Wafels & Dinges

Franchise Information

Analyzed filing: NY · File #40155

FDD issued: Feb 4, 2022

FDD Issued: Feb 4, 2022

Extracted: Aug 1, 2026

Analyzed

Franchisor Details

Name: Belgo Franchisor LLC

Parent: Belgo Holdings LLC

Address: 8401 Park Meadows Center Drive, Unit 5555, Lone Tree, CO 80124

Phone: (646) 257-2592

Website: www.wafels.com

Franchising Since: 2021

Industry & Qualifications

Industry

Food & Beverage

Training

3 weeks

Veteran Discount

10.0%

Franchise Fee

$12,000 - $35,000

Royalty

6.0%

Ad Fund: 2.0%

Total Investment

$98K - $499K

Initial Term

20 years

Renewable

Outlet Information

Total Outlets (2021)

Company-Owned

Opened (Last Year)

Closed (Last Year)

-0

Churn Breakdown (Last Year)

Terminations

Non-Renewals

Ceased Ops

Transfers

Reacquired

Exclusive Territory

Franchisees operate within a defined non-exclusive Trade Area.

Item 19 (Financial Performance)

Disclosed

Data is for 3 company-owned locations (NYC Bryant Park, NYC Herald Square, MN Ma...

Financial Performance (Item 19)

Avg Unit Volume (through Dec 2021)

$900,103

Median

$581,897

Highest

$1,714,897

Lowest

$403,514

Sample Size

3 units

Unit Economics

Labor Cost

19.1%

COGS

21.4%

Rent/Occupancy

12.8%

Legal History

Litigation: None

Bankruptcy: None

Number	File name	Source State	Filing Date	Actions
40159	431463_Franchise__Belgo_Franchisor_LLC_EFDID__4_New York_40159.pdf Alternate source copy · newest filing	NY	Feb 4, 2022 FDD issue date	Restricted
40155	431463_Franchise__Belgo_Franchisor_LLC_EFDID__4_New York_40155.pdf Canonical 2022 analysis	NY	Feb 4, 2022 FDD issue date	Restricted
22254	431463_Franchise__Belgo_Franchisor_LLC_EFDID__4_Virginia_22254.pdf Alternate source copy	VA	Dec 29, 2021 FDD issue date	Restricted
12573	431463_Franchise__Belgo_Franchisor_LLC_EFDID__4_South Dakota_12573.pdf Alternate source copy	SD	Dec 29, 2021 FDD issue date	Restricted
32731	431463_Franchise__Belgo_Franchisor_LLC_EFDID__4_Maryland_32731.pdf Canonical 2021 analysis · needs review	MD	Dec 29, 2021 FDD issue date	Restricted

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