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The real numbers on owning a Gordo's Bubble Waffles franchise
QSR - Dessert/Bubble Waffles · FDD 2025 · from public state filings
CDisclosure honesty
This franchisor discloses earnings (Item 19) — but read how.
★★★☆☆FranchiseValidate transparency rating: 3/5
Investment
$179,400–$468,500
Total fees
7% of sales
Outlets
2
Closure signals
0 ceased, 0 terminated
Lawsuits
0
Is Gordo's Bubble Waffles worth it? How it compares to 32 similar franchises
Ongoing fees
7% of sales
lower than most (median 8%)
Startup cost
from $179,400
about average (median $188,300)
Disclosure honesty
Grade C
more honest than 64% of bakery, dessert & ice cream franchises
Closure rate
0.0% of outlets
better than most (median 1.9%)
Disclosed lawsuits
0
fewer than most
Benchmarked against every bakery, dessert & ice cream franchise we've graded from public FDDs — the context the franchisor's pitch never gives you.
What their own earnings claim actually says
Two affiliate-owned Milwaukee locations (Bayview/Marquette) show gross sales $484K-$517K with adjusted net income $154K-$219K. Excludes local marketing, depreciation, repairs. Based on unaudited data.
Failure & turnover reality (Item 20)
Zero franchised outlets as of 2024; only 2 company-owned units. No franchise history data.
Get the full Gordo's Bubble Waffles validation report — $149
The franchisor won't put real owner profit in writing. We do — reconstructed from their own FDD.
Franchisor's framing: Two affiliate-owned Milwaukee locations (Bayview/Marquette) show gross sales $484K-$517K with a…
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Reconstructed owner P&L — net take-home after royalty, ad fund, rent, labor & debt
Break-even timeline + cash-on-cash ROI on your investment
Full fee stack + required-purchase markups
Decoded real failure / closure rate
How it ranks vs comparable franchises
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How much does a Gordo's Bubble Waffles franchise cost?
The FDD lists a total initial investment of about $179,400–$468,500, including a $35,000 initial franchise fee.
How much do Gordo's Bubble Waffles franchise owners make?
Two affiliate-owned Milwaukee locations (Bayview/Marquette) show gross sales $484K-$517K with adjusted net income $154K-$219K. Excludes local marketing, depreciation, repairs. Based on unaudited data. We grade this disclosure C for honesty.
What is the Gordo's Bubble Waffles franchise failure rate?
Zero franchised outlets as of 2024; only 2 company-owned units. No franchise history data.
Is a Gordo's Bubble Waffles franchise worth it?
It depends on the numbers, not the pitch. Gordo's Bubble Waffles scores C on disclosure honesty, carries about 7% of sales in ongoing fees. Get the real owner take-home before you sign.
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Compare Gordo's Bubble Waffles to similar franchises
Source: MN CARDS 34606-202508-07 (Clean FDD 2025). FranchiseValidate is independent and not affiliated with Gordo's Bubble Waffles or its franchisor. Figures are extracted from the franchisor's own public disclosure document; verify against the current FDD before any decision.