FRANCHISE FOOD BUSINESS: Do you want to know the fees and initial capital investments in food business?
FRANCHISE FOOD BUSINESS – Here is a list of the franchise fees and the initial capital investments in the popular food businesses in the Philippines.
Undeniably, one of the hit businesses anywhere in the world is a food business. Food is one of the basic needs of human beings giving this type of business a bigger chance to work than others.
With regards to the food business, you may either put up your own or you may also consider franchising. The advantage of the franchise food business is that it has already build a name in the field thus it is easier to market.
In franchising, among the basic things that you should prepare is the fund for the franchise fee and the initial capital investment.
Do you want to invest on a popular brand that has already made a quality and sought-after standing?
Based on a social media post on the Facebook page The Global Filipino Investors, here is a list of some of the popular franchise food business in the Philippines, their franchise fees, and initial capital investments:
Jollibee
Franchise Fee – N/A
Initial Capital Investment – Php 25-35 million for Philippine outlets
Royalty Fee – N/A
Read Also: JOLLIBEE FRANCHISING – How To Apply & List of Requirements For Franchise
Potato Corner
Franchise Fee – N/A
Initial Capital Investment – Php 25-35 million for Philippine outlets
Royalty Fee – N/A
Read Also: POTATO CORNER FRANCHISING – How To Apply For Franchise Online
7 Eleven
Franchise Fee – Php 600,000.00
Initial Supplies – Php 170,000.00
Initial Merchandise – Php 800,000.00
Construction Cost – Php 2.03 million
Chowking
Franchise Fee – Php 1-million + Value Added Tax (VAT)
Initial Capital Investment – Php 13-15 million
Royalty Fee – 6%
Marketing Fee – 4%
Red Ribbon
Franchise Fee – Php 600,000.00
Initial Capital Investment – Php 6-7 million
Royalty Fee – 7% of gross sales
Marketing Fee – 3% of gross sales
Read Also: FRANCHISING RED RIBBON – How To Apply & Requirements To Prepare
Petron
Franchise Fee – N/A
Initial Capital Investment – Php 1-2.5 million
Cash Bond – Php 100,000.00
Marketing – N/A
The Generics Pharmacy
Franchise Fee – Php 290,000.00
Initial Capital Investment – Php 750,000.00
Royalty – N/A
Marketing – N/A
Yellow Cab
Franchise Fee – Php 1.25 million
Initial Capital Investment – Php 9-14 million
Royalty – 6%
Marketing – 4%
Shakey’s
Franchise Fee – Php 1.5 – Php 2.2 million
Initial Capital Investment – Php 18 – Php 25 million
Royalty – 7.5%
Marketing – 5.5%
Max’s Restaurant
Franchise Fee – Php 2 million
Initial Capital Investment – Php 15 million
Royalty – 5%
Marketing – 3.5%
Greenwich
Franchise Fee – Php 815,000.00
Initial Capital Investment – Php 20-25 million
Royalty – 5%
Marketing – 5%
Waffle Time
Franchise Fee – Php 50,000.00
Initial Capital Investment – Php 250,000.00
Royalty Fee – 5%
Master Siomai
Franchise Fee – N/A
Initial Capital Investment – Php 280,000.00
Royalty Fee – N/A
Source: The Global Filipino Investors