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Puffles Franchise FDD, Costs & Fees (2025)

Puffles is a dessert-and-beverage franchise offering Hong-Kong-style egg waffles, customizable ice cream treats and bubble tea, serving dessert lovers and social café customers, and known for trendy format, fun social-media appeal and low investment.

Puffles is a modern fast-casual dessert franchise that launched in 2017 in South Florida. The brand began operations at its flagship location in Hollywood Beach, Florida, under the corporate entity Puffles 88 Inc. It is headquartered in Hollywood, FL, and has expanded by offering franchise opportunities across the United States since 2023.

The Puffles concept blends Hong Kong–inspired street snacks with premium customization. Its signature offering is the egg waffle, also known as a bubble waffle, served as a cone and filled with ice cream, sauces, and toppings.

The franchise also sells fresh, made-to-order bubble tea prepared with house-cooked tapioca pearls and high-quality ingredients for an authentic taste.

Puffles differentiates itself through its fusion of visually striking bubble waffle creations and artisanal bubble tea. Its made-to-order model gives customers a fresh, customizable experience that stands out in the competitive dessert and beverage segment.

Initial investment

Here's what you would need to invest if you were to start this franchise. These costs are provided by the franchisor in the Franchise Disclosure Document.

Puffles offers 2 types of franchises:

Franchise Type Initial Investment
Puffles Brick and Mortar $139,000 to $296,000
Puffles Food Hall $111,500 to $206,000

We are summarizing below the main costs associated with opening a Puffles Brick and Mortar franchise.

For more information on the various types of franchises and its costs, refer to the Franchise Disclosure Document (Item 7).

Type of Expenditure Amount
Initial Franchise Fee $39,000 to $39,000
Traveling and Living Expenses while Training $2,000 to $5,500
Custom Paper and Plastic Packaging $2,000 to $4,000
Real Property Rent and Security Deposits $4,000 to $14,000
Construction of Leasehold Improvements $20,000 to $100,000
Furniture, Fixtures, and Décor $4,000 to $15,000
Initial Inventory $6,000 to $10,000
Signage $5,000 to $8,000
Grand Opening Advertising $3,000 to $7,000
Licenses, Permits, and Certifications $1,000 to $2,000
Insurance (3 Months) $500 to $3,000
Equipment, TV, Cameras, and other Supplies $30,000 to $45,000
Professional Fees $2,500 to $3,500
Additional Funds (3 months) $20,000 to $40,000
Total $139,000 to $296,000

Puffles offers 2 types of franchises:

Franchise Type Initial Investment
Puffles Brick and Mortar $139,000 to $296,000
Puffles Food Hall $111,500 to $206,000

We are summarizing below the main costs associated with opening a Puffles Brick and Mortar franchise.

For more information on the various types of franchises and its costs, refer to the Franchise Disclosure Document (Item 7).

Type of Expenditure Amount
Initial Franchise Fee $39,000 to $39,000
Traveling and Living Expenses while Training $2,000 to $5,500
Custom Paper and Plastic Packaging $2,000 to $4,000
Real Property Rent and Security Deposits $4,000 to $14,000
Construction of Leasehold Improvements $20,000 to $100,000
Furniture, Fixtures, and Décor $4,000 to $15,000
Initial Inventory $6,000 to $10,000
Signage $5,000 to $8,000
Grand Opening Advertising $3,000 to $7,000
Licenses, Permits, and Certifications $1,000 to $2,000
Insurance (3 Months) $500 to $3,000
Equipment, TV, Cameras, and other Supplies $30,000 to $45,000
Professional Fees $2,500 to $3,500
Additional Funds (3 months) $20,000 to $40,000
Total $139,000 to $296,000

Puffles

2025

Franchise Disclosure Document

Number of units

Training

Puffles offers a structured training program aimed at preparing franchisees and their staff for the effective operation of the business. The training is required before the franchise opens and includes both initial and ongoing components. The program is designed to be completed at the franchisor’s designated location, and while there is no tuition fee, franchisees are responsible for all associated travel and living expenses.

  1. Initial Training: Two employees of the franchisee may attend, and successful completion is required before the business can open. If a designated manager cannot complete the training, a substitute may be trained at the franchisee’s expense.
  2. Ongoing Training: Puffles may require franchisees to attend additional training sessions, seminars, or webinars during the franchise term. These can be held at the franchisor’s or franchisee’s location, costing $250–$300 per person per day, plus travel expenses if applicable.
  3. Operations Manual: Instructional materials include a detailed Operations Manual, which may be updated and must be followed strictly.
  4. Opening Assistance: Puffles offers site selection help and operational support during the business launch. Additional assistance is available at standard rates upon request.

Territory Protection

Puffles provides its franchisees with an exclusive territory, clearly defined by geographical boundaries such as radius, ZIP codes, or political divisions. Within this protected area, the franchisor agrees not to establish another company-owned or franchised outlet offering the same or similar services under the same trademarks.

Importantly, franchisees maintain their territorial rights regardless of sales performance or market changes, and the territory cannot be altered without consent.

However, Puffles retains the right to market and sell within franchise territories through alternative channels like the Internet, telemarketing, or catalog sales. These efforts may use the same or different trademarks and do not require compensation to the franchisee.

Competitors

Below are some of

Puffles

key competitors in the

Coffee & Tea

sector.

Franchise
Franchisees
Initial fee
Total investment
Revenue
Sign up
Gross Profit
Sign up
EBITDA
Sign up

0

New
+
n.a.
n.a.

$39,000

$112,000

$296,000

n.a.

$0

$xxx,xxx

n.a.

xx%

n.a.

xx%

n.a.

Competitors

Fuelify

Fuelify is a specialty beverage franchise offering energy teas, milk teas, smoothies, spritzers, coffee and freeze-dried candy, serving boba lovers and on-the-go guests, and known for vibrant flavors, customizable drink combinations and a fun, social “boba hangout” atmosphere.

Franchisees

?

0
+
n.a.
n.a.
Investment

?

$83,000 - $127,000

Mercato Cucina

Mercato Cucina is a foodservice franchise concept offering Italian-inspired fast-casual meals and marketplace items, serving local residents seeking refined yet convenient cuisine, and known for chef-crafted menus, fresh pastas and sauces, and an Italian deli–style experience with gourmet take-home products.

Franchisees

?

0
+
n.a.
n.a.
Investment

?

$199,000 - $346,000

Boba Nation

Boba Nation is a beverage franchise offering bubble tea, smoothies, and specialty drinks, serving younger consumers and families who enjoy customizable beverages, and known for extensive flavor combinations, vibrant store branding, and scalable formats designed to capture growing boba demand.

Franchisees

?

1
+
n.a.
n.a.
Investment

?

$350,000 - $495,000

Parlay Cafe

Parlay Cafe is a hybrid café and coworking franchise offering specialty coffee, light bites, and flexible workspace, serving remote professionals, entrepreneurs, and small teams, and known for memberships, meeting rooms, and thoughtfully designed spaces combining café comfort with business amenities.

Franchisees

?

0
+
n.a.
n.a.
Investment

?

$203,000 - $459,000

Puffles

Puffles is a dessert-and-beverage franchise offering Hong-Kong-style egg waffles, customizable ice cream treats and bubble tea, serving dessert lovers and social café customers, and known for trendy format, fun social-media appeal and low investment.

Franchisees

?

0
+
n.a.
n.a.
Investment

?

$112,000 - $296,000

Tea Lounge

Tea Lounge is a café franchise offering specialty teas, bubble tea, and light café fare in stylish modern settings, serving younger consumers and café-seekers, and known for trendy ambiance, customizable drinks and franchise-ready formula.

Franchisees

?

0
+
n.a.
n.a.
Investment

?

$276,000 - $406,000

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