The real waffle house franchise cost can surprise many potential investors. Since Waffle House rarely franchises, getting approved is a challenge. If you're one of the few who qualifies, prepare for a hefty investment ranging from $500,000 to $1.5 million. The cost includes everything from construction and interiors to licenses and staffing. It also includes training and brand compliance. While expensive, the consistent branding and loyal customer base make it a potentially high-earning venture. Always research thoroughly and contact the corporate office for accurate figures before making a decision.