Guide on How Much You Need To Prepare for the Rai-Rai Ken Franchise
RAI-RAI KEN FRANCHISE – Here is a guide on how much you will need to prepare in franchising Rai-Rai Ken restaurant in the Philippines.
Undeniably, a lot of Filipino people love to eat Japanese food. That is why most Japanese restaurants in the Philippines really grow and gather the diners. One of them is Rai-Rai Ken which offers one of the most delicious ramen – a noodle that is also a favorite of many Pinoys.
If you are looking for a Japanese restaurant that is open for franchising, you may consider Rai-Rai Ken. It started as a tea house in 1993 and grew through the perseverance of Mr. Benjamin Garcia, its owner and chef.
Surely, upon reading about the franchising offer, you may be curious on how much you will need to prepare for the Rai-Rai Ken franchise. Considering the brand and the name it has established, you may need a lot financially to start growing your money more.
Based on an article in Franchise Manila, the Rai-Rai Ken franchise fee is at Php 1,000,000.00. For the initial total investment is between Php 4,000,000.00 to Php 7,000,000.00.
- Franchise Fee – Php 1,000,000.00
- Initial Total Investment – Php 4,000,000.00 to Php 7,000,000.00
Based on the article, it is a 7-year agreement in franchising Rai-Rai Ken. After it, you can renew your franchise. The franchising package includes:
- Right to use the name and logo
- Proprietary trade marks
- Pre-opening assistance
- Grand Opening Assistance
- Staff and Franchisee/Manager Comprehensive Training
- Ongoing Guidance and Support
- Operational Manual of Business Operations
- Approval and Evaluation of Proposed Site
With regards to the location, based on the article, a site with a lot area between 70-120 square meters is needed. For every succeeding 100 square meters, the franchisee will need to pay an additional of Php 500,000.00.
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