Country Waffles operates in the food industry serving customers with meals for the early hours of the day. Country Waffles, Inc. has sold Country Waffles franchises since November, 1992. Apart from the restaurants owned by Mr. and Mrs. Brooks and Brooks Ranch Ent., Inc., there are presently thirty Country Waffles owned by eighteen separate franchisees. Country Waffles serves only breakfast and lunch. Its usual hours of operation are from 6:00 A.M. to 3:00 P.M., seven days per week.