Q. DO I NEED PRIOR EXPERIENCE IN THE RETAIL WAFFLES BUSINESS? A. No. This is a retail business that requires management and personnel development skills. You can take advantage of the years of experience Get A Waff and its staff have acquired in the retail belgian waffles business. Q. DOES MY FRANCHISE HAVE A PROTECTED TERRITORY? A. Yes. No other franchise or company-owned store will be permitted to open in your defined territory. Q. CAN I SELL MY GET A WAFF STORE AND TRANSFER MY FRANCHISE? A. Yes. You can sell your Get A Waff Store and transfer your franchise with our prior consent. Q. WHAT TYPE OF FRANCHISE OPPORTUNITIES ARE AVAILABLE? A. Single unit franchise, as well as, multiple unit area development agreements are available for qualified individuals. Q. WHAT INITIAL SERVICES DO I RECEIVE? A. Our team assists you during the development phase of your franchise with site selection, store layout and design, equipment specification, product procurement, management training, and more. We will work with you to ensure that everything goes smoothly for the opening of your store. Q. WHAT TRAINING DO I RECEIVE AS A NEW FRANCHISEE? A. Each new franchise owner and store manager is required to attend a one (1) week training program at the Get A Waff corporate headquarters in Gatlinburg,TN. The program consists of both in-store and classroom instruction, and includes all necessary information and training to become an Get A Waff franchisee. In the pre-opening days of your operation, we will be on hand to provide additional training to you and your staff and to assist in the opening of your store. Q. WHAT CONTINUING ASSISTANCE CAN I EXPECT TO RECEIVE? A. The support and assistance you receive is comprehensive and complete. It begins the moment you are accepted as a franchise owner and continues throughout your tenure with us. Our team provides on-going support and assistance in the efficient operation of your store, all intended to maximize your gross volume and bottom line profits. Our corporate staff is dedicated to one ideal: our success is dependent upon your success. Q. WHAT PRODUCTS AM I REQUIRED TO SELL? A. You are required to sell only Get A Waff approved menu items. Any additional items must be approved in writing by us as consistent with the image and quality standards of the “Get A Waff System.” Q. WHERE DO I PURCHASE THESE PRODUCTS? A. To insure quality, consistency, uniformity, convenience and savings for our franchisees, the Get A Waff ready-mix is purchased from suppliers designated by Get A Waff. These products are proprietary products that have been exclusively developed for Get A Waff. The Get A Waff ready-mix includes key ingredients that are imported by Get A Waff Corporation, because these key ingredients are just not existing in the US. That assures an exclusive product for the Get A Waff franchisee that can not be reproduce by the competition. Q. WHAT IS THE SIZE OF A GET A WAFF STORE? A. The size of a Get a Waff store varies from 100 to 500 square feet, depending upon the demographics and the type of location being leased. Q. HOW DO I SELECT THE RIGHT SITE? A. With the assistance of a qualified commercial real estate agent, you will identify potential locations. We provide tools for reviewing sites formulated on experience-based criteria, and provide consultation regarding the selection of potential sites. All locations must be approved by Get A Waff. Typically, stores will operate out of leased premises in heavy walking traffic cities or neighborhoods and any place where heavy walking traffic occured, as airport, downtown location, beaches, malls, etc... . Q. HOW MUCH IS THE FRANCHISE FEE? A. The franchise fee is Twenty-nine thousand ($29,000) dollars. Q. WHAT IS THE TERM OF THE FRANCHISE AGREEMENT? A. The term of the franchise agreement is ten (10) years. You may renew the franchise agreement for consecutive additional option terms equal to the new or extended term of the lease Q. IS THERE A RENEWAL FEE FOR EACH ADDITIONAL OPTION TERM? A. Yes. The renewal fee for each additional option term is $2,900. Q. HOW MUCH IS THE CONTINUING ROYALTY FEE? A. That's the good news. A Get A Waff franchisee does not pay any royalties for the first twelve months. 6% of gross as franchise fee thereafter. Q. WHAT IS THE INVESTMENT REQUIRED TO OPEN A GET A WAFF FRANCHISE? A. The estimated initial investment required ranges from $61,500 to $140,000. Q. I AM VERY INTERESTED. WHAT IS MY NEXT STEP? A. Complete and submit the Information Form and a representative from our Franchise Development Department will contact you.