Waffle Cabin
Source filing: WI · filed 2026-07-17
Item 5 — Initial franchise fee
$23,500 [p.10 · WI · 2026-07-17]
Item 6 — Recurring fees (royalty & advertising)
| Royalty Fee (2) | See FDD [p.11 · WI · 2026-07-17] |
|---|---|
| Local Advertising (3) | See FDD [p.12 · WI · 2026-07-17] |
Full Item 6 schedule (including one-time and conditional fees) is in the FDD itself.
Item 7 — Estimated initial investment (total)
Not disclosed – Not disclosed
Base single-franchise offering as stated in the FDD's total row. Multi-unit or area-development formats are not broken out here.
Item 20 — Outlets
| Franchised outlets at start of year | 41 [p.47 · WI · 2026-07-17] |
|---|---|
| Franchised outlets at end of year | 43 [p.47 · WI · 2026-07-17] |
| Net change in franchised outlets | 2 [p.47 · WI · 2026-07-17] |
| Transfers | 1 [p.48 · WI · 2026-07-17] |
| Terminations | Not disclosed |
| Non-renewals | Not disclosed |
| Ceased operations (other) | Not disclosed |
| Company-owned outlets at end of year | 15 [p.47 · WI · 2026-07-17] |
Item 19 — Financial performance representation
Headline cohort
43 franchisee-owned cabins open and operating in 2025 calendar year · 2025 calendar year
| Outlets in sample | Average | Median | High | Low |
|---|---|---|---|---|
| 43 [p.45 · WI · 2026-07-17] | $39,072 [p.46 · WI · 2026-07-17] | Not disclosed | Not disclosed | Not disclosed |
All disclosed cohorts (2)
| Cohort | Outlets | Average | Median | High | Low |
|---|---|---|---|---|---|
| 15 company-owned cabins open and operating in 2025 calendar year 2025 calendar year |
15 [p.44 · WI · 2026-07-17] | $67,999 [p.44 · WI · 2026-07-17] | $74,728 [p.44 · WI · 2026-07-17] | $271,998 [p.44 · WI · 2026-07-17] | $21,597 [p.44 · WI · 2026-07-17] |
| 43 franchisee-owned cabins open and operating in 2025 calendar year 2025 calendar year |
43 [p.45 · WI · 2026-07-17] | $39,072 [p.46 · WI · 2026-07-17] | Not disclosed | Not disclosed | Not disclosed |
“The following represents the historical performance achieved by the 15 company-owned cabins that were open and operating in the 2025 calendar year.” [p.44 · WI · 2026-07-17]
Extraction notes
- Item 7 totals were extracted with model assistance and verified against the cited page.