Guide on Mang Inasal Franchise Fee for Aspiring Business Owners of the Food Chain
MANG INASAL FRANCHISE FEE – Here is a guide on how much you must prepare in franchising the food business.
Are you one of the avid eaters of Mang Inasal? Undeniably, most Filipinos have the barbeque grilled chicken as their favorite. Why not turn it into a business? You may franchise one of the biggest fastfood chains in the Philippines.
Mang Inasal has several branches across the nation. Many of these are franchise businesses. Aside from the Filipinos loving barbeque grilled chicken, a lot of Pinoys like the affordable price of each Mang Inasal food in the menu.
The Mang Inasal franchise fee Php 1,200,000.00 which is exclusive of the Value Added Tax (VAT). According to the fastfood chain, the fee which is also called the system enrollment fee covers the fees and costs related to the services provided by the fastfood chain.
The Mang Inasal franchise fee includes the following:
- market and trade area assessment
- initial training
- systems set-up
- integration and upgrading
- franchisee screening
- other services
According to Mang Inasal, the initial setup fee does not include the store design fee. With regards to the estimated capital investment, it is between P15 to P22 million. The type of store you wish to open is a big factor on the amount of the capital investment.
- Free Standing — stand-alone and a two-level store with sufficient parking space
- Mall — located in a shopping mall
- In-Store — located within a building with adjacent tenants on both sides
- Food Court — located inside the facility of the mall or a structure adjacent to the food vendors
In franchising Mang Inasal, the store floor area requirement is between 200 to 250 square meters. The franchise term is good for 10 years. With regards to the royalty fee, it is equivalent to 5% of the net of sales. The advertising fee is equivalent to 3% of the net of sales of the branch.
Mang Inasal provides training programs to franchisees. It include classroom courses, hands-on training, and seminars. With regards to the payback period, it is dependent on several factors such as the following:
- sales
- market potential investment
- ability to control the operating expenses