Guide on How Much You Will Need for the Capital Investment for Mang Inasal Franchise
MANG INASAL FRANCHISE – Here is a guide on how much you must prepare for the capital investment in franchising Mang Inasal.
In the Philippines, one of the fast-food restaurants that is a favorite of many people is Mang Inasal. Undeniably, many Filipinos are into grilled chicken plus the unlimited rice offer of the fast-food resto.
Most people would prefer the order with unlimited rice as it can save them a huge amount of money compared to when they will add for extra rice. The success of this business is evident in its many branches nationwide. The good news is that it got franchising offers.
With regards to the Mang Inasal franchise, there are documentary and financial requirements that franchisees must prepare. Also, a ready space is required.
Based on the official website of the restaurant, the franchisee should prepare for the following fees under the Mang Inasal franchise. The estimated capital investment cost is also included below.
- Set Up Fee – Php 1,200,000.00
- Design Fee – Php 160,000.00
- Estimated Capital Investment – Php 14-18 million
Aside from the aforementioned fees, the franchisee must also prepare for the advertising and royalty fees. According to the article, the advertising fee is 3% of the net of sales monthly while the royalty fee is 5% of the net of monthly sales.
With regards to the space requirement, the franchisee should have a space with at least 250 square meters lot area for the restaurant. It can be up to 300 square meters. According to the restaurant, the lot requirement is exclusive of the parking space.
For the documentary requirements for Mang Inasal franchise, the franchisee must prepare:
- Signed letter of intent
- Site references
- Site Development Map/Floor Layout (for those that plans to operate in malls)
You may submit the requirements to:
Franchising Division
Room 714, 7th Floor, Globe Telecom Plaza 2
Madison St., Mandaluyong City 1550, Philippines
Email: [email protected]
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