Key Numbers
57
Total units open
5 net
Units opened last year
6 opened, 2 terminated, 0 not renewed
2
Units closed last year
5
Net unit growth
Waffle Cabin Franchise
Franchised by Atomium, Inc. · FDD 2026
Food & Beverage FDD 2026 Founded 2012 · 14+ yrs Item 19 disclosed
Data extracted from Atomium, Inc.'s 2026 Franchise Disclosure Document, filed under FTC Rule 16 CFR 436. How we analyze FDDs →
Initial investment
$91K - $226K
Franchise fee
$24K
Median unit revenue
$28k
System size
43 (+2)
The Verdict
Quick Verdict · who it fits
Waffle Cabin fits owner-operators looking for an emerging food & beverage concept.
✓ Strengths
- ✓Discloses Item 19 financial performance
- ✓No disclosed Item 3 litigation
- ✓Grants exclusive territory protection
⚠ Risks to review
- ⚠Short 5-year initial term
Key FDD Facts
The numbers a buyer needs first — straight from the filing.
Initial investment (Item 7)
$91K - $226K
Franchise fee (Item 5)
$24K
Royalty (Item 6)
5%
Item 19 median rev
$28k franchisee-owned cabins
System size (Item 20)
43 +2
Agreement term
5 yrs
Years in business
14+ yrs
Training (Item 11)
3 days
Company-owned units
15
Item 3 litigation
None disclosed
Model Waffle Cabin's costs in the investment calculator → Prefilled from this filing — startup cost, cash flow and break-even.
Buyer qualifications
✓Exclusive territory•Owner-operator required✓No bankruptcy disclosed✓No Item 3 litigation
Data extracted from the 2026 FDD filed with state regulators. Fees and terms may have changed since filing — request the current FDD from the franchisor before deciding. Not legal, financial, or investment advice. Full disclaimer.
What you'd pay the franchisor
Drag to your projected annual sales. Royalty 5% on gross sales.
PROJECTED ANNUAL SALES$100,000
$100k$2M
Royalty (5%)
—
Total / year
—
▪ Of-sales fees only · excludes rent, labor, COGS, and one-time costs · for illustration
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What's inside
Franchise Overview
Costs & Fees Breakdown
Your Obligations
Franchisor Obligations
Financial Statements
Contracts Summary
Unit Economics
Network Health
Litigation Risk
Earnings Analysis
Financial Fit Analysis
Buyer Verdict
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Research, not legal advice. Use this report alongside professional legal and financial review before signing any franchise agreement.
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Competitive intelligence for franchisors →Executive Summary
Free AI summary — the first read on the filing.
AI Due Diligence Findings PREMIUM
What our analysis flagged across the 2026 filing.
5
Risks to review
4
Strengths identified
5
Questions to ask
Industry Benchmarks
How Waffle Cabin ranks against 749 Food & Beverage peers we've analyzed.
Initial investment
8th pct · of 749 peers
Franchise fee
11th pct · of 749 peers
System size
58th pct · of 749 peers
Food & Beverage industry averages
Avg investment
$589K - $1.4M
Avg franchise fee
$37K
Avg system size
261
Franchises analyzed
749
How Waffle Cabin stacks up
Closest concepts by category and investment.
| Brand | Item 19 | Fee | Investment | Royalty | Units |
|---|---|---|---|---|---|
| Waffle Cabin | Disclosed | $24K | $91K - $226K | 5% | 43 |
| Warabimochi Kamakura Similar price | None | $1K | $89K - $227K | 6.5% | 0 |
| Doctor's Associates Biggest system | None | $15K | $227K - $630K | 8% | 18,773 |
| Vintage Hospitality Group Top-rated in category | Disclosed | $50K | $3.5M - $6.4M | 5.5% | 33 |
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Frequently asked questions
How much does a Waffle Cabin franchise cost?
Waffle Cabin requires a $23,500 initial franchise fee and a total initial investment range of $91,000–$226,100, per the most recent FDD on file.
Who owns Waffle Cabin?
Waffle Cabin is franchised by Atomium, Inc., the franchisor entity of record on its Franchise Disclosure Document. Item 1 of the FDD discloses the franchisor's corporate history, parents, and predecessors.
Does Waffle Cabin disclose financial performance (Item 19)?
Yes. Waffle Cabin discloses Item 19 financial performance representations with reported revenue around $28,147. See the financials sub-page for the full distribution.
What ongoing fees does Waffle Cabin charge?
Franchisees pay a royalty of 5% of Gross Sales on gross sales as defined in Item 6 of the FDD.
How many Waffle Cabin locations are there?
As of their 2026 FDD, Waffle Cabin has 43 total locations, with 2 new locations opened in the most recent reporting year. This information comes from Item 20 of the FDD.
Does Waffle Cabin offer franchisee training and support?
Yes. Waffle Cabin's most recent FDD documents approximately 3 days of initial training, typically split between classroom and on-site components. See Item 11 of the FDD for the full training and support schedule.
Does Waffle Cabin grant exclusive territory?
Yes. Waffle Cabin grants franchisees an exclusive territory under Item 12 of the FDD. Note that exclusive territories often carve out online sales, alternative distribution channels, and non-traditional venues — review the full Item 12 language before signing.
What are the renewal and exit terms?
Per the FDD, Waffle Cabin discloses an initial agreement term of 5 years. Review Items 10 and 17 for the full renewal and termination provisions.
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