Frequently Asked Questions: What are the Franchise Application Procedures? 1. Fill up Franchise Application Form 2. Submit a location sketch for your business • If you have a location, we can release your food cart for only 1 week or less. • If you dont have a location yet we can recommend you some location best for you. 3. Pay Franchising Fee (Cash or Bank Payment) 4. Contract signing ( 1 year contract, renewable ) 5. Attend Business Orientation & Training 6. Wait for the cart to release then operate. Food Concepts: 1. King Pao - Siopao 2. Siomai Express - Siomai 3. Noodle Prince - Stir Fried Noodles 4. Gorio Sisig – Pork Sisig Meals 5. Burger King - Burgers and Sandwiches 6. House Scramble - Ice Scramble 7. Chicken Pinoy – Chicken Isaw and fried chicken bite (you can add other street food) 8. Bogs Binatog - popular corn snack 9. Milk T - Milk tea goodness 10. Buko Madness - Buko Shake 11. BenteLog Corner – Rice and egg or/with siomai or patty (you can add longanisa, tocino, lumpia, etc) 12. French Waffle or Belgian Waffle How much is the Franchise Fee cost? 1. Single Carts worth = Php25,000.00 ( Fixed No Hidden Charges ) 2. Dual Concepts Combination = Php35,000.00 ( Fixed No Hidden Charges ) 3. Triple Concepts Combination = Php45,000.00 ( Fixed No Hidden Charges ) 4. Mall Carts ( For Malls ) = Php100,000.00 ( Fixed No Hidden Charges ) 5. Distributors Package = Php150,000 (Fixed No Hidden Charges) 6. Special Cart (Waffle) = Php35,000 (Fixed No Hidden Charges) What are the inclusions of the package? 1. 1 Mini high end cart 2. Basic Cooking Equipment 3. Basic Utensil 4. 1 set Uniform (T-shirt and apron) 5. Free Delivery of Products 6. Free Delivery of Cart within Metro Manila Area 7. Free Crew Training 8. Free E-Loading Business (load to all networks) 9. Free Starting Products worth Php500.00 – Php1,500.00. How much can franchisee earn? Franchise profitability is highly dependable on where the food cart is located. The Gross margin is estimated at 33% average mark up. To avoid improper setting of expectations, we can only provide estimates (not the actual amount) example: Projected Daily Sales (2,500 x 30 days) 75,000.00 Average mark up (33%) 33% Projected Gross Profit 24,750.00 Operating Expenses: Rental 8,000.00 Electricity 2,200.00 Water 700.00 Labor 4,500.00 Miscellaneous 200.00 Total Operating Expense 15,600.00 Projected Net Income 9,150.00 Return of investment (P25,000) 2.73 Where we can pay? You can pay to our office personally or through Bank. Bank Account of the Company: Banco De Oro ( BDO ) Account Name: First Smile Franchising And Business Development Services Account Number: 3900 150375 For more information Contact us Julius A. Moreno Sun# 09324780631 Tel#: 9030514 How long is the shelf life of the product? (if kept frozen) will be 3 to 6 months. How many days before our food cart will be released? If you don’t have a location yet, food cart release can take up to 1 to 2 weeks but if you already have a location, food cart can be released within 5 business days to 1 week. What is the schedule of the franchise seminar and crew training? Franchise seminar and crew training can be scheduled after lunch Mondays through Saturdays. How many times are we going to attend the seminar? Only 1 day and it will take 2 to 3 hours only. Is your company legal? Yes you can check our business permits at the office, or you can check it in DTI offices near you or check it online (DTI website), just simply present our company name – First Smile Franchising and Business Development Services.
Posted on: Thu, 26 Jun 2014 06:05:57 +0000