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FranchiseVerdict

Waffle Love vs Harumama

Franchise Comparison 2026

Both Waffle Love and Harumama are full-service restaurants franchises. Waffle Love requires an investment of $327K – $703K while Harumama requires $345K – $680K. Waffle Love discloses average revenue of $685K; Harumama does not report Item 19 data. FranchiseVerdict rates Waffle Love D (Below Average) and Harumama B (Above Average).

Investment Range
$327K – $703K
$345K – $680K
Franchise Fee
$30K
$25K
Royalty Rate
6.0%
2.0%
Average Revenue (Item 19)
$685K
N/A
SBA Charge-Off Rate
Limited data
N/A
Total Units
10
7
Unit Growth (YoY)
N/A
N/A
Year Began Franchising
2018
2025
FDD Year
2025
2025