RITA’S ICE-CUSTARD-HAPPINESS vs Waffle Love
Franchise Comparison 2026
Both RITA’S ICE-CUSTARD-HAPPINESS and Waffle Love are quick-service restaurants franchises. RITA’S ICE-CUSTARD-HAPPINESS requires an investment of $315K – $713K while Waffle Love requires $327K – $703K. In terms of revenue, Waffle Love reports higher average unit revenue at $685K. RITA’S ICE-CUSTARD-HAPPINESS has SBA lending data on file with a 5.2% charge-off rate. FranchiseVerdict rates RITA’S ICE-CUSTARD-HAPPINESS A (Strongest tier) and Waffle Love B (Above average).
| Metric | RITA’S ICE-CUSTARD-HAPPINESS | Waffle Love |
|---|---|---|
| Verdict Grade | AStrongest tierStrongest tier | BAbove averageAbove average |
| Investment Range | $315K – $713K | $327K – $703K |
| Franchise Fee | $35K | $30K |
| Royalty Rate | 6.5% | 6.0% |
| Average Revenue (Item 19) | $376K | $685K |
| SBA Charge-Off Rate | 5.2% (155 loans) | Limited data |
| Total Units | 578 | 10 |
| Unit Growth (YoY) | N/A | N/A |
| Year Began Franchising | 2017 | 2018 |
| FDD Year | 2026 | 2025 |
Investment Range
$315K – $713K
$327K – $703K
Franchise Fee
$35K
$30K
Royalty Rate
6.5%
6.0%
Average Revenue (Item 19)
$376K
$685K
SBA Charge-Off Rate
5.2% (155 loans)
Limited data
Total Units
578
10
Unit Growth (YoY)
N/A
N/A
Year Began Franchising
2017
2018
FDD Year
2026
2025