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The Belgian Waffle Co. Franchise Cost in India

Know about the investment needed, business model, and key details you should understand before applying for The Belgian Waffle Co franchise in India.

Last updated on: March 24, 2026

The Belgian Waffle Co. franchise cost in India depends on the business model you choose and the city where you plan to operate. The brand follows a structured franchise system and operates in over 199 cities with more than 602 stores. It reportedly sells over 47,500 waffles daily across India.

If you are considering entering this quick-service dessert segment, it is important to understand the total investment, fee structure, and operating format before making a decision.

Reasons to Own the Belgian Waffle Co. Franchise

The brand has expanded steadily since its launch in 2015 and operates under Bloombay Enterprises Pvt. Ltd.

Here are some practical reasons many entrepreneurs consider this opportunity:

  • Established Brand Presence

With over 602 outlets across 199+ cities, the company boasts a mature brand presence. This established scale significantly mitigates the market entry risks typically faced by unproven brands.

  • High Daily Sales Volume

The brand reports selling over 47,500 waffles per day. Strong footfall in malls and busy streets supports consistent demand.

  • Standardised Operations

Recipes, batter formulations, and preparation processes are predefined. This ensures product consistency across outlets.

  • Comprehensive Training and Support

The franchisor assists with store setup, staff training, and initial marketing. This can be helpful if you are new to the food business.

  • Focused Menu Concept

The menu includes waffle sandwiches, waffle cakes, sundaes, shakes, and beverages. A specialised menu can simplify operations.

  • Reported Profitability Metrics

Industry sources suggest a profit margin between 25% and 35%, depending on rent and operating costs. Reported ROI is estimated at 14 to 16 months.

Note: Actual returns vary based on location, cost control, and market demand.

The Belgian Waffle Co. Franchise Model

The Belgian Waffle Co. franchise is offered under a Franchise Owned, Franchise Operated (FOFO) model, where you manage daily operations while the brand provides backend support, training, and standardised processes.

The franchise is available in two main formats:

1. Kiosk Model

This format is designed for compact, high-footfall locations.

  • Space requirement: 80 sq. ft. or more

  • Ideal locations: Mall food courts, busy streets, college areas

  • Staff requirement: 2 to 4 employees

  • Suitable for: Quick service and takeaway-focused sales
     

This model generally requires lower rental costs compared to a full café setup.

2. Café Model

This is a larger dine-in format that allows seating and a broader customer experience.

  • Space requirement: 200 sq. ft. or more

  • Staff requirement: Around 5 employees

  • Suitable for: Malls, high-street retail zones, commercial hubs
     

The café format may generate higher average billing due to seating and additional menu options. However, it also involves higher rental and operating expenses.

Breakdown of the Belgian Waffle Co. Franchise Cost

After understanding the business model, it helps to review how the total investment may be distributed. The investment varies based on whether you opt for a kiosk or a café model. Costs may also differ slightly depending on location, rental rates, and local setup expenses.

Here is a clear breakdown of what you can expect:

Cost Component Kiosk Model (Approx.) Café Model (Approx.)

Franchise Fee

₹3.5 Lakhs

₹5 Lakhs

Interior & Setup

₹6–8 Lakhs

₹10–12 Lakhs

Equipment & Machinery

Included in setup

Included in setup

Initial Inventory

₹50,000–₹1 Lakhs

₹1–1.5 Lakhs

Staff Hiring & Training

Included

Included

Total Estimated Investment

₹12 Lakhs

₹18 Lakhs

Other Ongoing Costs to Consider

  • Monthly rent (varies by city and footfall)

  • Staff salaries

  • Utility bills

  • Raw material procurement

  • Local marketing expenses

Reported industry estimates suggest a profit margin between 25% and 35%. Return on investment is commonly estimated at 14 to 16 months.

Note: These figures are approximate and location-dependent. For accurate quotes, it is recommended to contact The Belgian Waffle Co.

Note: The Belgian Waffle Co. franchise fee forms part of the total investment and grants you the right to operate under the brand name. The Belgian Waffle Co. franchise price mentioned above is indicative and may vary depending on real estate costs and city-specific factors.

Eligibility Criteria Required for The Belgian Waffle Co. Franchise

While exact criteria may vary, you are generally expected to:

  • Be at least 18 years old

  • Have adequate financial capacity for investment

  • Arrange a suitable commercial space

  • Be willing to follow brand operating standards

  • Comply with food safety and tax regulations

Documents Required for the Belgian Waffle Co. Franchise in India

Once your application moves forward, you will need to submit supporting documents for verification and agreement purposes. The list may vary slightly depending on city regulations and company policies.

Here is the checklist you need to complete:

Category Documents Required

Personal Documents

Aadhaar Card, PAN Card, Voter ID or Passport, Address Proof

Financial Documents

Bank statements (last 6 months), Income Tax Returns (if applicable), Proof of investment funds

Property Documents

Ownership papers (if self-owned), Registered lease agreement (if rented), Landlord’s NOC (if applicable)

Business Registrations & Licences

FSSAI registration, GST registration, Local municipal trade licence, Shop and Establishment registration

Keeping these documents ready can speed up approval and reduce back-and-forth communication during the onboarding process.

Steps to Apply for The Belgian Waffle Co. Franchise in India

Once you are comfortable with the investment structure, you can begin the application process. The process usually follows a structured evaluation format.

  1. Visit the company’s official franchise application page at https://thebelgianwaffle.co/franchiseapplication/.

  2. Complete the application form by providing your personal, financial, and professional details.

  3. The brand reviews your profile to assess suitability.

  4. If shortlisted, you may have a detailed discussion covering investment capacity, location options, and expectations.

  5. You must identify a suitable commercial space with strong footfall. The brand typically approves the final location.

  6. Once terms are agreed upon, the formal agreement is executed.

  7. The company assists with layout, equipment installation, and staff training.

  8. After setup and compliance checks, operations begin.

Financial Planning and Support Options

Proper financial planning helps you manage both initial investment and ongoing expenses. A clear funding plan ensures smoother operations during the first few months.

Here are common funding options used by franchise investors in India:

Business Loans

You can compare and get a business loan from several lenders available on Bajaj Markets. Such financing may help you manage setup expenses, equipment purchases, and working capital needs.

Government Loan Schemes

Schemes such as PMEGP, MUDRA Yojana, or Stand-Up India may support eligible small business applicants. Loan approval and limits depend on scheme guidelines and bank policies.

Investor Partnerships

Some franchise owners partner with investors to share capital requirements. This can reduce individual financial burden and risk exposure.

Personal Savings

Using personal funds may reduce reliance on external borrowing. It can also lower interest costs during the early stage of operations.

Before choosing any option, review interest rates, repayment terms, and processing charges carefully.

Business Loan Offers and Interest Rates by Various Lenders on Bajaj Markets

If you plan to fund your franchise through borrowing, comparing lenders can help you manage repayment better.

Here are the business loan offerings available on Bajaj Markets:

Available Offerings

Max Loan Amount

Min Interest Rate

Max Tenure

Aditya Birla Capital Business Loan

₹10 Lakhs

22% p.a.

36 months

Ambit Finvest Business Loan

2 Lakhs

20% p.a.

36 months

AYE Finance Business Loan

2 Lakhs

29.5% p.a.

30 months

Bajaj Finance Business Loan

80 Lakhs

14% p.a.

96 months

FlexiLoans Business Loan

50 Lakhs

18% p.a.

42 months

IIFL Finance Business Loan

30 Lakhs

16.5% p.a.

48 months

InCred Business Loan

3 Lakhs

24% p.a.

60 months

Indifi Business Loan

30 Lakhs

22% p.a.

36 months

KreditBee Business Loan

30 Lakhs

18% p.a.

36 months

L&T Finance Business Loan

₹75 Lakhs

15.5% p.a.

60 months

Lendingkart Business Loan

35 Lakhs

19.2% p.a.

36 months

Protium Business Loan

₹35 Lakhs

20.5% p.a.

36 months

Credit Saison Business Loan

₹10 Lakhs

22% p.a.

36 months

UGRO Capital Business Loan

₹50 Lakhs

24% p.a.

72 months

Godrej Capital Business Loan

₹50 Lakhs

16% p.a.

72 months

*Disclaimer: The details mentioned in the above table are indicative and may vary based on the lender's policies and eligibility criteria.

Conclusion

Opening a franchise requires careful financial planning and operational commitment. The Belgian Waffle Co. has expanded across hundreds of Indian cities and operates under a structured FOFO model.

Before applying, review the investment structure, ongoing costs, and funding options. Confirm updated figures directly with the company to make an informed decision.

Financial Content Specialist

Reviewer

Aakash Jain

Frequently Asked Questions – The Belgian Waffle Co. Franchise

Does The Belgian Waffle Co. provide franchise in India?

Yes. The brand operates a franchise model across India under a Franchise Owned, Franchise Operated structure. Applications are reviewed based on eligibility and investment capability.

The initial investment requirement is about ₹23 to ₹25 Lakhs approximately. However, actual costs may vary by the model you choose, the city and rental rates. Always confirm updated figures with the company.

Industry estimates suggest profit margins between 25% and 35%, with a reported return on investment of 14 to 16 months.

However, profitability depends on location, operating costs, rent, and management efficiency. Results may vary.

The brand was founded in 2015 and is owned by Bloombay Enterprises Pvt. Ltd. Public information highlights Shrey as the founder behind the concept.

For the current CEO or leadership details, you should refer to the company’s official website or corporate filings, as leadership roles may change over time.

 

Prior experience is not mandatory. The company provides training and operational guidance. However, basic business management skills and the ability to supervise daily operations are important for long-term success.

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