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