Best Southern Breakfast Sandwich

Ingredients

• 1/4 cup all-purpose flour
• 1 egg, beaten
• 1 1/2 cups oats and honey cereal, finely crushed
• 4 chicken tenders, seasoned with salt and cayenne pepper
• 1 tablespoon unsalted butter
• 4 teaspoons all-purpose flour
• 1/4 teaspoon cayenne pepper
• 1 cup whole milk
• 1 tablespoon honey
• salt, to taste
• nutmeg, freshly grated, to taste
• vegetable oil, as needed
• 4 frozen waffles, toasted
• 6 slices Canadian bacon, heated through
• 2 eggs, fried