Not everyone wants to become an employee for the rest of their lives. Some want to own a business or a franchise to let their money grow in astronomic heights. It is possible, so long as you have the capital needed. But how much does it really cost?
If you are looking into how much owning a franchise like Jollibee, Potato Corner, or Pancake House costs, here are some Philippines-based franchises and their appropriate costs.
Angel’s Pizza
Angel’s Pizza sells pizza, pasta, and more throughout the country. They are a successful franchise and are going strong even the pandemic.
- Franchise Fee: P300K to P500K + VAT
- Total initial capital investment: P300k to P4 million
- Royalty: 4.25% of total net sales/month
- Marketing: 4% of net sales
Chowking
If you are looking for Chinese cuisine like noodle soups, dim sum, and the like, you can always find a Chowking branch around your area. It is an iconic restaurant that everyone knows and loves.
- Franchise Fee: P1 million + VAT
- Total initial capital investment: P13 million to P15 million
- Royalty: 6% of sales
- Marketing: 4% of sales
Greenwich
Founded in 1971, this pizza and pasta chain is now everywhere selling their delicious pizza. Fun fact: its name is a tribute to the private school La Salle Green Hills’ students, which were their first customers.
- Franchise Fee: Php815, 000
- Total initial capital investment: P20 million to P25 million
- Royalty: 5% of sales
- Marketing: 5% of sales
Jollibee
The mighty bee that has reached international fame is here! Jollibee has served its unforgettable dishes throughout the years, and is continuously evolving and growing.
- Franchise Fee: No info
- Total initial capital investment: Not much information is given, but those considering to franchise should prepare P25 million to P35 million in Philippine outlets. International outlets, meanwhile, require around $450k to $800k.
- Royalty: No info
- Marketing: No info
Master Siomai
Master Siomai delivers the iconic Filipino dish nationwide for years now. For the unfamiliar, siomai is a type of Chinese pork dumpling that is usually steamed.
- Franchise Fee: No info
- Total initial capital investment: Prepare at least P280k for the overall fees as not much is known about owning this franchise.
- Royalty: No info
- Marketing: No info
Max’s Restaurant
Serving fried chicken and other Filipino dishes since 1945, they have garnered the nation’s interest for their delicious food. Max’s Restaurant is a perfect treat for celebrations.
- Franchise Fee: P2 million
- Total initial capital investment: P15 million
- Royalty: 5% of sales
- Marketing: 3.5% of sales
Pancake House
Pancakes are usually served during breakfast, but in Pancake House, you can eat pancakes at any time of the day. Let them satisfy your sweet cravings as they did since 1974.
- Franchise Fee: P1 million + 12% VAT
- Total initial capital investment: P7 million to P8.5 million
- Royalty: No info
- Marketing: No info
Petron
This franchise is different from this list as it is not food-related, but it is relevant nonetheless. They are the largest oil refinery in the country, and are continuously expanding its reach.
- Franchise Fee: No info
- Total initial capital investment: P1 million to P2.5 million
- Cash bond: P100k
- Marketing: No info
Potato Corner
Potatoes are versatile vegetable, able to cooked in many ways such as French fries, hash browns, and more. Potato Corner saw its potential and unleashed it in the nation since 1992.
- Franchise Fee: No info
- Total initial capital investment: There is not much information about owning a Potato Corner franchise, but prepare at least P200k to P1.2 million
- Royalty: No info
- Marketing: No info
Red Ribbon
Known for their sweet and beautiful cakes, Red Ribbon has served as a bakery in the Philippines since 1979. If you are planning on buying a cake for a party, you know where to go.
- Franchise Fee: P600k
- Total initial capital investment: P6 million to P7 million
- Royalty: 7% of gross sales
- Marketing: 3% of gross sales
Teriyaki Boy
Another restaurant that serves Asian cooking is Teriyaki Boy, a Japanese cuisine restaurant that has branches all over the country. Taste the Japanese experience right here.
- Franchise Fee: No info
- Total initial capital investment: P9 million to P10 million
- Royalty: 5% net sales/month
- Marketing: 2.5% of net sales
Tokyo Tokyo
Another Japanese cuisine restaurant in the Philippines is Tokyo Tokyo. They bring authentic and flavorful Japanese food on the table, and have been doing so since 1985.
- Franchise Fee: P1.2 million
- Total initial capital investment: P8 million to P10 million
- Royalty: 3% of net sales
- Marketing: 6% of net sales
Waffle Time
Waffle Time is known for being the “Pambansang Waffle ng Pilipinas” because of their delicious waffles. They have outlets nationwide, and claim that their waffles are made by hand with love.
- Franchise Fee: P50k
- Total initial capital investment: P250k
- Royalty: 5% of sales
- Marketing: No info
Yellow Cab
Yellow Cab Pizza Co. is another pizza joint based in the Philippines and has served savory pizzas all over the country. If you are planning on buying pizzas for your night, look no further.
- Franchise Fee: P1.25 million
- Total initial capital investment: P9 million to P14 million
- Royalty: 6% of sales
- Marketing: 4% of sales
Note that the prices listed here are sourced online from 2018, so they have not been adjusted to today’s inflation. If you really are interested, perhaps ready yourself with a bit much more than what is written.
