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Waffle House, by the numbers

Every figure below comes from real financed deals — what buyers paid, where, and how the loans performed.

SBA Franchise Directory: listed ✓ (identifier S5182)

1 deals since 2020 · typical deal $250K

1

Deals since 2020

$250K

Typical deal

0

Deals since FY2025

Too few deals to score risk

Waffle House has 1 SBA deal on record — real financing history, but too few to score a failure rate you should trust. Underwrite the location and the FDD.

What buyers pay for Waffle House

Most Waffle House deals financed between $250K and $250K. Above $250K, you're paying more than 75% of buyers did — make the seller earn it.

Monthly payment (10-yr)
$3,696
Down payment (10%)
$28K
Cash to close (all-in)
$37K

Estimates at today's rates and standard 7(a) terms. Not a loan offer.

Could you get the loan?

Three answers. No documents, no credit pull.

Credit score

Available cash (you'll need ~$37K)

Experience

Recent financings

  • The Waffle Company, LLC in Mount Vernon, IL$250K (2024) · Peoples National Bank National Association

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Waffle House brand mark

Who funds Waffle House — and where

Every dot is a financed Waffle House1 mapped.

Financed Waffle House locations — list all 1 as text

Most active states

  1. 1.Illinois (1 loans)

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Common questions

How much does a Waffle House cost to buy or open?

The typical deal for Waffle House is $250K across 1 transactions since 2020. With the SBA's 10% minimum down payment, that points to roughly $28K of buyer cash on a typical deal.

How risky is Waffle House?

Waffle House has 1 SBA loan on record since 2020 — too few to score a reliable failure rate. Judge the unit economics and the franchisor's disclosure document, not a small sample.

Can I finance a Waffle House with an SBA loan?

Yes — Waffle House has been SBA-financed 0 times since FY2025, which means it clears the SBA Franchise Directory requirement regularly. Confirm current listing before signing an LOI.

Buying a Waffle House franchise

Most Waffle House buyers finance the purchase or build-out with an SBA 7(a) loan — up to 90% of the cost with roughly 10% down. The typical Waffle House deal financed for $250K, which points to about $28K of buyer cash on a typical purchase. Waffle House is listed in the SBA Franchise Directory (identifier S5182), so it's eligible to finance today — confirm current listing with your lender before the LOI. See the lenders that already fund Waffle House — a bank that knows the brand approves faster — or pre-qualify for financing to see your likely loan size first.

AI summary

This profile summarizes public SBA financing activity for Waffle House — lender activity, typical loan sizes, financing history, and risk and failure signals where available — via CapBench SBA Intelligence. CapBench is not a lender.

Source: CapBench SBA Intelligence, based on public SBA, lender, franchise, FDIC, and related records. CapBench is not a lender and does not guarantee financing.

Agent summary

This page summarizes public SBA 7(a) financing for Waffle House — typical deal size, the lenders that fund the brand, geography, and failure-rate context — from CapBench SBA Intelligence. Waffle House is confirmed in the SBA Franchise Directory here; CapBench is not a lender and does not sell franchises.

  • 1 SBA 7(a) deal since 2020
  • $250K typical deal
  • 0 deals since FY2025
  • Too few deals to score a reliable failure rate
  • SBA Franchise Directory: listed (identifier S5182)
  • Top lenders: Peoples National Bank National Association
Data freshness:
SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-17.
Sources:
Public SBA 7(a) loan records; FDIC institution data (BankFind); CapBench lender and franchise enrichment.
  • Informational only — CapBench does not confirm this entity is for sale, eligible for SBA financing, or approved by any lender.
  • Figures come from public records and CapBench methodology; verify before relying on them.
  • Financing figures are historical SBA loan records, not a current offer or franchise availability. Confirm SBA Franchise Directory listing with your lender before an LOI.

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CapBench analysis of public lending records, FY2020–present. Charge-off rate measured on the FY2020–23 cohort. Not affiliated with Waffle House.

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