39 outlets · 30 cities · Just Waffle It

TBWX vs Baskin Robbins. How to Compare

TBWX is a Belgian waffle franchise; Baskin Robbins is a global ice cream brand. We publish TBWX's numbers below and give you the checklist to get the same answers from Baskin Robbins, or any other brand, directly.

TBWX: Rs 4-7L all-in

Published investment range, franchise fee Rs 2 lakh (+18% GST) included. Baskin Robbins' current costs: verify on their official channels.

TBWX: 5% royalty + GST

Our published royalty structure, no separate marketing fund. Ask any franchisor for theirs in writing.

TBWX: made-to-order model

Waffles are prepared per order, so spoilage stays minimal. Ask any frozen-product franchisor how wastage and cold-chain costs are handled.

Different categories

Waffles and ice cream serve different cravings and formats. Your catchment, budget and your own diligence should decide.

TBWX's published numbers

Investment Rs 4-7 lakhs all-in (exclusive of GST). Franchise fee Rs 2 lakh (+18% GST). Royalty 5% of sales plus GST. Breakeven typically 8-14 months. 38 outlets across 30 cities and 15 states. Most partners run profitable outlets. 7 product categories from one kitchen, made to order. These are the figures we put in writing — ask us to document any of them during your evaluation.

What to ask Baskin Robbins (or any franchisor)

Get the same data points directly from any brand you compare: total investment including deposits, equipment and cold-chain setup; franchise fee and royalty structure, including any marketing fund; average monthly revenue of a typical outlet, with proof; gross margin after input costs and wastage; how seasonality affects monthly cash flow; time to breakeven for recent franchisees; and contact details of 2-3 existing partners you can call. A good franchisor answers all of these in writing. We don't quote other brands' numbers here — they aren't ours to publish.

Choosing between the two categories

A global brand brings recognition from day one; a growing brand like TBWX brings a lower published entry point and early-mover territory in Tier-2/3 cities. Neither is automatically better — compare the documented numbers each brand gives you, visit running outlets of both, and pick the one whose math works in your city.

Common Questions

Franchise FAQs for TBWX vs Baskin Robbins. How to Compare

They're different businesses. Waffles are made to order with minimal spoilage; ice cream is a frozen product with cold-chain and seasonality questions worth asking about. Compare documented numbers from each brand you evaluate rather than category generalisations.
Baskin Robbins doesn't have its figures published by us — get current investment, fees and royalty from their official franchise channels. TBWX's published range is Rs 4-7 lakh all-in with a Rs 2 lakh franchise fee (+18% GST).
It depends on your location, rent and execution. TBWX publishes its own numbers: Most partners run profitable outlets, with typical breakeven in 8-14 months on a Rs 4-7 lakh investment. Ask any brand you compare for the same documented figures.

Trademark & non-affiliation notice

Brand names referenced on this page are trademarks of their respective owners. The Belgian Waffle Xpress (TBWX) is an independent brand operated by G Square & Company and is not affiliated with, owned by, merged with, a subsidiary of, or related to any of the brands named here. Comparisons exist to help franchise prospects make informed decisions, not to disparage.

Figures cited about other brands are drawn from publicly available sources as of publication date and may be out of date. For current, authoritative information about a named brand, visit the brand directly:

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