Guide on the Amount Needed for Greenwich Franchise
GREENWICH FRANCHISE – Here is a guide on how much is needed in franchising the popular pizza restaurant Greenwich.
Undeniably, more and more people are joining the business industry as it is one of the best ways to grow your money. You may start putting up your own brand or franchise from the popular businesses in the Philippines.
If you are up for the latter, you may consider Greenwich which is one of the most popular pizza restaurants in the country. It is known for its delicious meals and snacks at affordable prices.
Greenwich has become the family and friends’ go-to dining place for their bundle offers. They got different flavors of pizza, chicken, and pasta meals. They also offer some desserts.
With regards to the Greenwich franchise, based on an article on Franchise Business Philippines, an applicant may need to prepare at least twelve(12) million pesos for the total franchise fee. The cost of franchising may reach up to Php 15 million pesos and there is a lot requirement.
Franchise Fee: Php 12,000,000.00 – Php 15,000,000.00
The lot requirement for Greenwich franchise is at least 150 to 180 square meters. The franchise includes the following:
- Initial set-up
- Construction expenses
- Signage
- Equipment and facilities
- Air-conditioning system
- Furniture and fixtures
- Pre-opening costs and initial inventory.
Based on the article, the franchise term is ten(10) years and there will be 10% royalty fee of the gross sales. The return of investment (ROI) is around three(3) to five(5) years depending on the sales, expenses control, and marketing strategy.
Are you interest in franchising this popular pizza restaurant and grow your money? You may visit the official website of Greenwich for their contact details – https://www.greenwichdelivery.com.
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