce the time and effort required to build brand recognition. Additionally, franchisors typically provide comprehensive training, ongoing support, and proven business models, mitigating many of the risks associated with starting a new venture.

Franchisees benefit from economies of scale in purchasing, marketing, and operational support, which can lead to cost efficiencies and improved profitability.

Overall, franchising offers a structured pathway to entrepreneurship with a higher likelihood of success compared to launching a new brand independently.

Famous Belgian Waffles is a recognized brand or trademark that can bring you success.

Success is achievable for franchising recognized brands like Famous Belgian Waffles due to their established reputation, which can attract customers more readily and build trust faster than starting a new brand. Franchisees benefit from proven business models, operational support, and marketing strategies provided by Famous Belgian Waffles, reducing the risks associated with independent entrepreneurship.

Additionally, being part of a well-known brand network offers access to economies of scale, collective marketing efforts, and a support system among fellow franchisees, enhancing the likelihood of success.

Availing financing from various sectors is highly likely due to a good brand reputation.

Financing is often more readily available when franchising a reputable brand due to several factors. Banks and lenders are typically more willing to provide loans to franchisees of established brands because they have a proven track record of success and lower risk compared to new, unproven businesses.

Additionally, franchisors may have relationships with financial institutions or offer financing options themselves, making it easier for franchisees to secure funding. The recognizable brand name and business model of Famous Belgian Waffles also provide a level of security for lenders, increasing the likelihood of loan approval and favorable terms for franchisees.

Formula for success that a franchisor may provide.

Low-cost supplies and efficient supply chain management contribute to higher profit margins for franchisees by reducing the cost of goods sold. Effective marketing increases brand visibility and customer traffic, leading to increased sales and revenue. A prime location maximizes foot traffic and accessibility, further enhancing the franchisee's revenue potential and profitability.

5 things to consider when franchising Famous Belgian Waffles

1 Make sure that you really want to own this franchise and this will best fit your venture among other offered business opportunities.

2 Be certain that you can work harmoniously with Famous Belgian Waffles franchise and it is within your interest. A visit to one of the franchise store will help you be more aware of operation and proceedings.

3 Carefully study the Terms and Condition, Franchise Agreement, and what are included in franchising Famous Belgian Waffles.

4 Check if Famous Belgian Waffles franchise will be compatible with the rules and regulation, as well as existing laws on chosen location.

5 Best location is one key aspect to have a successful Famous Belgian Waffles franchise. Study the environment and see if your business suits the surroundings.

Successful frachising 101

Becoming a successful Famous Belgian Waffles franchisee requires a combination of strategic planning, dedication, and hard work. Here are some steps you can take to increase your chances of success:

Research

Start by researching various franchise opportunities to find one that aligns with your interests, skills, and financial resources. Look for franchises with a proven track record of success, strong brand recognition, and a supportive franchisor.

Understand the Franchise Agreement

Carefully review the franchise agreement, including all terms, fees, and obligations. Make sure you fully understand the expectations and requirements of being a franchisee.

Financial Planning

Evaluate your financial situation and determine how much capital you have available for investment. Consider not only the initial franchise fee but also ongoing expenses such as royalties, marketing fees, and operational costs.

Training and Support

Choose a franchise that offers comprehensive training and ongoing support to franchisees. Take advantage of all training programs provided by the franchisor to learn the ins and outs of the business.

Location Selection

If the franchise involves a physical location, carefully choose the location for your business. Consider factors such as foot traffic, demographics, competition, and lease terms.

Follow the System

One of the benefits of franchising is that you're buying into a proven business model. Follow the franchisor's system and guidelines closely to increase your chances of success.

Provide Excellent Customer Service

Focus on providing excellent customer service to build a loyal customer base. Happy customers are more likely to return and recommend your business to others.

Marketing and Promotion

Take advantage of the marketing support provided by the franchisor, but also be proactive in promoting your business locally. Utilize social media, local advertising, and community events to attract customers.

Manage Finances Wisely

Keep track of your finances closely and manage expenses efficiently. Monitor your cash flow, budget carefully, and seek professional advice if needed.

Adapt and Innovate

Be willing to adapt to changing market conditions and customer preferences. Look for opportunities to innovate and differentiate your business from competitors.

Network with Other Franchisees

Connect with other franchisees within the same system or industry to share insights, experiences, and best practices. Networking with fellow franchisees can provide valuable support and advice.

Stay Committed

Building a successful franchise takes time and effort. Stay committed to your business, remain focused on your goals, and be prepared to overcome challenges along the way.

By following these methods and staying dedicated to your business, you can increase your chances of becoming a successful Famous Belgian Waffles franchisee.

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