Overseas Filipino Workers (OFWs) has a bigger chance to start a business because they earn bigger compared to any sector in here in the Philippines. But because of not having enough knowledge many OFWs are afraid to start a business from a scratch.
Good thing franchising is born. Buying a franchise is a viable alternative to start a business if you have capital but lack of enough knowledge to run it.
But what kind of franchise? One option is a food business. The food industry in the Philippines continues to grow. That is the reason why food business in your area is thriving. From small to big restaurant, cafe, cakes and pastries and even carenderias. One thing in common about Filipinos, we love to it. And if you have a food business, you will never run out of costumer if your product is clean, delicious, and of course affordable.
The following are advantages and disadvantages of buying a franchise according to the website the Business Queensland.
Advertisements
Here are five advantages of buying a franchise
Disadvantages of buying a franchise
1. Franchises offer the independence of small business ownership supported by the benefits of a big business network.
2. You don't necessarily need business experience to run a franchise. Franchisors usually provide the training you need to operate their business model.
3. Franchises have a higher rate of success than start-up businesses.
4. You may find it easier to secure finance for a franchise. It may cost less to buy a franchise than start your own business of the same type.
5. Franchises often have an established reputation and image, proven management and work practices, access to national advertising and ongoing support.
Disadvantages of buying a franchise
1. Buying a franchise means entering into a formal agreement with your franchisor.
2. Franchise agreements dictate how you run the business, so there may be little room for creativity.
3. There are usually restrictions on where you operate, the products you sell and the suppliers you use.
4. Bad performances by other franchisees may affect your franchise's reputation.
5. Buying a franchise means ongoing sharing of profit with the franchisor.
Sponsored Links
Here in the Philippines, the following are 10 food franchising business with a minimum capital below P500,000!
1. Waffle Time - Started in 1998!
1. Waffle Time - Started in 1998!
Main Products and/or Services Offered
No. of Branches
Total Franchise Cost / Investment: P250,000 - P499,000
Standard Package Inclusions:
Contact Person:
Catherine Palencia
Franchise Manager
- Specialty waffles with different fillings and drinks
- Metro Manila/Luzon - 289
- Visayas - 90
- Mindanao - 62
Total Franchise Cost / Investment: P250,000 - P499,000
Standard Package Inclusions:
- Cart and Equipment
- Use of the Waffle Time Trade Name & Marks
- Business Operations System
- Mobilization Set-up
- Cart and Signage
- Equipment and Small Wares
- Marketing Support
- Operational and Technical Support
Contact Person:
Catherine Palencia
Franchise Manager
Contact Details:
Office Address:
# 69 C. Raymundo Avenue Brgy. Caniogan, Pasig City
Telephone:
+6325841601, +6325843704, +6326411151
Mobile Number:
+639328923353
E-mail:
catherine@waffletime.com
Website:
http://www.waffletime.com/
Facebook:
https://www.facebook.com/Waffletime
2. Mister Donut - Started in 1955 in America!
Main Products and/or Services Offered
Total Franchise Cost / Investment:
Cherryl B. Carino
Franchise Management and Systems Manager
Office Address:
Ramcar Center, 80-82 Roces Ave., Quezon City
Telephone:
+6323701236
Mobile Number:
+639178896016
E-mail:
fms@misterdonut.ph
Website:
www.misterdonut.ph
Facebook:
www.facebook.com/MrDonutPH
Twitter:
www.twitter.com/MisterDonut_PH#
3. Potato Corner - Started in October 1992
- Donuts
- Baked Products – chicken pie, croissant, brownies, loaf bread, etc.
- Coffee & Hot Chocolate
- Light Meals & Blended Meals (for dine-in shops)
- Metro Manila – 376
- Luzon – 548
- Visayas – 129
- Mindanao – 136
Total Franchise Cost / Investment:
- Cart: P200,000 to P300,000
- Take-out Booth: starts at P400,000
- Dine-In: starts at P650,000
- Franchise Fee
- Asset (cart, equipment, small wares)
- POS Tablet
- Crew Uniform (2 sets)
- Cart: 8 months
- Dine-In: 12 to 24 months
Cherryl B. Carino
Franchise Management and Systems Manager
Office Address:
Ramcar Center, 80-82 Roces Ave., Quezon City
Telephone:
+6323701236
Mobile Number:
+639178896016
E-mail:
fms@misterdonut.ph
Website:
www.misterdonut.ph
Facebook:
www.facebook.com/MrDonutPH
Twitter:
www.twitter.com/MisterDonut_PH#
3. Potato Corner - Started in October 1992
Main Products and/or Services Offered
Products:
Products:
- Flavored Fries
- Hash brown
- Baked Potato
- Jojo Chips
- Loopy Fries
- Cheesy Fries
- Trio Fries
- Croquettas
- Chicken Lollipops
- Frings
- Soft-serve ice cream (available in selected outlets)
- Lasagna
- Shepherd’s Pie
- Luzon - 194
- Visayas - 86
- Mindanao - 56
• P200,000 - School cart package
• P350,000 - Standard cart package
Total Franchise Cost / Investment:
• Kiosk w/o roof & seating - Estimate investment P400,000 - P500,000
• Kiosk w/ roof& seating - Estimate investment P500,000 - P600,000
• In-line/hole in the wall - Estimate investment P500,000 - P700,000 depends on the size of the area
• In-line with seating - Estimate investment P800,000 - P1.2M depends on the size of the area
Standard Package Inclusions:
- Cart
- Franchise fee
- Small wares and equipment
- Initial supplies
- Training
Contact Person:
Arnold Del Carmen
Franchise Development Manager
Office Address:
869 Katarungan St., Barangay Plainview, Mandaluyong City
Telephone:
+6325345846, +6325319891
Mobile Number:
+63922-8186942
E-mail:
ellabautista@potatocorner.com
Website:
http://www.potatocorner.com.ph/
Facebook:
https://www.facebook.com/PotatoCornerPH?ref=search
Twitter:
https://twitter.com/PotatoCornerPH
Advertisement
4. Sams Everything on Sticks - Started in 2003
Main Products and/or Services Offered
Local Products:
Contact Person:
Local Products:
- Kikiam
- Squidballs
- Chicken balls
- Fishballs
- Crab Nuggets
- Angry Birds Fish Cake
- Crab Claw
- Crab Eggroll
- Lobster ball
- Lobster ball Pandan
- Taro Balls
- Snow Shrimp
- Crab Stick Jumbo
- Breaded Scallops
- Pork Siomai
- Sharksfin Dumplings
- Metro Manila - 50
- Luzon - 18
- Visayas - 17
- Mindanao - 2
- Sammy 1.1: P200,000 + VAT
- Sammy 1.2: P300,000 + VAT
- Sammy 2.1: P150,000 + VAT + Cost of Renovation
- Renovation Matrix 1: P150,000
- Renovation Matrix 2: P110,000
- Use of multi-awarded business name
- Sam's colored S-type mall design food cart
- Set of Uniforms
- Small wares/utensils
- Food Sampling
- Transfer of technology
- Training of Personnel
- Pre-opening support
- Grand Opening support
- Post Opening Support
Contact Person:
Melody Fernandez
Franchise Manager
Office Address:
XTI Shell Munoz, # 30 Cement Center Compound, Congressional Avenue, Quezon City
Telephone:
+6324535239 - 40
Mobile Number:
+639328576389
E-mail:
noblehouse_operations@yahoo.com
Website:
http://www.samseverythingonsticks.com/
Facebook:
https://www.facebook.com/SamsEverythingonSticks
Franchise Manager
Office Address:
XTI Shell Munoz, # 30 Cement Center Compound, Congressional Avenue, Quezon City
Telephone:
+6324535239 - 40
Mobile Number:
+639328576389
E-mail:
noblehouse_operations@yahoo.com
Website:
http://www.samseverythingonsticks.com/
Facebook:
https://www.facebook.com/SamsEverythingonSticks
5. Fiorgelato - Started in 1984
Main Products and/or Services Offered
- Gelato (Ice Cream)
- Coffee
- Pizzas
- Pastas
- Cookies
- Pastries
- Cakes
- Sandwiches
No. of Branches
- Metro Manila - 35
- Luzon - 20
- Visayas - 5
- Mindanao - 5
Franchise Fee:
- Package 1 “Cart”- P75,000 (5 years franchise terms)
- Package 2 “Counter”- P150,000 (5 years franchise terms)
- Package 3 “Co-Branding”- P300,000 (8 years franchise terms)
Total Franchise Cost / Investment:
- Package 1 “Cart”- P275, 000
- Package 2 “Counter”- P750,000
- Package 3 “Co-Branding”- P1,500,000
Standard Package Inclusions:
- Package 1 “Cart”
- Fiorgelato freezer
- Glass canopy
- Counter drawer
- Fiorgelato lighted sign
- Ice cream containers with aluminum casing
- Menu board
- Uniforms
- Merchandising materials
- Marketing support
- Training of staff
- Operational support and training
- Package 2 “Counter”
- Fiorgelato freezer
- Gass canopy
- Counter with cabinet casing
- Fiorgelato logo and lighted sign
- Coffee brewer with double decanter
- Ice cream containers with aluminum casing
- Menu board
- Uniforms
- Merchandising materials
- Tables
- Chairs
- Back cabinet with sink
- Personal refrigerator
- Back up freezer
- Blender
- Railings
- Marketing support
- Training of staff
- Operational support and training
- Package 3 “Co-Branding”
- Fiorgelato freezer
- Glass canopy
- Fiorgelato or Fiorcafe logo and lighted sign
- Ice cream containers with aluminum casing
- Menu board with beam
- Uniforms
- Merchandising materials
- Tables
- Chairs
- Cabinet with sink and drawers
- Blenders
- Railings with post and logo sign
- Small Wares
- Espresso machines
- Coffee grinder
- Coffee brewer with double decanter
- Water pump for espresso machine
- Milk thermometer
- Display chiller
- Oven toaster
- Microwave
- Two door worktop chiller
- Marketing support
- Operation support and training
Payback Period of months:
- Package 1 “Cart”- 24 months
- Package 2 “Counter”- 30 months
- Package 3 “Co-Branding”- 48 months
Contact Person:
Lhiza Escanilla; Naneth Tagalog; Romeo P. De Asa; Angel Francisco
VP for Accounting; Manager for Franchise Operations; Asst. Manager for Franchise Operation; Sales and Marketing Manager
Office Address:
1263 Gen. Luna St. Ermita, Manila
Telephone:
+6325240384 to 85
E-mail:
milkin_mktg@yahoo.com
Website:
www.fiorgelato.com
Facebook:
https://www.facebook.com/pages/Fiorgelato-Fiorcafe/556305007733826
Twitter:
https://twitter.com/Fiorgelato
6. Fruit Magic - Started in 1993
Main Products and/or Services Offered
- Pure Nectars –juice extracted from fresh fruits and vegetables
- Shakes – fresh fruits
- Frugurt – smoothies with Fruit Magic yogurt
- Healthy Sandwiches, Wraps, Pizza, Burger
Franchise Fee: P224,000 (VAT Inclusive)
Total Franchise Cost / Investment:
- Cart Type - P400,000 - P499,000
- Lounge/Counter Type - P600,000 - P900,000
Standard Package Inclusions:
- Franchise Fee
- Equipment, Tools, and Utensils
- Pre-Operating Expenses – Training of Franchisee and Staff, Marketing Collaterals, Grand Opening/Blessing
- Initial inventory of Raw Materials
Payback Period in months: 18 to 24 months
Contact Person:
Mayette Bantilan-Vargas
COO/Franchise Manager
Office Address:
#27 Rizal Avenue Extension, Grace Park, Caloocan City 1403, Philippines
Telephone:
+6323646927 / +6323643621
Mobile Number:
+639228290900 / +639175386962
E-mail:
franchise@fruitmagic.com.ph
Website:
http://www.fruitmagic.com.ph/
Facebook:
https://www.facebook.com/fruitmagicph?fref=ts
Twitter:
https://twitter.com/fruitmagic
7. Hungry Juan - Started in July 2010
Main Products and/or Services Offered - Roast Chicken and BBQ products
No. of Branches
- Metro Manila - 83
- Luzon - 57
- Visayas - 17
- Mindanao - 12
Franchise Fee: P89,600 (VAT Inclusive)
Total Franchise Cost / Investment: P485,000 - P900,000
Standard Package Inclusions:
Franchise Fee (VAT Inclusive) = P89,600
- The right to use our Goodwill Marks (trademark and proprietary marks) and Business System
- Site Selection Processing, Store design, and construction assistance
- Business management, operations, marketing and branded customer service training
- Franchise operations manual.
- Continuous product development and innovation
- Consolidated procurement system
Estimated Initial Package = P485,000 - P900,000
- Includes the right to use our Goodwill Marks (trademark & proprietary marks and business system
- Site selection processing, store design and construction assistance
- Business management, operations, marketing and branded customer service training
- Franchise Operations Manual
- Continuous product development and innovation
- Consolidated procurement system
- Separate cost for Mobile POS
- Initial Stocks & Freight Cost not included c/o Franchisee
- 3 years contract
Requirements
- Submit a letter of Intent and location map with pertinent information on your target area.
- A site evaluation will be conducted by a representative from San Miguel Foods Inc. Complementing or competing for business nearby will also be identified.
- Upon Approval of the site, the applicant will submit an application from with feasibility study, marketing plan and required business documents.
- San Miguel Foods Inc. will conduct a final interview with the applicant.
Payback Period in months: 18 months
Contact Person:
Arnel M. Trazona
Area Sales Manager
Office Address:
17th Floor, JMT Corporate Condominium, ADB Avenue, Ortigas, Pasig City
Telephone:
+6327025826
Mobile Number:
+639175671445
E-mail:
hungryjuan@gmail.com
Website:
www.hungryjuan.com.ph
Facebook:
www.facebook.com/HungryJuan
Twitter:
twitter.com/Hungry_Juan
8. Lots'a Pizza - Started in 1980
Main Products and/or Services Offered
Contact Person:
Teresita L. Ngan Tian / Robert Francis L. Ngan Tian
8. Lots'a Pizza - Started in 1980
Main Products and/or Services Offered
- Pure Beef Special
- Pepperoni N Mushroom
- Chicken Pepperoni
- Roast Beef N Cheese
- Great Manhattan
- Double Whammy
- Bacon Blaze
- Purely Pepperoni
- Beef Honcho
- Metro Manila - 79
- Luzon - 103
- LAP Depot – P150,000
- LAP Cart – P250,000
- LAP Stall – P250,000
- LAP Full Store – P350,000
- LAP Stall – P450,000 – P550,000
- LAP Cart – P550,000-P650,000
- LAP Depot – P650,00-P750,000
- LAP Full Store – P850,00-P950,000
- Franchise Fee
- Security Deposit
- Omnibus Advertising Fee
- Site Evaluation and Financial Analysis
- Training Support
- Construction, Renovation and Fit Out
- Mobular© Systems Components, Equipment and Fixtures
- Branding and Trademarks
- Utensils, Uniform Add-Ons, and Other Line Items
- Motorcycle and Delivery Box (for Depot Only)
- Pre-Opening Support
- Marketing Support
- Research and Development
Contact Person:
Teresita L. Ngan Tian / Robert Francis L. Ngan Tian
VP for Franchising
Office Address:
Office Address:
Lot's a Pizza Bldg., #28 Capricorn Street, Pamplona Park, Las Piñas City, 1750
Telephone:
+6328738144
Mobile Number:
+639178468274
E-mail:
lap.franchise@gmail.com
Website:
www.lotsapizza.com.ph
Facebook:
https://www.facebook.com/lotsapizza
Twitter:
https://twitter.com/lotsapizza
Telephone:
+6328738144
Mobile Number:
+639178468274
E-mail:
lap.franchise@gmail.com
Website:
www.lotsapizza.com.ph
Facebook:
https://www.facebook.com/lotsapizza
Twitter:
https://twitter.com/lotsapizza
9. Boy Kanin
Main Products and/or Services Offered
- Boy Sarsa – Teriyaki ni Teray; Caldereta ni Tita; Bistek ni Iste & Adobo ni Ador
- Boy Silog – Tocino’wsome; Longganisa’rap; Tapa’reffic; Liempo’tastic & Bangusdelicious
No. of Branches
- Metro Manila – 5
Total Franchise Cost / Investment:
- Food Cart Only: P280,000
- Kiosk Type: P350,000
Standard Package Inclusions:
- Franchise Fee
- Trademarks
- Initial stocks worth P10,000/P15,000
- Marketing Assistance
- Site Assessment & Approval
- Training for Franchisee & Staff
- Grand Opening Assistance worth P10,000
- Soon to Open & Now Open Banners
- Flyers
- Equipment & Utensils
- Menu-board
- Pull Cart
- Crew Uniform
Payback Period in months: 6 to 8 months
Contact Person:
Jeffrey De Real Rusios
Business Development Manager
Office Address:
73-A 10th Avenue Brgy. Socorro Murphy Cubao Quezon City
Telephone:
+6323528130
Mobile Number:
+639194927986
E-mail:
franchising.boykanin@gmail.com
Website:
www.boykanin.com
Facebook:
www.facebook.com/tropangboykanin
Twitter:
www.twitter.com/tropangboykanin
10. Liloan’s Pride Liempo - Started in 2005
Main Products and/or Services Offered
Specialties
- Cebu Liempo
- Cebu Lechon Manok
Cebuano Rice Meals
- Liempo Rice Meal
- Lechon Manok Rice Meal
- Danggit Rice Meal
- Ngohiong* Rice Mealice Meal – Longanisa, Atsara, Vinegar, Rice
* Ngohiong (ngo-yong) is a crunchy bumpy roll with bamboo shoot and other vegetable fillings
No. of Branches
• Metro Manila - 8
Total Franchise Cost / Investment:
- P500,000
- P750,000 to P1,000,000
- P1,000,000 to P2,000,000
Contact Person:
Melody Fernandez
Franchise Manager
Office Address:
XTI Shell Munoz, # 30 Cement Center Compound, Congressional Avenue, Quezon City
Telephone:
+6324535239 to 40
Mobile Number:
+639328576389
E-mail:
cs@noblehouseph.com
Website:
http://www.noblehouseph.com
Facebook:
https://www.facebook.com/LiloansPrideLiempo/
©2017 THOUGHTSKOTO
SEARCH JBSOLIS, TYPE KEYWORDS and TITLE OF ARTICLE at the box below