Not everyone has the knack to start a business empire from the ground up. At the bottom of this quiz, you’ll find out the results of your franchise suitability assessment. It offers a variety of shakes, smoothies, and juices made out of fresh fruits. And guess what, we’re sharing all these information to you for free! Business Format Franchise. Like and follow our Facebook page to receive updates when new franchises have been posted! Total initial capital requirement: php15,570,000 to php25,950,000 ($300,000 to $500,000), Initial franchise fee: php778,500 ($15,000), Initial investment: php7,785,000 to php23,355,000 ($150,000 to $450,000), Total Initial Investment: php4,940,880 to php87,773,280 ($95,200 to $1,691,200), Free Standing with a minimum space requirement of 120 square meters with an investment of P7 million, inclusive of the franchise fee of P1 million. There are four options to choose from: The franchise fee of Php 100,000 is already included in the franchise investment above. The cost of doing business in the Philippines is low, as wages are typically lower than fifth of that of the united states. Health Food Small Business Ideas in the Philippines to Start With 10k Homemade Beverage or Palamig Business. BINALOT’s menu is composed of Filipino meals such as tapa, adobo, bistek, longganisa among others. Check your Board Exam Score | Verification of Rating. ChaTime Franchise; GongCha Franchise; Happy Lemon Franchise; Serenitea Franchise; Macao Imperial Tea Franchise; Coco Milk Tea Franchise; Moonleaf Franchise; Tiger Sugar Franchise As a result, Mister Donut went into franchising — selling franchises to entrepreneurs. Initial franchise fee: php259,500 ($5,000). WHY LOW COST BUSINESS IS TRENDING IN 2020 ? Take note: we add new franchises to this list regularly, so bookmark this page and like PinoyMoneyTalk on Facebook — join our 92,000+ followers! If you want us to research on franchises you’re interested in but are not yet included in the database, like and contact us on our Facebook page to let us know! Here are franchise details and contact information of some of the popular milktea brands in the country. This was the beginning of the “Kumon Method” which eventually spread worldwide, including the Philippines with its first Kumon branch in 1996. This is one of the most popular coffee chains around the world. It has dozens of branches in shopping malls nationwide and food carts located in MRT stations, supermarkets, and other high-traffic areas. In 2009, just two years after putting up his very first kiosk, John transferred to Agno Food Court and set up three additional food carts in the area. A) Do not need constant support from others in order to be motivated with what I do. Goldilocks has grown so much as to become a Filipino household name when it comes to cakes and breads. Through the years, the company was able to acquire a portfolio of partnerships with leading service providers that enabled them to incoporate a lot of services into their company. WHY LOW COST BUSINESS? The company is a joint venture composed of the family of Teodoro and Rosalinda Ferrer and the family of Alexandra and Julien Bello. It tries to alleviate some of the initial problems that new businesses face. On average, this business can net you between ₱1,000 to ₱2,000 per month if you can sell a total of ₱10,000 to ₱20,000 worth of load. The first Fruitas stall was established in 2002 at SM Manila. The company combines this concept with the traditional packaged and novelty confectionery that is quite popular in the industry. This business is quite popular for people who want to send money outside the country and borrow money. It is a well-known fact that establishing a new business is no walk in the park. read By eCompareMo on August 7, 2018. But opting out of some of these cookies may have an effect on your browsing experience. Increasing volume of production of vehicles, requires gas, which is a valuable commodity in this era. Cynthia has a B.sc in Mass Communication and a Masters degree in Personnel Mgt. The electricity, local communication, and housing cost are 50% lower compared to the US rates. For now, why don’t you start evaluating possible franchises you can run in the future? Investment Cost or Franchise: Php 2 – 8 Million (Franchise Fee of Php 500,000) Franchising is quite expensive, but you can also get help from Banks on getting loans and such. 4. However, there are additional costs you still have to spend on and the total investment could reach: P2,000,000 for a Basic Station (1 or 2 islands and 2 pumps), P5,000,000 for a Regular Station (2 islands and 3-4 pumps), P8,000,000 for a Large Station (3 islands and at least 5 pumps), Franchise fee – Php 300,000 to Php 1.5 Million, Franchise Fee – PHP 300,000 to PHP 400,000, Equipment & Supplies cost of around P1,900,000, Merchandising Materials of around P20,000, Franchise fee and investment – P350,000 or P650,000, Total investment: Starts at P350,000 to P950,000, Starter Cart: Franchise Fee: Starts at P350,000, Starter Depot: Franchise Fee: Starts at P450,000, Full Service Cart: Franchise Fee: Starts at P500,000, Full Store: Franchise Fee: Starts at P950,000. Bio-One follows strict state guidelines for safely removing and disposing medical waste, thus minimizing the risks associated with these bio-hazardous materials. Quickie Shops offer specialized services like shoe expand, dyeing of shoes and bags, and locksmithing. With the business demanding more of his attention, John decided to leave teaching and become a full-time businessman. The motivation of the owners roots from their need of additional funding for their education. In 1970, food company International Multifoods Corp. acquired Mister Donut and its franchising concept from the Mister Donut’s founder. Candy Corner is the first company to have a pick-and-mix confectionery retail concept in the Philippines. The projected franchise investment will depend on the model chosen. B) Anxious with the idea that I am responsible for the livelihood of some people. Andok’s main product is litson manok (roasted chicken) and dokito frito (fried chicken). Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. But in choosing a franchise in the Philippines, it is wise not to just choose the cheapest one available. Zagu was the brainchild of Genevieve Lim who studied Food Science from the University of British Columbia in Canada. Got your pen and paper ready? Zagu arguably was the first company to bring the “Pearl Drink” to the Philippines. This business started as the country’s first gaming team. Today, there are more than 2,500 M Lhuillier branches in the country. All meals are placed atop hot rice and garnished with salted egg and tomato. Catch the milk tea craze in the Philippines while it’s hot! Let’s start by taking a short quiz to test whether you have what it takes to manage a franchise business! 2. The Philippines is becoming a more career focused country and as such, it is not uncommon for people to be stressed from work related issues. Even if your current franchise suitability score is 7 or below, it doesn’t mean that you should end your dream of running a franchise business. In that same year, on May 5, 2010, Chic-Boy opened its first dine-in store in Makati City, Metro Manila. 4 x 4 meters): P800,000 – P1,200,000, Franchise capital: Php 20,000 to Php 30,000 ($385 to $577), Franchise Package: Starts at Php 150,000 ($2,887.5), Franchise Fee: Starts at Php 350,000 ($6,023.15), Franchise Package: Php 350,000 ($6737.15), Franchise Fee: Php 168,000 to php250,000 ($3,242.56 to $4,825.25), Initial Capital Investment: Php 35-55 million ($675,535 to $1,061,555), Minimum cash requirement: $40,000 (php2,072,400), Total investment: $75,500 – $85,150 (php 3,922,655 to php4,411,621.5), Total franchise investment – P5 Million to P6 Million, Initial Capital Investment: Php 3.5 million and up ($67,553.5 +), Franchise fee: Php 2M + VAT ($38,602 + VAT), Initial Capital Investment: Php 15-22 million ($289,515 to $424,622), Total investment cost – P6 Million to P8 Million, Total initial investment: php5,190,000 to php 25,950,000 ($100,000 to $500,000), Franchise fee: Php 450,000 ($8,667.9) plus 1% royalties, Initial capital investment: Php6.4 million ($123,276.8). BEST FRANCHISE BUSINESS PHILIPPINES – Here is a list of seven(7) franchise businesses in the Philippines that are low capital. They started franchising in 1964. Although 7-Eleven stores are now open 24 hours a day, the name stuck. If your Franchise Suitability Score is 8 or above…, 2. 52. Recognizing the need for affordable medicine, TGP chairman Mr. Benjamin Liuson decided to focus on wholesale generic medicine at lower prices and lower margins in 1983. The Generika Drugstore franchise fee will depend on the size of the outlet store. The company started out as a collateral lending firm and eventually offered other services such as family insurance plans, money exchange services, and money remittances. If you’re looking to find the best franchise business in the Philippines that could potentially make you rich, look no further. B) Am willing to forego a steady income in the next few months. A lot of parent will like to give their children an edge by making use of these tutorial services. Their pizza is as good as what is obtainable in the United States and their location make for a causal dining experience. They also offer a variety of meal choices, including litson liempo (roasted pork belly), bangus (milk fish), pork barbeque, porkcharap (fried pork chop), lechon kawali (deep fried pork belly), kawali royale, crispy pata (deep fried pork leg), pork sinigang, beef steak rice, beef rice, chicken leg quarter, pork sisig, chopsuey, and all-day breakfast meals, among other. The company ventured into retail in 2001, maintaining one branch in the headquaters. Atax Franchise Tax preparation, business services Startup cost: $17.5K - $76.7K Total franchises/co.-owned: 43/1. It is a Korean traditional snack made of ice cream and puffed rice or corn made into a long and thin stick shaped like the letter “J”. Big Kiosk which measures 11 to 15 square meters, with franchise investment of P1 million to P1.6 million inclusive of P380,000 franchise fee for a 3-year contract. Page 20 → Shifting Gears: Franchising as … They later merged with Wendys and became a public company until it was merged with Burger King in 2014. The first kiosk opened in SM North EDSA in September 2012. Copyright © 2021 Profitable Venture Magazine LLC | All Rights Reserved | See About Us | Contact Us | Privacy Policy | Disclaimer. Although the venture was a success, he felt that the business still had a lot of room to grow. If your Franchise Suitability Score is 7 or below…, 100 Philippine Franchises in 2020 with Franchise Fee below P1 Million, Top Philippine Franchises with Franchise Fee above P1 Million, Best Milk Tea Franchises in the Philippines, PMT Database of Franchises in the Philippines: A-Z, Franchises with names beginning with numbers 0-9, Other franchises that will soon be added to PMT’s Franchise database, 7-11 Franchise (Take-over of Existing Store), 7-Eleven Store Franchise (Standard Package), Top Gas Station Franchises in the Philippines, 7-11 (Discounted P300,000 Franchise Offer), Most Expensive Houses For Sale in the Philippines, Technicals Talk: PHA (11 Feb 2021) by AP Securities, Technicals Talk: PHA (11 Feb 2021) by Unicapital Securities, Special Report: 2 Stocks that could benefit from MSCI PH Feb 2021 Rebalancing. Now, Quickly Philippines has grown to 60 outlet stores nationwide. Franchise fee – P600,000 for locations in Mega Manila and P700,000 for provincial locations. FHI’s portfolio has now grown to around 20 brands, with more than 800 store outlets located all around the Philippines. A) Require a steady and consistent paycheck every month. This is the most common type – where the franchisor gives the rights to things like trademarks, trade names, business processes, as well as the system order, which allows the franchisee to operate the business for a fee. Here are some of the most popular franchise opportunities in Philippines and their cost. This restaurant was created by famous Canadian Hockey legend Tim Horton in 1964. These Cebu Lechon specialties are stuffed and marinated with spices and herbs, and broiled over charcoal to achieve a distinct lechon taste. We provide a cost-effective route to market for business owners and their representatives and a one stop shop for aspiring entrepreneurs and business buyers. Located just outside DLSU, students from the university became his first patrons. The Data Behind the Ratings. * * * At present, Andok’s boasts of more than 300 stores all over the Philippines. Scroll below to find the franchise you’re looking for. The Kumon Method is a different learning methodology because it helps students learn by doing and solving problems independently without being taught. Total Franchise Fee Investment – PHP 600,000, Initial capital investment: Php 3.2 million ($61,657.6), Initial investment: php5,190,000 ($100,000). The company has almost 5,000 different location scattered across the globe. B) A follower and implementor. According to the company, they developed the Japanese siomai to give the conventional product a different but flavorful twist.