What
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Where
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At a glance
5 Lakhs - 10 Lakhs
Investment Range
6 - 10
Franchise Count
101 - 500 sq.ft
Area Required
On Inquiry
Payback Period
7
Years in Franchising

About the brand

The Horsemen Franchise

About Us:

The Waffle Cottage emerges from the passion and expertise of two seasoned food aficionados with diverse industry backgrounds. Our founders share a vision of crafting an inviting, homely atmosphere while serving delectable waffles and shakes. We take immense pride in introducing innovative sweet and savory waffle creations to the Indian audience. Behind our venture lies a sustainable and financially rewarding business model that demands minimal initial capital and operates with exceptionally low overheads. We eagerly seek aspiring entrepreneurs with a hunger for growth, offering them an opportunity to own and manage their own café with zeal. Our strategic focus extends to captivating markets nestled in picturesque hill stations and emerging tier 2 cities.

Food & Beverage Quick Service Restaurants B2C Owner-Operated Individual/Family

Investment and financials

Cost overview
Investment range5 Lakhs - 10 Lakhs
Franchise / Brand feeAvailable on inquiry
Royalty / CommissionAvailable on inquiry
Investment tierMid
Area required101 - 500 sq.ft
Staff required4 - 15
Setup complexityModerate
Business termLifetime
Renewal availableYes
Returns outlook
Expected monthly revenue
1,60,000 to 5,00,000 per month
Revenue levelLow
Business modelB2C
Capital paybackAvailable on inquiry
Capital sensitivityHigh

Investor fit profile

Operations
Operation modeOwner-Operated
Location typeMall/High Street
Home-based possibleNo
Can run part-timeNo
Primary customerIndividual/Family
Market characteristics
SeasonalityMedium
Recession resistanceHigh
Digital integrationHigh
Years in franchising7 years
Avg units / year1.4
Expansion velocitySlow
Ideal for
Small business owner Career changer Graduate entrepreneur Food entrepreneur

Franchise support

Tax system inclusion
Franchise manuals
Head office support
Field assistance
IT systems included
Agreement template
Training and agreement details
Training location
Noida
Business term
Lifetime
Renewal available
Yes

Brand strength

7
Years Franchising
1.4
Avg Units / Year
2018
Founded
B
Brand Tier
B
Tier B — Growing brand
A+Established AMature BGrowing CStartup
Growing Slow

Forefind rank history

#356#469#582#6952020202120222023202420252020: #6342021: #6622022: #6742023: #6752024: #8042025: #358
Current rank
#358
#358 of 946 in Quick Service Restaurants
2025
Moved up 276 places since 2020
Based on Forefind scoring model

Licences and compliance

Required licences and registrations for operating this franchise in India. Requirements may vary by state and city tier.
FSSAI
Eating House License
Fire NOC
Setup complexity: Moderate

Disclaimer: All scores, rankings, and estimates on ForeFind are independently produced editorial assessments using publicly available data and validated brand-submitted information. They are not verified facts, financial advice, or investment recommendations. Full Disclaimer.

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