Guide on Projected Belgian Waffles Income Per Month
BELGIAN WAFFLES INCOME – Here is a guide on how much you might earn per month from the franchise business Famous Belgian Waffles.
Undeniably, among the food businesses that has hooked a lot of avid customers is the Famous Belgian Waffles. Its delicious offer have made it rise to fame from its humble beginning in 2012.
Nowadays, there are already a lot of Famous Belgian Waffles branches around the Philippines. Its franchising offer surely contributed to its widespread circulation across the nation.
With at least Php 550,000.00, you can already join the Famous Belgian Waffles team and start your own business at your preferred location. The food business company has provided an idea on how much you might earn from it.
Based on the information provided by the company on its official website, a franchisee of their business may earn up to Php 105,780 monthly Belgian Waffles income.
The said amount is inclusive of tax but is already exclusive of the cost of goods, the Royalty Fee, and the operating expenses. Here is a breakdown of the projected Famous Belgian Waffles income per month:
MONTHLY SALES (AVERAGE DAILY SALE: PHP 10,000 X 30days)
Total: PHP 300,000.00
Less:
- Cost of Goods (35%) = PHP 105,000.00
- Royalty (10%) = PHP 10,500.00
GROSS PROFIT: PHP 184,500.00
Less:
- Rent (base on SM Prime mall rate/4sqm) or 15% of Sales tax included = PHP 40,000.00
- Salary (2 personnel x 512/day x 30days) = PHP 30,720.00
- Electricity (Mall Rate) = PHP 6,000.00
- Miscellaneous = PHP 2,000.00
MONTHLY NET PROFIT excluding TAX = PHP 105,780.00
Based on the data provided by Famous Belgian Waffles, you may get your investment back in a span of seven(7) to eight(8) months. Are you up to pursuing the franchise?
VISIT: FRANCHISING BELGIAN WAFFLES -Procedure & Requirements