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Waffcha is a European Dessert brand that specializes in serving freshly baked waffles and desserts with a variety of toppings. The brand was founded in 2019 and has since then expanded into multiple cities across India. Waffcha is known for its unique and delicious waffles, made using high-quality ingredients and served in a warm and welcoming environment. The waffle is then served with a variety of toppings such as chocolate, fruits, nuts, and whipped cream.
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It is not surprising that Indian cuisine offers a wide variety to satisfy a wide range of palates. India has a rich culinary history that has developed over many years. In this modern age, we are witnessing an intermingling of western and Indian cultures. Western desserts like waffles are becoming more and more popular here in India, even in Tier 1 and Tier 2 cities. The waffle market in India nowaccountsfor 6-8% of the total dessert market. Due to options like multi-grain waffles being available at numerous locations, they are not only a favourite dish for foodiesbut also for health-consciousindividuals. CONFECTIONARY STORE MARKET IN INDIA 2022-2026: GrowthContributedbyIndia:100% IncrementalGrowth($B):4.32 Growthfor2022:12.54% MarketgrowthwillAccelerateataCAGRof13.59%
TOPROVIDE OURCUSTOMERS WITH DELICIOUS, UNIQUE DESSERTSANDA WHOLESOME EXPERIENCE THAT WILL LEAVE ASMILEONTHEIRFACES. OURVISIONISTOBEATOPBRANDINTHE DESSERTSPACE,KNOWNEXCLUSIVELY FOR BLISSFULDELICACIES,COUPLED WITH CONVENIENCE ANDSIMPLICITYTHAT PROVIDEANUNMATCHEDEXPERIENCETO OURCUSTOMERS. • TOHAVE ALONG-TERMPARTNERSHIPWITH THOSEWHO SHARE THE SAMEVISIONASUSSOTHAT WECANGROW TOGETHER WHILE CONTINUOUSLY IMPROVING OUR PRODUCTS, PROCESSES,AND SERVICE. • TOBETHEBESTDESSERT BRANDINTHEQSR/KIOSK INDUSTRY.
The conceptof Waffcha has been created with knowledge of the limitations imposed by high rents, anditmakes the best useofavailable space and staff to produce products of consistentlyhigh quality and aspirational standards at reasonable prices.
Owing to the overwhelming response to our productsand the high profitabilityachieved at ourflagship stores in Patna and Ranchi, we are now lookingforward to taking a step further by providingfranchise opportunitiesto emerging entrepreneurs and businesspeople. Along with having fully fledged QSR outlets, our franchise can also be installed in public spaces like malls in the form of counters orkiosks. Check our complete 3 franchise business models where we have considered an affordable investment in franchise.
ELIGIBILITY CRITERIA Offers from all kinds of business-minded people, but having prior experience in the food and beverage industry will be like the icing on the cake. Financial Stability. PREFERREDLOCATION • A High traffic & Mid-high-Income level area providing a direct line of sight visibility of the Outlet.
KIOSK MODEL FranchiseFee:- SecurityDeposit:- Equipment:- Interior:- Total:- 2Lac 1Lac 2Lac 2-3Lac 7-8Lac AreaReq:- 60–150sqft Royalty:- 7.5% ROI:- 7–10months
QSRMODEL FranchiseFee:- SecurityDeposit:- Equipment:- Interior:- Total:- 2.5Lac 1.5Lac 2.5Lac 3-4Lac 8.5–9.5Lac AreaReq:- 150–300sqft Royalty:- 7.5% ROI:- 7–10months
CAFÉMODEL FranchiseFee:- SecurityDeposit:- Equipment:- Interior:- Total:- 3Lac 1.5Lac 3Lac 5-6Lac 12.5–13.5Lac AreaReq:- 300+sqft Royalty:- 7.5% ROI:- 7–10months
PROJECT AND INFRASTRUCTURE DEVELOPMENTSUPPORTIFREQUIRED. ASSISTANCE IN SOURCING OFRAW INGREDIENTS. ASSISTANCE IN THE RECRUITMENT OF CHEFS AND STAFF AND ALSO IN THEIRTRAINING. INTEGRATED POINT-OF- SALE TECHNOLOGY DIGITALMARKETING. TIE-UP AND VISIBILITY ON ONLINE AGGREGATORPLATFORMS (ZOMATO/SWIGGY).
LOCATION SETUP SUPPLY & SUPPORT MARKETING FACILITATION TRAINING PROGRAM SOP PRE SUPPORT EQUIPMENT LOCATIONSETUP:Brandwill assistinchoosingthebestlocations,besidesprovidinga blueprintoftheinteriordesignandarchitectureforcreatingauniformambiance. SUPPLY&SOURCING:Brandwill facilitatethecost-effectivesourcingofrawmaterials throughatrustedandreliable supplynetwork. MARKETING:Tosaveonthecostofexperimenting,thebrandwill shareitsexperience andknowledgeonhowtomarketandcommunicatethebrandproposition. FACILITATION:Thefranchiseeswillbenefit fromongoingR&D,menudevelopment, and othermarketdevelopmentinitiativestakenbythebrandfromtime totime. TRAININGPROGRAM:Brandwill conductanall-inclusivetrainingprogrammeforthestaff andchefsprior tothestartofbusinessoperations. SOP:Brandwillprovidebriefmandatoryandsuggestedspecifications,standards, operatingprocedures,andrulesforrunningthetakeawayanddeliverymodel. PRSUPPORT:Brandwill ensureregularcoverageatthelocallevel,besideshelpingin centralizedbrandbuildingthroughretailanddigitalmedia. EQUIPMENT:Brandwill sourceandprovidea detailedlistofequipmentrequiredfor outletoperations.
Finalization of location. Transfer of refundable security deposit and non-refundable franchise fee + taxes (non-refundable). Signing of a franchise agreement Setting up the outlet. Staff recruitment and SOP training programme. Raw material supply chain setup. Tie ups with online food aggregators (Zomato/Swiggy) . Inauguration of the outlet.
Notes a) The estimated investment does not include the costs of real estate, rent, deposits, brokerage, licence fees, raw materials, etc. This is an estimate prepared based on various factors. Actualfigures may vary depending on location, investment, size of the outlet, involvement of the franchise, buying power of the area, etc. Waffchadoes not give any guarantee of sales, expenses, or profitfigures. d) Raw material costs may vary depending on how production, purchase, and sales are managed by the franchise. b) c)
EXPENSESHEET Rent:- 30000/- 3Helper:- 30000/- Misc.:- 10000/- Marketing:- 10000/- = Expected:- 80k INCOMESHEET INCOME APPROX 60% GROSS MARGIN ON SALES GrossProfit (60% of Net Sales ) DAILY SALES MONTHLY SALE EXPECTED SALE NET PROFIT Dailysales of 10000 3 lac 1.8 lac 80k 1 lac Dailysales of 15000 4.5 lac 2.7 lac 80k 1.9 k Net Sales x Gross Margin (60%) = Gross Profit Gross Profit - Expenses = NET PROFIT
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