Want your own Jollibee or Potato Corner? Here’s how much it costs to franchise
You can get your own fries stall up for as low as P200,000.
Popular Filipino restaurants and food stalls are always a good investment because people will always get hungry. A Facebook page called The Global Filipino Investors compiled the funding needs in order to obtain a franchise of your favorite food brands.
Of the *** on the list, a Potato Corner franchise is cheapest with an initial capital investment from P200,000 to P1.2 million. No franchise and royalty fees are also collected. A Master Siomai stall also needs just P280,000 as initial shell-out.
The bigger brands cost more, with a Greenwhich branch requiring an P815,000 franchise fee and a P20-P25 million initial investment. Royalty and marketing fees are collected at 5 percent each.
A Chowking branch will require a P1 million franchise fee plus value-added tax, P13-P15 million as investment, a 6% royalty and 4% marketing fee.
A 7-Eleven store needs P600,000 for the franchise, P170,000 in initial supplies, P800,000 for initial merchandise, and some P2 million for construction.
Owning a Jollibee is the most expensive, with initial capital needed ranging from P25-35 million. For an international branch, the cost ranges from $450,000 to $800,000.
Check out the full list here: