Preheat your oven to 400°F. Line a baking sheet with aluminum foil and arrange the bacon in a single layer. Drizzle with maple syrup and sprinkle with brown sugar and black pepper. Bake for 18-20 minutes until crispy.
In a large bowl, combine flour, baking powder, salt, and granulated sugar. In another bowl, mix oil, milk, and eggs, then add to the dry ingredients, stirring until just mixed.
Follow your waffle iron's instructions to cook the waffles. Spread waffles with the peppered maple butter, layer with bacon and eggs topped with cheese, and drizzle with extra maple syrup if desired.