Strategic plan โ September 2026
Waffles On Waffles (W.O.W.) is a mobile, event-first dessert brand selling crispy waffle sticks loaded with creative, social-media-worthy toppings. Headquartered in Little Elm, Texas, W.O.W. operates a fleet of branded trailers that serve festivals, fairs, school events, farmers markets, and private parties across Dallas-Fort Worth โ with a roadmap to license trailers to operators across Texas.
Texas leads the US in licensed food trailers and festival circuits. DFW alone hosts 250+ public festivals and 500+ school/community events each year โ the exact venues where W.O.W. wins.
Multi-channel revenue:
| Channel | Mix | Notes |
|---|---|---|
| Public events / fairs | 45% | High volume, high seasonality |
| Private catering | 30% | Highest margin, recurring |
| Farmers markets / standing routes | 15% | Brand awareness, weekly cash flow |
| Trailer licensing (royalty + rent) | 10% โ 50%+ by year 3 | Scalable, asset-backed |
1โ2 trailers operated by the founding team. Document every workflow, recipe, and event playbook.
Add 3โ5 licensed trailers across Dallas, Houston, Austin. Refine training and brand standards.
Convert top operators to franchise. Fund the FDD (Franchise Disclosure Document). Expand interstate. Add retail-pack frozen line.
| Risk | Mitigation |
|---|---|
| Bad operators | Background checks, sales clauses, mandatory training, minimum event quotas. |
| Trailer damage | $5โ10k security deposit, insurance naming brand as additional insured, GPS tracking. |
| Brand dilution | Locked menu, approved toppings, central purchasing, secret-shop visits. |
| Seasonality | Private catering pipeline + indoor mall kiosk pilots. |
| Line item | Amount |
|---|---|
| Trailer #1 revenue | $140,000 |
| COGS (28%) | $39,200 |
| Labor | $36,000 |
| Event fees / fuel / supplies | $14,000 |
| Marketing | $8,000 |
| Owner EBITDA | $42,800 |