We [Country Waffles, Inc.] are a registered franchisor under the California Franchise Investment Law. You may obtain a copy of our Uniform Franchise Disclosure Document [UFDD] by contacting us at 720 E. North Ave., Ste. 108, Fresno, California 93725, Tel: (559) 233-4330, FAX: (559) 233-4301, Email: email@example.com. Our UFDD contains a great deal of information about us, including answers to many of the questions a prospective franchisee would have. It also contains copies of our audited financial statements and our standard form Operating [franchise] Agreement.
You may purchase from us a franchise to operate a single unit at a specified location, or, you may acquire an area in which you will own and operate multiple units. The initial franchise fee for a single unit is $20,000, and the continuing monthly royalty is 4% of your gross revenues. If you acquire an area for multiple units, you will pay a smaller initial franchise fee for your second and subsequent units, and your continuing royalty will also be smaller.
We do not use Sub-Franchisors. No persons or entities, except our own employees, have authority to offer for sale or to sell Country Waffles franchises.
We do use Area Directors to supervise and assist franchisees in designated geographical areas. If you wish to become an Area Director and can qualify as such, based on your experience and success as a “Country Waffles” owner/operator, we will share with you the initial franchise fees we receive from new franchises created in your area and we will also share with you royalties we receive from other franchisees in your area.