Fast Food Franchise Cost Philippines

It s also nice to be your own boss.

Fast food franchise cost philippines. Jollibee is the number one fast food chain in the philippines. It also was the first food service company to be listed in the philippine stock exchange meaning jollibee s performance was booming so quick in the track thus it continues to sustain its expansion not. We did some digging and interviewed franchise owners to see what it s really like to own a fast food franchise. There are more than 800 jollibee outlets in the philippines and more than 100 stores in usa hong kong brunei vietnam saudi arabia qatar kuwait and singapore.

How much does a jollibee franchise cost. Jollibee is the largest fast food chain from the philippines. The company awards. Filipinos love to eat.

It also belongs to the top 100 corporations in the philippines for the more than two decades now. Many food kiosks have sprouted all over the philippines in the last decade and it s partly due to the relatively low cost of starting a food cart franchise. Area developer or territory franchise costs 185 250 or around php 9 6 million. The following is a list of notable fast food and restaurant chains closely associated with or in the philippines some of those listed have multiple branches and are notable enough to appear on philippine restaurant guides or directories.

According to rudolf kotik founder of rk franchise consultancy food remained to be the top franchise in 2016. In the united states us single franchise unit is available with franchise fee of 39 500 per unit or around php 2 million. The required investment cost on the part of the franchisee will depend on the kind of store or site that will be offered to him by the company. In addition to earning a solid annual income being a franchise owner means you can forgo the start up costs entailed in advertising and marketing product development and ensuring quality control when going solo.

If you have a larger amount of money to invest you can get your very own small fast food restaurant. Top 5 fast food restaurant franchises in the philippines filipinos are always on the go though there are proper diner restaurants all around sometimes or most often we prefer affordable and quick orders of fast food. In relation to this we basically franchise in three 3 ways. Owning a fast food franchise can be a very lucrative business.