Guide on How Much You Will Need For PCSO Lotto Outlet Franchise
PCSO LOTTO OUTLET FRANCHISE – Here is a guide on how much you will need to prepare for the franchise of a lotto outlet of the Philippine Charity Sweepstakes Office (PCSO).
Undeniably, one of the hit businesses in the Philippines is the franchise of the PCSO Lotto. A lot of people are lining up in front of lotto outlets to make their bets daily thus it really has a great chance of working out.
More and more people are joining the lotto fun most especially when the jackpot prizes of the major lotto games continue to increase. A lot of individuals are hopeful of bringing home the multi-million jackpot prize.
In fact, last year, the jackpot prize for the 6/58 Ultra Lotto has reached more than P1-billion. Before it was won by two(2) winners from the different cities in the Philippines, long lines of bettors were always spotted in lotto outlets.
Do you want to know more about the PCSO Lotto Outlet Franchising like how much you will need for it?
Based on an article on Peso Academy, an applicant will need at least Php 312,500.00 for the PCSO Lotto Outlet Franchise. Here is a – breakdown of the said amount:
- Application Fee: Php 2,500.00
- Installation Fee: Php 10,000.00
- Cash Bond: Php 300,000.00
Based on the article, the following are the requirements in franchising of a lotto outlet in the Philippines:
- PSA Birth Certificate
- Two(2) Valid Government ID
- 2×2 Latest ID (3 pieces)
- NBI Clearance
- Police Clearance
- Sketch of proposed location
- Picture of proposed location
- Proof of Place Ownership / Certified True Copy of TCT
- Proof of Income
You may bring the following requirements to a PCSO office or you may also reach out to the office through its official website. Visit – https://www.pcso.gov.ph/.
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